SNS double bottom, next 0.15?So #SNS is an AI narrative coin and my last idea in which I wrote that I expect a correction worked out completely.
I expected a correction to the area of 0.08-0.09$, it came out a little more on the background of the general market decline, but the coin itself showed a good margin of safety and found a good support zone in the area of 0.045-0.053$. The 200 EMA passes there as well.
Now the price of the coin is returning to the zone of interest with a double bottom forming on the chart, the potential of this figure is at the quote of 0.15$, which can bring 77% profit.
Globally, I expect further gradual growth relative to my last idea.
This is not financial advice, everything you do is at your own risk!
Synesisone
How bullish is Synesis?Hello everyone! I have been following this asset for quite some time and have been buying it in parts throughout 2023. My average entry point is currently at $0.003443.
Looking at the chart now, on all higher timeframes it is clear that the asset has broken a double bottom at the 0.5 Fib level, with the potential of this pattern reaching $0.28, where the global ATH is also located.
Applying Elliott Wave Theory to this chart, we can see 3 corrective waves and a potential 5 wave growth structure to follow.
Based on this, I believe we are at the peak of wave 1 and we can expect a correction towards 8-9 cents per coin in the near future.
Following the 5 wave structure, we can expect further growth towards $11, where the next Fib level is located after surpassing the ATH.
However, everything could change. It all depends on the project's marketing and proper listings.
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