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ForecastCity
Jul 26, 2018 12:35 PM

A trading opportunity to buy in SYSUSD Long

Description

Technical analysis:
. SYSCOIN/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
. The RSI and the price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.14 to 0.09). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.14)
Ending of entry zone (0.09)

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:

Take Profits:
TP1= @ 0.19
TP2= @ 0.25
TP3= @ 0.30
TP4= @ 0.34
TP5= @ 0.47
TP6= @ 0.58
TP7= @ 0.74
TP8= @ 1.02
TP9= Free
Comments
Best_Forecast
Very thoughtful, congratz n thanks a lot giving me a better direction and surely earning money. Two thumbs up and God bless you always
keeisr
So how does one set future sell orders at dollarprice when the tradingpair is either SYSBTC / SYSETH ?
Eg. i want to Place my first TP1 order up front, but nobody knows how many sats that will reflect 0.19 USD at the point in time where SYS might actually hit 0.19.

Regards and keep up the good work!
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