Already broke out at the 4H chart.Already closed above the falling wedge resistance line. Seems to be a little late to got in the long position now but when it started to correct would be a smart move to get in the trade at around 1035 sats - 1065 sats which is the support line for now. For mid term investment it would be a good trade but needs to be careful using...
update on $SYS... Support at ~1100sats showing some signals of hodling/bouncing while most alts in the market are falling... UCTS buy signal on the 6H Volume slowly increasing RSI Bouncing from oversold levels I would like to see price pushing above 1200sats... #SYS
If the prices manages to break the blue area, which is currently holding it down, i would buy on a retrest. First target would be the yellow Supply area. Please consider: This information / article is only for educational purporses and not a recommendation to buy or sell. I'm not a Financial Advisor.
$SYS Looking good...Potential ascending triangle as continuation of the trend UCTS Buy signal active Volume slowly increasing EMA200/~1613sats as resistance RSI & MACD flat for now Targets in the chart, falling below the ascending trendline cancels it. #SYS
* golden cross happened a week ago * resistance tested 9 (!) times
Many charts are currently looking the same in Crypto. Look at $SYS for example. breakout from a falling wedge, spike in volume. Then pullback, retest of EMA50 and push with volume again. I'm seeing this pattern a lot around my TA... Try to find the ones that are lagging #SYS
If we see the SYS test the MA50(RED LINE), we expect immediately a 10-20% jump.
We have traded this setup on $SYSBTC before with success. This time we are looking for a 15 to 20% price target gain around the 1600 to 1700 satoshi levels. Nice clean price action with trend line and price support. Additionally we have had several relative volume spikes suggesting that big buyers have entered the market. Trade this puppy up but don't fall in love.
Purchasable between 1300-1390 satoshi. Don't forget to profit realization. Good Luck!!!
#sys is waiting for an upside break above 1350 Potential Upside Targets 1636 (28% Gains) with a potential extension to 2340 (83% Gains) May take weeks to play out. Not suitable for Scalping Bullish Bias invalidates if price breaks & close below Up Trend Line
Price is holding above EMA 50. Bounced recently. RSI Stoch was oversold and curved up. Ichimoku turned green. Orange lines are old highs, so they are resistance. It has STRONG fundamantals. Sky is clear after 10450 sats.
Syscoin has just jumped out of no where! A little late to the party but better late than never. I actually purchased some SYS a while back and went up over 60% with its current price. I like how SYS had been performing & it actually made it into the top 100 on Coinmarketcap for a bit. I believe we now have to recover to the Highlighted support level. I am...
Expecting a little bounce at the blue level. R:R is moderate. Please consider: This information / article is only for educational purporses and not a recommendation to buy or sell. I'm not a Financial Advisor.
Looking at the daily chart for SysCoin, which is now trending on Binance, we can see some bullish signals taking place. Let's take a look at those and see what we can learn: SYSBTC broke above EMA10 and EMA50, but is now facing resistance at EMA100 (blue line) which pushed its price back many times in the past since December. This is the main resistance...