The volume of SNX, which has been in the consolidation phase for a long time, is increasing. Obviously, it is at the resistance level right now. But Bitcoin is still bullish, with dominance falling to critical levels, showing that people are still greedy. Support and resistance levels for SNX are shown on the chart.
This is not a financial advice.
This is not a financial advice.
Comment:
As seen in the chart, the price from the green support zone has faced a reaction. I think the 5.3 was a good buy zone.
Comment:
SNX had made an breakout yesterday. Although it has dumped hard with bitcoin yesterday, it managed to throw itself over the red resistance zone again. THE WAY IS OPEN!
Trade active:
SNX chart is still bullish. The first target is accomplished despite Bitcoin.