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 ↓
Although lower timeframe presents a lower high, this is a very speculative long based on: Support from a 2W high Using Binance Funding and Premium Index as a leading indicator Importantly, DXY not pumping
at this time, SNX will be short to 4$ area, after that 4$ area could perfect for long to 6.5$ let's see what's happens? plz share & comment your opinion here. if you like this, i appreciate to following for viewing my next analysis.
Synthetix price bounces off support at $3.40 in readiness for a breakout to $5.00. SNX/USD is drawing closer to the resistance at the 50EMA, likely to delay the bullish scenario. Synthetix Network Token price fell in tandem with other decentralized finance (DeFi) tokens. The lending, borrowing, and liquidity ecosystem has been dealt a heavy blow amid the...
At 12H, the cloud is directing upward, indicating an uptrend. The RSI moved down and the price found support on the Ichimoku cloud . At H3, the cloud is directing downward, indicating a price correction at the 12H timeframe. Besides, RSI is at the oversold level, which indicates the weakness of sellers. We recommend buying SNXUSDT when the RSI reaches the...
SNX Synthetix Network Token 4hr Chart - SNXBTC SNXUSDT SNXUSD
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!