SNXETH - Broken Channel, Small Gains Likely, Big Gains Possible6 Months of strict downward channel trending followed by quite a significant break on the upside. We can detect 2 main levels where the price is likely to head toward, even our most pesimistic opinion puts gains at around 10% on SNX, our most optimistic views puts the gains nearer the 50% mark!
Could be one to watch with both eyes here! 👀
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SNX
SNX - whale's darling - bullish structure$SNX - Weekly Chart
- reclaimed weekly bullish structure
- 200d SMA, 200d EMA, 21d EMA sitting very close below current price
Still held by many whales wallets.
SNX about to implement v3 w/ plans on becoming a major liquidity hub, provinding real yield in the decentralized derivatives landscape.
SNXBTC - Critical Point, Breakout or Fakeout?We're at quite an interesting point with SNXBTC right now, sat on top of what was a strong descending paralled channel after a breakout of the aforementioned channel, or is that a fakeout? That is the question!
After the break of this channel the price has since dropped back and is now ready to either head up to the next level of resistance, or drop back into the channel and continue ranging through this area.
We've got a nice level of support on the underside but if the price os truly trending in this channel we could see this level get broken as the market pushed further south.
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Synthetix (SNX) formed bullish BAT | A good buy opportunityHi dear friends, hope you are well and welcome to the new update on Synthetix ( SNX ) token with BTC pair.
On a 4-hr time frame, SNX has formed a bullish BAT move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
✳️ Synthetix vs Bitcoin Also Looks Good For Easy 100%SNXBTC has the same chart as everything else in this market... Follow me!
A long-term higher low, Dec. vs June 2022.
Strong RSI near support.
Trading above EMA10.
After the big altcoins grow, it is time for the small ones to follow.
We were expecting for everything to grow and these charts are pointing to just that.
Expect the BTC pairs to move ahead.
Not only this one, I saw many, many others with similar charts.
The growth can happen fast.
Big strong candles... Be prepared.
Set your sell order on target before the action starts.
Do not wait to sell manually, build a plan and deploy it.
Namaste.
SNX Short Chance for another Leg Down!!Here is another SNX/USDT Chance for Short Position, In the continuation of the sales transactions we had, a middle correction towards the Fibonacci specified in the image is possible, and by completing this correction, we can re-enter the selling position from the specified ranges towards the lower targets.
Pay attention that this movement can take a day or two, but the Fibonacci range is important for entry!! Friends who own the currency can accompany it in advance because there is a possibility that Fibo will not be seen and return from the current limits, but these ranges are for opening. Making a new position does not give us good risk and reward, so friends who are looking for a new position should wait until we enter the position at least in the 38% Fibonacci range 📊
Synthetix (SNX) forming bullish BAT for upto 17% moveHi dear friends, hope you are well and welcome to the new update on Synthetix ( SNX ) token with BTC pair.
On a daily time frame, SNX is about to complete the final leg of bullish BAT move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade