Get started

SNX / TetherUS

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

SNXUSDT trade ideas

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🌴
Long
by MyCryptoParadise_Simon
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! #PEACE
by Cryptorphic
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!
Long
by CoreCrypto1
SNXUSDT.PHello Trader BINANCE:SNXUSDT 1 day chart shows patten Ihns, but for the right soulder it is not 100% valid at this time. You can monitor it or if you want to try to enter, just go ahead. It is not recommended for futures, if you really want to enter futures, the maximum leverage is to use only 2-5% entry area : market price - 2,597 take profit 60% stop loss 10% Please add a comment and Positive feedback and constructive criticism are important to authors and the community. Disclamer: Not Financial Advice
Long
by mfiqrihanafi
2
SNX buy setupSNX seems to be getting ready to move to the supply side. A bullish CH and hitting higher bottoms is a bullish sign that we have on the chart. The target is supply Closing a daily candle below the invalidation level will violate the analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
Long
by iMoneyTeam
Snxusdt Trading opportunitySNXUSDT has broken out of a downtrend channel, and the pullback has shown a strong bounce, presenting a favorable opportunity for bullish movement. The important demand area serves as a good zone for re-accumulation if the market provides the opportunity. In the event that the price continues to hold up and breaks our immediate resistance level, our plan is to go long on the pullback towards it, targeting the provided levels on the charts, including the internal supply zone and the external supply area as the final setup target. Your engagement with comments and likes will be appreciated. Thank you.
Long
by weslad
7
#SNX/USDT #SNX We have a bearish channel pattern on a 12-hour frame, the price moves within it, adheres to its limits well, and is expected to break it upwards strongly. We have a support area at the lower border of the channel at $2.50 from which the price rebounded We have a tendency to stabilize above moving average 100 We have a downtrend on the RSI indicator that is about to break higher, supporting the price higher Entry price is 2.60 First goal 3.26 The second goal is 3.60 The third goal is 4.20
Long
by CryptoAnalystSignal
SNX - a sleeping giantFor those who don't chase what is hot in the now. And want to accumulate what has strong fundamentals and a good value proposition to make a run later in this cycle. I suggest doing a deeper dive into Synthetix and all its ecosystem has to offer. Under a billion FDV as of publishing (883M) - the fundamental utility of holding SNX allows the holder to mint SUSD at will = Creating digital dollars has always been one of the best fundamental usecases of Defi. Top it off with the strong possibility of an Infinex airdrop, the latest and innovative hybrid CeX/DeX built by many of the same team as the Synthetix creators. Strong ecosystem, fundamentals, and prospective airdrop, I believe SNX is in deep value, accumulation range right now. Fibonacci retracement is very accurate in dictating levels of resistance and possible take profit strategies.
Long
by Bigglesmac