Using the 78%, 61% and "50"% fib retracement tool on the beginning of the uptrend, and following with the trend fib extension on the same points, I am attempting to gain 1200 sats/coin. After, I will sell all my coins, and do the exact same thing after the dip, for as long as the uptrend shows to continue.
After testing support at 2550, SYS has recovered and is in a good position for a possible swing northward. This is a risky play since there is a lot of resistance overhead but at the same time is a good opportunity to get in at support price. Watch out for turbulence in the 3500-4500 zone but if it breaks out of that area the likely target is 6350.
HI trader Do not forget to put a stop loss The market may be volatile Good luck
All I saw today was real Fib Retracement till 0.618 level, we may see more retrace until 0.5 fib level, but it's 50%. In my opinion, orange curve movement may happen more than green one, because Stoch RSI is going downward. However, indicators are not right every time and we may see green movement. Buy level 30-33. Stop loss lower than 30. Good Luck !
The price bounced from the support zone formed by the uptrend line and SMA50. MACD and DMI support upward movement. If the price breaks the resistance level and the previous swing high, we'll get a signal confirming that the market is going to move higher. Pending orders for buy can be placed at 0.00002550 level with stop orders at 0.00002150 level. Profit targets...
This time looks like sys is formating ascending triangle for next bullish movement. Targeting 3800sat this time.
SYS has entered e2e territory on the daily MA cloud. I'm expecting price to move up through the cloud and touch the green FAMA edge.
Pennant flag for Sys. 1. target 3100sat 2. target 3250sat.
There's a head and shoulders on the daily. If it breaks the neckline it can fall to the 1.618 fiv level at 1231. I'm new to this. This is not financial advice. Trade at your own risk.
The previous swing high can be a good level for placing buy orders. If the market breaks 0.00003000 resistance level and moves upward, we'll be able to catch this price movement. Entry level is 0.00003100 with stop orders at 0.00002450 level. Profit targets are 0.00004000 and 0.0000500 resistance levels.
Best time to buy Target - 0.00007234 Target reach in maximum 1 month Good Luck!!
3 targets good risk reward stop loss Good luck and comennt your idea ;)
After having retraced almost 100% since last massive rally, the chart shows a similar price consolidation as previous pre-rally consolidation. Price sitting at strong support and a bullish divergence on the MACD also helps. As far as fundamentals: master nodes soon, which could push the price to a new ATH.
The Syscoin 2.2 Testnet for Masternodes was released just days ago and is successfully being tested. IN Q1 2018 the final version will be released. It will cost 100k SYS (at current market price: 21895 USD) to run a masternode. Masternodes provide very good, solid investment returns and are very in demand. Somewhere in Q1, 2018 the Syscoin team will release the...