ThinkLikeaWhaleTLAW

SNX All signs Point to 8.00 long term. Mindful Trading

Long
CRYPTO:SNXUSD   Synthetix
Not financial advice
All charts are made on current market conditions.
Things of note:
Stop loss 1.75
Holding 1.47 even on the pullbacks is what will count long term.
If you notice the window from the start of this token .
That was a 420% box.
We can apply that same metric from the low of 1.47 to determine a top
That numbers resides roughly at 8.00.
Concerning indicators:
Please notice parabolic curve forming on RSI
As well as upwards momentum on STOCH RSI with the 92 level highlighted as overall it's still a descending trendline on the Stoch Rsi.
Don't expect it to go to 8.00 overnight and again a retest of the 1.47 area is okay.
The key is maintaining that level to go after 8.00
One of the top 5 picks I had for Dollar Cost averaging into the month of November.
This started at the 1.85 level and will continue for me .
Always practice patience and do your own research.
#PIK
Patience Is Key
#TLAW
Think Like A Whale

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