SNXQuick chart for a sunday morning.'Small' coin buying zone.If we can buy here we could get nice profit.:) Cheers
SNXUSDT.P trade ideas
SNXUSDT n SUSHIUSDT at tricky spotsshe needs to hold this level or we could see a re trace down to 15.00usd which if she breaks breaks get out for a bit and scoop the dips
ETH and ESP BTC pairs r beating up snx sushi and few other alts so great time to start to pick spots for next run but maybe not so spread out ( talking to all u 5 to 10 plus alt junkies out there smilez
_HGM
SNX (Synthetix) Token Analysis 24/03/2021 Updatedas we can see the price has fallen to the trend line and has some good chances of getting bounced from the Retracement and support zones
targets are the same as the past analysis
Synthetix Network Token (SNX) - March 24Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
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We have to see if we can get support and climb at 16.809.
As such, we need to see if there is any movement to move sideways at 16.809 or break off the downtrend line.
If you go down at 16.809, you can touch 13.222, so you need a Stop Loss to preserve profit or loss.
In order to turn to the uptrend line, it must rise to the 20.397-21.592 section and receive support.
As the OBV on the volume indicator increases green, it remains to be seen if the center line can rise.
It remains to be seen if the CCI line can rise above 100 on the CCI-RC indicator.
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(SNXBTC 1D chart)
We need to see if it can rise along the uptrend line (1).
In particular, it remains to be seen if the volatility around March 26 could increase more than 3280 Satoshi.
In order to turn to an uptrend, you must get off the downtrend line.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
SNX 4h bullish divergenceWhat the chart shows.
let's cross our fingers that BTC doesn't dip further, and it should play itself out. super tight SL
SNX Dragon/BatSnx forming a dragonesque structure, supported by a bullish Bat and daily class B classic bullish divergence. Hold 17.9 and you could run to 22.6 on the daily very fast, so it's easy to manage risk on this one. #prayforbitcoin
SNXUSDT analysisSNX have strong support in 17$ in Daily and 4h timeframe . and it have bullish divergence rsi in 4h timeframe
all this signs , could be good for long position in midterm .
note : if breakout strong support , it could be change every thing !
SNX-USDT(Ascending Triangle Breakout)With $2.97 Bn locked in the derivatives segment, Synthetic holds ~82.1% dominance in this niche.
SNX hit its All-Time High of ~$28.98 on Feb 14. Since then, it has been consolidating in an Ascending Triangle and has given a breakout at the time of writing.
Key Levels to look out for:
The support is present at ~$18.5, and the bull rally is most likely to continue to the levels of $24 and $27.
SNX/USDTIt seems like SNX is trying to break out of Komo cloud and the trendline, I'm waiting to see if it does, then after a successful pullback I will enter long, first target 28.198
SNXUSDT (SYNTHETIX NETWORK TOKEN) - POTENTIAL BREAKOUT ANALYSIS 🔎
- SNXUSDT brokeout above the double bottom (DB) neckline resistance (NR).
- The market hit an ATH and retraced.
- Price retested the key fibonacci retracement zones (0.5 - 0.618 - 0.786).
- A daily timeframe bullish pin bar (BPB) was formed at the retest area.
- Price action is printing a pennant pattern (PP).
- A pennant pattern is a trend continuation pattern.
- A bullish trend continuation pattern in this case.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the pennant pattern's (PP) inclined resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the pennant pattern's (PP) inclined support.
SNX looking strongman a bunch of alts look like they want to run haaaard
layer 2 liquidity projects like uni snx compound 1inch zks n so masny more even matic r looking very very strong
_HGM
SNXUSDT - Next potential movesTwo potential path I see Synthetix could take here.
From my point of view the mos probable one is the bullish path.
Good luck!
🆓Synthetix Network/USDT Analysis (18/3) #SNX $SNXThe buying force has appeared at the 18-19$ zone and this may make a new rally on SNX up to 52$ zone.
SNX is really promising to be invested.
📈BUY
-Buy: 18-19$. SL if B
-Buy: 21.5-22.5$ if A. SL if B
-Buy: 25.5-26.5$ if A. SL if B
📉SELL
-Sell: 21.5-22.5$. SL if A
-Sell: 25.5-26.5$. SL if A
-Sell: 35-36$. SL if A
-Sell: 51-53$. SL if A
♻️BACK-UP
-Sell: 18-19$ if B. SL if A
-Buy: 11-12$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Synthetix Network Token (SNX) - March 18Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
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You should watch for any movement that deviates from the 16.809-20.397 section.
It remains to be seen if the volatility around March 23rd (March 22-24) increases above 20.397 points and breaks the downtrend line.
If you go down at 16.809, you can touch 13.222, so you need a Stop Loss to preserve profit or loss.
In order to turn to an uptrend, it needs to be supported in the 20.397-21.592 range.
-----------------------------------------
(SNXBTC 1D chart)
You should see if you can climb along the uptrend line (1) and climb above the 0.0003403 point.
In particular, it remains to be seen if it can deviate from the downtrend lines (3) and (4).
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to know that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
SNX is too underpriced to be missed!based on these simple analysis, SNX is proven to be underpriced. im using ema and rsi indicators, and using snr and trendline drawing method. i hope this is helping you guys to make your decision, goodluck!
SNXUSDT (SYNTHETIX NETWORK TOKEN) - POTENTIAL BREAKOUT ANALYSIS 🔎
- SNXUSDT was bounded in the falling wedge (FW) pattern.
- A falling wedge pattern is a reversal pattern.
- A bullish pattern to be precise.
- Price brokeout above the falling wedge's resistance.
- The market is consolidating in a rectangular pattern.
- This rectangular pattern consolidation is known as the accumulation phase (wyckoff method).
- The accumulation phase is a pre uptrend phase (bullish build up).
BUY ENTRY ⬆️
- Breakout above the accumulation phase horizontal resistance level.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
SETUP INVALIDATION ❌
- Breakdown below the accumulation phase horizontal support level.
- This breakdown invalidation will probably lead to the retest of the falling wedge's support.
SNX fib totalityNot a financial advisor
I've been waiting for SNX to kick some more ass. Long term bullish on this project so refused to sell out completely to be honest. I think its about to pay off soon. 19 is very low for this beast in my opinion. I've done a lot of fib placements. Lets watch where the price goes and how well it will work in the future.
Circled some crossovers of the two current fib channels which I believe are both more or less active still.
If we break down, the circled points could be good approximate places to fill your bags. Lets see where this thing goes!
SNX UpdateHello Traders,
In reviewing my Analysis of SNX, I realized that there in a confluence of the MM Series Long and the ATWHWB long. In my trading style, I always prefer to use the ATWHWB given that price triggers the entries.
I'll link the previous chart so hopefully some of you will see the difference.
Happy Trading, always manage risk.
Quality in trading is the ability to react to one's own psyche
