SNX Cooling Off?My Fellow Crypto Traders,
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ANALYSIS:
SNX looking to find footing for support as it progresses through possible retracement. This narrative is supported by RSI signaling divergence in which SNX still lacks the momentum for a continuation to the upside. Therefore, SNX should hold true to respecting the upward trend, that has historically shown support after re-test.
Traget: Weekly S1 @ $14.74
Short target is influced by the
Snxcorrection
Leg Up Before Healthy Correction Dose For SNX ?My Fellow Crypto Traders,
Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy Trading!
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ANALYSIS:
SNX has been on a savage run with gains of 68% within 3 days, as it feels another AltCylce could be upon us. However, volume appears stagnant in which could result in a micro correction towards lower VWAP levels. But if there is an RS Flip @ the $12.18 resistance level, due to an increase in money flow from larger Alt's and BTC, SNX can see some resistant free positive price action