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SNX / TetherUS

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SNXUSDT trade ideas

It’s going to get interesting very SOONThis chart looks really good to me: After reaching the all time high, price made some lower highs and as it was unable to creat a new higher high it dropped heavily and the market sentiment changed from bullish to bearish. The last bullish correction got rejected and retreated to the 618 fibonacci level, And we are currently trading above this level. We are holding well and the accumulation phase is lasting for about 2 months now. I think $SNX is ready to start a new bullish trend and it will happen this week. First target should be around $14 and I will wait and see the reaction of the market after that. Stay tuned and follow me on tradingview to get notified of the next step. Cryptosep ;)
Long
by CryptoSep
#5 | Synthetix Network Token vs Tether (SNXUSDT)I had multiple options for the last pair to share with you today, I found many mentioned in the comments section that looked good. These were CAKEUSDT and BZRXUSDT, I went for Synthetix Network Token (SNXUSDT) since we already have a trade active for this one. To spot these bullish charts, the Fibs can be very useful/important. Notice here how bullish action takes place above the 0.382 Fib. extension level, this is marked light blue. Each Fib. level here below the current price can be considered strong support. Above the current price, I call these resistance levels or targets. Since we have kind of a curve coming up from the candles, yes, I look at that... This can signal that things are about to move up. We have this curve pattern showing up, with increasing volume, bullish indicators, and prices breaking above EMA50... The rest is on the chart. Namaste.
Long
by AlanSantana
2
SNX Looking READY for Liftoff #SynthetixOn the daily charts I noticed that it appears that SNX could be forming one of the largest bull flags I've ever seen. This is not trading advice, but I'm personally long on SNX since it has yet to mark up and return to it's ATH this cycle leaving plenty of potential for gains. It's very possible that it could consolidate to gain momentum for a little longer, but eventually, SNX is going to melt faces. Additionally, Sythentix Network is an awesome project with plenty of support on the fundamental level. Best of luck on your trades and please don't risk anything you can't afford to lose (especially your sanity).
Long
by iHeartData
2
#SNXUSDT (Watchlist) 10/21#SNXUSDT maybe worth it to add this coin to your Watchlist. 👀 Pree "like button" and leaving your "comments" below our ideas is a great thing and supports us to providing more ideas.❤️ (Share it with your folks) Everything mentioned on the chart (Pattern/Resistance/Support / Breakout/Breadkwon levels, Also R: R) add to watchlist means the coin we mentioned is forming a pattern or moving near a historical bottom, around or above good support, increase in trading volume , showing a reversal candle, accumulation stage, etc, but no reaction from bulls, so we inform you to add it to your watchlist until the right time for entry.!! Ps: we avoid trading any coin if the entire project for it is based on gambling, prostitution, human trafficking, borrowing, and lending, etc. This is not financial advice, The purpose of these Charts is to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to do your own research, and follow your risk management. the Cryptocurrency market is very volatile and involves gains and losses as well so know very well what you are heading towards before engaging in it. The information we mentioned here is a personal effort that is subject to success or failure and we welcome constructive criticism. Good luck to All. 🙏we ask Allah reconcile and repay🙏
by HamadaMark
2
SNXUSDT AnalysisHello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market target: 18 - 21 - 23 after first target reached move ur stop to breakeven stop: ~9.7 (depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 2.5 Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to your questions or suggestions(Looking for investors!).
Long
by trytofeelpositive
Synthetix about to surge! (SNX)Synthetix saw an incredible growth of over 170% after the May crash and reached the 15$ mark over the course of almost 80 days. It has been on a correction phase since mid-September until ultimately finding support slightly above 9$ around the 0.382 fib retracement level. I expect the correction to be over and that SNX has started its next leg up. The break out of the descending triangle will confirm this analysis and can potentially take the asset to 12$ in the short term, the length of the measured move which also coincides with the 0.618 golden pocket level. A return below 9.5 can temporarily invalidate this idea and take the price down to 9.0 while the violation of the 10-10.32$ (where the price squeezed for days) can start a parabolic rise to 12 and beyond.
Long
by godware