$SNX/USDT 1h (Binance Fut.) Symmetrical triangle break & retestSynthetix Network looks ready for bullish continuation after that last pull-back!
Current Price= 21.346
Buy Entry = 20.949 - 20.949
Take Profit= 22.077 | 23.081 | 24.146
Stop Loss= 19.873
Risk/Reward= 1:1.5 | 1:2.63 | 1:3.84
Expected Profit= +25.44% | +44.80% | +65.32%
Possible Loss= -17.00%
Fib. Retracement= 0.786 | 1.272 | 1.764
Margin Leverage= 4x
Estimated Gain-time= 1 week
SNXUSDT trade ideas
SNX/USDT On my Watchlist for tomorrow Potential intraday position long trade.
These days I trade intraday.
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.
SNX long position potentialLooking for various indicators in confluence to solidify confidence in SNX long term.
Stop loss 18-19 dollars
Target: set up various targets on the way up 25/30/40
Loading: ladder your position in slowly.. it's a long position and dependent on etherium movement
Please ask any questions.
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.
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/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.
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. :)
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