✳️ Synapse | Price Action Reviewed (215%-375% Profits Potential)

Hello my fellow Cryptocurrency enthusiast, I hope you are having a wonderful day.

The Altcoins market has been doing great, the best in years and things are only getting started.

With Bitcoin continuing with super-strength, this guarantees what we are expecting to see in 2024. Maximum growth, a full blown bull-market, new All-Time Highs all across but not yet, we start in 2024 to end in 2025... Plenty of time to prepare and take advantage of an endless amount of opportunities this market has to offer... Join me, let's analyze together this chart.

Synapse (SYNBTC)

The left side of the chart, which in this case comprise only 2023, is the bear market; the bearish wave; the bearish cycle for this pair.

As the cycle comes to an end, bear volume starts to drop.
As the cycle reaches its end, price action becomes flat.

We have a low in December 2023 followed by a lower low in January 2024.
Both these lows are market moves, a search for liquidity. The activation of sleeping players stop-losses. As soon as the move is in, the trend changes and prices go up with force.

An entire year of bullish divergence with the RSI predicts the change of trend.
The rise in trading volume plus higher low currently, predicts a continuation of the initial bullish move, the bullish breakout.

And up we go... This sequence is nothing more than a change of trend.
From a downtrend to an uptrend...

The next target can be found on the chart.

Easy as usual. Higher highs and higher lows; long-term; for this and other pairs.

Namaste.

Comment:

+120% In just one week... We will revisit in the future and see how it is doing.

Enjoy the profits.