At the 3-hours timeframe we can see a formed triangle and a subsequent upward movement in a pattern of a Bullish Flag. Nevertheless fluctuations are too low to make a good profit and the market is too risky right now.
Currently indicators are bearish nevertheless Impulsive growth can bring the price to the top of the triangle and form a Flag in a Ichimoku clouds zone. However volume of trade is too low and there are no sufficient fundamentals to break out of the triangle earlier.
We recommend to carefully watch this coin, as in the short term it has opportunities to change the trend. Signals will be provided once the best entry moment will be found
Currently indicators are bearish nevertheless Impulsive growth can bring the price to the top of the triangle and form a Flag in a Ichimoku clouds zone. However volume of trade is too low and there are no sufficient fundamentals to break out of the triangle earlier.
We recommend to carefully watch this coin, as in the short term it has opportunities to change the trend. Signals will be provided once the best entry moment will be found
Trade closed: target reached
The price precisely followed our analysis. Currently due to market crash it even broke the triangle down. Once the market becomes stable SYS will be the greatest short term trading opportunityProfit: 8.2%
Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.