It is very bullishYou may even be able to enter without confirmation, dear friends, in the spot market
SNXUSDT trade ideas
SNX: Approaching SupportTrade setup : Following a bullish breakout from Channel Down pattern, price reached our target of $3.40 resistance. Price has now pulled back, broke below support at 200-day MA (~$2.40) and reached $2.00 support zone which could be a swing entry, albeit higher risk trade setup since overall trend is still down. That level held up in May and March.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish). MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $2.00, then $1.60. The nearest Resistance Zone is $3.05, then $3.40.
SNX/USDT keeping eyes opened hereHey traders👋
Overall gameplay is clear here so we are waiting for the price to reach our "pink" zone in order to take a potential long position! If we see a struggle there and weakness then we will have to postpone the trade!
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Swallow Team
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
SNXUSDTNot an investment recommendation. This chart was made for personal study and personal use only. If you like the idea, please boost it. If not, write why. In my humble opinion, the price will go up.
SNX ANALYSIS (4H TF)After hitting the red box above, which is an order block, it was rejected towards the bottom.
I have marked another red box below, which is the new place to open sell/short positions.
From the lower red box, we can move towards the targets to complete the waves.
I also specified the invalidation level
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
SNXUSDTThis is a 1D frame analysis for SNXUSDT After bouncing off the support line, the price was unable to maintain its support and is currently heading towards the first resistance line. We can expect that if it cannot break above the resistance line, it will start to move back towards the first support line, but if it can break above the first resistance line, it may start to move towards the second resistance line.
It's about to complete a huge weekly triangle...SXP being part of Binance has a huge potential and the figures are clear.
The clock is ticking...
THIS IS NOT A FINANCIAL ADVICE, PLEASE INVEST AT YOUR OWN RISK
SNX/USDT Breakout the Descending Channel !!! Bullish Momentum ?? Yello Paradisers, SNX Analysis: Bullish Breakout with Strong Volume
💎 SNX has successfully broken out of its descending channel pattern, backed by significant trading volume.
💎 Prior to this breakout, SNX tested a key support area twice. The first test led to a bounce and subsequent rejection at the supply level, followed by a gradual decline back to the key support.
💎 On the second test, SNX bounced strongly, leading to the breakout of the descending channel. This sets the stage for a bullish continuation for SNX.
💎 Entry Strategy: You have two options for entry. You can either enter now or wait for SNX to retest the near demand area around $2.05 following the breakout. SNX shows strong potential for further upward movement.
💎 Invalidation Scenario: This bullish outlook will be negated if SNX closes below the key support level.
SNX Buy Trade.IS a Bit Early Trade. But the Daily Candle From Yesterday had Broked an Important Resistence. We Have To Try With This Trade. Just 4% STOPLOSS.. Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions
about your investments. Follow me for the latest updates and join the conversation in the comments!
Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and
information dissemination. Use with caution.
This Is Not A Finacial Advise
#SNXUSDT ANALYSISNYSE:SNX bounced with a good volume from the ascending trendline support.
Currently, it is facing the MA100 resistance. RSI bullish divergence is in action, MACD crossover is showing bullish momentum and the price in the key with a large volume.
A solid break above the MA 100 would confirm the continuation of the bullish move.
SNX longSNX bounced off the support level. Asset broke trough off the descending trendline. Bullish movement to resistance level at 2.65 is possible.
Snx Looks Bullish Seems Like getting Ready To Continue Its Uptrend
Already In Uptrend In Higher Tfs And Now Forming Falling Wedge In h8 Tf Incase Of Breakout Expecting Massive Bullish Impulse
Incase Of Breakout Expecting 55 to 60% bullish Rally
What will happen to SNX?⚠️This is my opinion and is not a buy or sell signal⚠️
Hello dear traders, here we have two beautiful scenarios for snx
1- By breaking the 2.161 resistance (closing the candle above this resistance)
We can think about the long position. It would be better if it overlaps with the 26300 bitcoin break, which makes me more confident. It also breaks our trend line
2- The breaking of the support line of 1.995, which I know is more likely to happen because we had 6 encounters with the support, and the more encounters there is, the more likely it is to fail and such a weakness will hit. 6. We can see that it will hit.
Thank you very much for reading my opinion, be sure to tell me which one you agree with and share your point of view with us
🚨 Trade Update: SNX/USDT (5-10x)🚨 Trade Update: SNX/USDT (5-10x)
📈 Long Entry: 1.83 - 1.975
OTE (Optimal Trade Entry): 1.895
SL: 1.772
B/E Move: When it moves close to TP2
TPs:
Short Term: 1.995 - 2.02 - 2.04 - 2.07 - 2.10 - 2.14
Mid Term: 2.20 - 2.30 - 2.42 - 2.55 - 2.73 - 2.98
**Disclaimer: Past profits do not guarantee future results.
Is there a risk? Of course. The whole financial market is subject to risk; any fundamental reason or sudden change in the market sentiment can reverse the current market dynamic and cause a loss. Do not take excessive risks which you cannot afford to lose. There is no obligation to take this trade; please avoid the trade if you disagree with the trade analysis.
EDK FORUM TRADING®
Bearish still continue | Short BiasWeekly Chart
BINANCE:SNXUSDT has in Triangle Pattern that sign for massive move is coming so just wait a breakout
Chart 4H TF
BINANCE:SNXUSDT is trading at 1.95x and in correction phase to resistance around 2.0
Observe that level before you trade
Wait for next move
SNXUSDT 4hsnx looks interesting for short position.
PLEASE Don't forgot risk and money management.
THANK YOU FOR YOUR TIME.
PLEASE BOOST AND FOLLOW..
long SNX$SXN is consolidating below the descending trendline. In case of the breakout, bullish movement to $2.37 is expected to happen.
SNXUSDT- DailyHi dude, one of the best chart in my opinion, I am very optimistic about the future of SNX price in bull-run!!! I will be happy to know your opinion!
best regards
SNXUSDTBINANCE:SNXUSDT SHORT
⚠️Note:
In this type of signals, only the entry point and trade direction are specified, and stop loss and target are not determined.
If you are interested in entering these signals, please provide a stop loss and a logical market-based target.
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
Don't forget to like and comment
SNXUSDT TODAYPLZ DO NOT SELL MY SIGNALS
1-Apply your own risk management.
2-Daily and Weekly Targets
3-Hunt the profits at any level you see convenient for you.
4-BLUE Zone for entry,
5-Yellow levels are targets.
have a good day guys.
Good Signal for Long PositionWeekly Chart
BINANCE:SNXUSDT has tested and failed Head Shoulders Pattern so it's still in Triangle Pattern
We zoom out to daily chart
Now, it's trading at 2.31x and can be down more
I found a fair value gap (FVG) around 2.15 and this level is also a confluence zone by 0.618 Fib Re and 1.618 Fib Re
That's why I think SNX will bounce back with nearly 20% profitable
Wait and see what happen
What do you think, share it to me
BUY opportunity for SNX/USDTSNX shows signs of a bullish reversal based on the harmonic Gartley pattern. This pattern indicates a potential entry point for long positions if the price breaks above the resistance trendline level of 2.565 on the daily chart.
Entry: 2.565
Target 1: 3.5
Target 2: 3.7
SL: 2.39
