Trade setup : Price is in a downtrend, however, it's trading in a Falling Wedge pattern, which typically resolves in a bullish breakout and a trend reversal. We wait for such a breakout. Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a...
SNX is trading below a bearish trend line. The big SNX structure is completely bearish. It is expected to reach the demand range in the medium term and then move upwards. We are looking for buy/long positions in the demand range. Closing a weekly candle below the demand range will violate the analysis. Note that the financial market is risky, so: Do not enter a...
Trade setup : Price is in a downtrend, trading in a Falling Wedge pattern. Swing traders: price is approaching the Wedge support trendline and $1.00 horizontal support, and is oversold (RSI < 25!), which makes for a good trade entry, with +50% upside potential to $1.50 key level. Stop Loss at $0.87. Patterns : Falling Wedge Usually results in a bullish...
SNX ~ 1W #SNX In the past this was a very strong demand zone for price bounce. At least for a 20%+ upside from here.
#SNX The price is moving within a descending channel pattern on the 4-hour frame and broke it upwards after adhering to it significantly We have a downtrend on the RSI indicator and it was broken upwards and we have a trend to stabilize above it We have a major support level in green at a price of 1.60 We have a trend to dot higher than the moving average...
Yello Paradisers! Could #Synthetix be on the cusp of a massive breakout or a steep decline? The charts are heating up, and the action around the #SNXUSDT is worth watching: 💎#SNX is gearing up for a major breakout from its descending channel on a daily timeframe. The price has consistently respected the trendlines within this formation, but recent developments...
SNX did very well, in previous idea I shared snx trade idea in demand zone. Price came into that demand zone, exactly entry filled and 13% profit done.
SNX seems to be getting ready to move to the supply side. A bullish CH and hitting higher bottoms is a bullish sign that we have on the chart. The target is supply Closing a daily candle below the invalidation level will violate the analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a...
NYSE:SNX looks like it's about to make a big move higher. Price broke out from the bottom, tested $4.73 multiple times and now has retested the breakout level as support. It looks set to move higher here. Should price break above the $4.73 level, there's pretty clear skies until $13. If price can break over that $13 resistance, then the next level higher would...
#SNX We have a bearish channel pattern on a 12-hour frame, the price moves within it, adheres to its limits well, and is expected to break it upwards strongly. We have a support area at the lower border of the channel at $2.50 from which the price rebounded We have a tendency to stabilize above moving average 100 We have a downtrend on the RSI indicator that...
$2.40 to $2.50 is a good entry point for traders and investors, with a predicted price target of $4.60, representing a significant upside of nearly 92%.
SNX ~ 1W #SNX Return to the accumulation zone. It is very interesting to start buying again in this Support zone. long term target of at least 25%+
#SNX The price is moving in an upward trend on a 4-hour frame, and the price is about to bounce back higher We have a Resin support area at $4.34 We have a downtrend on the RSI indicator that is about to touch it again We have a higher stability moving average of 100 Entry price 4.34 The first target is 4.65 Second goal 4.91 Third goal 5.17
SNX ~ 1W 📈 #SNX Successfully exit the Accumulation zone, Make purchases gradually from here with a minimum target of 20%+
Greetings Crypto Enthusiasts! 👋 SNX, a true gem in the crypto cosmos, shines brightly with a market cap of 958M. 📊 SNX Essentials: Market Cap: 958M Circulation Supply: 304,391,280 SNX Total Supply: 328,193,104 SNX TVL : 647M ⚖️ Chart Analysis: Accumulation Unfolding: Witness the grand accumulation depicted by the dark green rectangle and a smaller, already...
Neckline is @ $4.43 another 70 cents or so We obviously don't how these coins will react at these necklines if they are met with resistance breakout strongly only to come back down and retest the neckline But this should give holders hope for double digit prices --- at some point Best of Luck
👋Hi, I hope you have a Great Weekend🥳. 📈Today, I want to share with you an analysis of the Synthetix(SNX) project , which can increase the price by more than 🚀➕20%🚀 in the short-term . 📚 What Is Synthetix (SNX)❗️❓ Synthetix is building a decentralized liquidity provisioning protocol that any protocol can tap into for various purposes. Its deep liquidity...
On the chart, from where we entered "START", we seem to see a correction. This correction seems to be a diametric. There was a suitable place for the termination of the F wave on the chart, which we marked with red color. If the price reaches this range, you can enter a sell/short position. For risk management, please don't forget stop loss and capital...