


CryptoMamba24
SNX has retraced almost 50% from its all time high. The SNX/BTC chart looks to be bottoming. Falling wedge pattern is very bullish. Hopefully BTC keeps up its end of the bargain.
SNX/BTC looks pretty bullish to me. Comment your targets. Good luck.
Hopefully we hold this line and create a bullish divergence on the daily RSI.
This is on a logarithmic scale. Synthetix could see $100 EOY if it can continue along this gold trend line. Mostly depends on what Bitcoin does for the rest of the year.
I guess we will see if the bull market continues...
I think that we could retest the previous local top of around $3.65... if we can hold support in this zone and have a daily close above it, we will have a confirmed breakout and some blue skies ahead. If you haven’t entered, $3.65 seems like a good area to go long.
Curve DAO has officially broken the handle and retested a local high and passed it. Where we go now should be fun to watch. I would guess at least $5 on the short term.
If this isn’t a cup and handle, I don’t know what is. Unfortunately we’re still stuck in the handle BUT I strongly believe it will be broken at some point and we will test $3.60 again (hopefully passing it this time). This will be my last CRV post until the breakout. I just wanted to show this beauty of a chart one more time. If we don’t break out, I don’t know...
As soon as we can actually break the handle and retest $3.60, we should see a nice little pump up to around $5.60.
If we retest this downtrend line and hold it as support, we should continue up to test this crucial $3.65 area. Seems as though we’ve actually broken the handle this time so let’s see how the volume looks. It’s safe to say if we break that next resistance and hold it as support, something big could happen. Good luck everyone.
Since we didn’t retest the local all time high, we likely didn’t break out of the handle, so here is how I see the current handle.
Looks like we may be breaking the handle of a cup and handle within a bigger cup and handle. Lol I think we are likely to test the recent all time highs of around $3.65 and this could be the time that we break it and have a lot of room to run.
My picture was messed up in my last idea. Here is a better view.
When Curve DAO is able to use this Gold trend line as support, the price action has played out very bullish. However, if we retest it again soon and break down, we should look for support around the black trend line in the blue level which has been recent support. If we should above it though, my price target it around $6.
Curve DAO looks to be broken out of a long down trend and is holding support that was previously resistance. There is a lot of upside potential if we can break the next key resistance level of $3.60.
Coming out of a big cup and handle and retesting a long term resistance line, if Curve DAO can hold this $3 level as support, a big move could be looming. Repost of the same idea, different view
Currently retesting a major resistance line at $3. If CRV and most importantly BTC can hold these levels as support, this would confirm great break out in which CRV could double in price within weeks.
Potential bearish divergence forming if we can’t break out of this resistance.