mondo3

SYS 1D - Breakout imminent, continued upward price movement.

Long
BITTREX:SYSBTC   SysCoin / Bitcoin
Trading idea for one of my favorite #altcoins, SYSBTC.

- All cloud metrics on the daily chart are bullish.

- Ascending triangle continuation in play.. volume profile is perfect.

- 50/100/200 EMA all bullish, with 50EMA acting as strong support.

- Lower TF bbands (4hr, 6hr) contracting, expecting a breakout soon.

- Strong bounce off horizontal support today.

- Fundamental catalyst - masternodes and mainnet due to release Q1 (before end of March 2018).

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.