Synthetix (SNX) Buy ZoneSynthetix (SNX) Buy Zone
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BIAS
Mid-Term : Bullish
Long-Term : Bullish
Risk : Medium
With a low of $4 zone Synthetix has just retested one of our deepest mid-term support zones at $4 zone where buyers prevented it from going any lower.
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$SNX/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 3.8 - 4.125
TP 1 : 4.25
TP 2 : 4.45
TP 3 : 4.65
TP 4 : 4.87
TP 5 : 5.1
TP 6 : 5.35
TP 7 : 5.7
TP 8 : 6.1
Stop Loss : 3.4
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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SNXUSDT
#SNX #SNXusdt ideal buy setup synthetixHey everyone
SNX is at a bottom right now. Ofcourse it all depends on BTC, but if this bottom is held.. the breakout for SNX could be huge.. making a triple bottom at current level + triangle breakout.
As you can see, SNX is at the ATL for the chart.
SNX fundamentally is a fine coin, so I am not worried about that.
Ideal buy zone: NOW (4.5) to 3.2 (bottom of triangle)
If this setup fails, still a perfect coin to keep in our hodl wallets imo. Until better times arrive.
Gl traders.
SNXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. You see that the R1 line was a resistance area which the price has hit and fallen several times. Now it is broken. There is the R2 area which can be the next target for the price. Now the price is moving between R2 and S1 zones. It is possible for the price to have some correction and then move up to the R2 zone.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
SNX | Looks Promising for Breakout..!!
#SNX (Update)
Descending Channel Formation in Daily timeframe Chart..
So far Looks Promising & In case of Upside Breakout, Expecting Massive Bullish Wave towards the $12..
Send it..!!
📍 Always Wait for Confirmed Breakout & Candle to Close and Only then ENTER..
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
Synthetix Fortune Favor the Brave
What Is Synthetix (SNX)?
Synthetix is a decentralized finance (DeFi) protocol that provides on-chain exposure to a wide variety of crypto and non-crypto assets. The protocol is based on the Ethereum (ETH) blockchain and offers users access to highly liquid synthetic assets (synths). Synths track and provide returns on the underlying asset without requiring one to directly hold the asset.
The platform aims to broaden the cryptocurrency space by introducing non-blockchain assets, providing access to a more robust financial market.
- Trading this Token could be very impressive Gains, 300%, 600%, 750%. Everything is only depending on your strategy :
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Trading Plan
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Plan A :
Buy : Now a bit ( if u trade it for long term hodl)
Safety Buy : 3.5$
Rebuy : 2.5$ ( Bottom )
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Plan B :
- Wait for strong breakout and buy (Breakout Line in the graph)
- Buy Zones after breakout : 5,5$ to 7.5$
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TP 1 : 14.4$ (Security TP)
TP 2 : 23.4$
TP 3 : 28.9$ ( before ATH )
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SL : No Need
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- Follow always TheKing closely, play as Trader, don't be greedy and don't be fearfully.
Happy Tr4Ding !
SNX/USDT - Potential 180% SetupHello Traders!
SNX underwent a full business cycle, the price corrected to 2020 values.
The price found support near the level of $3.62 and the asset is in the accumulation phase.
We can observe for purchases in the range of $3.62 - $4.10 and hold the position based on the correction of downward movement to the main selling zone of $11.50 - $13.50
It is reasonable to close the position using stop-loss if the price goes under $3.28
The targets will be the following price levels
$7,35
$9,28
$11,50
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
$BTC Long Update - ALT entries*BTC update - searching for entry
-> Following FED update - large net -ve outflow from exchanges, proportionally and historically
-> Leverage ratio at all time high (0.225)
-> Open interest decreasing
-> OI weighted funding rates finally moving negative
-> Max pain significantly above index prices
*Overall - on chain appearance indicative of closing in on bottom, but OI still elevated
Impression:
> Look for short term trigger for grind up, negative flush and then buy ins.
> My targets on screen
--> ALT triggers
Using BTC targets for ALT buys - proportional value % greater
Look for good projects, with more developed tokenomics, more established, likely to see divergence here from underdeveloped LCGs (low cap gems) - risk off in market atm
Target pairs:
$SRMUSDT
$AAVEUSDT
$SNXUSDT
SNXUSDT might be soon at bargain prices. Huge profit potential.SNXUSDTPERP might be soon at bargain prices between $4 and $2.58, potentially going all the way up to $30+ if a new rally begins when the huge money comes back into the market and new excited buyers jump on board of the crypto fever.
In my opinion, you can safely enter 5x at the levels indicated.
Contact me via direct message if you wanna buy Binance Futures trading signals.
**This is not financial advice, do your own research. Trade at your own risk.
SNX Retest Done!Long #SNX here as we bounce on retest.
We keep the trade inside channel.
I'll take profit every 10% Growth.
Long: 6.00
Stoploss: 5.25
SNX ANALYSISHere's a quick look a t SNX 1D chart. As we can see, the price has been showing to break a trend line a nd make retest to it.
7.225-7.6$ work as heavy resistance and w e need to breakout this.
Definitely one to keep an eye on .
The best entry at Support level also on trend support and after breakout and retest.
targets
7.33$
7.6$
8.5$
8.9$
10.29$
11.1$
keep holding it
SNX show huge pump anytime as shown before
thank you
SNX/USDT by CryptoTradersWWSNX is a project that has grabbed my attention.
One of the reasons is that the price has returned to the value area low of the entire range, presenting an outstanding risk-to-reward scenario.
In addition, we have a multi-month counter headline in play that must be broken in order to confirm a reversal.
I'm looking for a reversal back up to $9, which is the 0.618 Fibonacci level for the last important high + range's point of control.
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