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SNX / TetherUS

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SNXUSDT trade ideas

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
Synthetix Long-Term (868% Potential Profits)We have an interesting one here with Synthetix (SNXUSDT) and we start right away with the potential profits... Looking at the current price vs the All-Time High, we see a massive 868% potential for growth... If we zoom in and look closer, we can notice the highest volume ever for this pair, SNXUSDT, signaling that the bottom is likely in and a trend reversal is due. I will not show the chart here but you can zoom by hitting the "+" sign on the chart to see what I mean. (Focus on the volume indicator) After activating the June 2020 support (2 years), Synthetix is preparing for bullish growth. Namaste.
Long
by AlanSantana
14
📊 SNX moved 70% up ! Will it fall back down?Hello, dear TradingView members. This idea is an SNX analysis. SNX moved 70% up after their tweet. And the exciting fact is that the market is still not overbought. On a daily basis, the market isn't strong enough. Still, if we shorten the timeframe, we can see a bit of potential for moving higher. Two scenarios are possible for this chart: Scenario one: The price will push straight up or use support to break the resistance to the higher resistance levels Scenario two: The price will stay below the resistance area, and it'll lose power to reach higher levels in the next couple of days. The Speedometer indicator shows Buy volumes on the market for SNX on a 1D interval. Now have in mind: ANY news about this coin can cause a big pump or dump at this moment! Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.
by ShawnMCR
20