Get started

SYN / TetherUS

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

SYNUSDT trade ideas

Is SYNUSDT About to Fake You Out? Key Levels to Watch Now!Yello, Paradisers! Is #SYNUSDT gearing up for a powerful rebound? Let's dive into the details. 💎#SYN is currently flashing a bullish signal with a successful breakout of a key resistance level, showing strong momentum. Right now, the price is testing a crucial support area—previously resistance—around the golden Fibonacci level of 0.618. This is a significant buyer's zone, suggesting a potential upward move towards our target at the next strong resistance area. 💎However, there's a downside risk. If this breakout turns out to be a fakeout and SYN breaks below the support level, we could see the price revisiting the demand area. This would not be a good sign, as it could signal a reversal of the bullish trend. 💎In the worst-case scenario, if SYN breaks down below the support and fails to reclaim the 0.547 area, the bullish momentum would be invalidated, and we could see a further dip in price. As always, remember to stay disciplined and patient. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
SYN atypically chart Synapse price is trading in a different pattern than the most altcoin market. Similar with RAD Radicle and a few others. This means from a TA perspective that SYN may be lagging behind. Even though the tech behind Synapse is "new" - even newer technologies came up "better" Cosmos, Polkadot, and Avalanche are prominent examples of Layer-0 networks that currently use the relay/sidechain structure, while newcomers like LayerZero and zkLink represent the next progression of multichain interoperability. In the coming years, Layer-0 protocols have the potential to usher in a new wave of blockchain innovation by enabling the growth of multiple specialised Layer-1 blockchains that interoperate seamlessly. About: What Is Synapse (SYN)? Synapse (SYN) is an interoperability protocol designed for safely and securely sending arbitrary data between blockchains. Its users can transfer and swap their assets across many different chains, including layer 1, layer 2 and sidechain ecosystems. The project aims to improve inter-blockchain compatibility by helping its users move their assets between different networks more efficiently. In order to securely transfer its users' assets to and from different ecosystems, while maintaining slippage, liquidity pool balances, and transaction prices, Synapse uses a stableswap algorithm. The Synapse ecosystem is made up of six parts: the Synapse Bridge technology, the cross-chain AMM, aggregative cross-chain communication, the SYN token, the Synapse Chain, and optimistic security approaches. With Synapse’s generalized messaging system, any arbitrary data can be sent across chains in a secure and seamless way. Applications no longer have to be separately deployed across multiple blockchains; they can be deployed on a single chain and communicate with other chains to create the exact same user experience from one central application layer. Generic message passing also includes smart contract calls, enabling smart contracts on different chains to easily interoperate with one another. Synapse Bridge allows users to seamlessly swap on-chain assets across 15+ EVM and non-EVM blockchains in a safe and secure manner. The bridge supports two types of bridging: Canonical Token Bridging — bridging of wrapped assets across chains; Liquidity-based Bridging — bridging of native assets across cross-chain stableswap pools. Synapse Chain is an Ethereum-based optimistic rollup designed to serve as a sovereign execution environment for cross-chain use cases. Synapse Chain will offer developers a generalized smart contract interface for building natively cross-chain use cases by leveraging Synapse’s cross-chain messaging system. Applications built on Synapse Chain will be able to execute their business logic across any blockchain. Synapse supports multiple EVM-compatible blockchains and is integrated with nearly 18 layer-1 and layer-2 chains, including Ethereum, Optimism, Arbitrum, Harmony, Avalanche, Polygon, Moonbeam, Fantom and BNB Chain.
by blackriver85
SYN/USDT Breaks Downtrend: Bulls Eye $0.95 Next Target !The daily chart for SYN/USDT shows a significant breakout from a descending trendline that has been in place for several months. The pair recently surged, breaking through key resistance levels and signaling a potential shift in market sentiment from bearish to bullish. Currently, the price is hovering around $0.6729, just above the critical support level of $0.6000. The recent breakout above the descending trendline is a strong bullish signal, suggesting that the downtrend has ended, and a new upward trend may be starting. The next major resistance lies at $0.9500. If the bullish momentum continues and the price closes above $0.6000, we could see a strong push towards $0.9500, a key psychological level. Traders should watch for any retests of the $0.6000 support zone, as a successful hold above this level could confirm the breakout and further solidify the bullish outlook. However, failure to maintain this level could see a retracement back towards $0.4043.
Long
by TopGBanks
SYNUSDT Is a Major Move Imminent? Read On to Avoid Missing Out!Yello, Paradisers! Do you want to know if #SYNUSDT is about to skyrocket or plummet? Let’s dive into the latest analysis! 💎#SYN is currently testing a crucial demand area after successfully reclaiming the price above it. This is a promising sign, suggesting that the price might continue upward. If SYN can break above the CHoCH area at 0.815, we could see a trend reversal from bearish to bullish, probability hitting our strong resistance target. 💎However, if SYN fails to rebound and breaks down below the demand area at 0.582, it could be a bad sign. The price probability continue its downward trajectory towards the strong support zone around 0.51 - 0.48. 💎If SYN hits the strong support area and rebounds hard, the price may reverse upwards. For this upward movement to continue, SYN must reclaim the previous demand level of 0.582. Failure to do so could send SYN back to the strong support area, signaling potential trouble. 💎If the daily candle closes below the OB area, it invalidates the bullish outlook. This would increase the probability of SYN continuing its bearish movement and dipping further. Consistent profitability comes from following robust strategies and avoiding emotional decisions. Keep your eyes on these key levels, and trade smart! MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
SYN bearish movement to $0.80!Hi BINANCE:SYNUSDT SYN was in a descending triangle but now this pattern has been broken downward so we expect a bearish movement as much as the measured price movement (AB=CD).there is a strong support for SYN at $0.80 which was the point where the price started to Increase from the last dump! Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Short
by CobraVanguard
1
SYN/USDT Bounce from the support, Indicating continue the upward💎 SYN has recently demonstrated significant market dynamics. After a notable bounce from the support area, there's potential for the price to resume its upward movement and retest our target strong resistance area. 💎 However, if SYN returns to test the support again and fails to bounce, this could be a concerning sign. 💎 A failure to bounce might indicate weakness, potentially leading to a breakdown below the support level. 💎 In such a scenario, SYN could see further downward movement, with the next support level likely around 0.587.
by MyCryptoParadise
1
SYN/USDT Ready for its Bullish Momentum? SYN Analysis💎Paradisers, let's delve into #SYNUSDT, as it shows signs of a pivotal breakout from its descending channel pattern. 💎Currently, #SYN is making strides toward the descending resistance, transitioning from what was once a supply zone into a demand zone. This shift presents a chance for the price to spring from this area, potentially initiating an upward journey with the bearish Order Block (OB) as its next milestone. 💎Yet, if LSE:SYN struggles to rally and instead slips below the demand zone, we might witness a fallback to the Bullish OB territory around the $0.682 mark, where it could regroup and attempt another ascent. 💎The Bullish OB region has historically been a catalyst for significant market rebounds upon engagement. Nonetheless, a failure to sustain this zone could signify a bearish trend, compelling the price to carve a new path from a diminished base. 💎In case SYN doesn't leverage momentum from this or any subsequent level, a continued decline might be on the horizon. Fear not, as your ParadiseTeam is on the lookout, ready to navigate you through these fluctuating market waters.
Long
by MyCryptoParadise_Simon
SYN/USDT Need to break the resistance or reject continue down!💎 SYN has recently witnessed significant developments in the market. SYN faced a formidable obstacle in the form of a hard rejection after reaching the Bearish OB area. 💎 Its current stance suggests an intention to retest the resistance level. Success in reclaiming the price above this resistance could trigger an attempt to break out of the Bearish OB area. Furthermore, a successful breakout could probability facilitate an easier path for SYN to reach our target in the strong supply area. 💎 However, should SYN encounter resistance at the 0.765 level and fail to breach it, the price may continue its downward trajectory, possibly reaching the demand area. It's noteworthy that SYN has bounced off this area successfully on two previous occasions in its trading history. 💎 If SYN, while at the demand area, struggles to maintain its position and experiences a breakdown, this could signal a return to bearish sentiment and potentially result in further downward movement.
by MyCryptoParadise
1
SYN/USDT Perfectly break out the Bullish Pennant pattern.💎 SYN has been drawing considerable interest in the market. Presently, it's observed breaking out of a Bullish Pennant pattern. A closer look at the NYSE:H TF shows that SYN is undergoing a retesting phase at the trendline. This phase is pivotal, as it sets the stage for a probability continuation of the upward movement, with the next target being the bearish OB area. 💎 In the demand zone, it's crucial for SYN to demonstrate a strong rebound. If it merely consolidates without making a significant bounce, there's a risk that SYN could lose this key area. Such a development would potentially lead to a downward trajectory, bringing SYN back towards a substantial support area. 💎 It’s essential for Paradisers to closely monitor these developments, as SYN's response to this retesting phase will be critical in determining its future market direction.
by MyCryptoParadise