alanmasters
Long

[SYSBTC] Syscoin Steady Growth [580% PP]

BITTREX:SYSBTC   SysCoin / Bitcoin

Trade instructions Syscoin ( SYSBTC )

Found the chart:
- The yellow square (our support / demand zone ) goes back to early 2016. So this is a very, very strong support for Syscoin, we move up from here.
- Volume is yet to build up, action yet to start but the correction is evident on the chart; all gains were removed.
- We have a strong MACD bullish crossover.
- Bullish STOCHRSI and RSI coming out of oversold.
- Over 550% profits potential.
- With SYSBTC now trading above EMA50 and EMA10 on the daily time frame, after a long period of slow steady growth, I believe it will move up soon.

Buy in: 0.0000141 - 0.0000159

Next support:

(1) 0.0000131
(2) 0.0000121

Syscoin Targets:

(1) 0.0000171
(2) 0.0000195
(3) 0.0000221
(4) 0.0000247

Longer term
(1) 0.0000297 (Major resistance)
(2) 0.0000333
...

Stop loss: Close weekly candle below 0.0000111.

Capital allocation: <15%.



ENJOY YOUR WEEKEND

May your weekend be filled with everything that you consider nice and special.

May your weekend be great.

Namaste.
Trade active
Trade active
Trade active: Targets valid on the way up.
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Related Ideas

Let's hope it keeps on making dildos!
Reply
I agree with your analysis. Both fundamentals and technicals looking good for Syscoin. The history of this project is interesting and goes back to 2014 when it was one of the first ICOs. Team is dedicated and seems persistent. It's definitely a survivor. From lows to highs historically, it has been one of the most profitable cryptos in the space, period... more so than Litecoin on the same basis of comparison, which some might find surprising. A lot of people who dig in and learn about Syscoin end up feeling they've found a diamond amidst coal.
+4 Reply
alanmasters oneEyedJack
@oneEyedJack, Great comment, thanks a lot for sharing.
+1 Reply
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