SNXshort on point with bearish momentum
afer an impulsive to upside
we need to correct the move
enjoy
SNXUSDT trade ideas
can we climb back above support 👀SNXUSD broke a strong support area on daily chart, once we climb back above 3.50 we can target 4.52-5.69-6.87+ but waiting for a confirmation breakout. until then some downside is still possible
SNX/USDTSNX / USDT
It is in a trading area and has lost both its support and its uptrend line.
The $ 2.18 range is expected to continue to fall.
#SNX #BTCUSD #ETH #LUNA2 #LUNC
SNX - Snaking into the rabbit wholeReasons to take short
⭐️ BTC is bearish
⭐️ Trend bearish
⭐️ Level is 13d old
⭐️ Level is visible on multiple timeframes
⭐️ Volume at top
⭐️ 4th touch
⭐️ Under VWAP
We need more accumulation near the level before considering short. Instrument has to consolidate
Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
[ALTCOIN] SNXUSDT TREND LINE ANALYSISHello, everyone
We're a team that specializes in chart analysis
We will always analyze and provide you with charts to help you sell
There are so many trading laws and there are so many good technologies that come with them, but I'm confident that the trend line is really strong.
If you read the point of view and get to know the line, every line will adjust
Thank you.
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Chart Analysis Content -
It is one of the coins that our team is watching.
It is giving a lot of support in the deep yellow downward trend. It is a very reliable downward trend that has never been missed.
This means that even if it falls, it only falls to this trend line.
Currently, it is rising along the thick red upward trend, but there is a high possibility that it will reach the thick yellow downward trend once again.
First of all, if you break through the blue sharp downward trend line, test it, and settle on the upper thick red upward trend line, it will be a stable sale.
SNX broke out trend line#SNX/USDT
$SNX broke out descending resistance.
🐮 price can increase to ascending trend lines around $2.8 and $3.1
SNX/USDT-12H-BINANCE(Bullish Butterfly)This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
SNX still looks bearish With SNX breaking down in a bearish trend, it seems unlikely that the support will hold. The next leg of the structure has the potential to tap the liquidity area. This area will tap the stop hunts. The price of this area is ranged from $0.5-$0.6.
Long?ABC complete, wave 1 complete, waiting to see where the market is headed in order to see if this wave 2 retracement is already over, if so.. expecting wave 3 to hit 1.618 around 18 usd.
NFA
SNXusdtscalp
easy invalidation levels
range low
cpi data comes out on the 11th though so could see continuation to the downside on data release
$SNX AccumulationBulls look stronger than the bears here. Momentum behind the protocol with the introduction of leveraged perps.
Long above the trendline noted.
SNX TA - maybe big trade opportunityI opened a Long just few days ago. Let's see what will happen 🚀. Just remember: Stick to your plan and have a good risk management 👍
And that's the main reasons I decided to take a long on SNX :
► Bounce from the previous support bottom of this triangle.
► Very very high risk reward ratio
► It's very oversold on the RSI
But I am still neutral to this chart!
⚡Just to notice. We ar right now in a very volatile market phase in the crypto. Crazy and unpredictable things could happen. That's why you should use a stopp loss. ⚡
Disclaimer: DYOR. No financial advice. Just for your impression.
SNX at a golden levelSNX should make a 20% correction from this retracement level. The next resistance break or retest will be the determining phase for SNX.
Wave 5 missing before bounce?Wave 5 missing from this move, expecting to go lower around 3.9 usd.
NFA
SNX - Broken out and retracing. Get Ready?!Looking like a solid breakout on SNX. I expect this to continue fairly shortly.
SNX is an early market mover generally. This could signify a trend change into the market.
SNX longhello dears this is Faisal From Afghan crypto community
Snx is in a huge support area zone so here is everything for snx long , only it can hit stoploss if BTC doesnt played out well .
SNX/USDT: Accumulation zone!As shown on chart SNX is trading near its confluence area, and forming a rounded bottom structure on daily time frame signifying the upside potential is good for the coin.
I'd say its good time to accumulate, if market will provide good liquidity this coin has further more potential.
Key levels mentioned on chart
Synthetix SNXUSDT Weekly Chart possible breakout SNX has been making great moves lately (attempting to invalidate the resistance line that keeps hanging around its neck, and SNX's introduction of synthetic gold and silver can be a game changer, might be slow, but this is in demand for sure. Follow it and see if a massive breakout is in store!
snx, hopefully a bounce is immanent, Took a trade here yesterday, we are back at the buy zone after hitting tp1. Still looking good for a bounce here, had a good bounce from the year open and now bouncing on the daily. The main tp target is the Monthly open and leaving about 15-20% to ride higher to Q3 open if we get there.
SNXbroken out of longterm falling wedge
obv going sky high bullish
and theres still some bullish div to play out i think
might not reach the .618 in the near term
but this is a bullish setup
and the network just recieved a big upgrade as far as im aware
SNX, mid-line band operation, profit margin 20%+SNX, 4h level operation:
Direction: Buy & Go Long
Good entry price: under 5.8
Stop Loss Price: Below 5.365
Take Profit Price: 6 6.3 6.9 7.4
Good look!
