SNXUSDT trade ideas
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
INSTANT PROFIT SNX FORMED DIAMOND PATTERN ON ONE HOUR CHARTFormed reversal chart pattern called diamond pattern with huge volume, if its break the patter. A huge intraday opportunity for massive profit.
Watch carefully....Take short position around 5.2 4.16.....after breakout and retest....
Profit Target is 4.71.
Unload 70 percent at this target and rest 30 percent Target 4.3 with strict stoploss of 4.91
SNX breakout longPrice is in a falling wedge, a bullish indication. We are currently breaking that wedge and a resistance zone on the daily chart. After forming a rounding pattern on the 4h chart, price broke thru a potential double top pattern with a high volume breakout candle. Total market making a run to the upside following a break of a bullish flag on the total index chart
SNX/USDT READY TO GO $12....Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this SNX/USDT TRADE setup. SNX looks good here.
SNX is breaking out the falling wedge in the daily time frame. It also breaks out the 50ma which acts as good resistance. All we need is a daily close above the 50ma and the falling wedge.
You can buy some now or you can wait for the clear breakout. I'm buying some here and adding more in dips.
Entry range:- $4.5-$4.9
Target:- 150-170%
SL:- $4.12
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
🆓Synthetix (SNX) Mar-10 #SNX $SNX
SNX has quickly conquered the $4 zone and in the near future SNX may continue to rise sharply to the $5.50 zone or even higher in the near future.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 4$ zone
🔴Buy : 4.5 - 4
🔴Sell : 5.5 - 6.5 - 7.5
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 4$ zone
🔵Sell : 4
🔵Buy : 3.4 - 3
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
SNXUSDTIt is the expected position by selling with the expectation that the value of a good or financial instrument will decrease at a future date.
A short position is taken with the expectation that the price will decrease. When a short positioned instrument, stock or commodity loses value, a profit is made and it is possible to buy the relevant instrument at a low price afterwards. It is heavily used in spot and futures derivatives markets.