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SNXUSDT trade ideas

SNX/USDT upward momentum from key support? 👀 🚀 SNX 💎 Paradisers, focus on #SNXUSDT, showcasing signs of bullish momentum from its support zone. 💎 #Synthetix recently hit a bump at $4.178, causing a minor pullback. Yet, as it approaches a former resistance now turned support at $3.875, staying strong at this level could boost its chances for a bullish push towards and potentially beyond the resistance once again. 💎 The dynamic crypto market demands strategy flexibility. Should NYSE:SNX struggle at this vital support, shifting gears might be necessary. Ready for a bounce back from the significant support at $6.327, but beware, slipping below this essential marker may signal a deeper bearish shift.
Long
by MyCryptoParadise
SNX- Breakout 🌟 Bitcoin's Breakout Surge: Professor's Big Charts Revealed 🌟 📈 Live Analysis Incoming! Prepare for an in-depth journey through Bitcoin's latest surge as we go live on TradingView. Get ready for a session packed with insights and the unveiling of the Professor's big chart. Join us: Live Stream: www.tradingview.com 🚀 The Breakout Chart Breakdown Witness the bullish momentum as Bitcoin smashes past the $47,650 barrier. With my analysis, we're looking at a bull run targeting $59.9K, 69K , and the ambitious $79K. 🎯 Stay bullish and watch as the charts unfold the story live! 💹 Historic Patterns: A Roadmap to $79K Reflect on the last breakout at $31,100 and its staggering rise to $46,000. Our charts have been the compass leading us to these profitable winds. Don't miss out as we dissect the potential climb to $79K, live! 🔍 Last Year's Chart: The Trendline Triumph Cast your minds back to January 2023, when Bitcoin was a humble $18,000. Fast forward, and we're witnessing a breakout reminiscent of December 2020's rally from $7,500 to $24,000. Could we be on the cusp of reaching new all-time highs? Let's explore together. ⏱️ Halving Cycles: This Time It's Different Every cycle writes its own story, and this one's no exception. We're approaching the halving with a market more aware and ready to advance. Tune in as we analyze why we might see an all-time high sooner than the previous cycles. 🌐 Join the Live Stream for the Full Picture There's much more to cover, from halving cycles to breakout patterns. Ensure you're part of the live session for a comprehensive analysis that could redefine your trading strategy. Catch the full live session and secure your front-row seat to Bitcoin's exciting journey: Join the Live Stream: www.tradingview.com One Love, The FXPROFESSOR 💙
Long
by FX_Professor
BINANCE:SNXUSDT - Watch out for rising wedge------------------------------------------------------------------------------------------ Description ------------------------------------------------------------------------------------------ + A clear rising wedge pattern formed in SNX + Current price is at the resistance level trying to breakout the resistance, which is less likely to happen + Our entry plan is around 3.8 when price breaks down the support line. + We can expect the reversal of the price in next 2days. ------------------------------------------------------------------------------------------ Signal ------------------------------ VectorAlgo Trade Details ------------------------------ Entry Price: 3.8 Stop Loss: 4.149 ------------------------------ Targets 1: 3.776 Targets 2: 3.555 Targets 3: 3.285 ------------------------------ Timeframe: Capital: 1-2% of trading capital Leverage: 5-10x ------------------------------------------------------------------------------------------ Note: This is a short trade in the bull market, so it's a high risk trade. ------------------------------------------------------------------------------------------ Agree or Disagree with the ideas ? lets discuss in the comments. Like and follow us for more ideas. Regards
Short
by VectorAlgo
SNX ANALYSIS (4H)On the chart, from where we entered "START", we seem to see a correction. This correction seems to be a diametric. There was a suitable place for the termination of the F wave on the chart, which we marked with red color. If the price reaches this range, you can enter a sell/short position. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
4
SNXUSDT - BULLISH OUTLOOKSNXUSDT is exhibiting a bullish divergence on the 1-hour (1H) time frame, signaling a potential bullish reversal. This divergence suggests a weakening of the prevailing downtrend and hints at a possible shift towards an upward trajectory. For traders contemplating a position, the following trading strategy is suggested: Entry: Consider initiating a long position using a Buy Stop order at the price level of 3.42. Stop Loss (SL): Implement a risk management Stop Loss order at 3.08. Take Profit (TP): Set take-profit levels to achieve a 1:1 and 1:2 risk-reward ratio: TP1 = 3.76 TP2 = 4.10 This trading strategy aims to capitalize on the anticipated bullish reversal. However, it is crucial to closely monitor the market for any changes in price action and be prepared to adjust the strategy accordingly.
Long
by Sarmadayaz
SNXUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: Market and lower Target: 5.5 - 7 - 8.2 after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . risk is justified 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 any questions and suggestions
Long
by trytofeelpositive
$SNX - whats nextSignificant moves by BINANCE:SNXUSDT driven by protocol decision to end token inflation - However after passing through heavy long term resistance band (Blue box) failed to take next resistance level... Since then has been in a conjoining wedge - as fails to make headway in either direction - How I'm trading this: 1) Watch to see declining volumes on a flattening baseline -> then either play the breakout (medium risk - higher possible returns) - or assume a retest of trend and buy a few pips north of it....
by Flyte-X
SNX/USDT bullish horizons from Demand Zone? 👀🚀 SNX Analysis💎 Paradisers, let’s zoom in on #SNXUSDT as it’s exhibiting a pivotal market behavior. SNX is currently nestled in a demand zone, poised for another assault on a key resistance area. 💎 #SNX recently faced a setback at the resistance level of $4.964. Presently, it's regaining strength in the demand zone. If it can maintain this upward momentum, we could see an ambitious push towards the significant resistance level at $6.006. 💎 Nonetheless, navigating the unpredictable crypto market demands flexibility in strategy. If #SNX struggles to keep above the $3.806 demand level, a strategic rethink may be required. 💎This scenario might see us anticipating a bullish recovery from a lower support at $3.227. Importantly, if NYSE:SNX slips below this crucial support, it could be a harbinger of a bearish trend.
Long
by MyCryptoParadise
1