SNXUSDT
$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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SNX/USDT possible bounce with 1:5 risk rewardSNX has entered its bearish trend breaking some important support zones.
At the moment I expect it to bounce up to $9 and complete 'M' pattern.
A good trade could be taken on trend line breakout.
We see how price will react to first resistance at around $7.2.
Mid/Long term I don't see it breaking its ATH, to me the best 'bullish' scenario is being in a range for couple of months.
The worst that could happen - going for new ATLs (all time low).
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SNX above long term support#SNX/USDT
$SNX is trading inside long term support zone, hold above this support can increase price to break out from descending resistance, and head up toward resistance zone. in long term price can reach $35 and even $43.
break down from current support will drop price to $2.9 and much more lower.