Rise of DeFi is near Let me be clear on one thing, we are in the Bull market and Altseason is happening. It is only a matter of time which one pops first.
As you can see some of the big names in DeFi are consolidating for a long time.
I believe all these four will need to complete another fill Fib Retracement as It has the potential, Volume, and Liquidity.
If we look at their rise on summer DeFI we can guess it might happen just before BTC reach its all-time high. Guessing the ATH of BTC is another subject but I see a huge opportunity in Giant projects in DeFi that have been quite for some time.
SNXUSDT
Synthetix can still Show Growth in the Third WaveGreetings to you! On July 6, I predicted the beginning of the third wave, the idea of which is still relevant to this day.
The expected superfast growth did not occur and even dragged on, which may indicate the incompleteness of wave (2). However, I stick to counting waves, where wave (3) forms itself in pieces.
Wave 1 of (3) is the leading diagonal, and wave 2 of (3) is either already completed or on the verge of completion.
The price crossing the key level will confirm the presence of a bull market.
SNXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the price is stuck in a range and fluctuating. If the price drops and stabilizes from each sides, it can move in the same direction.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
#SNXUSDT #SNX#SNXUSDT
#SNX
85% possible #SNXUSDT Breakout (Flat Top/Bottom) Trendline And Weekly Resistance Will Breakout And Then retest If Price Bounce Back Then Possible We Can See 18.00 $ Last Tp
Keep in mind.
🟢 ; Multiple Rejection Structure
🟣 ; Month Frame Structure.
🔴 ; Weekly Frame Structure.
🔵 ; Daily Frame Structure.
🟡 ; 4.H Frame Structure.
⚪️ ; 1.H Frame Structure.
#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 $13, it may get a chance to move higher.
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
SNX Weekly Potential Explosion aheadWell in the weekly charts It has very similar situation to the last time that it broke a trend and raise to 800% ant then came down for price correction.
I see the same potential, at least in long term Condition, Dramatically Target will be 86 or maybe 100$ as shadow but less Fantasy targets are resistance levels that are obvious in the chart 20$-30$;
This is not a financial advice for selling or buying at all. Just a technical analysis.
SNX/USDTSNX forming a rounded bottom on the daily chart underneath resistance of $10.70. Measured move of 22.5% upon confirmation of breaking resistance sends it towards resistance of $13 which will also coincide with an attempted breakout from the macro downtrend line SNX has had since it's ATH in February. RSI has also broke resistance and above 50..
It’s going to get interesting very SOONThis chart looks really good to me:
After reaching the all time high, price made some lower highs and as it was unable to creat a new higher high it dropped heavily and the market sentiment changed from bullish to bearish.
The last bullish correction got rejected and retreated to the 618 fibonacci level,
And we are currently trading above this level.
We are holding well and the accumulation phase is lasting for about 2 months now.
I think $SNX is ready to start a new bullish trend and it will happen this week.
First target should be around $14 and I will wait and see the reaction of the market after that.
Stay tuned and follow me on tradingview to get notified of the next step.
Cryptosep ;)
#5 | Synthetix Network Token vs Tether (SNXUSDT)I had multiple options for the last pair to share with you today, I found many mentioned in the comments section that looked good.
These were CAKEUSDT and BZRXUSDT, I went for Synthetix Network Token (SNXUSDT) since we already have a trade active for this one.
To spot these bullish charts, the Fibs can be very useful/important.
Notice here how bullish action takes place above the 0.382 Fib. extension level, this is marked light blue.
Each Fib. level here below the current price can be considered strong support.
Above the current price, I call these resistance levels or targets.
Since we have kind of a curve coming up from the candles, yes, I look at that... This can signal that things are about to move up.
We have this curve pattern showing up, with increasing volume, bullish indicators, and prices breaking above EMA50... The rest is on the chart.
Namaste.
SNX ab=cd pattern to $40#SNXUSDT
$SNX broke out from descending resistance line and head up to break the long term one that is the same with a resistance zone. if bulls success to close a weekly candle above resistance zone price will head up to touch $19.
an AB=CD pattern can complete around $40.
if price break down from ascending support this bullish scenario will be invalid.
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).
SNXUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market
target: 18 - 21 - 23
after first target reached move ur stop to breakeven
stop: ~9.7 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 2.5
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions(Looking for investors!).