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SNXUSDT trade ideas

SNX/USDT: Bullish reversal on going?---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)------- SNX/USDT: Bullish reversal on going? Context - The Global Crypto market leads by BTC and ETH is still evolving within a bearish market configuration. Like the others digital assets SNX suffered about negative global market situation - SNX is expected to try to exit from the bearish channel or at least testing the upper part at 5,55 Market configuration - Graphical Elements : Graphical Resistance = 5,55 & 29 Graphical Support = 1,55 & 0,99 - Mathematical Indicators: EMA ( Exp Moving averages) are being reintegrated = bullish RSI indicator (below) is reintegrating 50% = Bullish - Elliot & Harmonic Wave (Fibonacci): Fibonacci Target (C) B is set at = 1,55 Fibonacci resistance of the wave in progress = 5,55 Fibonacci support of the wave (C) B(max extension) = 0,99 Fibonacci Bullish Target = 14,20 Conclusion Preferred case => Regarding the mid-term element,SNX is expecting to do a bullish reversal from the area we are now. we are bullish above 1,55 towwards 5,55 the upper part of the bearish channel and we expected then a bullish exit towards 14,20 Alternative cases => Breaking 1,55 a significant drop will open the door towards 0,99
Long
by JeanJean1983
SNX - Snaking into the rabbit wholeReasons to take short ⭐️ BTC is bearish ⭐️ Trend bearish ⭐️ Level is 13d old ⭐️ Level is visible on multiple timeframes ⭐️ Volume at top ⭐️ 4th touch ⭐️ Under VWAP We need more accumulation near the level before considering short. Instrument has to consolidate Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Short
by Artem_Dishel
1
[ALTCOIN] SNXUSDT TREND LINE ANALYSISHello, everyone We're a team that specializes in chart analysis We will always analyze and provide you with charts to help you sell There are so many trading laws and there are so many good technologies that come with them, but I'm confident that the trend line is really strong. If you read the point of view and get to know the line, every line will adjust Thank you. ------------------------------------------------------------------------------------------------ Chart Analysis Content - It is one of the coins that our team is watching. It is giving a lot of support in the deep yellow downward trend. It is a very reliable downward trend that has never been missed. This means that even if it falls, it only falls to this trend line. Currently, it is rising along the thick red upward trend, but there is a high possibility that it will reach the thick yellow downward trend once again. First of all, if you break through the blue sharp downward trend line, test it, and settle on the upper thick red upward trend line, it will be a stable sale.
by BIT_INVEST
SNX TA - maybe big trade opportunityI opened a Long just few days ago. Let's see what will happen 🚀. Just remember: Stick to your plan and have a good risk management 👍 And that's the main reasons I decided to take a long on SNX : ► Bounce from the previous support bottom of this triangle. ► Very very high risk reward ratio ► It's very oversold on the RSI But I am still neutral to this chart! ⚡Just to notice. We ar right now in a very volatile market phase in the crypto. Crazy and unpredictable things could happen. That's why you should use a stopp loss. ⚡ Disclaimer: DYOR. No financial advice. Just for your impression.
by CryptoPlough
2