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SNX

SNX/ETH : Make it or break it!Chart is fairly straight-forward. I rounded up the S&R values to make it easier to reason about. So, what are we looking at? SNX has been in a steady downtrend vs ETH ever since March 2021. We can see somewhat of a fractal forming between the bottoming structure back in Feb-June 2020 and May-present. One important difference, of course, during the previous bull run, SNX was bouncing from the 90-day EMA on daily, whereas now it's acting as resistance. Imo, SNX needs to break up by mid October as triangles usually are less likely to break out favourably the closer they are to the apex. What is the course of action? If you're a more cautious trader, you may want to wait for the diagonal resistance to break to the upside. SNX can be quite explosive, therefore be ready to buy the retest if one is given. For the more aggressive type, it may be time to get yourself into a position with a stop just under 0.003 (-10%) or 0.0028 (-16.5%) and wait for the breakout. This is a risky trade any way you look at it. Downside is considerable at -50% to the first proper support at 0.0015 ETH, not considering the USD devaluation that comes with it. Similarly, USD gains are expected higher. Keep that in mind. Targets TP1: 0.0064 (+91%) TP2: 0.017025 (+220%) TP3: 0.015 (+347%) Best of luck! PS: This is not financial advice.
by SenhorCoconut
SNXUSDT Technical Analysis ⏳ Spot 💎 SNXUSDT has broken above the Symmetrical Triangle with several large green candles. There is a chance that the price goes lower for a pullback before it heads up and reaches the targets. 🏁 Short & Medium Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at market or 13.580 ☕️ TP1 16.150 🍺 TP2 18.600 🍻 TP3 21.000 🍾 TP4 ______ 🍷 TP5 ______ 🍸 TP6 ______ 🍹 TP7 ______ 🎁 TP8 ______ 🚫 SL 12.000 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a Profitable Day
Long
by Fibonacci-Signals
4
SNXUSDT TECHNICAL ANALYSIS Already made over 10% in eight hours And we got the some signals from our Robo advisor @EngineeringRobo. The candles are already break down down trend line and come out from the triangle and it was the opportunity for us to buy. Moving average strategies right now change the direction as well and it may another signal for us to buy too. Candle keep going stay above the uptrend line, we may earn some thing as well. Let’s follow our chat closely. “ANfa”
by ABSTOCKER
SNX Major Bullish Divergence!!!SNX Vs ETH has been building major bullish divergence on the 1 day, 2 day, 3 day and the 1 weekly. In this chart we are looking at the bigger time frame on the weekly. The divergence is strong and should start moving very soon. My previous chart shows more profit taking zones. The link to this chart below, click to check it out. This trade is low risk with a potential of 10x on your ETH. When you pull profits is up to you. Risk management is all we do with charts.
SLong
by WeAreSat0shi
SNX VS ETHHere in the chart we have Synthetix against the Etherium Price. As we can see SNX has paid a lot of respect to the 30000 level of Etherium. a hold there has 3x to the 90000 Eth level. If a move above 96000 comes and holds it as support another 3x is then possible at approximately 36000 Eth. If a close below the 30000 Eth level on a monthly chart happens, then a move to 12000 Eth is likely and the next big buy point. I don't expect this but there are no guaranties in investing. The indicators are also showing a bottoming signs and reversal to come. Trading assets for assets is victories to success.
Long
by WeAreSat0shi
SNX sugar....SNX is another coin that has not pumped in the recently rally, we think the bullishness for the entire crypto space will spread like wild fire and it's only a matter of time it reaches the SNX camp. BULL CASE Price may find immediate rally from, blast past it and find consolidation well above the 200MA near the $20 levels. BEAR CASE In the event price dumps from here, we think the immediate support at 11.2 will hold and it rallies into the bullish Q4 of 2021.
SLong
by IkanBilisCapital