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...
Has been a great past few days for me with some insane calls, especially AAVE yesterday and already on SNX: They way i operate is this: I work on many charts, i choose the best one. At this time of time I like SNX chart a lot: close to support, has potential for much higher. NEWS: Synthetix founder wants to buyback and burn millions of SNX tokens QUICK...
Seems Like Getting Ready For Massive Recovery Formed Descending Channel In Days tf Incase Of Breakout Expecting 3 to4x Bullish Wave In Midterm
Hi Traders, We have 4 parts to the piece, the last part is always the hardest to find an entry but you can see how it fits into the the Wyckoff accumulation or elliot wave formation. All the best in finding that last entry.
Synthetix bounced off the ascending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 3.2 is possible.
Synthetix broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 3.2 is expected to happen.
$SNX bounced off the support level. Bullish movement to resistance level at 3.32$ is likely to happen
Past Performance of Synthetix Synthetix prices are firm, adding roughly 45% from last week's lows. Though prices are inside a bull flag, buyers are determined to press on. In the short term, resistance remains at around $3.3. Any surge above this reaction line may see the token break higher, printing new 2023 highs in continuation of buying pressure from Q4...
Last week, buyers of SNX were very active and managed to organize a +70% increase. This is a good result, but they still failed to break through the trend line that has been stretching since the beginning of 2021 and consolidating price above it. (If you narrow the chart, you will see the entire trading history of SNXUSDT) And although it was not possible to...
SNXUSD crossed over the Bear market's Falling Resistance for the 2nd time this month on a clear long term bullish signal. It is already 3 weeks after the Golden Cross (1d) formation. Trading Plan: 1. Buy on the current market price. Targets: 1. All Fibinacci retracement levels on by one up to 9.000 (Fibonacci 0.618, the Golden ratio). Tips: 1. The MACD (1d) is...
Synthetix Network Token (SNX) is a digital asset currently trading at $2,850 per token. Looking at the daily timeframe, the Relative Strength Index (RSI) is now at 54.5, indicating that the asset is not overbought or oversold. The volume oscillator is at 5.67%, which suggests that there has been moderate trading activity in the asset. When considering the...
SNXUSDT(Synthetix) Daily timeframe range. the daily candle trying to stay above #2.764 which open a way till #3.531. a big part depend on market sentiment and how far btc retrace as we had a lots of negative news recently. it needs a little bit of more volume here.
Synthetix broke trough the ascending trendline. Asset broke trough the support level. Bearish movement to support level at 2.222 is possible.
Hi Traders, #crytpo #snx #syntheticNetwork As I explain the macro and current price range, I see opportunities which I explain. So we plan and if conditions are met, we execute. Please give me a like and share, Regard, S.SAri
$SNX broke through the resistance level. Bullish movement to the resistance level at 3.56$ is likely to happen.
Synthetix (SNXBTC) today confirms its bullish bias by producing a strong breakout above EMA300 and MA200. Bullish continuation = bullish confirmation. 😉 It is now confirmed, once more, that the bulls own this market. You can expect much more growth. You can read the 'Related Ideas' below for the previous charts and also to find AGIXBTC which can help you...
Synthetix broke trough the support level. Asset broke trough the ascending trendline. Bearish movement to support level at 2.6 is possible.