SNX Technical Analysis in Weekly Timeframe
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Now, let’s dive into this chart analysis:
The chart shows a historical trend with significant volatility, indicating potential for substantial movement in both directions.
Currently, SNX is trading near its crucial support level at $1.50. A close below this support will likely pull the price toward the lower support at $0.731.
The chart is likely to get invalidated for the bullish outlook if breached.
The projected upside target of $28.935 suggests a massive potential gain if the price action reverses and gains momentum.
An 18x gain isn't gonna be an easy task for SNX.
Key levels:
- Crucial Support: $1.50.
- Lower Support: $0.731.
- Target: $28.93.
- Invalidation Point: A close below the lower support.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
The chart shows a historical trend with significant volatility, indicating potential for substantial movement in both directions.
Currently, SNX is trading near its crucial support level at $1.50. A close below this support will likely pull the price toward the lower support at $0.731.
The chart is likely to get invalidated for the bullish outlook if breached.
The projected upside target of $28.935 suggests a massive potential gain if the price action reverses and gains momentum.
An 18x gain isn't gonna be an easy task for SNX.
Key levels:
- Crucial Support: $1.50.
- Lower Support: $0.731.
- Target: $28.93.
- Invalidation Point: A close below the lower support.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
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Daily Signals:- telegram.me/thecryptorphic
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
MEXC : bit.ly/get9100usdt
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
MEXC : bit.ly/get9100usdt
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.