$SYN breakout to $.76-$1.04LSE:SYN just broke out of a 6 month downtrend. I'd expect a sharp move higher over the coming weeks back to somewhere between $.74-$1.04. Resistances marked off on the chart.
Let's see how it plays out.
Syntropy
NOIA Massive Potential (Syntropy)I have been following this project for a while now and I still think this is going to be one of the best alt coin buys in this bear market.
Technicals
NOIA coin topped out nearly one dollar in April 2021 after a 30000% move. since then we have been on a decline line like the rest of the market and has retraced nearly 97%.
97% is a massive overshoot in my opinion but the rest of the market is not to far off , here is a list of pretty good projects at have retraced nearly the same.
$SOL 95%
$AVAX 92%
$LINK 90%
$DOT 90%
$ENJ 94%
$NEAR 92%
$FTM 95%
Are these projects done for? is it game over for FTM and SOL being 95% down? I don't think so.
So NOIA has created a massive descending wedge which is a bullish pattern , last weekly candle happen to hit on the 1.618 Fib time which happens to be a important level for coin.
0.03 has two confluence points in its past September 2019 where it broke down going into the covid crash and July 2020 where it broke that level to start a run up to ATH.
Not many data points at this level but its interesting how the 1.618 time FIB hits right on this level and right at the bottom of the descending wedge.
Now we come to the most compelling piece of technical evidence , the LMACD bullish divergence. Since June 2021 we have been making lower highs on the histogram , we have been building this divergence for over 500days now , something is clearly stirring in the background.
For the last two years NOIA takes on average 90days to finish its corrections and we around that 90 day period now with last candle close.
Token Information
This year saw saw NOIA unloading millions of tokens onto the market ,below you can see how many millions of coins were sold throughout the year.
This shouldn't come a shock to anyone since they published this article January 2022 showing you a there plans .
"We are presenting an updated circulating supply schedule to provide full transparency into our plans for the current year."
medium.com
December will be the last planned unlock.
Conclusion
1. Bullish divergence LMACD
2. Descending Wedge
3.1.618 Fib Time hit
4.90 day correction period hit
There plenty of technical signs here that we have a bottom and a move up is coming.
Noia (Syntropy) - Next leg down target Bullish on this coin in the long term but as for now, the project being unfinished and macroeconomic factors imminent, another leg down is most likely. I will be buying on this level.
Big NOIA move This right here was one of the best looking alt coins you can find right now in terms of structure.
A perfect descending wedge with a W pattern , you can't get better than that. If the W pattern plays out we looking at a minimum of 0.165.
Syntropy NOIA Price Targets and Stop LossNOIA/USDT
Entry Range: $0.15 - 0.18
Price Target 1: $0.22
Price Target 2: $0.31
Price Target 3: $0.38
Stop Loss: $0.11
NOIA/USDT Good potential to the upside85% Discount
Price above 50 period MA
Weekly Stochastic RSI (set at low) is bullish
Price is at an interesting zone of confluence
My target: Until trend reversal confirmed
My SL: 5% below current price
Not financial or investment advise. DYOR
NOIA broke out falling wedge#NOIA/BTC
price broke out from falling wedge and now is on pullback to confirm the broken line as support.
so If price hold the support zone it will head up to break resistance of 650sats and touch descending resistance that is the same with resistance zone between 730sats and 770sats.
breaking this zone can increase price toward 1350sats.
break below support zone will drop price to 380sats.
NOIA - There is Syntropy behind all of the token price entropy!Syntropy (NOIA) is an undervalued project IMO. Quality projects like NOIA are the ones that will survive in the end.
Syntropy looking very strong and cleanNOIA is one of those coins that has been trending higher for a very long time, especially vs BTC. It is listed on very few exchanges yet it looks super strong and it is one that people talk about. NOIABTC looks ready to make a big move given how many times it has attempted to essentially have a clean break from this area which looks like re-accumulation
NOIA - FunDAMentally sound Looks like NOIA will continue around the 20 penny's mark - so you've got a solid 3 months of accumulating ahead - with such solid partnerships and real world use cases its one of those coins - it won't shock CMC game just yet - I think until it lands businesses actually using their tech and delivers on its value it will be a solid 4$ coin by 2022 - Its a coin to hold a nice bag of 5k-20k of them - Staking coming this year as well. Ill be back in FEB for a review. Lots to look forward just wont shock the world just yet !
BULL FLAG NOIA SYNTROPY CHARTAs you can see, it's forming a Bull flag after the big announcement of SYNTROPY STAKING.
RSI OVERSOLD 2H timeframe.
Target 1: 0.3$
Target 2: 0.36$
Target 3: 0.41$
Like please if you find this useful. Thanks
NOIA gonna melt faces ASAP Syntropy (NOIA) will start the rally towards to the 1$ very soon.
As we can see, we are forming a symetrical triangle in both daily (black triangle) and hourly timeframe (yellow).
It's a clear message to traders waiting for an entry. NOW OR NEVER!
Just a reminder: THE 5th JAN Noia syntropy will go LIVE !
