SNXUSDT Technical analysis update
SNXUSDT has been trading inside a clear descending channel for the last 1700 days. Recently, the price touched the lower support of the channel and is now showing signs of a bounce.
If the current momentum continues, SNX could move upward toward the upper resistance of the channel. A breakout above the upper trendline would be a strong bullish signal. Until then, the price may stay within the channel.
Price could move 100%-250% in a few months.
SNXUSDT has been trading inside a clear descending channel for the last 1700 days. Recently, the price touched the lower support of the channel and is now showing signs of a bounce.
If the current momentum continues, SNX could move upward toward the upper resistance of the channel. A breakout above the upper trendline would be a strong bullish signal. Until then, the price may stay within the channel.
Price could move 100%-250% in a few months.
🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Related publications
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.
🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Related publications
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.