TradingView
neverovv
Sep 1, 2023 10:21 AM

Will SNX go up by another 50%? Long

SNX / TetherUSBinance

Description

Hello everyone!

Synthetix is another asset that has been trading sideways for a long time. On average, the movement from one side of the trading channel to the other is 50%.

Currently, the asset is in a good buying zone. The RSI indicator also shows that it is oversold.

Targets on the chart.

This is not financial advice, and anything you do is at your own risk.

Trade active

Today the market is experiencing a sharp rise, and another idea of mine that I mentioned in September has yielded a 33% profit.

Trade closed: target reached

Well done
More