SNX
SNX to 10.387Hello Guys,
SNS wrote off 81% from 15th December. Since that day snx had the same volume as the day before when BTC hits ALL TIME HIGH.
SNX have been at this place with the strong support volume on days about 15th December.
When BTC going up to 38850 - SNX probably hit target around 10.389
SNX/USDT - Long term 240% targetHello, traders!
The price of SNX is at the upper bound of the range of $5.44 - $8.34, which was the beginning of the previous business cycle.
Therefore, in this range, we can expect the beginning of a new one.
The price range of $5.44 - $6.55 will be [ptimal for the purchases, where you can get a more favorable entry point for a long-term deal.
Stop-loss can be placed under the price at $4.32
Objectives for purchase are levels
$11,50
$13.50
$16,39
$22,30
Good luck and watch out for the market.
P.S. This is an educational analysis that shall not be considered as financial advice
🆓Synthetix (SNX) May-24 #SNX $SNXSNX is recovering from the 12$ zone, and is heading to 18$ and 24$ zone in June. But if it loses this 12$ zone again, it will have a big fall to 10$ or 8$ in early June
📈BUY
-Buy: 11.7-12.3$. SL if B
📉SELL
-Sell: 17.6-18.4$. SL if A
-Sell: 23.5-24.5$. SL if A
♻️BACK-UP
-Sell: 11.7-12.3$ if B. SL if A
-Buy: 9.7-10.3$ if A. SL if B
-Buy: 7.8-8.2$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
IF U ASKED ME ... SNX IS THE STRONGEST RIGHT NOW !look on the week candle how it bounced back up. 63% up !!
despite all of the bearish corrections we got, it managed to go up again.
we r looking for a weekly close above the first support.
if first support were broken I will buy on the second one a small bag there.
if we hadn't broke any support we will test $28 resistance straight way.
DONT LEVERAGE OR OPEN FUTURE !!
Synthetix Network Token SNXBTC 💪I may have come late to the party as so many have been shilling SNX last week. But I am here after a confirmation of both high volume, and a breakout on the 3d 50 EMA chart.
My entry is marked in blue.
And my conservative target is set in green.
I know a longer timeframe marks 100% gains, but at this stage of BTC drama I'd rather be extra cautious. What is yours?
take a look ... SNX will do great this month !break out confirmed on 4 hr time frame
✅ Buy: 21 - 22.75 ✅
🎯TARGETS:
1- $ 25.55
2- $ 28.97
3- $ 38.90 (midterm target)
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below $ 16
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Thank you.
SnxMany altcoins have similar technical conditions, starting wave 3 after wave 2 of wave 5.
Targets This movement is marked on the chart.
Visit our page to see an analysis of other Altcoins.
This is not a financial Advice.
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Kamoxan.
🔥 SNX Potential Bull Flag Break OutSNX saw some incredible gains during January and February earlier this year. However, since it touched $28, SNX has seen a steady decline in value, hitting -55% from ATH at some point.
Since hitting that -55% from ATH, SNX has seen a strong increase in value. Recent price action is strong enough to potentially produce a bull flag break out in the short term.
Be aware of the current unpredictability of BTC. If BTC falls, so will SNX. I advise you to wait for a proper confirmation of the break out before entering a trade.
Happy trading!