SYS is going to bounce hereSYS already crossed 50 days moving average and here chart clearly shows ascending wedge.
Syscoin
There is a trading opportunity to buy in SYSUSDTechnical analysis:
. SysCoin/USDollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.090 to 0.059). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.090)
Ending of entry zone (0.059)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.140
TP2= @ 0.190
TP3= @ 0.250
TP4= @ 0.304
TP5= @ 0.34
TP6= @ 0.453
TP7= @ 0.584
TP8= @ 0.740
TP9= Free
There is a possibility for the beginning of an uptrend in SYSUSDTechnical analysis:
. SYSCOIN/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 31.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.090 to 0.055). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.090)
Ending of entry zone (0.055)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.140
TP2= @ 0.190
TP3= @ 0.250
TP4= @ 0.304
TP5= @ 0.34
TP6= @ 0.453
TP7= @ 0.584
TP8= @ 0.740
TP9= Free
#SYS COIN TRADE SETUP FOR THE MONTH OF AUGUST BY BTC SHIKSHAIncase it dips below the buy zone we will recommend to buy more and average out your holding position.
please do your own research before investing.
A trading opportunity to buy in SYSUSDTechnical analysis:
. SYSCOIN/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
. The RSI and the price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.14 to 0.09). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.14)
Ending of entry zone (0.09)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.19
TP2= @ 0.25
TP3= @ 0.30
TP4= @ 0.34
TP5= @ 0.47
TP6= @ 0.58
TP7= @ 0.74
TP8= @ 1.02
TP9= Free
There is a possibility for the beginning of uptrend in SYSCOIN .Technical analysis:
. SYSCOIN/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
Trading suggestion:
There is a possibility of temporary retracement to suggested Buy Zone (0.3234 to 0.2439). if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.3234)
Ending of entry zone (0.2439)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.3779
TP2= @ 0.4159
TP3= @ 0.4647
TP4= @ 0.5408
TP5= @ 0.6329
TP6= @ 0.7247
TP7= @ 1.0226
TP8= Free
There is a possibility for the beginning of uptrend in SYSCOIN .Technical analysis:
. SYSCOIN/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
There is a possibility of temporary retracement to suggested Buy Zone (0.3480 to 0.2439). if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.3480)
Ending of entry zone (0.2439)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.4159
TP2= @ 0.4647
TP3= @ 0.5408
TP4= @ 0.6329
TP5= @ 0.7247
TP6= @ 1.0226
TP7= Free
A New Trading Opportunity to Buy. TP3 hit with 127292224 profit.SYSCOIN/DOLLAR
New trading suggestion:
*The price is in an up trend, and we forecast the uptrend would Continue.
* There is still possibility of temporary retracement to suggested support line (0.4514) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 6 BUY trade(s) @ 0.35671305(day close price) based on a reversal candle ( Hammer ) at 03.18.2018 .
Total Profit: 127292224
Closed trade(s): 55536085 Profit
Open trade(s): 71756139 190Profit
Closed Profit:
TP1 @ 0.4514 touched at 03.20.2018 with 9468695 Profit.
TP2 @ 0.5558 touched at 04.24.2018 with 19908695 Profit.
TP3 @ 0.6183 touched at 04.28.2018 with 26158695 Profit.
9468695 + 19908695 + 26158695 = 55536085
Open Profit:
Profit for one trade is 0.59590018(current price) - 0.35671305(open price) = 23918713
3 trade(s) still open, therefore total profit for open trade(s) is 23918713 x 3 = 71756139
All SLs moved to Break-even point.
Take Profits:
TP4= @ 0.7318
TP5= @ 1.0226
TP6= Free
Technical analysis:
Syscoin/Dollar is in an up trend and Continuation of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 69.
