Reversal, over 140%BINANCE:SNXUSDT SNX has created a reversal pattern (Shoulder Head Shoulder)
It's trading around 2.31 now
Wait a confirmation price closed above neckline or more safety above 3.35
Patience and join when on time
SNXUSDT
Synthetix Network token SNX price starts a difficult upward moveRecently, SNXUSDT price has finally managed to break out of a prolonged downtrend.
We assume that the current local price consolidation outside of the downtrend is coming to an end. And the SNX price may have quite a bit of growth ahead.
Take profit 1 - $3.55 (+25%)
Take profit 2 - $3.85 (+35%)
Take profit 3 - $4.40 (+55%)
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SNXUSDTHello dear friends
✔️ The long-term downtrend line has been broken.
At the same time, we have a positive RSI divergence in the daily time frame.
✔️ The support range ($1,523) is well maintained.
❕ If the resistance range of $3.6, which is a very important area, is completely consumed, the situation will become very attractive for us.
Considering that LL has not been formed on the downward trend, if a higher high is formed in the lower time frame, it can be a short-term confirmation.
What do you think?
BUY SNXSNX appears to be a promising buy at the moment. If you decide to invest, consider holding it for potential long-term gains.
SNXUSDTGood time friends, we are at your service with another analysis, this time #snx
⚡️ with 150% growth probability
We have provided you with the daily chart of this index; The pattern you see in the chart is called "Diagonal Reverse Header". This pattern is one of the strongest bullish patterns.
The yellow line also shows the possible movement and temporary corrections of this index.
You can see that the collar of this pattern is broken and it is a signal for buyers. Risk-taking people can enter the purchase now, and low-risk people can also wait for a pullback on the collar of this pattern.
The loss limit of this transaction is 2.47
Maximum profit 8.1
Risk to return 8
⚠️ Note that this transaction and analysis is intended for spot.
Be successful and profitable
Safe entry after defeating the blue boxConsidering that this currency has come out of its downward channel, the possibility of a growth of up to 34% for this currency is not far from expected, but the condition for entering a long position is to break the resistance range in the blue box.
But if we do not see a positive reaction to break this range, it is possible to return to the support price which is 17% lower.
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SNX trend change.SNX :
The asset has broken its weekly bearish trend line and is trying to consolidate for a trend change to a bullish structure.
We are looking for entry points for a long position.
Be careful and don't forget that Bitcoin leads the market. Everything follows it.
SNX Short 2.5RRThe price tested the strong resistance in the 2.8 range. Got rejected. The volume traded began to decrease. I am expecting the price to decrease to 2.4 level
Snx Short Term IdeaSnxusdt
Snx price is breaking down this pattern on hourly time-frame we can expect a 10-20% drop for short-term
Dyor
SNXUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Targets: 2.7 - 3.2 - 4
after first target reached move ur stop to breakeven
Stop: ~1.65 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
long SNXNYSE:SNX broke through the resistance level. Bullish movement to $2.4 is expected to happen.
SNX Synthetix Triple BottomSNX (Synthetix) has recently formed a triple bottom pattern, indicating a potential bullish reversal in the near term. The triple bottom pattern is characterized by three successive lows at approximately the same level, followed by a potential breakout to the upside. This pattern often signifies a strong support level and can foreshadow a price rally.
Considering the formation of the triple bottom pattern, SNX may be poised for a potential price target of $2.40. This target represents the potential upside that could be achieved if the pattern plays out as anticipated.
Looking forward to read your opinion about it!
Snx Finally Breaking out Seems Like Getting Ready For Another Massive Bullish Impulse Formed & breaking Falling Wedge Incase Of successful Breakout Expecting 80 to 90% Bullish Wave
Snk Looks Ready For Decent Recovery Looks Promising For Midterm Forming Descending Channel In 3 Days Timeframe & Building Up For Massive Breakout Incase Of Successful Breakout Expecting 300-320% Bullish Wave In Midterm
SNX is about to explode!Hello, everyone!
While CRYPTOCAP:BTC is in sideways it's time for altcoins to recover their prices. Yesterday my coin of the day was BIST:LINK , today is time for NYSE:SNX . In my opinion the increased Bitcoin dominance should be allocated to altcoins in the upcoming days/weeks.
Lets take a look at the SNXUSDT price chart. Like other altcoins this asset is showing the correction ABC is wave 4 of any degree. Waves A and B have been already finished in my opinion and now price is finishing the wave C. This wave is so imulsive which allows us to see some nice gains. Wave C usually consists of 5 Elliott waves cycle. I think that wave has just been finished. Of course wave 3 was not so large, but longer then wave 1. Wave 4 has still not overlapped the wave 1 top. It means that the main axiom has not been violated.
Wave 4 has the original target is zone between 0.38 and 0.5 Fibonacci retracement of the wave 3. Price has reached this level exactly. I decided also to apply the FibDiv trading strategy in conjunction with waves.
If price bounces from this Fibonacci zone we shoud wait the the next impulse (in our case wave 5) in the resistance area which is marked as the red box. Therefore, first target is located at $2. But taking in account that wave 3 was not extended wave 5 can be extended. In such cases we have the second target at -0.618 Fibonacci projection. Now it's located at $2.15. After this pump I expect new deep dive.
Best regards, Ivan
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SNX Just the other day u told me you were sorryGuys, snx hit take profit 2 on the super trend, then we had btc trouble so it negated the targets (which basically are the fib extension on the elliot wave, modified from hewhoshallnotbenamed)
However it is my experience, that the coin once it reforms support will go test the targets. So I gone LONG, cause well Ladys give me lots of $$$, may buy a new bicycle. I wonder if snx will hit all targets and I can get a scooter.
Stop adjusted to 2.10- leverage 10x- 20x. Please stop trading isolated above 10x, lol.
SNX...Your all that I want!!!!What up guys, fell asleep last night before I could post #Snx, Floki was giving me a heart attack as usual.
However snx has broken out on them 1 hr chart and we can still take take profit 2 3 and 4 on z supertrend
SNX ANALYSIS (6H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the SNX symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Snx Getting Ready To Reclaim 20$ Seems Like Getting Ready For Massive Recovery Formed Descending Channel In Days tf Incase Of Breakout Expecting 3 to4x Bullish Wave In Midterm
SNX/USDT Technical Analysis: Bullish Long-Term Outlook with 200%SNX/USDT Technical Analysis: Bullish Long-Term Outlook with 200% Upside Potential
The SNX/USDT pair has confirmed a breakout in the high time frame (HTF), indicating a bullish outlook for the long term. As of writing, the price is trading around HKEX:3 , with the breakout level at $2.70 and a retest level at $2.25. This technical analysis aims to provide insights into potential price movements and actionable trading strategies based on the chart.
Technical Analysis
The SNX/USDT chart suggests an upward move is likely to continue before experiencing some retracement. The breakout level has already been confirmed, and the price has retraced to the retest level, indicating a strong support zone. The long-term trendline has also been broken, further supporting a bullish outlook.
Targets and Stop Loss
Based on the chart, the potential targets for the SNX/USDT pair are $3.40, $4.50, HKEX:6 , and $7.30. However, it is important to note that a strict risk management strategy must be in place, with a stop loss set below $2.50 to mitigate potential losses.
Takeaways
The SNX/USDT pair has confirmed a breakout in the HTF, indicating a bullish outlook for the long term. The chart suggests an upward move is likely to continue before experiencing some retracement, with potential targets at $3.40, $4.50, HKEX:6 , and $7.30. A strict risk management strategy must be in place, with a stop loss set below $2.50 to mitigate potential losses.
Conclusion
In conclusion, the SNX/USDT pair presents a bullish long-term outlook, with a potential 200% upside from the breakout level. However, it is important to note that this is not financial advice, and investors must conduct their own research before investing in any coins.
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SNX IS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the SNX symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Syntetix longSynthetix bounced off the ascending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 3.2 is possible.
