SNX CAN MAKE A CORRECTIONHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the SNX symbol.
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
SNXBTC
✳️ Synthetix Bullish Continuation = Bullish Confirmation (80%+)Synthetix (SNXBTC) today confirms its bullish bias by producing a strong breakout above EMA300 and MA200.
Bullish continuation = bullish confirmation. 😉
It is now confirmed, once more, that the bulls own this market.
You can expect much more growth.
You can read the 'Related Ideas' below for the previous charts and also to find AGIXBTC which can help you determine how far up SNXBTC will go.
To know how far up the USDT pairs will go, check FETUSDT.
I hope that helps.
Namaste.
SNX IS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the snx symbol.
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
$SNX/#BTC [#Synthetix]: SuperTrend BBand_Breakout◳◱ We've detected both a Bollinger Band breakout and a Super Trend pattern on the $SNX / $BTC chart. Both indicators are signaling a bullish trend, with the Bollinger Band indicating a potential bullish trend as the price has moved outside of the upper band and the Super Trend showing a bullish trend. This is a stronger bullish signal as both indicators are aligned. It may be a good idea to consider buying at the current price zone and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.0001216 | 0.0001297 | 0.0001481 and the major support zones are at 0.0001032 | 0.0000929 | 0.0000745. However, it is still important to consider other factors such as overall market conditions, and other technical indicators before making a trade decision.
◰◲ General info :
▣ Name: Synthetix
▣ Rank: 77
▣ Category/Sector: Financial - Derivatives
▣ Overview: Background details for Synthetix project are currently unavailable.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.0001128 ₿
▣ 24HVol: 7.905 ₿
▣ 24H Chng: 4.93%
▣ 7-Days Chng: -4.82%
▣ 1-Month Chng: 7.34%
▣ 3-Months Chng: 60.08%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0001216 | 0.0001297 | 0.0001481
◢ Support: 0.0001032 | 0.0000929 | 0.0000745
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 0.79
▣ Last 90D: 2.06
▣ Last 1-Y: 0.36
▣ Last 3-Y: 0.72
◲◰ Volatility :
▣ Last 30D: 1.21
▣ Last 90D: 1.01
▣ Last 1-Y: 1.46
▣ Last 3-Y: 1.68
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.56 - Bullish
▣ Reddit sentiment score is 0.28 - Very Bearish
▣ In-depth SNXBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
SNXBTC - Critical Point, Breakout or Fakeout?We're at quite an interesting point with SNXBTC right now, sat on top of what was a strong descending paralled channel after a breakout of the aforementioned channel, or is that a fakeout? That is the question!
After the break of this channel the price has since dropped back and is now ready to either head up to the next level of resistance, or drop back into the channel and continue ranging through this area.
We've got a nice level of support on the underside but if the price os truly trending in this channel we could see this level get broken as the market pushed further south.
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Synthetix (SNX) formed bullish BAT | A good buy opportunityHi dear friends, hope you are well and welcome to the new update on Synthetix ( SNX ) token with BTC pair.
On a 4-hr time frame, SNX has formed a bullish BAT move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
✳️ Synthetix vs Bitcoin Also Looks Good For Easy 100%SNXBTC has the same chart as everything else in this market... Follow me!
A long-term higher low, Dec. vs June 2022.
Strong RSI near support.
Trading above EMA10.
After the big altcoins grow, it is time for the small ones to follow.
We were expecting for everything to grow and these charts are pointing to just that.
Expect the BTC pairs to move ahead.
Not only this one, I saw many, many others with similar charts.
The growth can happen fast.
Big strong candles... Be prepared.
Set your sell order on target before the action starts.
Do not wait to sell manually, build a plan and deploy it.
Namaste.
Synthetix (SNX) forming bullish BAT for upto 17% moveHi dear friends, hope you are well and welcome to the new update on Synthetix ( SNX ) token with BTC pair.
On a daily time frame, SNX is about to complete the final leg of bullish BAT move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
💎 SNXUSDT : 575.99% Profit Potential in Next 6 Months💣💣💣💣last 2-3 weeks we seen huge buying in SNX coin, in upcoming months its to going pump very hard.
entry and targets are given on the chart. Treat this idea as long-term investment
please Like and comment if there are any queries.
#bitcoin #altcoinseason #altcoin #altnews
SNXSynthetix’s SNX token rose over 14% in the past 24 hours as developers said the protocol’s decentralized autonomous organization (DAO) had renewed a deal with liquidity provider Jump Crypto.
DAOs are entities that have no central leadership, and are owned and governed by their members. Their decisions are carried out by software rather than by human managers.
“Jump Crypto’s experience in data-driven trading and liquidity provisioning will complement Synthetix’s mission to become the liquidity backbone for on-chain derivatives,” developers said in a tweet on Thursday night.
The Chicago-based trading firm is expected to work closely with the Synthetix network to provide liquidity across listed assets and product feedback. Jump Crypto provides liquidity services and investments, and it participates in project governance.
Synthetix didn't immediately respond to a request for comment.
SNX rose to as much as $3.37 during Asian trading hours before profit-taking caused the price to decline to $3.25 at press time. The tokens have gained over 19% in the past week, but only 4% compared with the past month after a market-wide decline pushed prices to monthly lows of $2.13 in early July.
However, the fundamentals remain strong. Since March, Synthetix has recorded trading volumes of over $2.8 billion, mainly from its atomic swaps and perpetual swaps products. Atomic swaps refer to an exchange of cryptocurrencies from separate blockchains. These use Uniswap and Chainlink live prices to ensure traders' accurate execution.
Popular products on Synthetix include ether (ETH), bitcoin (BTC) and chainlink (LINK) token derivatives traded against Synthetix USD (SUSD), a dollar-pegged stablecoin. The pairs have seen over $40 million in trading volume in the past 24 hours, Nomics data shows.
Market Cap $355,347,258
On the technical side: If we consider the weekly TF. We have a weekly timeframe built on big timeframes. You can work from the border of the lower channel and gain position during the test.
Synthetix SNX - Bullish head and shoulders! Elliott wave
SNX is ready for an upcoming uptrend!
On the daily / 3D chart we can spot a bullish inverse head and shoulders pattern that is very close to a breakout!
The impulse Elliott wave (5-3-5-3-5) has been successfully completed and because of that I expect an ABC retracement of this bear trend to 0.618 FIB / end of the wave (4).
You can set your profit target here, between 9.19 USDT to 8.02 USDT.
We have a huge descending parallel channel and I think we can definitely break through this channel!
I recommend only a short term trade here, because I think we need more time for this altcoin to gain strength again.
I expect tremendous pumps for selected altcoins, you can find them in the related section down below ↓
For more ideas please hit "Like" and "Follow"!
Synthetix (SNX) formd bullish BAT for upto 869% big moveHi dear friends, hope you are well and welcome to the new update on Synthetix ( SNX ) token.
On a monthly time frame, SNX has formed bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade