SNX | Head n ShoulderSNXUSDT is printing head n shoulder for a time now. Recently when it printed the neckline comes at 7.5 and we saw a failure of the pattern as right shoulder broke.
Currenlty, it is again on neckline of another head n shoulder which is on 3.5. Will it break this time?
The target if it breaks will come at 5.5 which is hefty in terms of percentage.
Keep in watchlist and let us know what do you think of the idea.
Snxusdtshort
SNX/USDT 2 HOURS UPDATE Welcome to this quick Update, everyone.
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I have tried my best to bring the best possible outcome in this chart.
SNX /USDT is making this bullish expanding Triangle pattern.
Entry: $3.75- $ 3.83
Targets- $3.99 - $4.22- $4.345 - $4.59 - $4.8
LEVERAGE-5X - 10X
Stop Loss: $3.5
What's your thought on this?
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#PEACE
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 $28 resistance straight way.
DONT LEVERAGE OR OPEN FUTURE !!
Snx/usdt break support level soon ?Snx/usdt tested this strong support 4 times before
And every time it touched it ...it give good bounce
Now its the 5th time and i expect it will break the support this time as repeated test same support makes it weaker
Also btc Dominance now is in increase and this one can do good profit in shorting
Wait close below that level if looking for more confirmation and short when retest as a resistance
Next potential support the can give some bounce is around 2.9$ - 2.7$
SNXUSDT:Good opportunity for LongAt 12H, the cloud is directing upward, indicating an uptrend. The RSI moved down and the price found support on the Ichimoku cloud .
At H3, the cloud is directing downward, indicating a price correction at the 12H timeframe.
Besides, RSI is at the oversold level, which indicates the weakness of sellers.
We recommend buying SNXUSDT when the RSI reaches the oversold level near the 61.8% Fibonacci level and take the profit near the level of $ 9.