moon333

Synthetix (SNX) formed bullish Shark for upto 46.5% rally

Long
BINANCE:SNXUSDT   SNX / TetherUS
Hi dear patrons, hope you are well and welcome to the new update on Synthetix ( SNX ) token.
On a daily time frame chart, the price action of SNX has formed the final leg of the bullish Shark pattern.


Buying and sell targets for Shark move:
Buy between: $16.21 to $14.50

Sell between: $17.79 to $21.27

Stop loss:
The maximum extent of the potential reversal zone to $14.50 can be used as a stop loss.

Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 46.5%, and the high loss possibility up to 11%.


Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.




Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.

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