Will SNX go up by another 50%?

By neverovv
Updated
Hello everyone!

Synthetix is another asset that has been trading sideways for a long time. On average, the movement from one side of the trading channel to the other is 50%.

Currently, the asset is in a good buying zone. The RSI indicator also shows that it is oversold.

Targets on the chart.

This is not financial advice, and anything you do is at your own risk.
Trade active
Today the market is experiencing a sharp rise, and another idea of mine that I mentioned in September has yielded a 33% profit.
Trade closed: target reached
Well done
FibonacciSNXsnxlongSNXUSDSNXUSDTsnxusdtlongSNXUSDTPERPSupport and ResistanceTrend Analysis

Disclaimer