SNXUSDT trade ideas
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 $40.
if price break down from ascending support this bullish scenario will be invalid.
snx big bullish move wave 3 is on the move and i show two paths that have high Possibility of chart movement
so buy and hold that for next 3 month
SnxSupport 9.50 resiatnc 10$ tarhet 12$ small trade but if volume
Steps in it could go on a higher run… symetrical triangle extremely tight range.
Synthetix Price AnalysisSynthetix currently finding support on a long term macro trend line with 3 previous touches of support after it found as resistance in the past.
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 LONG POSITON 10/26/2021BINANCE:SNXUSDT
Price consolidating looking to go long in q4. charts are meant to be guidelines. trade at your own risk.
SNX / USDTfrom the perspective of Short term trade setup
Its on the verge of flipping EMA 99 to support and a move to 13$ looks likely
$crv $rune so far leading the #Defi
The lagging ones will catch up soon
#SNXUSDT (Watchlist) 10/21#SNXUSDT maybe worth it to add this coin to your Watchlist. 👀
Pree "like button" and leaving your "comments" below our ideas is a great thing and supports us to providing more ideas.❤️ (Share it with your folks)
Everything mentioned on the chart (Pattern/Resistance/Support / Breakout/Breadkwon levels, Also R: R)
add to watchlist means the coin we mentioned is forming a pattern or moving near a historical bottom, around or above good support, increase in trading volume , showing a reversal candle, accumulation stage, etc, but no reaction from bulls, so we inform you to add it to your watchlist until the right time for entry.!!
Ps:
we avoid trading any coin if the entire project for it is based on gambling, prostitution, human trafficking, borrowing, and lending, etc.
This is not financial advice, The purpose of these Charts is to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to do your own research, and follow your risk management. the Cryptocurrency market is very volatile and involves gains and losses as well so know very well what you are heading towards before engaging in it.
The information we mentioned here is a personal effort that is subject to success or failure and we welcome constructive criticism.
Good luck to All.
🙏we ask Allah reconcile and repay🙏
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
SNX BUYi bought spot at 9.3 i suggest buy if day candle ends at high 9 or around 10.
looking to sell long term at 16 depending on how market goes maybe sell early
chart looking very bullish on 1H
coin has lots of potential eoy and 2022 imo
SNX - UPDATEDont sleep on SNX things are quiet now but price is going to break out above this long term downtrend soon and go into full bull mode. Waiting to see a daily higher high above the MA's and descending trendline resistance before opening possible long position.
What is next for SNX now? will it make people rich?(SOLVED)Snx is currently consolidating around the 8.9 support which is one of the best news. it is expected to have a movement of at least 100% in the coming months
Disclaimer: this is not financial advise
SNX 2 waysSNX has shown quite some time of consolidation. While consolidating it was also creating a hidden bullish divergence. We can see that the pattern has been broken by the last rally, this could mean 2 things, both of which I've plotted on the chart.
This is not financial advise.
SNXUSDTTrading in a falling wedge pattern. It needs to break 10 and sustain above it in order to trigger higher targets around 11.40 initially followed by 12.0 and 13.3.
On downside 9.2 and 8.8 are likely to restrict any fall.
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!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
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!).
SNXUsdt for ALTSeasonethis analyse for SNX Hodlers and ask me i do it
ths coin have good position for pump on 1 day adn got good profit
little patient and this targets for patient ppl and you can got this for 2 month later
but better check how much can hodl and set trgets
GL
EntryPoint:
9.924
Supports:
8.807
7.346
6.127
Resistance:
11.025
Targets:
14.216
19.011
25.419
38.445
For HODL:
65.115
GL
Synthetix about to surge! (SNX)Synthetix saw an incredible growth of over 170% after the May crash and reached the 15$ mark over the course of almost 80 days. It has been on a correction phase since mid-September until ultimately finding support slightly above 9$ around the 0.382 fib retracement level. I expect the correction to be over and that SNX has started its next leg up.
The break out of the descending triangle will confirm this analysis and can potentially take the asset to 12$ in the short term, the length of the measured move which also coincides with the 0.618 golden pocket level.
A return below 9.5 can temporarily invalidate this idea and take the price down to 9.0 while the violation of the 10-10.32$ (where the price squeezed for days) can start a parabolic rise to 12 and beyond.
