Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about SNX
SNX Symmetrical Triangle Breakout & Retest Has Already Confirmed #Snx Can Start Anytime Still Expecting Massive Bullish Wave In Coming Weeks✍️
💎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...
SNX has formed a bullish flag
🔵Entry Zone 4.476 - 4.605
🔴SL 4.233
🟢TP1 5.158
🟢TP2 6.078
🟢TP3 8.018
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#SNX/USDT SPOT LONG ENTRY
Leverage: 3x
Entries: $4.425
Take profit 1: $7.292
Take profit 2: $15.066
Take profit 3: $50.929
Stop Loss: $2.733
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
BINANCE:SNXUSDT
Thanks
The sroced.
Hello Trading view Family / Fellow Traders.
I hope you have used and benifited from the previous analysis .
In today trading session we are monitoring SNXUSDT for a buying opportunity,
SNXUSDT UPDATE
Bearish pennant Breakout & Retest Has Almost Completed Expecting an energetic move 📈
Here it has maximum chance we can see price around 7.500💰 in coming days ✍️
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
#ONE
The descending channel was broken on a 1-day frame
With stability above the moving average of 100
The price also took support from the channel break
We have support from the RSI indicator
Entry price is 3.80
First goal 4.10
Second goal 4.26
Third goal 4.58
seems like preparing for some solid gains in coming weeks
symmetrical triangle breakout has already confirmed testing horizontal resistance once both got cleared can start recovery
incase of successful breakout of horizontal resistance expecting 300% bullish rally in midterm
Surprisingly, despite the bearish market and the lack of capital and liquidity, the volumes are growing very strongly, allowing the platform to develop.
The entry point also turned out to be less than ideal, but I did not average down the position within the bearish trend.
- Not financial advice, trade with caution.
✅ Stay updated on market news and...
SNX has recently formed double bottom formation and did confirmation as well.
On a daily chart it failed the double top and moved upwards.
Target 1 is the previous support which will be act as support and we should take partial profit and move SL to entry price.
💎 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...
💎 Paradisers, focus on #SNXUSDT, showcasing signs of bullish momentum from its support zone.
💎 #Synthetix recently hit a bump at $4.178, causing a minor pullback. Yet, as it approaches a former resistance now turned support at $3.875, staying strong at this level could boost its chances for a bullish push towards and potentially beyond the resistance once...
Anticipating these DEX tokens to outperform in the near term - setting up on a strong uptrend in Q2 and hopefully we can see regulatory clearance + fee split toggle increase value on this.
