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SNX

$SNX - SPOT UPDATEPosition update on twitter can not be shared, since this is a new channel. Please check Coin_Analyst on twitter. You can find the update. $SNX has been one of the good trades from the last few weeks. The group entry is up by +51% 💰💰💰💰 Only 5% shy of our target. SIGNAL DATE SNX x BTC E: 0.0003526 , 0.00040330 T: 0.0006250 SL: 0.000336 PS:If you have any coin requests, comment on this idea. I will analyse your suggestions and publish them on tradingview.
Long
by TheCoin_Analyst
SNX/BTC Weekly vs Daily Charts: Bullish Cloud, Looking to EMA'sA viewer requested a look at the SNX chart. Shown here, the weekly chart on the left and daily chart on the right. The weekly chart shows us an inside bar forming, giving us some good price ranges to be focused on. I'd be hunting for a long entry on a weekly EMA retest. To get a little more aggressive, I look for longs on the daily EMA supports. The daily chart shows a bullish kumo twist along with price breaking above the cloud. This signal printed several days ago and was a great clue to get in before the USDT chart printed all time highs. It looks like this printed around the same time that the daily ETH/BTC and AAVE/BTC charts printed kumo twists too. Given the daily ichimoku cloud strength here, I'd lean toward a more aggressive strategy in making an entry while still setting stop loss levels below weekly supports.
by cryptochemistry
Is SNX the STRONGEST DeFi Project?We might see SNX correcting to 0.5 or 0.618 of this bull leg before advancing to $24-35 which is 1.618 to 2.618 fib levels. In my opinion SNX is primed to be the number 1. DeFi project just because investors can trade derivatives (multi-trillion to unknown overall market value, possibly quadrillion) Remeber, current DeFi market cap is (ONLY) 33.2 Billion dollars. Recently, Mark Cuban who admitted he holds crypto said that DeFi is going to disrupt the whole financial space and market. The rocket has been launched.
KRAKEN:SNXUSDLong
by Pill_z
11
$SNX/BTC 90m (Binance Spot) Falling wedge breakoutSynthetix Network broke bullish of that falling wedge, the idea is to catch it on a possible pull-back. Also, 100EMA seems to be acting as support now, that's why entry zone is down there! Current Price= 0.0004010 Buy Entry= 0.0003915 - 0.0003813 Take Profit= 0.0004074 | 0.0004341 | 0.0004540 Stop Loss= 0.0003653 Risk/Reward= 1:1 | 1:2.26 | 1:3.2 Expected Profit= +5.43% | +12.34% | +17.49% Possible Loss= -5.46% Fib. Retracement= 0.382 | 0.618 | 0.786 Margin Leverage= 1x Estimated Gain-time= 120h
Long
by TradingOn
2
SNX - Synthetix - 60% Potential!It is most certainly ALT season! Here is yet another ALT in th bull zone. SNX is in its last leg of consolidation, (which is likely to conclude in next 12-24 hours). Support: ~ $12.98 From there, it can grow 59% possibly, in just days. Resistance: ~$20.76 These bull indicators are flagging: -Stochastic @ 30m in sub 20 zone @1H in the 50 zone -RSI will hover around 50 zone at eh bounce -MacD cross above neutral line, at/around support -Historgram will flip at/around support Happy Trading! Wishing everyone bountiful trades. Please let me know if I've ben helpful. ---------------------------- *Not trading advice. Trade at your own risk. Just a sharing of an opinion.
COINBASE:SNXUSD
by moneypenny275