Synthetix Network broke bullish of that falling wedge, the idea is to catch it on a possible pull-back.
Also, 100EMA seems to be acting as support now, that's why entry zone is down there!
Current Price= 0.0004010
Buy Entry= 0.0003915 - 0.0003813
Take Profit= 0.0004074 | 0.0004341 | 0.0004540
Stop Loss= 0.0003653
Risk/Reward= 1:1 | 1:2.26 | 1:3.2
Expected...
It is most certainly ALT season! Here is yet another ALT in th bull zone.
SNX is in its last leg of consolidation, (which is likely to conclude in next 12-24 hours).
Support: ~ $12.98
From there, it can grow 59% possibly, in just days.
Resistance: ~$20.76
These bull indicators are flagging:
-Stochastic @ 30m in sub 20 zone
@1H in the 50...
Although the crypto market has been pulling back, SNX has been heading ever higher! The coin is already up by more than 100% in 2021, and this may be just the beginning!
SNX Momentum
According to Nicolas Darvas, the writer of the famous book "How I Made $2,000,000 in the Stock Market", the stocks that are the most resilient in bear markets, and that even try...
Hello there ladies and gentlemen, BulloTaurus here with a quick analysis for today .
Synthetix is the backbone for derivatives trading in DeFi, allowing anyone, anywhere to gain on-chain exposure to a vast range of assets.
We have various clues that BINANCE:SNXBTC can go higher by breaking the rising wedge on daily timeframe.
Thing that make me bullish is the...
Very strong coin. Amazing potential. Not even sure it will retrace to 10$.
Strategy to go in :
- Buy now 12$ (25% of your capital invest on this coin)
- if retrace a bit :
Rebuy at 11$ (add 25%)
- if retrace to 10$ :
Rebuy at 10$ (All in)
Sell Before 20$ and don't be greedy.
---------------------------------
- As always check BTC king !
Happy Tr4ding !
SNX coin looking very bullish. It has recently broken historical resistance, and how safely has its head above water.
Looks like a possible nice long climb will ensue.
- Last 3 month we had a consolidation (Head and Shoulders pattern)
- Now we are breaking up to new all time highs
- Next target can be 1.618 fib extension (Around 14 USD)
- RSI looks great on the daily chart
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Head and shoulders formation really impressive with impressive volume
buy the breakout above 5.8 $ and hold
630 million market cap very big market not like other shit coin
huge market cap still looks good for trade
SNX is on a very strong recovery after falling from 5.5$ to 3.5$ and currently SNX is consolidating the 5-5.5$ zone as a springboard for a breakout to the 6.5$ zone and even the 9$ and 10$ zone this December
However, if SNX is still rejected at 5.5$, it will correct to 4.5$ and then rebounds. The 4.5$ zone is the last support zone for this uptrend.
📈BUY-...
The cryptocurrency market is in consolidation but SNX and SUSHI are flying the bullish flag high.
Synthetix is poised for a 60% upswing above the ascending triangle pattern.
The cryptocurrency market is awfully quiet since the week started. The weekend session saw some considerable movement, amid the push by the bulls to recover from the losses incurred last...
On the Binance chart, it just looks like have too many started fractals to count. I have confirmed pivot (blue line), so all this potential growth is that much more real. Yet, still in early stages confirmed by 1-2 1-2 patterns. I suppose my preliminary goals would by first W1max then FibExtensions at 1.4 then 1.6. Either way, strong evidence that we are going up...
- Looking terrible for this alt coin
- The price is currently moving sideways, forming this bearish rectangle - continuation pattern
- The price is below 2 trend lines, which is bad
- Expecting lower prices in short term
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- Looking very bad for SNX coin right now
- The descending triangle is already broken, so we can expect much lower prices in the immediate short term
- You can profit by using futures market (short position)
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