I just took a position on SNX, great potential. I will accumulate in the DCA zone if the correction is stronger, no worries. Potentially a cup and handle formation taking shape, to be confirmed.
Pretty clean chart for $SNX. - years of wyckoff accumulation - higher lows - riding weekly MAs in my opinion it appears to be a typical market cycle progressing within the defi space. it's kind of doing its own thing while retail speculates on other coins. This is one of those set it and forget it type of charts. Looks like it wants to break out in the coming...
Synthetix (SNX) looks ready to take off after breaking the long-term bearish structure. Also note the large increase in volume during the current month. 🔸 Sector: DeFI 🔸 Marketcap: $1,44B (#73) 🔸 Circulating supply: 99.87% Holding a bag for a mid-term on spot.
#SYN The price has been moving in a downward channel since June 2022 Due to a strong support area at 0.2850 We are about to break the downtrend supported by oversold conditions on the MACD Current price 0.4166 The first goal 0.7922 Second goal 1.0500 Nearly 240% of the current price Powered by the Moving Average 100 breakout. And break the reversal patterns...
💎Paradisers, zoom in on #SNXUSDT, as it's showing clear signs of an impending major move from a critical demand level. 💎#Synthetix is currently on an upward swing, hinting at a bullish continuation. It's been tracking a descending channel pattern, consistently respecting the channel's resistance. We're anticipating a retest at the demand level of $3.091, which...
💎Paradisers, gear up for a thrilling ride with #SNXUSDT! It's currently spotlighting a support zone, suggesting a bright bullish trajectory lies ahead. 💎Lately, tracing an ascending channel, #Synthetix is on a climb. Now, it's amassing momentum for a bullish leap from the $3.86 support zone, with ambitions to breach key resistance barriers. 💎If the bullish...
Adam, eve & lil handle on Synthetix COINBASE:SNXUSD
Neckline is @ $4.43 another 70 cents or so We obviously don't how these coins will react at these necklines if they are met with resistance breakout strongly only to come back down and retest the neckline But this should give holders hope for double digit prices --- at some point Best of Luck
Long term downtrend and accumulation range Looks ready to pop Could be volatility and still a few weeks waiting If crypto really is the next tech bubble then SNX going to be in the future magnificent 7 for sure Ascending triangle forming Bump and run breakout Right on Long term support NFA Good R:R
💎 Paradisers, brace yourselves for a promising trading moment with #SNXUSDT, as it's strategically placed at a crucial support zone, signaling a potential bullish shift. 💎 Delving into #Synthetix path, it's on an upward trajectory from the significant support mark of $3.530. Holding steady at this level suggests a high chance for a bullish breakout. Keep an eye...
👋Hi, I hope you have a Great Weekend🥳. 📈Today, I want to share with you an analysis of the Synthetix(SNX) project , which can increase the price by more than 🚀➕20%🚀 in the short-term . 📚 What Is Synthetix (SNX)❗️❓ Synthetix is building a decentralized liquidity provisioning protocol that any protocol can tap into for various purposes. Its deep liquidity...
Trend Is Already Up And Correcting After Solid Gains Now Seems Like Preparing To Continue Its Uptrend Expecting Solid Recovery In Coming Days Consolidating In Falling Wedge In 8h Timeframe & Approaching Towards Descending Trend line Incase Of Breakout Expecting Massive Bullish Rally Towards 5$ In Coming Days
Synthetix is a decentralized liquidity pool provision protocol where users can borrow liquidity at low fees. Anyway, after a huge rise, SNX has been in a downtrend for a while. Recently, SNX broke the downtrend line as well as the minor one. Let's see how far SNX can go.
Synthetix is preparing for a Parabolic move in the next few weeks. The CM ULTIMATE MA MTF on the weekly chart shows a very a clear and distinct pattern. Once it turns green from red the move that follows is fairly substantial. Price action is still fairly low in SNX while the the ULTIMATE MA has already turned green. Down below we have the RSI and it is around...
💎 SYN has recently witnessed significant developments in the market. SYN faced a formidable obstacle in the form of a hard rejection after reaching the Bearish OB area. 💎 Its current stance suggests an intention to retest the resistance level. Success in reclaiming the price above this resistance could trigger an attempt to break out of the Bearish OB area....
Evident on chart is two inverted H&S structures. The first demonstrates the power of the right shoulders bullish manner. The second inverted H&S is yet to experience this move but is prepped for it. Bullish.
🔥SNX is the top gainer and grow for 2 months straight. Now the chart shows that SNX doesn't have enough power for the futher growth. Only the breakout of the channel and test it as the support will confirms the bull power. Possible that price can fall to the middle of the channel. I think that it will be a good entry point in long. You need to pay attention on...
Trade setup : Bullish breakout from Channel Down pattern and above $2.27 (200-day moving average) confirmed bullish trend reversal to Uptrend. Price has reached and got rejected 3x at $3.75 resistance and pulled back, which could be an opportunity to get on the Uptrend. The nearest horizontal support areas are $3.40 and $3.00, which also line up with 23.60% and...