SYS 1D - Breakout imminent, continued upward price movement.
Trading idea for one of my favorite #altcoins, SYSBTC.
- All cloud metrics on the daily chart are bullish.
- Ascending triangle continuation in play.. volume profile is perfect.
- 50/100/200 EMA all bullish, with 50EMA acting as strong support.
- Lower TF bbands (4hr, 6hr) contracting, expecting a breakout soon.
- Strong bounce off horizontal support today.
- Fundamental catalyst - masternodes and mainnet due to release Q1 (before end of March 2018).
- All cloud metrics on the daily chart are bullish.
- Ascending triangle continuation in play.. volume profile is perfect.
- 50/100/200 EMA all bullish, with 50EMA acting as strong support.
- Lower TF bbands (4hr, 6hr) contracting, expecting a breakout soon.
- Strong bounce off horizontal support today.
- Fundamental catalyst - masternodes and mainnet due to release Q1 (before end of March 2018).