SNX 1D Global chart and liquid zones for buy and sellSynthetix is a decentralized finance (DeFi) protocol, the network of which was launched at the end of 2017.
However, the price of the SNX token was able to shoot only in 2020, when the hype around DEX exchanges and DeFi projects rose on the crypto market.
Now the price of SNXUSDT is approaching the critical level of $12.60 from where a downward correction may begin.
An important task for buyers is to keep the price above the $7-7.60 zone . In this case, there will be all conditions for continued growth to $16.
If the bulwark of buyers' protection in the $7 region does not withstand the invasion of sellers, then the continuation of the fall to the $4 region will become quite real.
However, if you narrow down the chart presented, you will see a long history of trades in the SNXUSD pair. The chart clearly shows that even a theoretically possible price drop to $4 will still look like consolidation in the upper part of the global chart and will not carry anything critical for long-term investors.
Short and medium-term speculators need to be vigilant, use stops in trading, and pay special attention to the liquid areas that we have highlighted on the chart.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
SNXUSDTPERP
IF U ASKED ME ... SNX IS THE STRONGEST RIGHT NOW !look on the week candle how it bounced back up. 63% up !!
despite all of the bearish corrections we got, it managed to go up again.
we r looking for a weekly close above the first support.
if first support were broken I will buy on the second one a small bag there.
if we hadn't broke any support we will test $28 resistance straight way.
DONT LEVERAGE OR OPEN FUTURE !!
take a look ... SNX will do great this month !break out confirmed on 4 hr time frame
✅ Buy: 21 - 22.75 ✅
🎯TARGETS:
1- $ 25.55
2- $ 28.97
3- $ 38.90 (midterm target)
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below $ 16
Please click LIKE button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
🆓Synthetix Network/USDT Analysis (26/2) #SNX $SNXSNX is having a strong recovery so I think it will reach 27$ soon or even 40$ zone in March. But buy it now is not a good idea, because it still have a possibility to retest 17$ zone in next days.
📈BUY
-Buy: 16.5-17.5$. SL if B
-Buy: 20.5-21.5$ if A. SL if B
📉SELL
-Sell: 26-27.5$. SL if A
-Sell: 38-40$. SL if A
♻️BACK-UP
-Sell: 16.5-17.5$ if B. SL if A
-Buy: 11-12$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
🆓Synthetix Network/USDT Analysis (14/2) #SNX $SNXSNX is continuing to increase with good volume so we can expect SNX to increase strongly in the next days to $36-38.
However, I think it will take a few days to move sideways to accumulate more at $27 zone.
📈BUY
-Buy: 26-27.5$ if A. SL if B
📉SELL
-Sell: 36-38$. SL if A
♻️BACK-UP
-Sell: 26-27.5$ if B. SL if A
-Buy: 20.5-21.5$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
SNX/USDT LETS LAUNCH THIS DEFI 🚀Hey hey my friends 😁
SNX is bullish with this ascending triangle pattern 🐄
SNX is a cryptocurrency that powers the Synthetix protocol
Synthetix protocol enables trading synthetic assets on Ethereum
Synths are tokens that provide exposure to assets such as gold, Bitcoin, U.S. Dollars, TESLA, and AAPL within the Ethereum blockchain
Lets send it 🚀
✳️Synthetix Network/USDT (8/12) View + Trading Plan #SNX $SNXSNX is on a very strong recovery after falling from 5.5$ to 3.5$ and currently SNX is consolidating the 5-5.5$ zone as a springboard for a breakout to the 6.5$ zone and even the 9$ and 10$ zone this December
However, if SNX is still rejected at 5.5$, it will correct to 4.5$ and then rebounds. The 4.5$ zone is the last support zone for this uptrend.
📈BUY- LONG
-Buy: 5.5-5.75$ if A. SL if B
📉SELL-SHORT
-Sell: 6.5-6.75$ if B. SL if A
-Sell: 8.75-9$ if B. SL if A
-Sell: 10-10.5$ if B. SL if A
♻️BACK-UP
-Sell: 5.5-5.75$ if B. SL if A
-Buy: 4.25-4.5$ if A. SL if B
-Sell: 4.25-4.5$ if B. SL if A
-Buy: 3.5-3.75$ if A. SL if B
-Sell: 3.5-3.75$ if B. SL if A
-Buy: 2.25-2.5$ if A. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
✳️Synthetix Network/USDT (1/11) #SNX $SNX #SNXUSDTAfter breaking the Descending Triangle pattern, SNX is now heading to the 1.5$ zone. However, there is likely to be a significant buying force in the 2.5-2.75$ zone and we can believe in for target 3.5$.
If the 1D candle closes above the 3.5-3.75$ zone, the SNX easily rises to the 5$ zone.
📈BUY- LONG Strategy
- Buy: 2.5-2.75$. Stoploss if B
📉SELL-SHORT Strategy
- Sell: 3.5-3.75$. Stoploss if A
- Sell: 5-5.25$. Stoploss if A
♻️BACK-UP Plan
- Sell close to 2.75-3$. Stoploss if A
- Buy: 2.5-2.75$. Stoploss if B
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"