Synthetix Cryptocurrency Analysis SNX/USDT Synthetix Cryptocurrency Analysis
Simple buy snx coin analysis from the aggregation area shown
The goals are shown in the diagram
SNXUSD
SNX ANALYSISHere's a quick look a t SNX 1D chart. As we can see, the price has been showing to break a trend line a nd make retest to it.
7.225-7.6$ work as heavy resistance and w e need to breakout this.
Definitely one to keep an eye on .
The best entry at Support level also on trend support and after breakout and retest.
targets
7.33$
7.6$
8.5$
8.9$
10.29$
11.1$
keep holding it
SNX show huge pump anytime as shown before
thank you
SNX, a good buy or long opportunity, 50-100% short-term spaceSNX is starting a relatively large rebound and can participate appropriately.
Entry price:
5.5-5.8
target price:
7.5-8
9.5-10
Stop loss price:
5.28
6.5 (below 6.8, moving stop loss after reaching 7.5-8)
good luck!
SNX ready for long bull run!Again the regular. We will prob see SNX go up in a few weeks meet all indicators, RSI, resistant, Graph, etc. Potential for Ath longing this position.
SNX/USDT possible bounce with 1:5 risk rewardSNX has entered its bearish trend breaking some important support zones.
At the moment I expect it to bounce up to $9 and complete 'M' pattern.
A good trade could be taken on trend line breakout.
We see how price will react to first resistance at around $7.2.
Mid/Long term I don't see it breaking its ATH, to me the best 'bullish' scenario is being in a range for couple of months.
The worst that could happen - going for new ATLs (all time low).
Please DON'T LIKE and DON'T FOLLOW me if you don't like my idea :)
SNX/USDTMention the Elliott wave principle
Traders like to trade on the 3rd wave, I think we're on wave 2 and it's coming to an end.
The base is at the red line, should not be below this line.
SNX: Cruisin' Down the MountainOn the weekly chart, it's pretty clear that SNX has been on a major downtrend for months. It broke past the .786 retracement and is now heading toward previous support from October/November 2020.
Who knows if it'll ever reach previous ATH again, but if it does, it will be a massive run up.
Be cautious trading this.
This is not financial advise. These are just my ideas and opinions.
SNX Synthetix: HUGE Head & ShouldersHello friends, today I am completing a technical analysis on the 1D linear scale chart for Synthetix ( SNXUSD ), an altcoin cryptocurrency.
#CryptoPickk notes the following:
1) Synthetix price has been falling since February 2021 when it met the all time high.
2) The price is around a crucial Fibonacci Retracement level of 0.786 at around $6.85-$7.00.
3) Along with the price dropping, it has formed a Head and Shoulders Pattern as shown in the chart. This is a bearish pattern. The biggest concern is the Head and Shoulders Pattern can be seen in multiple timeframes and the price has shown no level of reversal.
4) If the price breaks down and does not recover, there may be a sizable drop.
5) Though the charts show one thing, anything is possible as the Decentralized Finance space in cryptocurrencies is very strong.
6) Be cautious until there is a clear sign of where the price action will go.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
SNXUSDT-LONGThere is a long position in SNXUSDT SNX
SNXUSDT SNX
🔵Long Now or set on Key Level 7.150
🟢Target 1 7.530
🟢Target 2 7.900
❌Stop loss 6.900
#K_Level
SNX - Good IndicatorsSince BTC decided to do a nice little drop last night, basically knocking “most” alts down with it, I thought I’d review my watchlists to see what coins I follow were is primo position for positive movement.
As you can see I use a custom “MacD” I got off the TradingView list, and the Stochastic RSI for determining potential energy levels is my way of describing it.
SNX has been in an accumulation stage since end of July. It’s one of those coins with a solid history and a good niche in the DeFi world. The MacD and RSI are in about the best positions this type of analysis can provide.
Using a similar gains from its last good run of 471%, the potential MacD and RSI energy, I can see a rapid rise to the $35-45 range before the end of year.
My thoughts, not advice Oklah. Cheers
Synthetix: another 10x bagger digital asset (long-term view)Synthetix appears to have bottomed when looking at the long-term view and has now began its 5th cycle wave that could propel its price as high as $200. However in the short-term it's slightly bearish before resuming it's uptrend.
SNX Synthetix 1D - Big Move Up ComingHello friends, today I am completing a technical analysis on the 1D linear scale chart for Synthetix (SNXUSD), a cryptocurrency altcoin.
In the chart I noted:
1) Synthetix price has respected the bottom trendline since October 2020 and most recently touched the trendline and bounced off of it. It is still hovering around this area.
2) Around the end of November 2020, the price began it's parabolic move of about 600%. That move ultimately brought the price back to the bottom trendline after 234 days. Assuming from that day to 234 days into the future (Feb 2022), we could see the price once again touch the top trendline which it has not touched recently as the price has been consolidating since May 2021.
3) Assuming we begin the move upwards, that would be a 130-135% gain in Synthetix price. This wouldn't be an immediate move up as we have Support and Resistance areas to overcome.
4) Also the RSI (relative strength index) is about to potentially form a double bottom, which could drive the prices higher as shown historically.
5) If the price touches the top of the trendline and has a breakout of the long term triangle pattern, we could see a significant price upside.
6) The Volume over the past few weeks has been less, which is usually not the case. This may be a signal that a move is coming.
7) If the price breaks below the bottom trendline and stays below it for more than a few days, this idea may be invalidated.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
#SNX Synthetix 1D - Move comingSynthetix SNX is in a large triangle pattern but let's look at the small descending channel for now. It seems that there may be a potential breakout coming up. If SNX breaks the resistance around $13, it may get a chance to move higher.
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
Snx - Road to $28Snx double bottomed confirmed and is ready to move. It is going move really fast to $28.
Keep an eye on this its about to explode.
SNX potential to increase 120% to 250%#SNXUSD
$SNX is a low cap coin that didn't increase yet.
price is inside a triangle that break out from upper line can lead price toward resistance zone which is more that 40% increase. first target of this triangle can be around $22 (120%) and if in long term price can touch $35 (250%) and more to touch last target of triangle.
if price break down the lower line of this pattern the bullish scenario will be invalid.
SNX USD Nice looking chartIt's look good. I think it will be touch $50 but for long term. Maybe it can move within the channel for the time being.
Synthetix is about to popI made a chart a few months back called "Synthetix quietly breaking the downtrend" that is linked in this chart as well. The circled dragonfly doji candle is what marked the end of the downtrend and new upswing starting.
Anyway,, I think the quiet time might be over and it's about to make some loud noises. As soon as it breaks above it's down trending resistance it should explode upwards.
Let's keep an eye on it and see how it goes.
Synthetix #SNX 1D - Move is comingSNXUSD 1D Chart. Possible run up to the top of the trend line? RSI and Stoch RSI seem to be ready for the move.
I also presented the resistance and support area circled. Keep an eye on this.
What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
SNX Looking READY for Liftoff #SynthetixOn the daily charts I noticed that it appears that SNX could be forming one of the largest bull flags I've ever seen. This is not trading advice, but I'm personally long on SNX since it has yet to mark up and return to it's ATH this cycle leaving plenty of potential for gains. It's very possible that it could consolidate to gain momentum for a little longer, but eventually, SNX is going to melt faces. Additionally, Sythentix Network is an awesome project with plenty of support on the fundamental level.
Best of luck on your trades and please don't risk anything you can't afford to lose (especially your sanity).
Snx Chart Analysis #SNX USDT 4H Chart SIGNAL by Sajjat Hossen
This Is Risky Call Because Of Bitcoin. ⚠️
Entry ✅ If 4H Candle Close Above $10.09
Stop-loss ❌ If 4H Candle Close Below The $9.20
NeutralHi guys, I think the best time to buy is when the price reaches the support point near the uptrend, and by stabilizing the loss limit of the line, you can use the price hike.
