mustagfir

The only altcoin worth 96 Bitcoins :)

Long
mustagfir Updated   
BINANCE:SYSBTC   Syscoin / Bitcoin
Yes, the controversial SYSBTC is back in uptrend. This is the same coin which spike up to 96 BTCUSDT per coin (of course that was some shady price action because of a system exploit).
Then it tanked back to 0.00002 immediately (which is to be expected) But the fact is that many bought that coin on higher prices and still holding, gives it chance to pickup pace again.

Hopefully Elliott waves will be on our side. And momentum indicator (4 hr) is also showing positive momentum shift after a long time.

There is a huge possibility of getting up to 0.000024 or even up to 0.00003. which is a whooping 10% + gain
Its a good investment for next few days.
My play would be to buy and hold for 3 to 5 % gains.
Place stop loss at 0.00002 or if you are more worried watch for a breakout below 55EMA.
Don't panic in spikes because this is a small coin and a victim of pump and dump.
Keep an eye on BTCUSDT , any altcoin analysis is done assuming no sudden extreme BTC movements.

Happy Hunting.



Note:- This is not a financial advise.
Trade closed: stop reached:
Impulse wave failed get out

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