SNXUSDT: Trend in daily time framePlease pay special attention to the accurate trend, and very accurate colored levels Be careful BEST MTby MT_TUpdated 9
SNXUSDT / TRADING BELOW TURNING LEVEL - 4HSNXUSDT - 4H TIME FRAME HELLO TRADERS Tendency , prices is under downward pressure , until trading below turning level at 1.557 . Downward Condition: With the price holding steady at the current turning level at 1.557 , it is likely to decline towards the support level of 1.445. If it stabilizes below this level, it could then reach the next target level of 1.284 . Upward Condition : for an upward , a potential is expected if the price breaks the turning level at 1.557 , leading to a rise toward the resistance level (1) at 1.660 . For a sustained increase, the price must breaking the resistance level (1) to reach the next resistance at 1.767 . TARGET UPWARD ZONE : RESISTANCE LEVEL (1) : 1.660 . RESISTANCE LEVEL (2) : 1.767 . TARGET DOWNWARD ZONE : SUPPORT LEVEL (1) : 1.445 . SUPPORT LEVEL (2) : 1.284 . TURNING LEVEL : 1.557 .Shortby ArinaKarayi7
#SNX/USDT rejecting from the Diagonal Trendline in 4-Hour TF!#SNX/USDT rejecting from the Diagonal Trendline in 4-Hour TF! Wait for BO/retest to open a long position. The local support level is PWL $1.218 and the resistance level is PMH $2.066.by TraderAAG1
SNXUSDTSNX did break and retest and ascending triangle, which in most cases is a continuation, Its Monday already here, lets start with SNX long on with closed targets. cia0 Longby hazaq4
SNXUSDT ( INSIDE ACCOMULATION ZONE ) ( 4H )SNXUSDT HELLO TRADERS Tendency , the price is under bearish pressure , until trading below turning level at 1.395 . Turning Level: The price is currently trading below this level around 1.395 . As long as it remains stable and stays below this level, a drop toward the support level (1) is likely . However, if the price breaks above this level and a 4-hour candle closes above it, an upward move toward the resistance level (1) can be expected. Resistance Level (1): around 1.530 , The price is currently below turning level . To reach this level, the price needs to break and close a four-hour candle above the turning level at 1.395. If the price reaches 1.530 , and stabilizes above it, it will likely attempt to reach resistance level (2) . Resistance Level (2): When the price breaks through Resistance Level (1) and closes a 4-hour candle above it, this suggests it could reach around 1.658 . To confirm an uptrend, the price needs to reach this level before moving on to Resistance Level (3) at 1.829 . Support Level (1): As long as the price remains below the turning level of 1.395, it suggests a drop towards 1.226 . If the price reaches this level and stabilizing below it, it will likely attempt to reach Support Level (2). Support Level (2): When the price breaks through support level(1)and closes a 4-hour candle below it, this suggests it could reach around 1.115 . To confirm a downtrend , the price needs to reach this level before decline on to support Level (3 )at 1.005 . Channel Trend: the trading rate within the descending channel . TARGET LEVEL : RESISTANCE LEVEL : 1.530 ,1.658 ,1.820 . SUPPORT LEVEL : 1.226 , 1.115 , 1.005 . Shortby ArinaKarayiUpdated 5
SNX Possible SHORT Setup - Aug 15 2024Crossing Below the blue trendline will most probably take SNX to much lower levels. (Possible rising wedge pattern) TPs: 1.225 - 1.138 - 1.070 - 1.0 - 0.93 Don't use high leverage and set SL just above the blue trendline.Shortby AlgoBotTrading0
SNX (Synthetix): Falling WedgeTrade setup : Price is in a downtrend, however, it's trading in a Falling Wedge pattern, which typically resolves in a bullish breakout and a trend reversal. We wait for such a breakout. Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order. Learn to trade chart patterns in Lesson 8. Trend : Short-term trend is Strong Down, Medium-term trend is Strong Down and Long-term trend is Strong Down. Momentum is Bearish but inflecting. MACD Line is still below MACD Signal Line but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing an upswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $1.00. Nearest Resistance Zone is $1.85, then $2.50.Longby altFINS2
SNX (Synthetix): Falling WedgeTrade setup : Price is in a downtrend, trading in a Falling Wedge pattern. Swing traders: price is approaching the Wedge support trendline and $1.00 horizontal support, and is oversold (RSI < 25!), which makes for a good trade entry, with +50% upside potential to $1.50 key level. Stop Loss at $0.87. Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order. Learn to trade chart patterns in Lesson 8. Trend : Short-term trend is Strong Down, Medium-term trend is Strong Down and Long-term trend is Strong Down. Momentum : Price is Very Oversold currently, based on RSI-14 levels (RSI < 25). Support and Resistance : Nearest Resistance Zone is $1.85, then $2.50.Longby altFINS1
SNX - Yes, another double-bottomI keep finding these nice double-bottom setups across the board, so why not share it :) SNX is currently trading at the range lows around 1.40-1.50$, think there is a decent chance we see SNX pushing into 3$ coming weeks, which would yield a nice ROI with a tight risk/reward. I said this before, double-bottoms probably are the most reliable patterns you could ask for with a slim chance of failing. Of course, it can happen, but usually not without some bad news regarding the market (hacks, bans and the like). Anyway, you should still have an idea upfront of what you want to see but more importantly what you DON'T want to see and adjust accordingly. Once in position stick to your plan as systemic as possible to limit your emotions - Because emotions such as fear and greed are going to cost you everything in the long run. Stay safe!Longby TV288556
#Snx 1W chartNYSE:SNX 1W chart; At its level in June 2022. Therefore, it continues its course in the cheap zone While the pattern formation with its harmonic structure continues, it is also nearing the end of the trend contractions from October 2021 and March 2024 After the movement on the Bitcoin side, we may see a journey up to the target zones on the chart OB will complete its pattern with the resistance level seen. Longby ugurtash1
SNXUSDT 1WSNX ~ 1W #SNX In the past this was a very strong demand zone for price bounce. At least for a 20%+ upside from here.Longby CryptoNuclear1
#SNX/USDT#SNX The price is moving within a descending channel pattern on the 4-hour frame and broke it upwards after adhering to it significantly We have a downtrend on the RSI indicator and it was broken upwards and we have a trend to stabilize above it We have a major support level in green at a price of 1.60 We have a trend to dot higher than the moving average 100 Entry price 1.72 First target 1.88 Second target 1.98 Third target 2.11Longby CryptoAnalystSignal1
SNX LONG ideai see SNX in range (consolidation) now we did have 3x bottom, and agresive downtrend line brake. + CTB (couter trend line brake - orange line). I would rather see trend brake before enter long, but i think its worth trying anyway becourse bullisht sentiment on crypto. Longby MKtrejdingUpdated 1
SNXUSDT At a Crucial Point: A Major Breakout or Breakdown Ahead?Yello Paradisers! Could #Synthetix be on the cusp of a massive breakout or a steep decline? The charts are heating up, and the action around the #SNXUSDT is worth watching: 💎#SNX is gearing up for a major breakout from its descending channel on a daily timeframe. The price has consistently respected the trendlines within this formation, but recent developments suggest we could be on the verge of a significant move. 💎#Synthetix is testing the critical support zone of $1.72-$1.94, a crucial area brimming with liquidity. This zone could serve as a launchpad for a breakout above the descending resistance line, potentially marking a trend reversal and aligning with our bullish forecast. 💎There is a Major Support Zone at $1.72-$1.94. A bounce from this level could be the start of an upward rally. Watch for strong buying interest here. 💎If the liquidity at the major support zone isn't enough, we might see a move down to $1.39. A strong buying response at this level could still spark a bullish run for $SNX. 💎However, if both the major and lower support levels fail, #SNXUSDT might face increased bearish pressure, possibly leading to further declines. Remember, disciplined trading and patience are your best allies. MyCryptoParadise iFeel the success🌴Longby MyCryptoParadise_Simon5
SNX Technical Analysis in Weekly TimeframeHello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: The chart shows a historical trend with significant volatility, indicating potential for substantial movement in both directions. Currently, SNX is trading near its crucial support level at $1.50. A close below this support will likely pull the price toward the lower support at $0.731. The chart is likely to get invalidated for the bullish outlook if breached. The projected upside target of $28.935 suggests a massive potential gain if the price action reverses and gains momentum. An 18x gain isn't gonna be an easy task for $SNX. Key levels: - Crucial Support: $1.50. - Lower Support: $0.731. - Target: $28.93. - Invalidation Point: A close below the lower support. DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACEby Cryptorphic10
Less Lines...Less noise Just The important Levels.Less Lines...Less noise Just The important Levels. Jinny Gann Grid Levels are on the Chart possible Trendlines my WAY. Jinny Gann Grid/Horizontal Lines Works as Support / Resistance. Important levels for the Big Cycle on the chart. Trade Wisely.by Magic_xDUpdated 13136
SNX/USDT BREAKOUT DONE! LOOKS READY FOR A PUMP!!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis. SNX/USDT looks good here. Breaks out from the falling wedge-like structure in a 4-hour time frame and currently retesting it. Long some here and add more in the green box. Entry range:- At CMP and add more up to $1.84 Targets:- $2.08/$2.24/$2.38/$2.53/$2.74 SL:- If a 4-hour candle closes below $1.84 or if you don't pay attention then put your SL at $1.70 Lev:- Use low leverage(Max 5x) What are your thoughts on SNX's current price action? Do you see a bullish pattern? Share your analysis in the comments below!Longby CoreCrypto11
SNXUSDT 1DFalling wedge formation on the #SNX daily chart. In case of a breakout, the targets are: $2.560 $3.081 $3.502 $3.923 $4.523 $5.287by Bithereum_io1
SNX trade idea.Snx bottom is in and also did change of character and turned into bullish. As you can see sell side liquidity marked onto the chart. And also marked demand zone on chart which is my poi for long position.Longby Thebitcoin37Updated 0
SNX PUMPED 13% FROM MARKED DEMAND ZONE.SNX did very well, in previous idea I shared snx trade idea in demand zone. Price came into that demand zone, exactly entry filled and 13% profit done.Longby Thebitcoin370
My clear view on #SNXUSDT bearish are in position now let enter with good stoploss of 2% with high win rate Shortby Casty122
SNX/USDTThis token has been ranging inside diagonal channel, IMO it might aswell bounce again from here. trade AYORLongby hazaq3
#SNX/USDT breaks the Diagonal Trendline in 1-Hour TF!#SNX/USDT breaks the Diagonal Trendline in 1-Hour TF! NASDAQ:STX is looking good for a long position. The local resistance level is $2.995, and the support level is PWL $2.71.Longby TraderAAG3