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SNXUSDT

SNX/USDT 4 HOURS UPDATE Welcome to this quick Update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures . I have tried my best to bring the best possible outcome in this chart . SNX/USDT is making bullish falling wedge pattern Broke out the support level and retesting it and RSI is making some bullish divergence moves. Entry: ACCUMULATE BETWEEN $7.73 TO $7.57 Targets: $ 8.38 $ 9 $ 9.7 $ 10.8 Stop Loss: BROKE OUT AND CLOSE DOWN SIDE THE IMPORTANT SUPPORT LINE What's your thought on this? Do hit the like button if you like this update and share your views in the comment section. Thank you #PEACE
Long
by CRYPTOMOJO_TA
SNX/USDT 4HOUR UPDATEWelcome to this quick SNX/USDT analysis. I have tried my best to bring the best possible outcome me in this chart. Reason of trade :-SNX/USDT price is moving in a falling wedge pattern and It needs to breakout the current support and trend reversal for a clear uptrend. Entry:-CMP and buy green zone Traget:-30% to 40% Stop loss :- $7.38 Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native languages. Do hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563
SNX Synthetix 1D - Big Move Up ComingHello friends, today I am completing a technical analysis on the 1D linear scale chart for Synthetix (SNXUSD), a cryptocurrency altcoin. In the chart I noted: 1) Synthetix price has respected the bottom trendline since October 2020 and most recently touched the trendline and bounced off of it. It is still hovering around this area. 2) Around the end of November 2020, the price began it's parabolic move of about 600%. That move ultimately brought the price back to the bottom trendline after 234 days. Assuming from that day to 234 days into the future (Feb 2022), we could see the price once again touch the top trendline which it has not touched recently as the price has been consolidating since May 2021. 3) Assuming we begin the move upwards, that would be a 130-135% gain in Synthetix price. This wouldn't be an immediate move up as we have Support and Resistance areas to overcome. 4) Also the RSI (relative strength index) is about to potentially form a double bottom, which could drive the prices higher as shown historically. 5) If the price touches the top of the trendline and has a breakout of the long term triangle pattern, we could see a significant price upside. 6) The Volume over the past few weeks has been less, which is usually not the case. This may be a signal that a move is coming. 7) If the price breaks below the bottom trendline and stays below it for more than a few days, this idea may be invalidated. What are your opinions on this? If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
KRAKEN:SNXUSDLong
by MillionaireEconomics
3
Rise of DeFi is near Let me be clear on one thing, we are in the Bull market and Altseason is happening. It is only a matter of time which one pops first. As you can see some of the big names in DeFi are consolidating for a long time. I believe all these four will need to complete another fill Fib Retracement as It has the potential, Volume, and Liquidity. If we look at their rise on summer DeFI we can guess it might happen just before BTC reach its all-time high. Guessing the ATH of BTC is another subject but I see a huge opportunity in Giant projects in DeFi that have been quite for some time.
BINANCE:BANDUSDLong
by MehranVa1992
Synthetix can still Show Growth in the Third WaveGreetings to you! On July 6, I predicted the beginning of the third wave, the idea of which is still relevant to this day. The expected superfast growth did not occur and even dragged on, which may indicate the incompleteness of wave (2). However, I stick to counting waves, where wave (3) forms itself in pieces. Wave 1 of (3) is the leading diagonal, and wave 2 of (3) is either already completed or on the verge of completion. The price crossing the key level will confirm the presence of a bull market.
Long
by Dzinsai
1
#SNX Synthetix 1D - Move comingSynthetix SNX is in a large triangle pattern but let's look at the small descending channel for now. It seems that there may be a potential breakout coming up. If SNX breaks the resistance around $13, it may get a chance to move higher. What are your thoughts? Comment below, hit the like and follow me. Thank you! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
COINBASE:SNXUSDLong
by MillionaireEconomics
2
It’s going to get interesting very SOONThis chart looks really good to me: After reaching the all time high, price made some lower highs and as it was unable to creat a new higher high it dropped heavily and the market sentiment changed from bullish to bearish. The last bullish correction got rejected and retreated to the 618 fibonacci level, And we are currently trading above this level. We are holding well and the accumulation phase is lasting for about 2 months now. I think $SNX is ready to start a new bullish trend and it will happen this week. First target should be around $14 and I will wait and see the reaction of the market after that. Stay tuned and follow me on tradingview to get notified of the next step. Cryptosep ;)
Long
by CryptoSep
#5 | Synthetix Network Token vs Tether (SNXUSDT)I had multiple options for the last pair to share with you today, I found many mentioned in the comments section that looked good. These were CAKEUSDT and BZRXUSDT, I went for Synthetix Network Token (SNXUSDT) since we already have a trade active for this one. To spot these bullish charts, the Fibs can be very useful/important. Notice here how bullish action takes place above the 0.382 Fib. extension level, this is marked light blue. Each Fib. level here below the current price can be considered strong support. Above the current price, I call these resistance levels or targets. Since we have kind of a curve coming up from the candles, yes, I look at that... This can signal that things are about to move up. We have this curve pattern showing up, with increasing volume, bullish indicators, and prices breaking above EMA50... The rest is on the chart. Namaste.
Long
by MasterAnanda
2