The same EMA200 level we just looked at on the IOTXBTC chart (visit my profile), has been activated here on the Syscoin (SYSBTC) chart.
The green rectangle is the "buy zone". Remember to have a plan if you decide to trade.
Conditions for change
If prices break below EMA200/EMA100, we still remain bullish but a retrace will take place.
SYSBTC Potential pump .
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SYS peaked after reaching a high of 590+ sats. Since then, SYS has been on a strong retrace. I expect a possible further decline into the yellow box, which should hold as the next support level. The main entry zone that I am looking for is inside the zone of 280-320 sats. After this point, I do expect another attempt at the daily resistance giving...
Syscoin (SYSBTC) is now gaining bullish momentum so we can direct our focus to the next targets.
The 0.786 Fib. extension was hit today, so on the next move, we aim at the black dashed line (0.00000453).
If this level can be conquered, we look at 0.00000610 followed by 0.00000863 for up to 144% in potential profits... Much more is possible mid-term for Syscoin...
price is near key Resistance if close above the resistance than coin can jump 20% - 30% in short period of time
1) Volume breakout
2) price above 21 ema need to hold
3) facing Resistance with high volume
daily close above 278 - 280 is very good for next departure till than we must wait and enjoy the breakout will buy Retest ..
Syscoin (SYSBTC) has been on my list to share a trade for a few days but my laziness didn't allow me to publish.
Take a look at the chart above, SYSBTC just produced a strong breakout and shows great potential for additional growth.
In my previous chart, I have this clearly mapped out, see it here:...
Here we have the chart for Syscoin (SYSBTC) fully mapped, please allow me a minute to share some of the details.
We have multiple channels, support, and resistance levels marked on this chart.
The light yellow area is where sideways consolidation can happen, prices going flat (blue arrow).
If 0.00000307 is broken, we can expect the bullish scenario to...
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....
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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