SNX has formed a large rounded pattern with two smaller rounded formations Price will likely breakout and continue upwards within the parallel lines, forming a channel. Or it may just explode to the upside and create new highs Rounded formations / tops almost always result in large bullish movements, and we have three of them !
Synthetics (SNX) has shown the most strength off the recent lows out of almost any other DeFi charts we can find - Big volume coming in after a tag of weekly support - Confirmed bullish market structure on the daily - Pull back into the local reload zone, completing the Wyckoff Check of the breakout point Whatever Bitcoin decides to do here... This is a setup...
Hello, traders! The price of SNX is at the upper bound of the range of $5.44 - $8.34, which was the beginning of the previous business cycle. Therefore, in this range, we can expect the beginning of a new one. The price range of $5.44 - $6.55 will be [ptimal for the purchases, where you can get a more favorable entry point for a long-term deal. Stop-loss...
look on the week candle how it bounced back up. 63% up !! despite all of the bearish corrections we got, it managed to go up again. we r looking for a weekly close above the first support. if first support were broken I will buy on the second one a small bag there. if we hadn't broke any support we will test $28 resistance straight way. DONT LEVERAGE OR OPEN...
📈#SNXUSDT ➡️Entry: 19.5$ 🎯Target 1: 27$ 🎯Target 2: 31.5$ 🎯Target 3: 40$
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 Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
great entry available into SNX price sitting just above a strong resistance trend line BTC chart is very young and has much room for growth
Similar situation to SUSHI: SNX / USDT is looking to break up from the descending channel. If it succeeds, the 1st target would be previous ath of $26. As always, we should be watching BTC and be careful. Happy trading everyone!
BINANCE:SNXUSDT Hello everyone 😃 SNX had a breakout from bearish trendline. Now MACD and Volatility are slightly bullish. Also SNX broke MA 100 on 12H TF ! In higher timeframes, we have a bullish crossover on MACD. Everything seems fine for now... Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good...
Waiting for indicators to change then ill talk price targets <3
Looking for various indicators in confluence to solidify confidence in SNX long term. Stop loss 18-19 dollars Target: set up various targets on the way up 25/30/40 Loading: ladder your position in slowly.. it's a long position and dependent on etherium movement Please ask any questions.
Added another cryptocurrency to my long-term portfolio. SNX is a cryptocurrency that powers the Synthetix protocol. Synthetix protocol enables trading synthetic assets on Ethereum. Synths are tokens that provide exposure to assets such as gold, Bitcoin, U.S. Dollars, TESLA, and AAPL within the Ethereum blockchain. RSI and MACD are showing signs that bulls are...
Look for an imminent correction to occur over the next several weeks/months followed by new highs. Potential reversal points highlighted on chart.
📈#SNXUSDT ➡️Entry: 20.300$ 🎯Target 1: 25.100$ 🎯Target 2: 28.200$ 🎯Target 3: 35$
SNX falling wedge forming and lead for another leg.