SNX/USDT: Accumulation zone!As shown on chart SNX is trading near its confluence area, and forming a rounded bottom structure on daily time frame signifying the upside potential is good for the coin.
I'd say its good time to accumulate, if market will provide good liquidity this coin has further more potential.
Key levels mentioned on chart
SNXUSDT trade ideas
Synthetix SNXUSDT Weekly Chart possible breakout SNX has been making great moves lately (attempting to invalidate the resistance line that keeps hanging around its neck, and SNX's introduction of synthetic gold and silver can be a game changer, might be slow, but this is in demand for sure. Follow it and see if a massive breakout is in store!
snx, hopefully a bounce is immanent, Took a trade here yesterday, we are back at the buy zone after hitting tp1. Still looking good for a bounce here, had a good bounce from the year open and now bouncing on the daily. The main tp target is the Monthly open and leaving about 15-20% to ride higher to Q3 open if we get there.
Synthetix (SNX) formd bullish Gartley for upto 15% pumpHi dear friends, hope you are well and welcome to the new update on Synthetix ( SNX ) token.
On a 2-hr time frame, SNX has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
SNX.Usdt (Y22.P1.E2). Accumulation zone Hi All,
#SNX #Synthetix
Based on the Wyckoff approach, we are close to breaking this complex range, much like BTC.
But we also have many conflicting signals that we can have a smaller rally so we need to take each level at a time and have your Stops strategically located.
All the best,
S.SAri
PS. Rumours about Optimism giving a drop for SNX holders.
SNX SUITED FOR AN OVER 300% PUMPwww.tradingview.com
SNS has consolidated to its original support and resistance trendline since Dec 2020, historical analysis suggest that a break out of this pattern will lead to a pump in price per SNX to around the $30 area. The current price if snx is 6.134. a pump to $30 will give and over 400% profits.IT MIGHT AS WELL PUMP TO $60 WE NEVER KNOW
SNX - Weekly - "ABC Correctional Wave Complete"Click Here🖱️ and scroll down👇 for the technicals, fundamentals and more behind this trade!!!
________________________________________________________
________________________________________________________
🛑Disclaimer: My mission is to provide traders with the most realistic perspective. Sugar-coated analysis is not welcomed here🛑
==================================================================================
.................................................✋NFA👍.........................................................
==================================================================================
➡️Technical Standpoint⬅️
1.) Seems we have completed the ABC correctional wave structure.
2.) This is further confirmed by market makers calling for a reversal on 2/22 and 3/14.
3.) SNX may aim at the $9.50 range, and possibly an over-extension to $14 - $15 range.
➡️Fundamental Standpoint⬅️
1.) Later this week, $SOL, $AVAX, $MATIC, $AAVE, $UNI $GOLD, $SILVER, and $EUR will be listed with 10x leverage.
➡️Current Season⬅️
- Transitioning from bear season, to BTC and large market caps season (awaiting confirmation)
=================================
....🎉🎉🎉Before You Go🎉🎉🎉…..
=================================
Leave a like👍 and/or comment💬.
We appreciate and value everyone's feedback.
""Keeping it short and sweet as always""
- assetsandcoffee📈☕
=================================
..📚Indicator Legacy/Definition(s)📖..
=================================
✨ Moving Averages(MA):
✨ TD Sequential (TDS): tradetrekker.wordpress.com
SNX.Usdt (Y22.P1.E1).Wyckoff SOS stageHi All,
#SNX #SYNTHETIX
Our group has been trading this on and off.
I wish I looked at it with the eyes of the wyckoff stages back then, to be more confident in the trade.
Have only spot trade now.
If you note how it aligns with the Wyckoff stages pretty well.
The targets are another discussion and we will cover that in our group.
Right now the DAILY RSI is over extended and it won't surprise me for a pullback soon.
Hence the ideal area to by is as shows.
All the best,
S.SAri