SNXUSDT trade ideas
#SNX #SNXusdt ideal buy setup synthetixHey everyone
SNX is at a bottom right now. Ofcourse it all depends on BTC, but if this bottom is held.. the breakout for SNX could be huge.. making a triple bottom at current level + triangle breakout.
As you can see, SNX is at the ATL for the chart.
SNX fundamentally is a fine coin, so I am not worried about that.
Ideal buy zone: NOW (4.5) to 3.2 (bottom of triangle)
If this setup fails, still a perfect coin to keep in our hodl wallets imo. Until better times arrive.
Gl traders.
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
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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.
$SNX Bullish Dragon ReversalReal nice bullish dragon here on SNX with bullish divergence at the 1.618 extension of the impulsive wave down. You really want to see it get back above local resistance here just under 6.00 if youre looking for the larger move. Historically thats where the big moves going to be. The bearish shark, and the dragon both would be looking for the .886 around 21-23$.
Even the local impulsive wave down is really clear and has diverged with a nice bullish reversal pattern. Important to dial this one in on the lower time frames for proper risk management of course.
SNX/USDT 2 HOURS UPDATE Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
SNX /USDT is making this bullish expanding Triangle pattern.
Entry: $3.75- $ 3.83
Targets- $3.99 - $4.22- $4.345 - $4.59 - $4.8
LEVERAGE-5X - 10X
Stop Loss: $3.5
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
Synthetix (SNX) Buy ZoneSynthetix (SNX) Buy Zone
--------------------
BIAS
Mid-Term : Bullish
Long-Term : Bullish
Risk : Medium
With a low of $4 zone Synthetix has just retested one of our deepest mid-term support zones at $4 zone where buyers prevented it from going any lower.
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$SNX/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 3.8 - 4.125
TP 1 : 4.25
TP 2 : 4.45
TP 3 : 4.65
TP 4 : 4.87
TP 5 : 5.1
TP 6 : 5.35
TP 7 : 5.7
TP 8 : 6.1
Stop Loss : 3.4
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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SNX Wave 5 4.236 (fixed)Assuming macro wave 4 has bottomed and we are running up now in wave 1 of 5
I have had to ignore the very unusual wicks in wave 1. But also tried to incorporate them in a loose sense where they do indeed show some confluence!
I admit this is a bit hopeful. The macro wave 3 is formed so nicely but the wave 1 is very problematic
My vague background knowledge is that fundamentally this is a potential blue chip providing financial derivatives services for defi which could be many $trillions industry in just a few years
fixed to show fibs properly
SNX Wave 5 4.236Assuming macro wave 4 has bottomed and we are running up now in wave 1 of 5
$1000 SNX would be $114B MCAP!
I think the ~$490 looks more likely either way timeframe is 100-300 days
I have had to ignore the very unusual wicks in wave 1. But also tried to incorporate them in a loose sense where they do indeed show some confluence!
I admit this is a bit hopeful. The macro wave 3 is formed so nicely but the wave 1 is very problematic
My vague background knowledge is that fundamentally this is a potential blue chip providing financial derivatives services for defi which could be many $trillions industry in just a few years
