We have an interesting one here with Synthetix (SNXUSDT) and we start right away with the potential profits...
Looking at the current price vs the All-Time High, we see a massive 868% potential for growth...
If we zoom in and look closer, we can notice the highest volume ever for this pair, SNXUSDT, signaling that the bottom is likely in and a trend reversal is due.
I will not show the chart here but you can zoom by hitting the "+" sign on the chart to see what I mean. (Focus on the volume indicator)
After activating the June 2020 support (2 years), Synthetix is preparing for bullish growth.
I can only wish you luck with this idea) I do not agree with most of the arguments, and the news on the asset is still cautious on the transactions.
ishanwalia
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@Solldy, exactly! but in the next bull market, it will reach this target for sure along with most of the coins if they survive in these conditions
a7a7a7a7a7
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@ishanwalia, 99 out of 100 WILL NOT survive...you can do yourself a favour and look at historical data and see how many altcoins went back to their all-time high after a bear market.... NONE.
ishanwalia
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@a7a7a7a7a7, 99 out of 100 will not survive: new traders always tell themselves this lie, the actual number is around 40% (binance listed) i can immediately tell you rn 2% of the projects that WILL survive the bear market! it's all about the research! also, if you're talking about the previous 5years chart then go ahead and do that too!