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Joontree
Feb 3, 2021 9:04 PM

Beware, SNX 4H head & shoulders potential Short

Synthetix / United States DollarCoinbase

Description

Completing this head & shoulders on the 4H and flushing down is seeming more and more likely for SNX as it continues to show weakness relative to almost every other name in the DeFi space. Bull volume needs to show up soon for this scenario not to play out. Upper $16's to mid $17's are a must hold zone for the uptrend to remain intact.
Comments
thundaarthebarbarian
I don't think it looks like a short now.
frddehaas
strange world, isn't it :)
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