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Synthetixnetwork

Synthetix Network Token | Easy 111%+ PotentialHere is a pair before the bullish breakout... Synthetix Network Token (SNXUSDT). For this pair, we have a higher low compared to June but still trading below EMA50. Since we've seen how the other altcoins are moving, we know that SNXUSDT will follow, or at least we can make this inferrence from the chart signals. Or we can say this is a setup with low risk (tight stop-loss) and a high potential for reward. Synthetix Network Token can easily grow over 100% on its next bullish wave. There can always be more of course, I am being conservative. Thank you for reading. Namaste.
Long
by AlanSantana
2
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 _______________________________ 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 :)
by P_S_trade
28
SNX breaking $3.80 - $3.90 resistence level, make it a support?!The Synthetix Network has been trading sideways ( as have a lot of crypto currencies recently, but that had started to change for the better, and we all hope for a bull run that dwarfs the last one with all this new money now aware of the benefits of DeFi. Battling that is the ever present and constantly adapting scam artist who are coming up with some of the most clever scams I have seen to date. I mean, these are no, hey, just look for a very poor understanding og the English grammer rules, and you got em. These are professionals, and in most cases coders so the ability to produce a clone of a well known and respected, trusted website in the crypto community is just the beginiing, and that is scary enough. Anyway, if anyone wants to discuss that further and maybe a learn a way you can protect yourself, message me. My publication today has shown that has broken out of the lower part of the consolidation channel bottoming out at the support level of $3.50, and topping out at around $4.30 with the resistance residing somewhere in the $3.80 - $3.90 range.....this is the line that SNX was just able to break through, and I think if it can maintain a close above the $4.91 close 3 or 4 days ago then I am hoping we can then turn that $4.80 - $4.90 to a new support as we work our way up in value . I often find channels like this, and the chart will show you where the support ranges are and you can usually hit 7 out of 10 at least just trading off of past support and resistance areas, especially KNOWN areas of support. Someone does not have to be a master to trader to make money or have more Ws than Ls....however, a person does have to have a #bigbag if they want to make a worthwhile profit off of a consolidation channel with what amounts to 80% (@ MAX which you will not see). As always, been trading for bout a year and a half and it is by far the most fun I have had studying something in my life. Psychology and Money, what could go wrong right? Well guys, happy trading and please, basics, basics, basics if you are new. After that go over them again, and do not bite off more than you can chew....these are just SOME OF MY MISTAKES, and they can have devastating consequences, trust me. Good luck guys, and just when you think "Crypto is too hard, or...there is no way our financial system is getting digitized"...I am here to tell you that it is inevitable so the quicker you start getting on board, and trying to learn, the farther you are going to be ahead of that person who, like me, saw BTC trading at $100 6 years ago and laughed at it, and also made fun of it in every way I possibly could.....I know there are people out there still "living under a rock" if you will, and scoffing at what is going on under their very noses because I speak to them everyday. They will be the ones getting taking advantage of when this whole system finally gets all the kinks smoothed out (has to be some). If you guys are on here then that means you are at least either seaking information (GOOD FOR YOU!) or just reading this meaningless jargon, and getting ready to blast me (IN THAT CASE, GOOD FOR YOU AS WELL), it is obvious both of you are active in the financial community, and as long as you stay in the know, you will be a lot better off than the not so proactive dickheads, peace and love guys, and do good business with each other, christ......
SLong
by DutchBoyzDynasty
Synthetix Fortune Favor the Brave What Is Synthetix (SNX)? Synthetix is a decentralized finance (DeFi) protocol that provides on-chain exposure to a wide variety of crypto and non-crypto assets. The protocol is based on the Ethereum (ETH) blockchain and offers users access to highly liquid synthetic assets (synths). Synths track and provide returns on the underlying asset without requiring one to directly hold the asset. The platform aims to broaden the cryptocurrency space by introducing non-blockchain assets, providing access to a more robust financial market. - Trading this Token could be very impressive Gains, 300%, 600%, 750%. Everything is only depending on your strategy : ----------------------------------------------------------------- Trading Plan ----------------------------------------------------------------- Plan A : Buy : Now a bit ( if u trade it for long term hodl) Safety Buy : 3.5$ Rebuy : 2.5$ ( Bottom ) ----------------------------------------------------------------- Plan B : - Wait for strong breakout and buy (Breakout Line in the graph) - Buy Zones after breakout : 5,5$ to 7.5$ ----------------------------------------------------------------- TP 1 : 14.4$ (Security TP) TP 2 : 23.4$ TP 3 : 28.9$ ( before ATH ) ----------------------------------------------------------------- SL : No Need ----------------------------------------------------------------- - Follow always TheKing closely, play as Trader, don't be greedy and don't be fearfully. Happy Tr4Ding !
KRAKEN:SNXUSDLong
by thecryer
4
SNX Synthetix: HUGE Head & ShouldersHello friends, today I am completing a technical analysis on the 1D linear scale chart for Synthetix ( SNXUSD ), an altcoin cryptocurrency. #CryptoPickk notes the following: 1) Synthetix price has been falling since February 2021 when it met the all time high. 2) The price is around a crucial Fibonacci Retracement level of 0.786 at around $6.85-$7.00. 3) Along with the price dropping, it has formed a Head and Shoulders Pattern as shown in the chart. This is a bearish pattern. The biggest concern is the Head and Shoulders Pattern can be seen in multiple timeframes and the price has shown no level of reversal. 4) If the price breaks down and does not recover, there may be a sizable drop. 5) Though the charts show one thing, anything is possible as the Decentralized Finance space in cryptocurrencies is very strong. 6) Be cautious until there is a clear sign of where the price action will go. What are your opinions on this? If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
COINBASE:SNXUSD
by MillionaireEconomics
4
🆓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"
by CryptoStation
1
$SNX/BTC 90m (Binance Spot) Falling wedge breakoutSynthetix Network broke bullish of that falling wedge, the idea is to catch it on a possible pull-back. Also, 100EMA seems to be acting as support now, that's why entry zone is down there! Current Price= 0.0004010 Buy Entry= 0.0003915 - 0.0003813 Take Profit= 0.0004074 | 0.0004341 | 0.0004540 Stop Loss= 0.0003653 Risk/Reward= 1:1 | 1:2.26 | 1:3.2 Expected Profit= +5.43% | +12.34% | +17.49% Possible Loss= -5.46% Fib. Retracement= 0.382 | 0.618 | 0.786 Margin Leverage= 1x Estimated Gain-time= 120h
Long
by TradingOn
2