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SNXUSDT trade ideas

SNX - PRICE ACTION UPDATE - Coiling Up For A Move Higher???In this video I continue to cover Synthetix which still appears to be on track to produce a move higher. There are many different points of interest that add credence to this idea which I also cover. The target is still and will always remain the all time highs especially if this trend change remains intact. We are seeing the potential topping process with this move being the last move before the massive decline ahead. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
Long
by AriasWave
SNX - PRICE ACTION UPDATE - A Series Of 1-2 Patterns.In this video I continue the coverage of Synthetix as it looks primed for a move higher. In this video I go into a bit more detail as to how to I see the entire correction complete for Green Wave 2. A confluence of meaningful support areas have served as a good base for the next move higher. If you are aware of how these patterns unfold then you will understand that the next move will need to be a sharp move higher. Third-of-a-third waves are usually the strongest part of a 5-Wave Move and also provide clues as to how they will continue to move along the way. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
Long
by AriasWave
SNX - PRICE ACTION UPDATE - Bigger Picture Leads This Analysis.I'm Back! In this video I mention my 1 week ban which expired earlier today which leads me into what is happening now. It is no big deal that we have seen what we have seen and if we do go lower, it would seem unlikely. Sure there were a few things that didn't seem right from the start but this analysis sums it up. Why would everything else point to a move higher but yet this moves lower? Do you think it will happen? Well I guess you should think about why you are thinking those thoughts. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
Long
by AriasWave
Snx/USDT Short📉Previous important support and resistance zones: ***s1: 2.986 ***r1: 3.979 ***r2: 3.466 ***r3: 3.393 Conditions for short: 1. Rising wedge breakout 2.trendline breakout 3.momentum indicator trendline breakout 4.resistance from previous resistance ***r1 zone 6.Money flow index turned red from green 7.volatility has increased 8.di- is above the di+ 9.adx line is above 20 level Stoploss: 1.above the previous resistance zones of ***r1: 3.979 Take profit: 1.take profit is dynamic or trailing stop loss/take profit Exit point: 1.will be updated later in the comments box P. S: trade at your own risk
Short
by TrueUrBoss
3
SNX - PRICE ACTION UPDATE - The Drop Has Begun!When I say drop I mean for Wave (C) of Wave D which means the target is at a minimum $2.10 from current levels. If you would have seen my previous update posted yesterday you would have considered going short. Now in this update I provide you with further analysis which provides a higher probability of lower prices. As I have been mentioned lately I am covering 4 different crypto's so I am getting more of a sense as to what in happening in general. It appears as the though we have 2 more waves to complete before another large sell off. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
Short
by AriasWave
1
SNX - SYNTHETIX - PRICE ACTION UPDATESo in this video I discuss a potential short-term top in this Crypto. I highlight the weakness at the highs followed by a sharp 5-Wave reversal. Depending on how low we go in this next move lower will determine what should happen next. When these changes occur and you don't understand the pattern or it doesn't make sense, then it is always a good idea to play devils advocate and consider the potential for a bearish alternative. Especially when the markets get as choppy as this has been. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
Short
by AriasWave
SNX - SYNTHETIX - Top Gainer Right Now - Learn The Waves!Days ago I scanned through all of the top 30 crypto projects and identified this project as a possible top gainer. Which by the way is a top gainer on that coin market cap website. This idea is something that will remain on this profile forever because as you know we cannot edit or delete ideas. Let's see how this particular idea ages. Down below in related ideas I have linked all the previous video ideas that relate to this. See for yourself and learn the waves on the AriasWave website. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
Long
by AriasWave
SNX - SYNTHETIX - PRICE ACTION UPDATEIn this video I once again show you with proof and conviction how AriasWave has kept me in this trade despite the deep retracement. One of things I teach my members is that indicators and oscillators don't work and will likely cause you to get frustrated which will lead to more losses. The reason for this is because you have no proper and well established underlying reason to get into trades. Unless you are an insider trader or some kind math wiz let's face it, it is hard to understand where the patterns will go. When I first decided to create AriasWave, I saw it as a game of complex puzzles that have an underlying theme behind them. This is why you see these type of movements most of the time when I post these ideas. If you are sick and tired of losing money hand over fist maybe you should find out what is making you place these trades in the first place. Check out the previous SNX videos linked below. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
Long
by AriasWave
3
SNXSynthetix’s SNX token rose over 14% in the past 24 hours as developers said the protocol’s decentralized autonomous organization (DAO) had renewed a deal with liquidity provider Jump Crypto. DAOs are entities that have no central leadership, and are owned and governed by their members. Their decisions are carried out by software rather than by human managers. “Jump Crypto’s experience in data-driven trading and liquidity provisioning will complement Synthetix’s mission to become the liquidity backbone for on-chain derivatives,” developers said in a tweet on Thursday night. The Chicago-based trading firm is expected to work closely with the Synthetix network to provide liquidity across listed assets and product feedback. Jump Crypto provides liquidity services and investments, and it participates in project governance. Synthetix didn't immediately respond to a request for comment. SNX rose to as much as $3.37 during Asian trading hours before profit-taking caused the price to decline to $3.25 at press time. The tokens have gained over 19% in the past week, but only 4% compared with the past month after a market-wide decline pushed prices to monthly lows of $2.13 in early July. However, the fundamentals remain strong. Since March, Synthetix has recorded trading volumes of over $2.8 billion, mainly from its atomic swaps and perpetual swaps products. Atomic swaps refer to an exchange of cryptocurrencies from separate blockchains. These use Uniswap and Chainlink live prices to ensure traders' accurate execution. Popular products on Synthetix include ether (ETH), bitcoin (BTC) and chainlink (LINK) token derivatives traded against Synthetix USD (SUSD), a dollar-pegged stablecoin. The pairs have seen over $40 million in trading volume in the past 24 hours, Nomics data shows. Market Cap $355,347,258 On the technical side: If we consider the weekly TF. We have a weekly timeframe built on big timeframes. You can work from the border of the lower channel and gain position during the test.
Long
by MaxsimusTrade
18
SNX - SYNTHETIX - PRICE ACTION UPDATEIn this video I want to sort out the boys from the men. You are either a bull or a bear. you cannot be both. See here in this video a whole bunch of my my thoughts freely available as we head towards at least seven dollars. Being a trader doesn't just mean buy at the right time or even selling at the right time. it requires conviction and a firm grip of what is to be expected from from action. If you follow a trend following system then how accurate is your exit strategy? I believe that any type of strategy is prone to failure especially if you do not know how to read waves. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
Long
by AriasWave
SNX - SYNTHETIX - PRICE ACTION UPDATEJust a follow up video to the previous introduction to the AriasWave interpretation of SNX. The previous count was only slightly off with critical support maintaining price action contained. After quite a strange looking 1-2 pattern this eventually started exploding to the upside. Needless to say it was another good pick amongst these times where good moves are hard to find... early. The aim here is to try and get into these trades in a timely manner and AriasWave predicts the price action which allows it. I have linked the previous SNX idea below. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
Long
by AriasWave