SNXUSDT trade ideas
SNX GrowthThis is the chart for SNX, Taking a look at the MACD, we see we can have an exponential increase. With the RSI currently at 60 over sold at 70, we can see how it could shoot back to 29 and come back down to the thick yellow line. Which the thick yellow like once this is passed since it is now below will head up. The coin also correlates with BTC as well. Currently at a 3 week resistance point between 20 and 21 as well.
If the thin yellow dotted line is the uptrend.
$SNX should be doing good in the coming daysSNX has recently broken out of the short-term down trend. It should be doing good in the coming future
SNXBeen waiting for the break of the down trend. Then waiting even more for the backtest. Been an underperformer the last 1 plus months. Pretty simple. If its for real should not re-enter the lower range down trend. Pretty close to invalidation on the back test. R/R good from that perspective. Ur time to shine.
New Altcoin I went long on at breakout $SNX Synthetix Added another cryptocurrency to my long-term portfolio.
SNX is a cryptocurrency that powers the Synthetix protocol. Synthetix protocol enables trading synthetic assets on Ethereum. Synths are tokens that provide exposure to assets such as gold, Bitcoin, U.S. Dollars, TESLA, and AAPL within the Ethereum blockchain.
RSI and MACD are showing signs that bulls are back in control.
Today we are breaking out of this bull flag.
stop-loss - $16.
Short term price target - New All-time high
$SNX log chart parabolic advanceSNX is finally breaking its downtrend from February and it is showing a very nice curve fit. I have no idea how high its going however the first 2 'major' peaks occurred at the 3rd and 6th fib extension levels, which is why I have highlighted the 9th level as the next target if this growth rate continues.
***I am long $SNX***
SNX- PENNANT PATTERN We have pennant pattern which is a continuation pattern. now we should wait for the retest to confirm the breakout. check the 4 hour time frame for better entry
SNX - Potential breakout this month, very bullishThis is not Financial advice, please do your own research.
SNX/USDT BreakoutSynthetix (SNX) - Daily Log Chart
A Protocol For Trading Synthetic Assets On Ethereum.
Synthetix is an Ethereum-based protocol for issuing and trading synthetic assets, including cryptocurrencies, leveraged tokens, equities, and other real-world assets.
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
BINANCE: SNX/USDT🛒 Pair: SNX/USDT 🛒
== SPOT==
⏰ 1400/01/13 ⏰
🕰 02/04/2021 🕰
Duration:
📈 SHORT - MID 📈
Ex: Binance
#121
🛒 Buy : 20 - 20.1 🛒
👉Sell Targets👈
🎯TP1: 22 🥉
🎯TP2: hidden🥈
🎯TP3: hidden🥇
🎯TP4: hidden🚁
🎯TP5: hidden✈️
🎯TP6: hidden🚀
⛔️ SL: 18 By Daily closure below
SNXUSDT is SNX ready ???Hello everyone. This chart is simple, it looks pretty The price is reasonable I'm positive about SNX (This is not a financial advice)
SYNTHETIX AND DEFI 2.0SNX is another DeFi protocol with serious upside.
Just broke out if its bearish slump, and is due for a solid run.
I'm long !
SNX/USD - Get ready for $30 soon! 🚀🚀🚀SNX is looking sexy. This chart is primed for some nice explosion to the upside (see yellow arrows):
MACD = bullish
RSI = bullish
Volume = bullish
Once we break out of this triangle, the game is on! Make sure you set and alert!
Bias is very much bullish on this chart and provided BTC and ETH don't ruin the fun, we should go higher pretty soon.
Market for alts is getting hot, especially now that BTC dominance has cracked under 60%... you know what that means right? Check my BTC Dominance chart below to find out. :)
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
SNX bullish pattern and targetsSNX has a big triangle and was in a correction for a long enough time. I consider two targets for it showed by orange short-lines. Stop-loss for the short target is marked and for the next target, we could use the bellow green line as a stop-loss point.
SNX just triggered for a solid bounce play off the lower rangeSNXUSDT just triggered for a possible good risk conscious trade off the lower range. With crypto on whole in a massive bull market bounces off the lower range have been super high probability trades with large returns really quickly. A potential trade could be a buy here with a target up into the 19.50 range. We are trading this long in our live account.
Alt Season is COMING !Creating this decreasing triangle at the end of an uptrend can be a sign that the trend is continuing
Synthetix Bull_FlagDear traders,
Synthetix has made a bull-flag on the chart.
target is $44
Good Trading,
Hans
Synthetix My next entry on Synthetix, to be safe will Be btw 16 and 17$
My TP are the next ones:
TP1: 20,25
TP2: 24,63
TP3: 28,83
For a total arround 65%
