take a look ... SNX will do great this month !break out confirmed on 4 hr time frame
✅ Buy: 21 - 22.75 ✅
🎯TARGETS:
1- $ 25.55
2- $ 28.97
3- $ 38.90 (midterm target)
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below $ 16
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SNXUSDT
SNXUSDT-4h : up trend channelDear Traders
using the Regression trend tool, one can see easily the uptrend channel in 4h time frame. the pitchfork also confirms it. price moves within the channel and hit the pitchfork levels well. As a result, if the price touches the mid-line and breaks it out, it will go to the top of the channel. if the price can not hit the midline of the pitchfork, it would go down sharply.
comment your ideas
$SNXUSDT - Elliott wave analysisHello everyone!
It seems that Synthetix found a strong lasting support at $13, which should act as a booster of the SNX.
Synthetix according to the EW has completed the 4th wave, as usually 4th wave is 0.618 of the 3rd wave.
Although I highly recommend you to go long upon the breakout of the dynamic resistance.
Expect volatility today, remember the BTC futures settlement.
SNX following ADA's 2017 pamp : cycle behind ; final target 250%SNX following ADA's 2017 pamp : cycle behind ; final target 250%
this was me trying to figure out if i should bag this one or ren/sushi/aave...
maybe you have a bag already.
this thing did some crazy multiples already. congrats if you got this one near the bottom.
Best chance to BUY before SNX takes off! SNX had already broken out from its bear trend before the "crypto crash". IMO the crash is nothing unusual compared to what we've seen before. Corrections are important so that we can continue our pumps. RSI looks good for SNX although we might need some time for it to bring back the bulls. BUY at any level lower than the 'Buy zone' that I have marked and take your profits around where I have marked. I would take 25% - 50% profits and leave the rest to run. That way you won't miss out on any more gains if the bear run continues. If you are buying SNX for the long term, I wouldn't take any profits until Q4.
Just an idea ;)