SNXUSDTSNX ~ 1W
#SNX If you still have Conviction on the coin,. This is a great support block to start buying again. at least for 20%++
SNXUSD
SNX looks ready tooLot of great setups on the market now... lot of super bullish structures and SNX is one of them.PA and TA is pure bullish. Target red MA. GL. If you have any questions, let me know in comments.
NOT A FINANCIAL ADVICE + MANAGE YOUR RISK AND USE STOPLOSS
SNX (Synthetix): Falling WedgeTrade setup : Price is in a downtrend, however, it's trading in a Falling Wedge pattern, which typically resolves in a bullish breakout and a trend reversal. We wait for such a breakout.
Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Strong Down, Medium-term trend is Strong Down and Long-term trend is Strong Down.
Momentum is Bearish but inflecting. MACD Line is still below MACD Signal Line but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing an upswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $1.00. Nearest Resistance Zone is $1.85, then $2.50.
SNX mid-term analysisSNX is trading below a bearish trend line.
The big SNX structure is completely bearish.
It is expected to reach the demand range in the medium term and then move upwards.
We are looking for buy/long positions in the demand range.
Closing a weekly candle below the demand range will violate the analysis.
Note that the financial market is risky, so:
Do not enter a position without setting a stop and capital management and confirmation and trigger.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
SNX (Synthetix): Falling WedgeTrade setup : Price is in a downtrend, trading in a Falling Wedge pattern. Swing traders: price is approaching the Wedge support trendline and $1.00 horizontal support, and is oversold (RSI < 25!), which makes for a good trade entry, with +50% upside potential to $1.50 key level. Stop Loss at $0.87.
Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Strong Down, Medium-term trend is Strong Down and Long-term trend is Strong Down.
Momentum : Price is Very Oversold currently, based on RSI-14 levels (RSI < 25).
Support and Resistance : Nearest Resistance Zone is $1.85, then $2.50.
SNXUSDT 1WSNX ~ 1W
#SNX In the past this was a very strong demand zone for price bounce.
At least for a 20%+ upside from here.
#SNX/USDT#SNX
The price is moving within a descending channel pattern on the 4-hour frame and broke it upwards after adhering to it significantly
We have a downtrend on the RSI indicator and it was broken upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 1.60
We have a trend to dot higher than the moving average 100
Entry price 1.72
First target 1.88
Second target 1.98
Third target 2.11
SNXUSDT At a Crucial Point: A Major Breakout or Breakdown Ahead?Yello Paradisers! Could #Synthetix be on the cusp of a massive breakout or a steep decline? The charts are heating up, and the action around the #SNXUSDT is worth watching:
💎#SNX is gearing up for a major breakout from its descending channel on a daily timeframe. The price has consistently respected the trendlines within this formation, but recent developments suggest we could be on the verge of a significant move.
💎#Synthetix is testing the critical support zone of $1.72-$1.94, a crucial area brimming with liquidity. This zone could serve as a launchpad for a breakout above the descending resistance line, potentially marking a trend reversal and aligning with our bullish forecast.
💎There is a Major Support Zone at $1.72-$1.94. A bounce from this level could be the start of an upward rally. Watch for strong buying interest here.
💎If the liquidity at the major support zone isn't enough, we might see a move down to $1.39. A strong buying response at this level could still spark a bullish run for $SNX.
💎However, if both the major and lower support levels fail, #SNXUSDT might face increased bearish pressure, possibly leading to further declines.
Remember, disciplined trading and patience are your best allies.
MyCryptoParadise
iFeel the success🌴
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 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.
If you have any comments please post them, comments will help us improve our performance
Thanks
$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/USDT
#SNX
We have a bearish channel pattern on a 12-hour frame, the price moves within it, adheres to its limits well, and is expected to break it upwards strongly.
We have a support area at the lower border of the channel at $2.50 from which the price rebounded
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that is about to break higher, supporting the price higher
Entry price is 2.60
First goal 3.26
The second goal is 3.60
The third goal is 4.20
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%+
#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: 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! 🚀🌟💰
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
Synthetix(SNX) Can Pump 🚀➕20%🚀👋Hi, I hope you have a Great Weekend🥳.
📈Today, I want to share with you an analysis of the Synthetix(SNX) project , which can increase the price by more than 🚀➕20%🚀 in the short-term .
📚 What Is Synthetix (SNX)❗️❓
Synthetix is building a decentralized liquidity provisioning protocol that any protocol can tap into for various purposes. Its deep liquidity and low fees serve as a backend for many exciting protocols on both Optimism and Ethereum. Many user-facing protocols in the Synthetix ecosystem, such as Kwenta (Spot and Futures), Lyra (Options), Polynomial (Automated Options), and 1inch & Curve (Atomic Swaps), tap into Synthetix liquidity to power their protocols. Synthetix is built on Optimism and Ethereum mainnet. The Synthetix Network is collateralized by SNX, ETH, and LUSD, enabling the issuance of synthetic assets (Synths). Synths track and provide returns on the underlying asset without requiring one to directly hold the asset. This pooled collateral enables an array of on-chain, composable financial instruments backed by liquidity from Synthetix. Some of the most exciting upcoming releases from SNX are Perps V2, which hopes to enable low-fee on-chain futures trading through the usage of off-chain oracles, and Synthetix V3, which aims to rebuild the protocol to achieve its earliest goal, being a fully permissionless derivatives protocol.
🏃♂️ Synthetix (SNX) has been moving in a Descending Channel for about 40 days and is currently moving near the 🟡 Potential Reversal Zone(PRZ) 🟡, ⚫️ Time Reversal Zone(TRZ) ⚫️, and Support line .
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys .
🔔I expect Synthetix (SNX) to start rising soon and go UP to at least the top of the descending channel after breaking the Resistance line and possibly breaking this channel.
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SNXUSD 👉( SPOT )
🟢Position: Long
✅Entry Point: 3.280 USD (Stop Limit Order)
⛔️Stop Loss: 2.880 USD
💰Take Profit:
🎯 3.679 USD RR==1.00
🎯 3.987 USD (Over ➕20%)
Risk-To-Reward: 1.77
Please don't forget to follow capital management ⚠️
Please pay attention to the style of opening the position.⚠️
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❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Synthetix Analyze (SNXUSD), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
SNX ANALYSIS (4H)On the chart, from where we entered "START", we seem to see a correction.
This correction seems to be a diametric.
There was a suitable place for the termination of the F wave on the chart, which we marked with red color.
If the price reaches this range, you can enter a sell/short position.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Synthetix parabolic move coming!!Synthetix is preparing for a Parabolic move in the next few weeks.
The CM ULTIMATE MA MTF on the weekly chart shows a very a clear and distinct pattern. Once it turns green from red the move that follows is fairly substantial. Price action is still fairly low in SNX while the the ULTIMATE MA has already turned green.
Down below we have the RSI and it is around the 42 level. Once the RSI gets above The yellow resistance/support line at 50 then price action will move quickly and will continue to do so will it stays above or finds it as support.
The key to this chart is the CM ULTIMATE MA turning green (Circled) that is most likely for shadowing the parabola.
Thanks for looking! Please like and follow!
#SNX/USDT#SNX
The price is trading in a large descending triangle and has been gaining bullish momentum recently
Supported by reversal triangle patterns
The price is now in the downtrend breach zone at
the current price of 2.37
With the first goal 3.27
Second goal 4.32
With oversold conditions
During the uptrend there may be some price correction
SNX doesn't show signs of weaknessSynthetix is not showing any kind of weakness, so we could expect it to start retracing in rectangle box i drawed starting from 5.00 price zone
