🎉 Happy Nowruz!
🔍 Let's dive into analyzing SNX coin in the weekly timeframe.
⏳ Currently, on the weekly chart, we're witnessing the breakout of a 600-day range. The fate of this week's candle will become clear within the next 12 hours.
🎯 Should this candle maintain its current trajectory, it might be prudent to consider purchasing this coin for a mid-term...
Lot of great setups on the market now... lot of super bullish structures and SNX is one of them.PA and TA is pure bullish. Target red MA. GL. If you have any questions, let me know in comments.
NOT A FINANCIAL ADVICE + MANAGE YOUR RISK AND USE STOPLOSS
SNX reached its ATH 14/02/21 and has since been in a strong downward trend retracing 100% from $28.891 High to $14.913 showing a lot of selling pressure in the short-term. Although it has been in a downward trend over the past 13 days, we expect SNX to pick up momentum towards the upside with a potential 81% gain from current price levels.
Note 2 scenarios could...
