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Synapse

Synapse (SYNUSDT) Primed for the Next Big Move🚀 Synapse (SYNUSDT) Primed for the Next Big Move? 🌉 Hey, fellow traders and Synapse enthusiasts! Let's break down an intriguing setup for SYN/USDT on the 9-hour chart! 📈 Current Price: $0.5882 💥 Resistance Ahead? We’re keeping a close eye on the resistance zone (R) just above $0.59, as breaking past this level could open up the door to our potential Take Profit 1 (TP1) at $0.8326. This range holds substantial liquidity and could set the pace for a bullish breakout. 🔥 Target Levels: TP1: $0.8326 – First milestone, where momentum may consolidate. TP2: $1.0143 – Strengthening buyer interest. TP3: $1.25 – Eyeing mid-level resistance for the next phase. TP4: $1.60 – 🚀 Moon mission confirmed? 📉 Pullback Potential: There's notable support around $0.55, giving SYN a solid foundation for any retests. Key long-term holders and smart money may be accumulating here. A dip could be a smart entry for risk-managed positioning. 🧠 Projection Confidence: Moderately Strong – aligning with historical support zones, Fibonacci levels, and volume trends. Is this the moment SYN climbs the ladder of price targets, one by one? Stay tuned as the Synapse ecosystem evolves. Watch for confirmations, and always remember – good risk management is key! 🛡️💪
Long
by The_CryptoHoney_Trader
WHERE ARE WE ? BACK TO BULL MARKET ?I am reading a lot of "bullmarket is back" opinions here and there, and I don't really find an argument for a V reversal for the 17k low on $BTC yet I think we are in a rangy phase where good investors/ltf traders will get nice opportunities to build their long term portfolio I already shared my view on the Cosmos ecosystem, so now I will share my list of alts that I am looking to accumulate and in which proportion and at what average price (ideally): ETH $750,00 - 10% SOL $17,00 - 20% ATOM $8,00 - 30% SYN $0,50 - 10% LOOKS $0,15 - 10% the 20% remaining of the portfolio will stay in cash waiting to ride new cycle narratives I have no interest in Bitcoin as the expected return is probably lower than newer coins/narratives Exciting times ahead anyway Cheers
by CRYPTODOTIDEAS
5
SYN/USDT Ready for its Bullish Momentum? SYN Analysis💎Paradisers, let's delve into #SYNUSDT, as it shows signs of a pivotal breakout from its descending channel pattern. 💎Currently, #SYN is making strides toward the descending resistance, transitioning from what was once a supply zone into a demand zone. This shift presents a chance for the price to spring from this area, potentially initiating an upward journey with the bearish Order Block (OB) as its next milestone. 💎Yet, if LSE:SYN struggles to rally and instead slips below the demand zone, we might witness a fallback to the Bullish OB territory around the $0.682 mark, where it could regroup and attempt another ascent. 💎The Bullish OB region has historically been a catalyst for significant market rebounds upon engagement. Nonetheless, a failure to sustain this zone could signify a bearish trend, compelling the price to carve a new path from a diminished base. 💎In case SYN doesn't leverage momentum from this or any subsequent level, a continued decline might be on the horizon. Fear not, as your ParadiseTeam is on the lookout, ready to navigate you through these fluctuating market waters.
Long
by MyCryptoParadise_Simon
$SYN Run it back turbo - Target $1-$1.08?Think we largely saw a fakeout in the crypto market which led many to believe that the bearish turn is here. However, I think we have one more push up in many coins that haven't already touched their 200DMA. $SYN meets that criteria. I think we're likely to see one more push up from here for a potential 25-35% gain. I'm looking to be fully out of all crypto positions by the 24-25th of next week - as I do think that's when we will see a turn lower. If this move doesn't play out by then, or if it falls below $.74, then this move would be invalidated. Let's see how it plays out.
COINBASE:SYNUSDLong
by benjihyam
SYNUSDT Bull Flag before a 1D MA200 break-out?Synapse (SYNUSDT) broke again today above the 1D MA50 (blue trend-line) after holding the 1D MA100 (green trend-line) which provided Support. The trend since the July 28 High has been a Channel Down, which on the overall rebound move since the June 17 bottom remains a technical Bull Flag. That is of course as long as the Higher Lows trend-line since June holds. A break below it, should be taken as a bearish break-out signal and target the 0.800 Support Zone. On the other hand, if the Bull Flag lives up to its use, and the price breaks above the 1D MA200 (orange trend-line), expect a massive bullish break-out move towards the 4.000 - 4.3100 Resistance Zone. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot
4
$SYN Synapse Protocol. Time to take the plunge.Quick video covering a Synapse trade. Not a lot of data on this one via TradingView as it was listed only recently at several tier 1 exchanges. It could be very distracting looking at the 4H triangle breakdown, and context is important from the OBV and other time frames. Here's the TLDR: $2-$2.1 is a very strong area of support. Clear invalidation below. Historically this is a good range, and we're at the bottom of it, ready to potentially create a double bottom or higher low. Take profits are easy at 15%, 25%, 50%, making the R/R excellent vs the loss from the invalidation. Good luck and good hunting.
Long
by Enigma_Fund