SNXUSD trade ideas
SNX.x is ready to rip technically and fundamentally.Snx.x looks ready to rip with a local top around $20 in the next 5 days. This price target remains heavily dependent on bitcoin holding support at 32k.(likely)
GEMINI:SNXUSD
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Is SNX the STRONGEST DeFi Project?We might see SNX correcting to 0.5 or 0.618 of this bull leg before advancing to $24-35 which is 1.618 to 2.618 fib levels.
In my opinion SNX is primed to be the number 1. DeFi project just because investors can trade derivatives (multi-trillion to unknown overall market value, possibly quadrillion)
Remeber, current DeFi market cap is (ONLY) 33.2 Billion dollars. Recently, Mark Cuban who admitted he holds crypto said that DeFi is going to disrupt the whole financial space and market.
The rocket has been launched.
SNX - Now staking is live on Optimistic L2 (Big)One of the most promising DeFi blue chip for me.
Synthetix staking is live on Optimistic L2 mainnet ! Big news, I expect #SNX to continue its bull hike.
It's in price discovery zone, so hard to establish a target. Holding spot & leverage position.
Information is just for educational purposes, never financial advice. Always do your own research.
Hit the "LIKE" button and follow to support, thanks!
SNX - Synthetix - 60% Potential!It is most certainly ALT season! Here is yet another ALT in th bull zone.
SNX is in its last leg of consolidation, (which is likely to conclude in next 12-24 hours).
Support: ~ $12.98
From there, it can grow 59% possibly, in just days.
Resistance: ~$20.76
These bull indicators are flagging:
-Stochastic @ 30m in sub 20 zone
@1H in the 50 zone
-RSI will hover around 50 zone at eh bounce
-MacD cross above neutral line, at/around support
-Historgram will flip at/around support
Happy Trading! Wishing everyone bountiful trades. Please let me know if I've ben helpful.
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*Not trading advice. Trade at your own risk. Just a sharing of an opinion.
Crypto Market GRT SNXUS Technical Analysis & Predictions 1/14/21*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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Synthetix 20$Very strong coin. Amazing potential. Not even sure it will retrace to 10$.
Strategy to go in :
- Buy now 12$ (25% of your capital invest on this coin)
- if retrace a bit :
Rebuy at 11$ (add 25%)
- if retrace to 10$ :
Rebuy at 10$ (All in)
Sell Before 20$ and don't be greedy.
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- As always check BTC king !
Happy Tr4ding !