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Falling wedge from 2017 broken by syscoin on weekly - 10x incoming
SYSBTC - Long - Potential 10.65%
Trade Link: N/A
- RSI Divergence
- Doji Candles indicating Reversal
- Untested Monthly & Weekly Pivot Points
- Bullish Future Pivot
- Longer term uptrend
Trailing Buy, Stop & Take Profit Recommended.
Beware BTC volatility
SYSBTC - Long - Potential 10.5%
- RSI Divergence
- Heavily Oversold
- Future Pivot Points
- Untested Weekly Pivot
Volatile Bitcoin, higher risk
Trailing Buy Advised
Trailing SL Advised
SYS has broken out of accumulation. Buy 424 or less / on dips. Target 1900
over 300% profits to be made.
looking for a clean close with volume above the 7 month long trendline
Ideas on the chart. Thoughts welcome.
If it breaks this trendline then we'll see some nice highs, but I'm expecting it to breakdown
Here sys could be about to break out of this corrective downward trend line. Nearing levels of strong historical support. RSI nearing oversold. MACD crossed over on the 2hour chart.
After the recent breakout, it seems to head higher due to rebranding in December and positive momentum. As you can see on the RSI there is support around 50, which got tested and not broken.
SYS Coin to my belief has a lot of room to move downwards to beneath the 618 and possibly bounce off of either the 618 or the 786. Set buy orders in at both and when filled 5% stop loss.