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SYNUSDT trade ideas

SYN/USDT Ready for its Bullish Momentum? SYN Analysis💎Paradisers, let's delve into #SYNUSDT, as it shows signs of a pivotal breakout from its descending channel pattern. 💎Currently, #SYN is making strides toward the descending resistance, transitioning from what was once a supply zone into a demand zone. This shift presents a chance for the price to spring from this area, potentially initiating an upward journey with the bearish Order Block (OB) as its next milestone. 💎Yet, if LSE:SYN struggles to rally and instead slips below the demand zone, we might witness a fallback to the Bullish OB territory around the $0.682 mark, where it could regroup and attempt another ascent. 💎The Bullish OB region has historically been a catalyst for significant market rebounds upon engagement. Nonetheless, a failure to sustain this zone could signify a bearish trend, compelling the price to carve a new path from a diminished base. 💎In case SYN doesn't leverage momentum from this or any subsequent level, a continued decline might be on the horizon. Fear not, as your ParadiseTeam is on the lookout, ready to navigate you through these fluctuating market waters.
Long
by MyCryptoParadise_Simon
SYN/USDT Need to break the resistance or reject continue down!💎 SYN has recently witnessed significant developments in the market. SYN faced a formidable obstacle in the form of a hard rejection after reaching the Bearish OB area. 💎 Its current stance suggests an intention to retest the resistance level. Success in reclaiming the price above this resistance could trigger an attempt to break out of the Bearish OB area. Furthermore, a successful breakout could probability facilitate an easier path for SYN to reach our target in the strong supply area. 💎 However, should SYN encounter resistance at the 0.765 level and fail to breach it, the price may continue its downward trajectory, possibly reaching the demand area. It's noteworthy that SYN has bounced off this area successfully on two previous occasions in its trading history. 💎 If SYN, while at the demand area, struggles to maintain its position and experiences a breakdown, this could signal a return to bearish sentiment and potentially result in further downward movement.
by MyCryptoParadise
1
SYN/USDT Perfectly break out the Bullish Pennant pattern.💎 SYN has been drawing considerable interest in the market. Presently, it's observed breaking out of a Bullish Pennant pattern. A closer look at the NYSE:H TF shows that SYN is undergoing a retesting phase at the trendline. This phase is pivotal, as it sets the stage for a probability continuation of the upward movement, with the next target being the bearish OB area. 💎 In the demand zone, it's crucial for SYN to demonstrate a strong rebound. If it merely consolidates without making a significant bounce, there's a risk that SYN could lose this key area. Such a development would potentially lead to a downward trajectory, bringing SYN back towards a substantial support area. 💎 It’s essential for Paradisers to closely monitor these developments, as SYN's response to this retesting phase will be critical in determining its future market direction.
by MyCryptoParadise
Synapse is looking strongFor sure there is some battle between bulls and bears in the market at the moment, but it shouldn't be hard to find some strong supports in alts to take some profits from these volatility, SYN is one of them, although it almost hit my SL, but now i believe it's ready to soar to 0.70 cents Facts: Respects both horizontal and vertical support Indicators, RSI and also Stoch crossing show bullish signs Even though BTC corrected 5 percent today SYN rose by 3 ! I think I'm Adding to my possition by midnight tonight
Long
by popoadp10
$SYN Wyckoff Sign of StrengthWe have seen our sign of strength here on SYN, and broken outside of the local consolidation. Im not really a flag / pennant guy, but this is typical behavior after the sign of strength. High and tight consolidation, with the expectations of a continuation out of the range there after. At this stage the LPS should remain intact, and it does look like we got a checkback on top of .35 there. Above the range, id say its .45 cents next and ultimately a retest of the upper red zone at about .54. A simple extension of wave 1 would take you to .61 and a 2.0 to .74
by TradingNomadic
The Dollar Shop 💵: Altcoins UNDER 1$Hi Traders, Investors and Speculators of Charts📈📉 I'll be making a series on altcoins that are trading well under 1 dollar. These coins make for great additions to a diversified portfolio AND with such a cheap price, why not get a few. You never know which one will 100x 🤑 CQTUSDT Covalent : SOLOUSDT Sologenic : And SYNUSDT Synapse on the front chart: NOTE that these are accumulation ideas ideally. You can definitely swing trade once they have doubled, but keep a few around for incase one of them x10 or x100. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck COINBASE:SYNUSD BINANCE:SYNUSDT CRYPTO:SOLOUSD POLONIEX:SOLOUSDT KRAKEN:CQTUSD OKX:CQTUSDT
Long
by CryptoCheck-
36