Just want to leave TA for posterity.
RSI seems to have bottom out. Inferior lvl of the current channel.
I've painted with colours so i can identify the currelation with RSI indicator.
Added some SNX. Who knows..
Welcome to this quick SNX/USDT analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :-SNX/USDT price is moving in a falling wedge pattern and It needs to breakout the current support and trend reversal for a clear uptrend.
Entry:-CMP and buy green zone
Traget:-30% to 40%
Stop loss :- $7.38
Remember:-This is not...
Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
SNX/USDT is making bullish falling wedge pattern Broke out the support level...
On the daily charts I noticed that it appears that SNX could be forming one of the largest bull flags I've ever seen. This is not trading advice, but I'm personally long on SNX since it has yet to mark up and return to it's ATH this cycle leaving plenty of potential for gains. It's very possible that it could consolidate to gain momentum for a little longer, but...
Entry at 9,50
Stop at 9,20
Target 1 20$
Target 2 27$
Target 3 83$
We are just forming a Cross on the Stochastic RSI following with a higher low on the RSI and a higher low in price
This trade I'm using a extremely tight SL on just 4%