Syscoin has been battling to stay above the upward trend line. Currently SYS sits at the 100 MA after recently seeing the 50 & 100 MA crossover in a bullish manner. Daily STOCH has turned bullish inside the oversold territory. 200 MA is also falling into daily block zone. I expect a push off 100 MA to a triple top at T1 of 326 sats. This should be followed by...
like the schedule
are under 200 EMA
this means we are going to test it on a 4-hour watchmaker's setup for growth.
But in order to see growth, it is necessary to break through resistance at the beginning.
Breakdown will be strong and immediately to the goal
You can put a purchase order pending
Syscoin (SYSBTC) has been in an uptrend after it hit a new low in early August. Now, this pair only keeps on growing.
The charts are really bullish and the SYSBTC pair caught my attention recently, meaning, this is about to move up.
SYSBTC Chart Signals
We have a really strong break above EMA50.
We can see new peaks (higher highs) being hit all the time. We...
This has been consolidating for a few days right below the cloud after a TK cross, expectations are high on this trade but we are going to keep the conservative mindset regarding the targets.
TP 1: 0.00000318
TP 2: 0.00000343
TP 3: 0.00000422
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#SYS - Daily chart showing ascending price action with ascending support.
50 day SMA acting as STRONG resistance, as you can see it's been tested and rejected many times. A breakthrough of the 50 day SMA (green) would be very bullish.
Breaking the ascending support would be bearish.
Syscoin (SYSBTC) is the next altcoin pair to wake up and print a high volume breakout.
This breakout above EMA5/10 is normally followed by a retrace, but this is the signal that this pair is waking up.
Notice the red trendline, with a close above 0.00000360 satoshis on the daily timeframe, this resistance is broken and SYSBTC can start to consolidate or a new...