SNXUSDT trade ideas
Synthetix (SNX) formd bullish Gartley for upto 15% pumpHi dear friends, hope you are well and welcome to the new update on Synthetix ( SNX ) token.
On a 2-hr time frame, SNX has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
SNX.Usdt (Y22.P1.E2). Accumulation zone Hi All,
#SNX #Synthetix
Based on the Wyckoff approach, we are close to breaking this complex range, much like BTC.
But we also have many conflicting signals that we can have a smaller rally so we need to take each level at a time and have your Stops strategically located.
All the best,
S.SAri
PS. Rumours about Optimism giving a drop for SNX holders.
SNX SUITED FOR AN OVER 300% PUMPwww.tradingview.com
SNS has consolidated to its original support and resistance trendline since Dec 2020, historical analysis suggest that a break out of this pattern will lead to a pump in price per SNX to around the $30 area. The current price if snx is 6.134. a pump to $30 will give and over 400% profits.IT MIGHT AS WELL PUMP TO $60 WE NEVER KNOW
SNX - Weekly - "ABC Correctional Wave Complete"Click Here🖱️ and scroll down👇 for the technicals, fundamentals and more behind this trade!!!
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🛑Disclaimer: My mission is to provide traders with the most realistic perspective. Sugar-coated analysis is not welcomed here🛑
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➡️Technical Standpoint⬅️
1.) Seems we have completed the ABC correctional wave structure.
2.) This is further confirmed by market makers calling for a reversal on 2/22 and 3/14.
3.) SNX may aim at the $9.50 range, and possibly an over-extension to $14 - $15 range.
➡️Fundamental Standpoint⬅️
1.) Later this week, $SOL, $AVAX, $MATIC, $AAVE, $UNI $GOLD, $SILVER, and $EUR will be listed with 10x leverage.
➡️Current Season⬅️
- Transitioning from bear season, to BTC and large market caps season (awaiting confirmation)
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....🎉🎉🎉Before You Go🎉🎉🎉…..
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..📚Indicator Legacy/Definition(s)📖..
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✨ Moving Averages(MA):
✨ TD Sequential (TDS): tradetrekker.wordpress.com
SNX.Usdt (Y22.P1.E1).Wyckoff SOS stageHi All,
#SNX #SYNTHETIX
Our group has been trading this on and off.
I wish I looked at it with the eyes of the wyckoff stages back then, to be more confident in the trade.
Have only spot trade now.
If you note how it aligns with the Wyckoff stages pretty well.
The targets are another discussion and we will cover that in our group.
Right now the DAILY RSI is over extended and it won't surprise me for a pullback soon.
Hence the ideal area to by is as shows.
All the best,
S.SAri