SNXBTC on the weekly timeframe has formed a higher low which is indicative of a possible higher high. the higher low is confirmed by the formation of a bullish engulfing pattern on the 61.8 retracement level of the last move from 0.0002. I am expecting a sustained move upwards towards 0.0009 as that is the 1.618 Fibonacci extension point.
78 % fibbo support.... ... support from previous high
SNX 4Hr chart can be seen to have formed a down channel multiple touches on bottom and top of channel
Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. -------------------------------------------------- ----- We have to see if we can get support and climb at 16.809. As such, we need to see if there is any movement to move sideways at 16.809 or break off the downtrend...
Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. -------------------------------------------------- ----- You should watch for any movement that deviates from the 16.809-20.397 section. It remains to be seen if the volatility around March 23rd (March 22-24) increases...
ANALYSIS 🔎 - SNXUSDT was bounded in the falling wedge (FW) pattern. - A falling wedge pattern is a reversal pattern. - A bullish pattern to be precise. - Price brokeout above the falling wedge's resistance. - The market is consolidating in a rectangular pattern. - This rectangular pattern consolidation is known as the accumulation phase (wyckoff method). - The...
The KISS method relies on minimal tools and indicators combined with some intuition to give us trade ideas. Looks like SNX is ready to bounce after retracing, strong volume increase at 3860 sats, RSI pointing to some upside here. PT 1 5000 sats PT 2 7000 sats THIS IS NOT FINANCIAL ADVICE, I AM POOR AND YOU WILL BE TOO IF YOU LISTEN TO ME👌👌👌 I'm new to...
It's been 20 hours that SNX is getting rejected by that resistance. (As shown on chart) The middle Bollinger Band is rising to give a Dynamic Support to the price which might push it up to the TP1 and TP2. There's also a Static Support which I've pointed out on the chart, that can be a good push up for the price as well. If none of these supports can hold the...
📈#SNXUSDT ➡️Entry: 20.300$ 🎯Target 1: 25.100$ 🎯Target 2: 28.200$ 🎯Target 3: 35$
Buy Zones : - 24$ (Now) - 20% of your capital invest for this trade ----------------------------------------------------- Rebuy Zones : - Rebuy 22$ - 30% of your capital invest for this trade - Rebuy 20$ - 50% of your capital invest for this trade ----------------------------------------------------- Sell Zones : TP1 = 28 ATH TP2 = 32 TP3 =...
Let it cross up the 51,500 Satoshi for risk averse investors; then enter! ************************************** Price : 49,934 Sat Entry LVL: 50,000-51,500 Sat Resistance Zone: 49,700-51,000 Sat Expected Return: 20% Reward/Risk: 1.4 TP_LVL I: 57,000 Sat TP_LVL II: 61,500 Sat SL: 42,000 Sat **************************************
The pattern is completing or completed so we expect the short. I will keep this chart updated. Thank you for the support.
Hi guys, SNX is one of the best coins to trade recently, posting some serious gains. It is now flirting with the lower boundary of the uptrend channel on the 4-h chart. It is a good opportunity to add some coins to the positions. Targets in green Resistance in red Stop at the 50-day EMA Regards
One of the most promising DeFi blue chip for me. Synthetix staking is live on Optimistic L2 mainnet ! Big news, I expect #SNX to continue its bull hike. It's in price discovery zone, so hard to establish a target. Holding spot & leverage position. Information is just for educational purposes, never financial advice. Always do your own research. Hit the...
Synthetix Network broke bullish of that falling wedge, the idea is to catch it on a possible pull-back. Also, 100EMA seems to be acting as support now, that's why entry zone is down there! Current Price= 0.0004010 Buy Entry= 0.0003915 - 0.0003813 Take Profit= 0.0004074 | 0.0004341 | 0.0004540 Stop Loss= 0.0003653 Risk/Reward= 1:1 | 1:2.26 | 1:3.2 Expected...
Not much to say here: SNX has entered price discovery, consolidated and held up well. Parabolic move very likely. Major upside ahead. Approx. 110 Million Staked on Synthetix Network out of 114 Circulating supply. Low liquidity on exchanges could see this thing fly above target.
Hello there ladies and gentlemen, BulloTaurus here with a quick analysis for today . Synthetix is the backbone for derivatives trading in DeFi, allowing anyone, anywhere to gain on-chain exposure to a vast range of assets. We have various clues that BINANCE:SNXBTC can go higher by breaking the rising wedge on daily timeframe. Thing that make me bullish is the...