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SNXUSDT trade ideas

Is SNXUSDT About to Make a Big Move? Yello, Paradisers! SNXUSDT has shown an ideal retracement, setting up a high probability for a bullish bounce from the current support zone. 💎There’s potential for a W-pattern formation here. If the price successfully breaks out and closes candle above the resistance level, this would significantly increase the likelihood of a bullish continuation. 💎However, while a bullish move is possible, the probability at this stage is relatively low, making it a scenario worth watching but not acting on just yet. 💎If panic selling or a deeper retracement occurs, the strong support zone below may offer a favorable bounce. To increase confidence in this setup, we need to see a bullish I-CHoCH (internal change of character) on lower timeframes. 💎On the flip side, if SNXUSDT breaks down and closes candle below the strong support zone, the bullish thesis will be invalidated. In that case, it’s best to remain patient and wait for more favorable price action to develop. 🎖Always remember, Paradisers, discipline and patience are the keys to consistent profitability. Avoid making emotional decisions and stick to your strategy. The market rewards the patient! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
3
SNXUSDT UPDATESNXUSDT is a cryptocurrency trading at $1.865. Its target price is $3.000, indicating a potential 60%+ gain. The pattern is a Bullish Falling Wedge, a reversal pattern signaling a trend change. This pattern suggests the downward trend may be ending. A breakout from the wedge could lead to a strong upward move. The Bullish Falling Wedge is a positive signal, indicating a potential price surge. Investors are optimistic about SNXUSDT's future performance. The current price may be a buying opportunity. Reaching the target price would result in significant returns. SNXUSDT is poised for a potential breakout and substantial gains.
Long
by CryptoWithJames
Good Opportunity to buy The chart look good if you want to enter with a good Risk Reward ratio. As you you can see, the yellow horizontal line represent the point of interest and we touched that line and had a reaction. Then if you look at the pattern from the 30min chart we see a fake out and a retest of the support. When you look at the USDT.D Chart we see a clean breakout of the bear support line and this morning we did a retest of that line. BTC.D seems to have made a lower High and is currently trending on the downside on the lower time frame. Final; you look at the chart I just posted; we see a CHOCH on the lower time frame, market likes to do that to grab some liquidity and fool trader. There you go, when you get many confirmations like that you set it and forget it. if it fail when you can't be bothered cause you did you duty as a trader.
Long
by IJ016
SNXUSDT trading opportunitySNX/USDT is trading within a potential descending channel, with a dynamic trendline influencing the pace of the trend. The price has recently broken above the trendline and pulled back to retest it, aligning with the channel’s bottom boundary. The subsequent bounce suggests a strong bottom, indicating the potential for further upward movement, likely testing the channel's upper boundary. The plain is to re-accumulate within the buy-back zone and target the mid-term resistance level for profit-taking. Feedback on this setup is welcome to refine the analysis further.
by weslad
SNX LongThe Accumulation Phase (2023-2024) is marked on the chart, showing a period of consolidation where price moves within a range. This phase indicates that buyers and sellers are reaching equilibrium, setting up a strong foundation for future price movement. The Demand Zone (2025) is represented by the blue dashed area, a key level of support where price could experience a bounce. This zone is crucial as it could offer an entry point for long trades before a potential breakout. The chart projects a Bullish Breakout (2025 and beyond) , where the price is expected to rise significantly after the accumulation phase. Potential Target: The price is projected to rise significantly after the breakout, potentially reaching targets as high as $16 based on the breakout from the demand zone. Overall Outlook: The chart suggests a well-planned accumulation phase with a likely bullish breakout in 2025. Keep an eye on the demand area for potential entries and watch for upward momentum as price breaks above key resistance levels.
Long
by SerenityEquity