Hi dear friends, hope you are well and welcome to the new trade setup of Syscoin ( SYS ) with Bitcoin pair.
Previously we caught a nice pump of SYS:
Now on a 4-hr time frame, SYS has almost completed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
this one has finally decided to flip the 200 ma
imo we range here for a bit with a wee flush to the 50 ema before we resume our golden cross formation and pump
for now rejecting 969 level
retest of 200 with a stop below blue line and wait for it ..
on the usd pair we have a massive gap till the 200 on the btc pair 60% move to next resistance
#SYS
UCTS printed the first 2D buy on the /USD pair, and /BTC is also looking promising.
Looking for a breakout above the most recent highs, which would allow for another 20%+ movement.
#SYS
A simple setup that might work
UCTS displayed a 2D Buy signal (usually strong)
As a trigger, aim for a breakout or flip of the area around 830 sats.
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the confluence of the MA's and eventual cross to the upside usually results in a 20% minimum move
reclaiming the 200 on the weekly for quite a while so looks promising
macd weekly about to cross
going to hold this one for a while or .26 at the least.
Ever since the start of January Sycoin (SYSBTC) has been going through a strong bearish wave.
Right now we can appreciate a rising channel long-term and prices start to form a potential low.
The 0.786 Fib. retracement level for the last bullish wave has been breached.
This level normally holds.
Below this level corrections tend to end.
Right after we can see...
$SYS SYSCOIN
This is just a price action analysis but you will be more surprised if you dig deeper into the fundamentals of SYSCOIN. (Check out SYSCOIN on twitter to stay updated on their growth)
Chart analysis - While SYS did take a hit during the last bit of the BTC dump, there was heavy relative strength for months. Take a look at the period between Oct 21...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this SYS/BTC TRADE setup. SYS looks good here.
SYS is breaking out from a descending triangle in the daily time frame. It also holds above 200ma which acts as good support.
Buy some now and more in dips.
Entry range:- 1180-1320 sats
Target1:- 1580 sats
Target2:-...
Today we look at the tracement of sys/BTC and see that it is still following the trend line due for a correction soon. After a strong monthly breakout this may be last chance to get into 1200-1300-sats before a reversal picks up.
BINANCE
