TradingView
Skyrex
Jul 28, 2018 3:52 PM

SYSBTC Fib retracement and BB Long

SysCoin / BitcoinBittrex

Description

SYS is a coin with great fundamentals. The price went down and was pumped again after consolidation.

According to Fibonacci retracement levels the price broke through 0.618 and tries to consolidate at this level. There are a lot of indicators which suggest that it will go up to Fib 0.5 level and higher. Ichimoku clouds act like a support while the price broke upward Bollinger Bands and MA levels

It is low risk trading opportunity, buy zone, targets and stop loss are in the Premium channel

Trade closed: target reached

#Profit_In_Premium
#SYS

Reached 2nd target on 29th of July

Profit: 13.3%
Duration: 1 day
More