Synthetix shortSynthetix broke trough the support level. Asset broke trough the ascending trendline. Bearish movement to support level at 2.6 is possible.
SNXUSDT.PS trade ideas
Snx Looks solid For recovery Seems Like Snx Bulish Moves Will Continue
Forming Bulish Pennant In h4 timeframe
Incase Of Breakout Expecting 40 to 45% Bulish Move
SNXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for SNXUSDT
Here we have R2 and R1 as the resistance areas that express the price was not able to rise at different points. S1 used to be a resistance line. And S2 is a long-term support area in this chart containing the support of price even since the past. Thus, we have the price fluctuating over S1 line in a rising trend after breaking this line upward and we expect it to resume its rise and reach R1. Then by having some rising signs there, we would wait for an increase. So if we receive some confirmation candles to rise, an increase would take place for the price to break R1 upward and even move rise toward R2 area would happen in case the price is supported at R1. In case R1 area is lost and the price is not supported, more fall is predicted there for it to touch lower amounts. So we suggest you to put your trade orders by the time the price is on the pullback toward S1. If the price falls below S1, definitely more decline will happen. Please bear in mind to wait for some confirmation candles in order to make sure what will happen next and act precisely and well.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
SNX looking good overall2 month chart closing today. Anything over 2.95 and this coin should have legs to run.
Synthetix (SNX) Ignites Market ExcitementIntroduction:
Synthetix (SNX) is a decentralized protocol that allows the creation of synthetic assets on the Ethereum blockchain. It has been gaining popularity in the cryptocurrency market due to its unique functionalities and innovative approach to synthetic assets. In this technical analysis, we will examine the SNX/USDT trading pair and provide an overview of its current trend and potential price movements.
Current Trend Analysis:
SNX/USDT has been moving in an uncorrelated manner compared to most of the coins in the cryptocurrency market, indicating strong price strength. This strength can be attributed to the major resistance level that was broken on the daily timeframe. This breakthrough suggests that the mid-term uptrend is likely to continue.
Price Predictions:
Based on our technical analysis, we anticipate a major 40% price increase from the current level. However, investors need to watch out for a new lower low, as this could invalidate the bullish outlook.
Conclusion:
In conclusion, the SNX/USDT trading pair presents a promising opportunity for investors to participate in the growth of the Synthetix protocol. Its unique functionalities and innovative approach to synthetic assets make it a valuable addition to any investment portfolio. With the current trend and potential price movements, it is crucial to stay informed and vigilant to make the most out of this opportunity.
SNXUSD Descending Broadening Wedge Double Bottom Breakout TargetSNX has Double Bottomed within this Broadening Wedge Pattern and is now attempting to Breakout of the Wedge and close above a major weekly candle close. if it can successfully do so i think it could easily target up to the 0.618 Fibonacci Retrace.
SNX CUP AND HANDLE BREAKOUTSNX forming cup and handle pattern on 1d time frame and increase in volume confirming bullish move
SnxUsdt big updateSNXUSDT is about to great pump.
Immediately buy at 2.62 this will cross 2.80+ .
So there is a huge chance to double your investment
SNX has been around for a while and is not going away. Synthetic Network Token already made a 100%+ move already!
Don't ace this one out, measured move on the daily could see another 48%?!?
Who knows, DEFI is gonna be a good sector, IMO.
I know, AI will be a good one too.
Good Luck Out There!
SNX USDTSNX USDT buy/long idea swing trade
entry zone 1.533-1.551
invalidaiton 1.3489
take profits 2.933, 4.185
SMC + Price action
SNXConsidering the end of the G wave and the sharp movement after it, we can expect a rally to the prices of 3.5 and 4.2. Let's see how it goes.
Snx Breaking Descending ChannelBreaking descending Channel In 3day Timeframe
Incase Of breakout Expecting 200 to 220% Bulish Move
Keep Eyes On Snx for Breakout
long SNX$SNX is bouncin off the support level and the ascending trendline. Bullish movement to 2.91$ is likely to happen.
SNXUSDT buying long and longLong for SNXUSDT, buying long and long,it's time to start buying SNXUSDT,,at limit order
BINANCE: SNX/USDT (break out)+up to 160% growth possibleHello dear bitchargers,
as i suggested earlier this week about SNX recently price managed to break out from 2.8$ and absorb supplu succesfully. price moves in a trading range between 1.4$ and 7.2$. this means we are still early to buy this coin. Weekly time frame shows a HH after a HL and gives bullish vibes. i will open trade based on below setup. This is the first part and after breaking midline of TR i will update this post. Please as always DYOR before taking any financial decision and hit like if you liked it.
🛒 Pair: SNX/USDT 🛒
== SPOT==
⏰ 1401/11/18 ⏰
🕰 07.02.2023 🕰
Duration:
📈 SHORT - MID 📈
Ex: Binance
#101
🛒 Buy : 2.75 - 2.85 🛒
👉Sell Targets👈
🎯TP1: 2.95 🥉
🎯TP2: 3.19 🥈
🎯TP3: 3.45 🥇
🎯TP4: 3.75 🚁
🎯TP5: 4.00 ✈️
🎯TP6: 4.30 🚀
⛔️ SL: 2.40 by closing D1 below
snxThis is my technical opinion and not a recommendation to buy or sell
SNXUSDTP 1H
short from FVG SL 2.904 TP to PRZ
long from PRZ SL 1.994
SNX - whale's darling - bullish structure$SNX - Weekly Chart
- reclaimed weekly bullish structure
- 200d SMA, 200d EMA, 21d EMA sitting very close below current price
Still held by many whales wallets.
SNX about to implement v3 w/ plans on becoming a major liquidity hub, provinding real yield in the decentralized derivatives landscape.
SNX... GOOD PROJECT, BUT..."Knocks" on the resistance if there will be no bad news it will break through and grow. The project is good.
Just follow the ETH
SNX 2423Amazing and powerful structure being put in. Many alts are setting up for 2x shots that will melt up very quickly.
SNXIdea: the price is trying to break through the upper border of the falling channel. The POC level is the key resistance for the start of a global uptrend. The price is in the strong overbought zone
