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SNX / TetherUS

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SNXUSDT trade ideas

LONG position, countertrend, SNXUSDT- Entry based on bullish engulfing - Bearish momentum decreased - SL 1 ATR from bottom green plane Considering the fluctuation of this coin it is quite a low SL, so I placed an alert on the lower (counter) trendline - 1 target of 50% due to countertrend. (there is a downward trend going on on the higher time frame) ➡️ LONG SNXUSDT ❇️ Entry: 2.490785 ☑️ Target 1: 2.82 ☑️ Target 2: runner (depends - higher time frame is downtrend) ☑️ Target 3: none ☑️ Target 4: none ⛔️ Stoploss: 2.293283 -1ATR = 2.075 (=stop. Limit: 2.0725)
Long
by TradingDutch-com
Synthetix Network token SNX price starts a difficult upward moveRecently, SNXUSDT price has finally managed to break out of a prolonged downtrend. We assume that the current local price consolidation outside of the downtrend is coming to an end. And the SNX price may have quite a bit of growth ahead. Take profit 1 - $3.55 (+25%) Take profit 2 - $3.85 (+35%) Take profit 3 - $4.40 (+55%) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
42
SNXUSDTHello dear friends ✔️ The long-term downtrend line has been broken. At the same time, we have a positive RSI divergence in the daily time frame. ✔️ The support range ($1,523) is well maintained. ❕ If the resistance range of $3.6, which is a very important area, is completely consumed, the situation will become very attractive for us. Considering that LL has not been formed on the downward trend, if a higher high is formed in the lower time frame, it can be a short-term confirmation. What do you think?
Long
by BiTBingo
1
SNX, How scalp the Breakouts Again!o snx has been pumping yes and we already know how to do trendlines, so lets look a this. the marke maker broke the trendline, retested it TWICE and the he pulled the market to resistance, without breaking it., However when support holds. we will test resistance so we know we will test 3.24 However your liquidation price must be underneath the convergence of trendline and price action support. All trades do not start in profit, position size is important, more often that not u were liquidated because of position size. So u will see if u are trading on a computer and click the play button, entry points based on that very trendline when we retrace or a break and retest of trendline for the short. Trading is very easy, Position size is hard
by UnknownUnicorn39347201