Snx/USDT Short📉N.B. Check my tradingview profile
Trading proposals post based on price action,
technical analysis, major intraday supports
and resistances, rejections, breakouts, chart
patterns and other factors.
How this analysis was done:
First I find usdt pairs using crypto screener then if all Three×3 in 1 indicators gives main entry confirmation at the same time I go with the analysis then I find Support and Resistance zones in 3x entry timeframe also using one of the three indicators for backing up my analysis and filter bad signals then I also make trendlines using two of the 3 indicators in 3x entry timeframe for filter out more bad signals then again using one of the 3in1 indicators I filter fake breakout in entry timeframe and in higher time frame and then if other minor conditions is confirmed the analysis is done.
Take Profit:
Take profit is A/B/C Zone point
Take profit is dynamic/trailing stop loss/take profit
Stoploss:
Stoploss is above/below the D Zone point / danger line
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SNXUSDT
$SNX - On the Bullish EdgeHello my Fellow TraderZ,
$SNX is coming to the Edge of the FALLING WEDGE Pattern.
We can easily see the Bullish divergence spotted on 4 HTF RSI.
We need to wait for the Pattern Breakout an the crossing of the EMA55 with decent volume.
Good to trade with minimun 10% - 25% TP.
Trae well my Fam. CHEERS!!!
SNXUSDT Long-Setup +233% GAINS 🚀Hi Traders, Investors and Speculators
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
Here's a long setup bullish idea on SNXUSDT. I have been bullish on this altcoin for months now and have already taken 30% profit, however I have my eye on the pie 🤑 and believe that +230% is a modest increase compared to the first parabolic run on SNX which went up a whopping +1100 % .
Interested in XRP ? Check out this idea on XRPUSDT :
Have a great weekend 🥂
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CryptoCheck
SNXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for SNXUSDT
There are R2 and R1 as the resistance areas which contain the disability of the price to rise. And S1 is the support line that represents the support of price since the past. At the moment, we have the price fluctuating on S1 area and we expect it will fall to the bottom of this area and then by giving us some rising signs, an increase is waiting for it to R1. In case the price moves above R1 and fixes there, more rise will be predicted. Even it is probable for the price to moves below S1 and have more decline.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
SNXUSDT BULLISH, Breakout OPPORTUNITY +180%Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
Synthetix Network Token (SNX) is an Ethereum token that powers Synthetix, a decentralized synthetic asset issuance protocol. For a few months, I have been extremely bullish on SNXUSDT. I've been mentioning it in videos on altcoins that I am watching multiple times. After the last video, the price of SNXUSDT has increased by 20%. Now I know this is not the whopping 120% or 150%, but it was a very low risk trade with extremely high upside potential. Considering that it's previously done a +1000% in 3 months during the previous parabolic bull run, a target of 180% for mid-cycle is modest.
My next target is also considering a spot trade, and it could take another few months to get there (unless the bullish market comes early. The best time to accumulate altcoins is when they are trading in-between the 0 and the 0.236 Fibonacci Retracement level, as this one currently is. The risk to reward ratio is exceptional in such cases. It is also comforting to see the period of consolidation trading/range trading and a contraction in the Bollinger Bands for nearly a month, indicating that the price is getting ready for another move.
Here's the video on the 3 Altcoins that I was watching earlier this year:
Synthetic assets / tokens are minted when token holders stake their SNX as collateral using Mintr, a decentralized application for interacting with the Synthetix contracts. If you want to know a little bit more about how this works and how to start staking and yield farming, check out this easy guide for making money with DeFi :
Interested in the Merge on Ethereum and how it may affect the price of ETHUSDT ? Check out this idea 👀
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CryptoCheck
SNX Ascending channelSNX in a rising channel - reasonable entry available now - Invalidation not far below ~10%
Triggers for entry - rising with tomorrows CPI print - if in expected range - see BTC drag alts up.
Aiming to ride the channel upwards until next FOMC
Synthetix SNX Bearish SentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Synthetix SNX has a negative overall sentiment recently.
I have the following price targets:
SNX/USDT short
Entry Range: $2.90 - 3.10
Take Profit 1: $2.70
Take Profit 2: $2.26
Take Profit 3: $1.84
Stop Loss: $3.61
SNX/USDT#SNX
False breakout on the weekly and weekly close above the breakout candle
Close above the quantitative candle on the weekly and retest it
on the daily on the support and a bullish engulfing candle was formed and
Inside Bar
I expect next week's candle to be like the drawn candle, so that it will reverse and rise, God willing, and God knows best
Not a recommendation, just an opinion
SNX with potential 150%?!After a 95% drop from its top, SNX formed with its fall the ABCDE waves and at the end of its E wave it still created a head and shoulder inverse shoulder with a target at $7.50.
An opportunity that can give us up to 150% profit.
This review is for study only, do your own review.
This analysis becomes invalid if BTC continues its decline.
SNXUSDT First signals for a changing trend to up appear on chartGlobally, the SNXUSDT price is still in a downward trend that has been ongoing since the beginning of 2021
However, now the SNXUSD price is trying to establish itself in the upper part of the descending channel, which gives a chance for positive thoughts about the continuation of the growth.
So, if in the coming days the SNX price is held above $2.70, then the following targets for growth can be expected:
1) local growth up to $4.20
2) medium-term growth up to $5.80
3) a global goal for the growth of the Synthetix Network token price in 2022. - $10.70
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$SNX squeezing hard and ready to burst? (LONG)SNX has been ranging for quite sometime in this range is finally squeezing very tightly in the end of the range. Based on its performance, i expect this to break the trend upwards.
im not going into too much more detail, my last idea posted explains exactly how i utilize this break out pattern to set successful entries and solid/safe TP's!
please feel free to message me directly if youd like any help understanding the fundamentals of trading and learning to create a profitable trading strategy that works for you.
SNX facing two possible scenarios.Hello, dear TradingView members.
This idea is an SNX analysis.
It looks like SNX is getting rejected by the downtrend channel after moving 5% up.
The price is now consolidating on a local support level. There are two possible scenarios considering the static resistance on the way up.
First scenario:
The price can push up and pass the dynamic resistance, which is the upper band of our downtrend channel, and then continue to move higher after a pullback and confirmation.
Second scenario:
The price can get rejected by the dynamic resistance zone and land on the support levels.
RSI is overbought, so the price has room to go down.
The Speedometer indicator shows Sell volumes on the market for SNX on a 1D interval.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
SNX - SYNTHETIX - How Might The Rest Of This Correction Unfold?So continuing on in the spirit of sharing thoughts like no one can, once again I am talking to the chart.
You might think this is amusing but it is very serious business.
In fact so serious that you might actually learn a thing or two about holding onto your profits during corrective waves.
Although it may appear to some that we may be continuing to go lower or getting ready to move higher.
At this point in time it looks like neither.
It's purely corrective price action at it's finest.
A potential Type-1 Weak 5-Wave Move has been identified which will likely continue to be extreme choppy.
Chances are that you may have to watch the whole 20 minutes of this video to grasp what I am saying.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.