SNX PUMPED 13% FROM MARKED DEMAND ZONE.SNX did very well, in previous idea I shared snx trade idea in demand zone. Price came into that demand zone, exactly entry filled and 13% profit done.
SNX
SNX buy setupSNX seems to be getting ready to move to the supply side.
A bullish CH and hitting higher bottoms is a bullish sign that we have on the chart.
The target is supply
Closing a daily candle below the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
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$SNX to $13-$25NYSE:SNX looks like it's about to make a big move higher.
Price broke out from the bottom, tested $4.73 multiple times and now has retested the breakout level as support. It looks set to move higher here.
Should price break above the $4.73 level, there's pretty clear skies until $13. If price can break over that $13 resistance, then the next level higher would be $25.
Overall a beautiful chart.
SNX: Buying Opportunity at $2.40, Potential for Price to Double$2.40 to $2.50 is a good entry point for traders and investors, with a predicted price target of $4.60, representing a significant upside of nearly 92%.
SNXUSD 1WSNX ~ 1W
#SNX Return to the accumulation zone. It is very interesting to start buying again in this Support zone. long term target of at least 25%+
seems like snx getting ready for another higher high snx corrected with whole crypto market over all in uptrend and seems like correction has already completed and now forming falling wedge chart pattern
incase of successful breakout expecting trend continuation expecting new higher high expecting move towards 5$ incase of successful breakout
DCA on SNXI just took a position on SNX, great potential. I will accumulate in the DCA zone if the correction is stronger, no worries.
Potentially a cup and handle formation taking shape, to be confirmed.
#SNX#SNX
The price is moving in an upward trend on a 4-hour frame, and the price is about to bounce back higher
We have a Resin support area at $4.34
We have a downtrend on the RSI indicator that is about to touch it again
We have a higher stability moving average of 100
Entry price 4.34
The first target is 4.65
Second goal 4.91
Third goal 5.17
SNXUSD 1WSNX ~ 1W 📈
#SNX Successfully exit the Accumulation zone, Make purchases gradually from here with a minimum target of 20%+
$SNX typical market cycle (psychology)Pretty clean chart for $SNX.
- years of wyckoff accumulation
- higher lows
- riding weekly MAs
in my opinion it appears to be a typical market cycle progressing within the defi space. it's kind of doing its own thing while retail speculates on other coins. This is one of those set it and forget it type of charts. Looks like it wants to break out in the coming months. I recommend more of a position trader mindset.
invalidation under 3 bucks (if it decides to turn back over).
doesn't hurt to give this one a chance.
will you take it?
Synthetix (SNX) Primed for Bullish Surge After Decisive BreakoutFollowing a period of consolidation, SNX decisively broke above its established support at $3.00. This bullish move comes after several attempts by sellers to push the price lower, all of which were met by strong buying pressure. This sustained buying pressure suggests a significant shift in sentiment among investors, who are now turning increasingly bullish on SNX.
The first major resistance level for SNX at $7.40. A successful reclaim of this level would provide further confirmation of the bullish trend and could pave the way for a continued ascent toward the second resistance level at $13.80.
Key Levels to Watch:
Resistance 1: $7.40
Resistance 2: $13.80
Support: $3.00
🚀 SNX: A Crypto Marvel Unveils Its Potential! 🌐💎Greetings Crypto Enthusiasts! 👋
SNX, a true gem in the crypto cosmos, shines brightly with a market cap of 958M.
📊 SNX Essentials:
Market Cap: 958M
Circulation Supply: 304,391,280 SNX
Total Supply: 328,193,104 SNX
TVL : 647M
⚖️ Chart Analysis:
Accumulation Unfolding: Witness the grand accumulation depicted by the dark green rectangle and a smaller, already conquered one (light green rectangle). A potential retest might linger until the yellow trend line. Brace for the skyward journey upon the breakout from the larger accumulation.
⚡️ Trading Strategy:
Timing is Everything: Recognize the market's correction mood. This is a weekly chart, demanding a patient stance – could be a day, could be months.
Strategic Alerts: Set alarms at 2.61 - 2.00 - 1.45. Distribute your SNX funds into thirds, ready for action at these levels.
📈 Optimistic Outlook:
While the current level may signal a reversal, patience is key. Hold off on buying here. Anticipate reaching the upper red level, with a realistic mindset.
Golden Rules:
DCA Always: A timeless strategy in crypto.
DYOR (Do Your Own Research): Knowledge is paramount.
No All-In: Navigate wisely; avoid going all in.
🚨 Disclaimer:
This isn't financial advice but a friendly guide for strategic crypto exploration.
Wishing you the best on your SNX adventure! 🚀🌟💰
SNX/USDT upward momentum? 👀 Synthetix Today Analysis💎Paradisers, zoom in on #SNXUSDT, as it's showing clear signs of an impending major move from a critical demand level.
💎#Synthetix is currently on an upward swing, hinting at a bullish continuation. It's been tracking a descending channel pattern, consistently respecting the channel's resistance. We're anticipating a retest at the demand level of $3.091, which could set the stage for a continued upward momentum. A successful hold above this level for #SNX might open the path to a significant resistance zone at $4.769.
💎 However, should #SNX encounter obstacles in maintaining its position above the $3.091 threshold, a strategic recalibration may be required. In such a scenario, we would consider shifting our focus to a bullish ascent from a secondary demand level at $2.709.
💎 Monitoring this level is essential, as failing to sustain it could indicate a shift towards a more bearish trend in the #SNX market.
SNX/USDT in a Position for Exponential Rally? 👀🚀SNX Analysis💎Paradisers, gear up for a thrilling ride with #SNXUSDT! It's currently spotlighting a support zone, suggesting a bright bullish trajectory lies ahead.
💎Lately, tracing an ascending channel, #Synthetix is on a climb. Now, it's amassing momentum for a bullish leap from the $3.86 support zone, with ambitions to breach key resistance barriers.
💎If the bullish fervor persists, we foresee NYSE:SNX taking on the $4.9 resistance zone. Breaking through this barrier may set the stage for tackling even loftier resistance tiers.
💎Conversely, if #SNX meets resistance and momentum wanes, a bullish revival from the $3.05 support level could become pivotal. Dropping below this threshold might usher in a significant downturn.
SNX has formed a bullish flagSNX has formed a bullish flag
🔵Entry Zone 4.476 - 4.605
🔴SL 4.233
🟢TP1 5.158
🟢TP2 6.078
🟢TP3 8.018
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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#SNX/USDT SPOT LONG ENTRY#SNX/USDT SPOT LONG ENTRY
Leverage: 3x
Entries: $4.425
Take profit 1: $7.292
Take profit 2: $15.066
Take profit 3: $50.929
Stop Loss: $2.733
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
BINANCE:SNXUSDT
Thanks
The sroced.
Synthetix #SNX can recover to $14 inv H&SNeckline is @ $4.43
another 70 cents or so
We obviously don't how these coins will react at these necklines
if they are met with resistance
breakout strongly only to come back down and retest the neckline
But this should give holders hope for double digit prices --- at some point
Best of Luck
Time for the OG is nearing SNX!Long term downtrend and accumulation range
Looks ready to pop
Could be volatility and still a few weeks waiting
If crypto really is the next tech bubble then SNX going to be in the future magnificent 7 for sure
Ascending triangle forming
Bump and run breakout
Right on Long term support
NFA
Good R:R
finally snx breaking out seems like preparing for some solid gains in coming weeks
symmetrical triangle breakout has already confirmed testing horizontal resistance once both got cleared can start recovery
incase of successful breakout of horizontal resistance expecting 300% bullish rally in midterm
SNX/USDT Bullish move from Key Support? 🚀 Synthetix💎 Paradisers, brace yourselves for a promising trading moment with #SNXUSDT, as it's strategically placed at a crucial support zone, signaling a potential bullish shift.
💎 Delving into #Synthetix path, it's on an upward trajectory from the significant support mark of $3.530. Holding steady at this level suggests a high chance for a bullish breakout. Keep an eye on the immediate target, the resistance at $3.713, where surpassing it could steer the price towards $4.438.
💎 Should the momentum for #SNX begin to fade, we're poised for a bullish comeback from the solid foundation at $3.364. Yet, dropping below this critical level could denote a move towards a bearish landscape.
SNX/USDT upward momentum from key support? 👀 🚀 SNX 💎 Paradisers, focus on #SNXUSDT, showcasing signs of bullish momentum from its support zone.
💎 #Synthetix recently hit a bump at $4.178, causing a minor pullback. Yet, as it approaches a former resistance now turned support at $3.875, staying strong at this level could boost its chances for a bullish push towards and potentially beyond the resistance once again.
💎 The dynamic crypto market demands strategy flexibility. Should NYSE:SNX struggle at this vital support, shifting gears might be necessary. Ready for a bounce back from the significant support at $6.327, but beware, slipping below this essential marker may signal a deeper bearish shift.
SNX- Breakout
🌟 Bitcoin's Breakout Surge: Professor's Big Charts Revealed 🌟
📈 Live Analysis Incoming!
Prepare for an in-depth journey through Bitcoin's latest surge as we go live on TradingView. Get ready for a session packed with insights and the unveiling of the Professor's big chart. Join us: Live Stream: www.tradingview.com
🚀 The Breakout Chart Breakdown
Witness the bullish momentum as Bitcoin smashes past the $47,650 barrier. With my analysis, we're looking at a bull run targeting $59.9K,
69K
, and the ambitious $79K. 🎯 Stay bullish and watch as the charts unfold the story live!
💹 Historic Patterns: A Roadmap to $79K
Reflect on the last breakout at $31,100 and its staggering rise to $46,000. Our charts have been the compass leading us to these profitable winds. Don't miss out as we dissect the potential climb to $79K, live!
🔍 Last Year's Chart: The Trendline Triumph
Cast your minds back to January 2023, when Bitcoin was a humble $18,000. Fast forward, and we're witnessing a breakout reminiscent of December 2020's rally from $7,500 to $24,000. Could we be on the cusp of reaching new all-time highs? Let's explore together.
⏱️ Halving Cycles: This Time It's Different
Every cycle writes its own story, and this one's no exception. We're approaching the halving with a market more aware and ready to advance. Tune in as we analyze why we might see an all-time high sooner than the previous cycles.
🌐 Join the Live Stream for the Full Picture
There's much more to cover, from halving cycles to breakout patterns. Ensure you're part of the live session for a comprehensive analysis that could redefine your trading strategy.
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One Love,
The FXPROFESSOR 💙
BINANCE:SNXUSDT - Watch out for rising wedge------------------------------------------------------------------------------------------
Description
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+ A clear rising wedge pattern formed in SNX
+ Current price is at the resistance level trying to breakout the resistance, which is less likely to happen
+ Our entry plan is around 3.8 when price breaks down the support line.
+ We can expect the reversal of the price in next 2days.
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Signal
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VectorAlgo Trade Details
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Entry Price: 3.8
Stop Loss: 4.149
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Targets 1: 3.776
Targets 2: 3.555
Targets 3: 3.285
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Timeframe:
Capital: 1-2% of trading capital
Leverage: 5-10x
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Note: This is a short trade in the bull market, so it's a high risk trade.
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