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SNXUSDT trade ideas

Snx/USDT Long📈Waited 3 hours for confirmation😴 Previous important support and resistance zones: ***s1: 2.552 ***s2: 2.500 ***r1:2.486 ***r2:2.749 Conditions for long: 1.Descending triangle breakout 2.trendline breakout 3.momentum indicator trendline breakout 4.support from previous support and resistance zone***s2 and ***r1 6.Money flow index turned green from red 7.volatility has increased 8.di+ is above the di- Stoploss: 1.below the previous support and resistance zones of ***r1: 2.486 Take profit: 1.price is likely to reach ***r2: 2.749 resistance zone if not we will exit with a reversal/exit point with no loss Reversal point/exit point: 1.will be updated later in the comments box
Long
by TrueUrBoss
4
SNX possible short - Cryptoz18█ Operation Information I expect a small downward momentum from SNX, mainly because it already had a momentum long before the existing one in the blockchain, so I think it will not be able to scale its value any further. █ Operation data • Entry price: 2.715 • StopLoss: 2.759 (Loss 1.62%) • TakeProfit Minimum: 2.672 (Win 1.58%) • Recommended margin: 5% of the Futures account • Recommended leverage: 1x. • Temporality: 15Min - 4H ✔️ Data: The user is recommended to move the StopLoss to entry once we reach the TPM or also known as the Minimum TakeProfit. In this way, if the trend is good for a longer timeframe, it will never touch the StopLoss placed on our entry. We will only have to pay the commissions in case we get the SL at the entrance. Being a 15-minute trade looking to take a 4H trend it is likely to have a fairly low Winrate due to the tight StopLoss however this offers us better risk management. We try to take a 4H trend using SL and TPM of 15 minutes. This way, we seek to obtain a profit of 100% between all operations. Only 5% of the account per operation could achieve our objective and thus obtain a return of 5-7% per month of the total account. This will be reflected at the top of our profile. █ Global data to take into account Bitcoin is currently in an uptrend in 4H. However, a lot of bearish orders trying to keep it below the 20500 prices. The daily trend is in play, take your precautions. █ Warning ✔️ Cryptocurrency operations represent a high risk. Therefore, this operation should not be taken as an investment recommendation. All I do is share my trading ideas publicly for the viewer to do their own analysis and decide to enter based on their own decision-making. The viewer is recommended to have good risk management in their operations. For this, take into account fundamental data from the Volume of the asset, Marketcap, Supply, Percentage change price, Current Volatility, Perpetual Data and finally, proper Margin and Leverage management Be careful, you can lose all your money in the future if you have poor risk management. Nothing more to say thank you very much.
Short
by Hi244me
SNX Falling WedgeSNX is in a crazy falling wedge waiting to breakout. The percentage of this pole is calling for this target, but we have to knockout the resistance zone I have marked. RSI and Momentum are really low and have the chance to flip bullish here. Any flip in RSI and Momentum will have us breaking out of this wedge. Min TP - $3.50 Stop - $2.70 This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD, RSI, Momentum, and resistance/support zones combined with patterns.
Long
by WaltrAlexander
1
SNXUSDT at Support - Seeing confluence to go longSynthetix has been ranging between the current support of $2.95 and $3.60 I'm seeing a few points of confluence at support and see on the TPO and 30minute imbalance chart that there is a possibility of short traders being trapped at the low if price moves up sharply Confluence: 1. Fibonacci golden pocket area 2. Value area low of the fixed range 3. Possible Trapped short traders 4. Failed aution on a TPO (Time Price Opportunity) chart 5. Bullish divergence on the 15m (Vumanchu cipher b) Not Financial advice. DYOR. Papertrade before using real money. If you like this idea, please comment, give a thumbs up and follow for more ideas like these. Safe trading guys! Shawn
Long
by zartraderguy
2