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HxroLabs
Jul 21, 2021 10:48 PM

SNX long setup fires on bullish retest Long

SNX / TetherUSBinance

Description

Synthetics (SNX) has shown the most strength off the recent lows out of almost any other DeFi charts we can find

- Big volume coming in after a tag of weekly support
- Confirmed bullish market structure on the daily
- Pull back into the local reload zone, completing the Wyckoff Check of the breakout point

Whatever Bitcoin decides to do here... This is a setup that's hard for us to pass on..

Long and strong. Risking to lows. Hunting a free position, selling half on a double up around the Fib extension/short RLZ
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