After hitting the red box above, which is an order block, it was rejected towards the bottom. I have marked another red box below, which is the new place to open sell/short positions. From the lower red box, we can move towards the targets to complete the waves. I also specified the invalidation level For risk management, please don't forget stop loss and...
Synthetix (SNXUSD) is testing today both the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line) following a 6 day rise after a -42.20% decline from the July 14 High. Such a decline was last seen on the May 12 low, where the price rebounded like now but failed to close above the Resistance of the previous Lower High and dropped more to touch the Higher Lows...
BINANCE:SNXUSDT SHORT ⚠️Note: In this type of signals, only the entry point and trade direction are specified, and stop loss and target are not determined. If you are interested in entering these signals, please provide a stop loss and a logical market-based target. ⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading...
On 4H price formed an inverted hammer. The chart has fixed under the 50EMA on 4H TF. RSI is moving in the sellers zone. I think that SNX will continue to decline.
Recently, SNXUSDT price has finally managed to break out of a prolonged downtrend. We assume that the current local price consolidation outside of the downtrend is coming to an end. And the SNX price may have quite a bit of growth ahead. Take profit 1 - $3.55 (+25%) Take profit 2 - $3.85 (+35%) Take profit 3 - $4.40 (+55%) _____________________ Did you like our...
SNXUSD is haveing the strongest two week streak since July 25th 2022, whose High formed R2 (4.4450). The R/R in buying that deep into the bullish wave is not favorable as despite the R1 at 3.3900, the price has the 1W MA200 as its main Resistance, which has not allowed weekly candle closings above it for 11 months (since August 15th 2022). Consequently with the...
Good time friends, we are at your service with another analysis, this time #snx ⚡️ with 150% growth probability We have provided you with the daily chart of this index; The pattern you see in the chart is called "Diagonal Reverse Header". This pattern is one of the strongest bullish patterns. The yellow line also shows the possible movement and temporary...
Considering that this currency has come out of its downward channel, the possibility of a growth of up to 34% for this currency is not far from expected, but the condition for entering a long position is to break the resistance range in the blue box. But if we do not see a positive reaction to break this range, it is possible to return to the support price which...
The price tested the strong resistance in the 2.8 range. Got rejected. The volume traded began to decrease. I am expecting the price to decrease to 2.4 level
taking a look at these charts looks like a big move could happen very soon
Synthetix / SNXUSD crossed today over not just the 4 month Channel Down but also the 1 year Falling Resistance (since the July 28th 2022 High) and the 1day MA200. That is the strongest break out buy signal we could get on the medium term as despite stopping at Resistance A, it is repeating the rise of January, which after getting the 1day RSI overbought, it...
SNX (Synthetix) has recently formed a triple bottom pattern, indicating a potential bullish reversal in the near term. The triple bottom pattern is characterized by three successive lows at approximately the same level, followed by a potential breakout to the upside. This pattern often signifies a strong support level and can foreshadow a price rally. Considering...
SNXUSD hit today a triple Resistance Zone, the top of its 3 month Channel Down, the MA100 and the MA200 (1d). Until the price closes over the Channel Down, the trend remains bearish. Trading Plan: 1. Sell on the current market price. 2. Buy above Resistance (1). Targets: 1. 2.000 (Rising Support). 2. 3.000 (Resistance 2). Tips: 1. The RSI (1d) hit its Rising...
Hello, everyone! While CRYPTOCAP:BTC is in sideways it's time for altcoins to recover their prices. Yesterday my coin of the day was BIST:LINK , today is time for NYSE:SNX . In my opinion the increased Bitcoin dominance should be allocated to altcoins in the upcoming days/weeks. Lets take a look at the SNXUSDT price chart. Like other altcoins this asset...
The chart shows signs of further upswings. Keeping the green area, we have two TPs that I have marked on the picture
The SNX is back in the liquidity zone. The RSI chart is moving in the buy zone (4H, 1H and 30m TFs). 50EMA has broken up 200EMA on the 4H Timeframe. Price has fixed above 50EMA on the 1H Timeframe. I believe the asset will continue to rise after holding the lower range boundary.
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the SNX symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
🪐snx 🟢long 💲max capital 2% 🛑max lev 20 🟩enter 1 : 2.569 🟥stop : 2.483 ✈️tp ✈️2.655 ✈️2.741 ✈️2.827 ✈️2.913 ✈️2.999 ✈️3.055