burgercrisis

SNX early bird ROI analysis

Long
POLONIEX:SNXUSD   Synthetix Network Token
Since there is a limited chart history of SNX the most we can look at is 1/2 a year of ROI, which it looks like we recently bottomed out on and if we continue to current pattern we should move back up. The weekly and monthly ROIs also look to be bottomed out and about to retract their old patterns. In my opinion we are starting to flatten out after the last retracement, will likely enter the next major move around $19 on the 30th or so. Either we enter a strangely bearish scenario despite the rest of the market being very bullish and our monthly returns plummet lower then they have been so far, or more likely, we enter a bullish impulse scenario up to around $60 is my thoughts which seems to be inline with other TA that has been performed recently on SNX.

take the brown acid
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