SNXUSDT
SNXUSDTSNX has breaked a dynamic trend line resistance and forming a clean pullback so be ready to catch the profits after the pullback completed
SNX (Synthetix) Is Breaking Out Of The Falling WedgeSNX is breaking out of the falling wedge and soon will be in price discovery.
Leg Up Before Healthy Correction Dose For SNX ?My Fellow Crypto Traders,
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ANALYSIS:
SNX has been on a savage run with gains of 68% within 3 days, as it feels another AltCylce could be upon us. However, volume appears stagnant in which could result in a micro correction towards lower VWAP levels. But if there is an RS Flip @ the $12.18 resistance level, due to an increase in money flow from larger Alt's and BTC, SNX can see some resistant free positive price action
SNX BullishOne of my favorite projects. We talked about SNX to our Advantage members when it was still in its original consolidation pattern end of December 28, 2020. It has potential to head toward $15 - $20 range
SNX Stakers Beware, Nearing 5 Up, Ready For Deep CorrectionThis follows my bearish outlook for BTC and XRP, most everything.
We are close to completing 5 up from the very beginning...meaning a DEEP 2nd wave correction is near. The likely stopping areas are noted, log Fib levels. We could still hit $11 area prior to topping.
This is the weekly chart, so nothing happens overnight, it's just something to be aware of and the depth.
SNX 2 potential targetsI will left at the mid of 2 targets if price can reach there. White line is my entrey price.
SNX USDT1. Bull flag within a flat on top while retesting old all time high. You will not find a more beautiful chart.
2. Long current levels (optimally red lines but i doubt you will get it)
3. Target minimum $9
4. Alternative play could be buying the bull flag breakout into retest
SNX breakout signalSNX breakout signal (BTC pair)
Entry between 2220 - 2555 - 2880 (3 entries 33% each)
Stop if close daily below 2200
🎯 Targets are 3900 - 5100
SNX (Y20.P5.E1).Stalking a breakout tradeHi All,
Another one I overlooked, was stalking it but lost focus. Hmm.
Previous post link below.
This does look like an inverse H and S and hence the 1st Target.
MY THOUGHTS:
If the weekly resistance stops it, then look to buying in at the level suggested if a pullback happens.
If it does break, look for a retest on the weekly resistance before buying in.
To go long, I would like to see a daily candle open and close above the weekly level.
All the best,
S.SAri
Weekly chart..,bullish in structure. Should do well in ALT season.
Possible scenarios
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Synthetix SNXUSDT - Bullish Head and Shoulders + Strong coin- Last 3 month we had a consolidation (Head and Shoulders pattern)
- Now we are breaking up to new all time highs
- Next target can be 1.618 fib extension (Around 14 USD)
- RSI looks great on the daily chart
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Please break the black line ...Note this my view not financial advice. Breaking the black line could make for something nice. ATH maybe?
Synthetix SNXUSDT Head and ShouldersHead and shoulders formation really impressive with impressive volume
buy the breakout above 5.8 $ and hold
630 million market cap very big market not like other shit coin
huge market cap still looks good for trade
SNXUSDT is bullishSNX has shows the stability to stay in the plotted channel and goes bullish for now with price action and classic indicators
SNX Price at Supportprice at support zone
good buy area
Buy : 2500 - 2530
Stop : 1800 sats
Target : 2650 , 2800 , 3000 , 3300 , 3500
What if SNX breaks through the Structure? Can we expect 100% Up?What if SNX breaks through the Structure?
SYMBOL: SNX,SNXUSD,SNXUSDT,SNXUSDTP,CRYPTOCURRENCY
Trade close manually when: the above ribbons turns Yellow or better Red.
I appreciate your like or comment. Welcome to share your idea here.
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
