SNXPERP trade ideas
$SNXUSD SWINGWe're finally breaking out (and backtested) the downtrend + came down to kiss the golden pocket. Profits taken from this trade will be left in the coin for longer term exposure.
Synthetix is a decentralized finance (DeFi) protocol that provides on-chain exposure to a wide variety of crypto and non-crypto assets. The protocol is based on the Ethereum (ETH) blockchain and offers users access to highly liquid synthetic assets (synths). Synths track and provide returns on the underlying asset without requiring one to directly hold the asset.
The platform aims to broaden the cryptocurrency space by introducing non-blockchain assets, providing access to a more robust financial market.
Synthetix provides you with exposure to a wide array of both crypto and non-crypto assets in a decentralized, permissionless, and censorship-resistant way, enabling you to participate in the DeFi ecosystem despite not holding those assets. Likewise, it has taken a leading role in bringing derivatives to the crypto market, further advancing the maturity of the ecosystem.
snxSNX is on a tear at the moment and looks like it will be time to take some profit at around $0.25
SNXUSDSYNTHETIX cant say im not annoyed with price action all around. dont sell guys plz. its okay we will make it and get through it together
SNX Update: Next 2-3 months VERY bullish!Everything is on the chart! Synthetix is on the verge of exploding higher (7-8x opportunity in the coming months!!). On the chart, Stochastic RSI crossed bullish in just a few days ago on the WEEKLY CHART and there's no turning back till another few more months. Last time we had a cross, we 12x! RSI is clearly oversold on the weekly! NEVER TRADE BLINDLY. USE MULTIPLE INDICATORS TO MAKE CALCULATED DECISIONS. TRADE WITH NO EMOTIONS!!
CHARTS DON'T LIE!! Small/Mid size Corrections will happen on this journey to $140+ in the next couple of months! Once target is met, a HUGE CORRECTION (maybe 70% dip) will occur. Take profit and buy again for the REAL bull run to begin! Target is at a Fib target of around $500 - 1000!!
Total Supply: 215 Million!
Market Cap: $2.1 Billion! (HIGHLY UNDERVALUED!)
DEFI IS THE FUTURE!
Check out the Altcoin season chart below (Crypto Total Market Cap Excluding BTC ). We are on the verge of another altcoin super cycle
Altcoin Season is just getting started!! BULLISH CROSS on weekly!
Bitcoin dominance will die down and Altcoins will take over!! Whales/bots/institutions will be moving their Bitcoin ( BTC ) into the Altcoins, meaning Altcoin Season is just getting started.
Money flows like this:
FIAT > BITCOIN > LARGE MARKET CAP COINS > MIDDLE MARKET CAP COINS > SMALL MARKET CAP COINS > back to FIAT, and the cycle starts again.
I have moved majority of my BTC and diverse them into different altcoin positions. (ETH, HBAR, GRT , XLM , XRP, NEO, SNX , BNT, BCH, ADA, LTC, BTMX, LINK, FORTH, and NKN are the some of the altcoins I am moving BTC too).
Get ready to have an explosive Altcoin season just like what happen in the 2017 bull market. Once my sell indicators hit, I will be selling my positions to buy real estate, a lambo ;) , and moving the rest to Ethereum to Stake it!
Good Luck!
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch
SNX consolidating for the last 67 daysSNX has retraced almost 50% from its all time high. The SNX/BTC chart looks to be bottoming. Falling wedge pattern is very bullish. Hopefully BTC keeps up its end of the bargain.
SNX update! (Bullish Stoch Cross is imminent in coming weeks!)DEFI is the future!! Not financial advice, but this is a 8-9x move coming. Make $1000 investment into $8000 in a few months...
SNX is about to have a Stochastic RSI Cross on the weekly! Last time we crossed, we increased 1000%. We can see SNX have an explosive month. Market Cap is at $1.9 Billion. The lower the market cap, the higher the return! Expect to see huge spike in SNX in the coming weeks!
Altcoin season is here and in order to follow the trend, we must first follow Ethereum's move since it is the king of altcoins.
Check out the Altcoin season chart below (Crypto Total Market Cap Excluding BTC ). We are on the verge of another altcoin super cycle
Altcoin Season is just getting started!! BULLISH CROSS on weeky!
Bitcoin dominance will die down and Altcoins will take over!! Whales/bots/institutions will be moving their Bitcoin ( BTC ) into the Altcoins, meaning Altcoin Season is just getting started.
Money flows like this:
FIAT > BITCOIN > LARGE MARKET CAP COINS > MIDDLE MARKET CAP COINS > SMALL MARKET CAP COINS > back to FIAT, and the cycle starts again.
I have moved majority of my BTC and diverse them into different altcoin positions. (ETH, HBAR, GRT , XLM , XRP, NEO, SNX , BNT, BCH, ADA, LTC, NU, LINK, and ALGO are the some of the altcoins I am moving BTC too).
Get ready to have an explosive Altcoin season just like what happen in the 2017 bull market. Once my sell indicators hit, I will be selling my positions to buy real estate, a lambo ;) , and moving the rest to Ethereum to Stake it!
Good Luck!
Be fearful when others are greedy, and greedy when others are fearful! - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch
BIG Rising wedge on SNXHopefully we hold this line and create a bullish divergence on the daily RSI.
SNX just had a BULLISH Stoch RSI cross! Target: $150-160!!DEFI is the future!! Not financia advice, but this is a 7-8x gain. Make $1000 investment into $7000 in a few months...
SNX is had a Stochastic RSI Cross on the weekly! Last time we crossed, we increased 1000%. We can see SNX have an explosive month. Market Cap is at $741,000,000. The lower the market cap, the higher the return! Expect to see huge spike in Nano this Month!
Altcoin season is here and in order to follow the trend, we must first follow Ethereum's move since it is the king of altcoins.
Check out the Altcoin season chart below (Crypto Total Market Cap Excluding BTC ). We are on the verge of another altcoin super cycle
Altcoin Season is just getting started!! BULLISH CROSS on weekly!
Bitcoin dominance will die down and Altcoins will take over!! Whales/bots/institutions will be moving their Bitcoin ( BTC ) into the Altcoins, meaning Altcoin Season is just getting started.
Money flows like this:
FIAT > BITCOIN > LARGE MARKET CAP COINS > MIDDLE MARKET CAP COINS > SMALL MARKET CAP COINS > back to FIAT, and the cycle starts again.
I have moved majority of my BTC and diverse them into different altcoin positions. (ETH, HBAR, GRT , XLM , XRP, NEO, SNX , BNT, BCH, ADA, LTC, NU, LINK, ICX, NANO, and ALGO are the some of the altcoins I am moving BTC too).
Get ready to have an explosive Altcoin season just like what happen in the 2017 bull market. Once my sell indicators hit, I will be selling my positions to buy real estate, a lambo ;) , and moving the rest to Ethereum to Stake it!
Good Luck!
Be fearful when others are greedy, and greedy when others are fearful! - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch
SNX is going! +25% pump NOW!Quick SNX UPDATE: SNX broke key resistance and is taking off to the moon; +25%!
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
SNX Breaking Out Hello Community,
According to this 4-hour chart, it just broke out the resistance and wedge with enough volume.
This ascending channel beginning March 25 gives SNX multiple supports and now it breaks this strong channel.
This momentum will moon us to probably $25 and ATH soon! As always, let's gooooo
(Not Financial Advise, and always have your own mind)
SNX is about to go Parabolic!! Target: $120We just had a Stochastic RSI Bullish cross!! Target: $120. Easy 6x! Moving the profit back into Ethereum!
Altcoin season is here and in order to follow the trend, we must first follow Ethereum's move since it is the king of altcoins.
Check out the Altcoin season chart below (Crypto Total Market Cap Excluding BTC ). We are on the verge of another altcoin super cycle
Altcoin Season is just getting started!! BULLISH CROSS on weekly!
Bitcoin dominance will die down and Altcoins will take over!! Whales/bots/institutions will be moving their Bitcoin ( BTC ) into the Altcoins, meaning Altcoin Season is just getting started.
Money flows like this:
FIAT > BITCOIN > LARGE MARKET CAP COINS > MIDDLE MARKET CAP COINS > SMALL MARKET CAP COINS > back to FIAT, and the cycle starts again.
I have moved majority of my BTC and diverse them into different altcoin positions. (ETH, HBAR, GRT , XLM , XRP, NEO, SNX , BNT, BCH, ADA, LTC, NU, LINK, and ALGO are the some of the altcoins I am moving BTC too).
Get ready to have an explosive Altcoin season just like what happen in the 2017 bull market. Once my sell indicators hit, I will be selling my positions to buy real estate, a lambo ;) , and moving the rest to Ethereum to Stake it!
Good Luck!
Be fearful when others are greedy, and greedy when others are fearful! - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
