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SNXUSDT

#Synthetix Buyers Upbeat but SNX Inside a Bear FlagPast Performance of Synthetix Synthetix is inches away from November and 2022 lows. SNX remains under pressure, looking at the performance in the daily chart. Presently, the token is trending inside a bear flag and within the November 8 and 9 bear candlestick. For the uptrend to take shape and SNX bulls to be relieved there must be a close above $1.85 and the flag with decent trading volumes. #Synthetix Technical Analysis SNX prices have support at $1.57, the base of the current bear flag, flashing with November 2022 lows. Unless there is a decisive follow-through, sellers have the upper hand, pushing SNX prices above $1.82 towards November 9 highs at $2.15, the immediate resistance level. A skeptical formation is the absence of participation, thrusting prices to spot rates with higher highs relative to the lower BB. Accordingly, aggressive traders can look to short and swing. Meanwhile, conservative, risk-on traders can wait for clear breakouts before riding the emerging trend. Losses below $1.57 may see SNX dump to $1.42. What to Expect from #SNX? Bulls are buoyant, but SNX remains within a bear formation. The short-term trajectory depends on whether bears will flow back, forcing the token below the triangle; or bulls flowing back, thrusting SNX above the bear flag back to November 9 highs. Resistance level to watch out for: $1.82 Support level to watch out for: $1.57 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
SNXUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for SNXUSDT There are R2 and R1 as the resistance areas which contain the disability of the price to rise. And S1 is the support line that represents the support of price since the past. At the moment, we have the price fluctuating on S1 area and we expect it will fall to the bottom of this area and then by giving us some rising signs, an increase is waiting for it to R1. In case the price moves above R1 and fixes there, more rise will be predicted. Even it is probable for the price to moves below S1 and have more decline. 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
by MarsSignals
2
SNX LONGBought for 7% of snx deposit Fundamental: A few reasons 1) returned to the zone of interest 2) launch kwenta (exchange) on snx 3) the main thing is that snx restarted atomic swaps integrated into crv, 1inch in the summer it gave an additional commission to stakers and x3 in the price in the summer (for a couple of days) On the technical side, we have a channel with a double bottom. I also marked you on the chart areas of support and resistance. Cancellation of the scenario will fix below $1.42 I expect a trip to the $ 2.72 zone, after which I will update the idea. I'm waiting for your comments on my idea, I'm very interested in your opinion.
Long
by MMJtop
1
SNXUSDTLike a lot of my picks of the 11 coins I am investing in very hard to estimate how far SNX will go as it's never been this low. I assume a 60% crash on most ALTS from here given how these bear markets usually end. 1 INCH and Optimism use their protocol for deep liquidity and they are also going to add non crypto assets to their protocol which is pretty exciting. They also have put an end to their inflationary tokenomics making it a much better investment opportunity. Best to have buy orders all the way down. eg. 30% allocation once it drops 40%. Another 30% if it droops 50% etc. Its essentially reverse price discovery.
by PistolPeteno1
SNX - Accumulate for ALTSEASON ♾Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 I've been making updates on altcoins that have massive upside potential and good risk to reward rations. These ideas are all spot focused accumulation phase positions, by using the dollar cost average method. SNX is another altcoin with great upside potential. With a modest TP point only halfway from the previous high, the profit would be 520% ! Here's another excellent low risk / high reward setup: _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by Crypto-Check-
17
SNX - Accumulation 🧲 LONG Setup +500% TPHi Traders, Investors and Speculators Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 I've been Bullish on SNXUSDT for the longest time and I believe we are close to the market bottom - perhaps one more drop. This would be the low volume sell-off according to the Wyckoff Method for the Accumulation phase. In this 4min video, a quick buy setup with a potential +500% target ad take profit point (TP). Interested in my view on BTC? Check out this idea: Have a great weekend 🥂 _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by Crypto-Check-
11
Snx/USDT Short📉N.B. Check my tradingview profile Trading proposals post based on price action, technical analysis, major intraday supports and resistances, rejections, breakouts, chart patterns and other factors. How this analysis was done: First I find usdt pairs using crypto screener then if all Three×3 in 1 indicators gives main entry confirmation at the same time I go with the analysis then I find Support and Resistance zones  in 3x entry timeframe also using one of the three indicators for backing up my analysis and filter bad signals then I also make trendlines using two of the 3 indicators in 3x entry timeframe for filter out more bad signals then again using one of the 3in1 indicators I filter fake breakout in entry timeframe and in higher time frame and then if other minor conditions is  confirmed the analysis is done. Take Profit: Take profit is A/B/C Zone point Take profit is dynamic/trailing stop loss/take profit Stoploss: Stoploss is above/below the D Zone point / danger line Trading and investment in the financial markets always involves high risk, So In order to succeed using our signals make sure you have learned the essential skills for money and risk management To SUPPORT this channel, please press the LIKE button, COMMENT and Share with your friends
Short
by TrueUrBoss
SNXUSDT Long-Setup +233% GAINS 🚀Hi Traders, Investors and Speculators Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 Here's a long setup bullish idea on SNXUSDT. I have been bullish on this altcoin for months now and have already taken 30% profit, however I have my eye on the pie 🤑 and believe that +230% is a modest increase compared to the first parabolic run on SNX which went up a whopping +1100 % . Interested in XRP ? Check out this idea on XRPUSDT : Have a great weekend 🥂 _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by Crypto-Check-
13