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SNX / TetherUS

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SNXUSDT trade ideas

SNXUSDTHello to all dear traders, I hope you always hunt for big profits. DISCLAIMER: This is not financial advice! This is an opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. everyone should buy and sell according to their own strategy. Everything you need to know is outlined in the chart and keep in mind that we are moving forward with probabilities and the analysis may be wrong so take capital management seriously.
by Bibres2003
The time to buy SNX is almost nowAfter a year long downtrend snx is starting to show signs of a reversal. The price has been respecting the downwards channel and has been unable to break its resistance line. But.. it looks like it might be starting to wake up. We have had a bounce again from a strong area of support and the price has made a higher low. I suspect we might be starting to form a new upwards channel as indicated by the black lines, break of the old downwards channel would be confirmation. For an aggressive entry daily close above the 200ema with a bullish candle with some volume would be required. Otherwise wait for a break of the downwards channel. I will be entering in both places and looking for at least a 2x before selling. Breakout on this could be very decent given how long its been consolidating and how the OBV has been going upwards in the meantime.
Long
by OneAutumnLeaf
3
It’s going to get interesting very SOONThis chart looks really good to me: After reaching the all time high, price made some lower highs and as it was unable to creat a new higher high it dropped heavily and the market sentiment changed from bullish to bearish. The last bullish correction got rejected and retreated to the 618 fibonacci level, And we are currently trading above this level. We are holding well and the accumulation phase is lasting for about 2 months now. I think $SNX is ready to start a new bullish trend and it will happen this week. First target should be around $14 and I will wait and see the reaction of the market after that. Stay tuned and follow me on tradingview to get notified of the next step. Cryptosep ;)
Long
by CryptoSep