✳️Synthetix Network/USDT (1/11) #SNX $SNX #SNXUSDT

Updated
After breaking the Descending Triangle pattern, SNX is now heading to the 1.5$ zone. However, there is likely to be a significant buying force in the 2.5-2.75$ zone and we can believe in for target 3.5$.
If the 1D candle closes above the 3.5-3.75$ zone, the SNX easily rises to the 5$ zone.

📈BUY- LONG Strategy
- Buy: 2.5-2.75$. Stoploss if B
📉SELL-SHORT Strategy
- Sell: 3.5-3.75$. Stoploss if A
- Sell: 5-5.25$. Stoploss if A
♻️BACK-UP Plan
- Sell close to 2.75-3$. Stoploss if A
- Buy: 2.5-2.75$. Stoploss if B

❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Note
✅RESULT
- 33% PROFIT with spot
- 165% PROFIT with 5x leverage
- 330% PROFIT with 10x leverage

📈BUY- LONG Strategy
- Buy: 2.5-2.75$. Stoploss if B 👉✅33% PROFIT

📉SELL-SHORT Strategy
- Sell: 3.5-3.75$. Stoploss if A 👉☕️STANDBY
- Sell: 5-5.25$. Stoploss if A 👉☕️STANDBY

♻️BACK-UP Plan
- Sell close to 2.75-3$. Stoploss if A 👉☕️STANDBY
Note
#SNX SNX #SNXUSDT hit our first target and then move down. Gave us a lot of profit!

✅RESULT
- 50% PROFIT with spot
- 250% PROFIT with 5x leverage
- 500% PROFIT with 10x leverage

📈BUY- LONG Strategy
- Buy: 2.5-2.75$. Stoploss if B 👉✅50% PROFIT

📉SELL-SHORT Strategy
- Sell: 3.5-3.75$. Stoploss if A 👉📡WAIT FOR CONFIRMATION
- Sell: 5-5.25$. Stoploss if A 👉☕️STANDBY

♻️BACK-UP Plan
- Sell close to 2.75-3$. Stoploss if A 👉☕️STANDBY
Note
#SNX SNX nearly finished our plan perfectly :)

✅RESULT
👉100% PROFIT with spot
👉500% PROFIT with 5x leverage
👉1000% PROFIT with 10x leverage

📈BUY- LONG
-Buy: 2.5-2.75$. Stoploss if B 👉✅100% PROFIT

📉SELL-SHORT
-Sell: 3.5-3.75$. Stoploss if A 👉❌CANCELLED
-Sell: 5-5.25$. Stoploss if A 👉☕️STANDBY

♻️BACK-UP
-Sell close to 2.75-3$. Stoploss if A 👉☕️STANDBY
Chart PatternscryptostationFundamental AnalysisSNXSNXUSDSNXUSDTSNXUSDTPERPsynthetixnetworktokenTrend Analysis

Disclaimer