You can short SNX on crypto futures market, if you want to profit from upcoming crash. There is an descending triangle, which is a bearish pattern. Also, the major trend line is broken and bulls could not defend the trend line. Please, hit the like button and follow me for more of these ideas! Also, check my signature down below ↓
The chart shows possible buy zones. Buy by the RSI not the price. The RSI anywhere from 35-30 is the best buy zone, but it doesn't mean it's going there. SNX previous run did a 7x in close to 5 months, it has a very big roll in DEFI and IMO one of the best DEFI coins you can buy. Also highlighted are the resistance and support lines on the RSI. Buy and...
Already above the inverse head and shoulders neckline here and it's measured move breakout target should take price action above the rimline of the cup and handle which is one of the more perfectly rounded cups I've seen in awhile. As always it's wisest to wait until the cup and handle breakout confirms here but probability looks to be favoring it slightly...
SNX is in an uptrend and has not increased strongly yet so we can expect it to happen in this turn. The closest and quite safe target for profit taking is the 7000sts zone and if the SNX breaks out of this 7000sts, we will have a chance to sell in the 10000sts zone. Private Idea :
Notice the double top which has formed on the chart; with a lower second top indicating buyer exhaustion. Also notice the candle stick with a long wick to the down side also indicating a potential reversal. There is the potential for this thing to drop around 40% (Its had one hell of a run!). It might over shoot on the downside past that point if the selling is...
SNX Synthetix Network Token 4hr Chart - SNXBTC SNXUSDT SNXUSD
SNX price has broken the Trendline and strongly closed below. In addition, a sell signal on Trendpeek indicator will be posted if price doesnot strongly bounce from here. I guess party is over and it can drop 50-70% from here in no time.
One more DeFi, looks more risky, than AMPL, but still. 4h descending wedge broke out, MACD lines crossing at the moment, stoch ready. Got some at 3642, Stoploss at 3300
Strong possibility of bullish trend. Keep an eye
A "mini" Cup & Handle thingo seemed to play out hitting the 361.80% fib for an approximate +1000% gain. A giant Cup & Handle thingo seems to have formed on much larger timeframe, very similar in price and volume formation, will it play out for another +1000% gain? All higher timeframe momentum oscillators also looking strong. Lettuce pray for this...
Let's see if we can get a fractal similar to the first run up!