Risky!!!hello friends
This currency can be a good opportunity to buy after breaking its long-term trend line and making a good return.
We specified the goals for you in the picture.
Don't forget capital management.
Be successful and profitable.
SNSUSDT
How bullish is Synesis?Hello everyone! I have been following this asset for quite some time and have been buying it in parts throughout 2023. My average entry point is currently at $0.003443.
Looking at the chart now, on all higher timeframes it is clear that the asset has broken a double bottom at the 0.5 Fib level, with the potential of this pattern reaching $0.28, where the global ATH is also located.
Applying Elliott Wave Theory to this chart, we can see 3 corrective waves and a potential 5 wave growth structure to follow.
Based on this, I believe we are at the peak of wave 1 and we can expect a correction towards 8-9 cents per coin in the near future.
Following the 5 wave structure, we can expect further growth towards $11, where the next Fib level is located after surpassing the ATH.
However, everything could change. It all depends on the project's marketing and proper listings.
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