SNX LOOKING FORWARD TO BREAK THIS BEARISH TRIANGLE, IF BROKEN IT HAS CLEAR PATH TO REACH HISTORICAL MINIMUMS.
SNX has a strong base at $3.55 level, but if this level leaks - next buys zone is around $3.00
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...
Possible trendline break soon RSI moving into the bullish control zone AO printing a green line over the zero line. SNX is a great long term hold as the derivatives market is enormous and SNX has first mover advantage in the defi space. About Synthetix Network Token What is Synthetix? Synthetix is a derivatives liquidity protocol on Ethereum that enables...
Weekly chart is very much bullish much bigger retrace is possible short and long term speculative this is weekly parabolic run scenario fib extention from weekly low could see 162% 262% 362%
Scale buy into SNX at perceived support. Price sitting on the 24 ema which has supported price nicely in combo with a fisher bullish cross, macd histo bar color change and an uptick on the SMS. I may be a touch early here as I like to see a Parabolic Sar flip to confirm, hence the scale buy and not a full commit.
WHY am I long SNX? Killer project Staking for liquidity rewards is highly popular Trading available on all major ERC20 assets including some indices in the future. Transparent Team Here are the levels to watch...