It was just 2 months ago when we called for a short-term bullish move on Synthetix (SNXUSD) and projected a major break-out in January 2023: The projection was modelled out of the Lower High legs of the Bear Cycle since May 18 2021. All three fractals pointed to a break of the May 2021 Lower Highs trend-line by the end of January 2023, with the one that has...
SNX rejecting of 200ema on daily charts. Stoch Rsi crosses losing momentum and on RSI divergence. Great short opportunity.
Green box and EQ might be worked as a support level . The bottom of the red box, liquidity zone and around 1.95 will be the points I will observe as resistance. With the loss of 1.7 (1H) , the first bounce of the price will be around 1.61 . I wish everyone a good week.
SNX showing an interesting view for a low time frame, with the possibility that SNX can target $1.97 coming time. we will follow the coin to see if it can get confirmed. checking also if this coin is able to become a day changer coin.
SNX can drop anywhere from 20 to 50% starting tomorrow. The crypto winter is getting much colder.
The Synthetix Network token (SNXUSD) is having a very bullish day following the rebound on the June Support Zone. Being still restrained below two Lower High Resistances, April 01 2022 and May 18 2021, this is a short-term rebound that targets the 1D MA200 (orange trend-line). However, having rebounded on the 1W RSI Support Zone, this bounce can be similar to the...
Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 I've been making updates on altcoins that have massive upside potential and good risk to reward rations. These ideas are...
SNX has formed a local uptrend. Trading volumes show interest in price growth. RSI entered bullish zone (4H TF) I expect growth if the asset overcomes resistance.
Expecting a move to the downside for SNX and this is my trade setup. Short entry below 2.200 with stop lose above invalidation line and take profit at T1 and T2. Probably we have a zigzag patern with a leading diagonal for a wave A and a flat coorection for wave B. Now we are into wave C with wave 1 and 2 finished. Good luck!
SNX : Day trade Update showing on small time frame slowly increase trend what can make this coin having more volume coming time.
Hi Traders, Investors and Speculators Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 Here's a long setup bullish idea on SNXUSDT. I have been bullish on this altcoin for months now and have already taken 30%...
Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 Synthetix Network Token (SNX) is an Ethereum token that powers Synthetix, a decentralized synthetic asset issuance...
September has major catalysts for the crypto market as well as for the stock market. The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike. That is reflected in the crypto space in general as a bearish outlook. Synthetix SNX has a negative overall...
After a 95% drop from its top, SNX formed with its fall the ABCDE waves and at the end of its E wave it still created a head and shoulder inverse shoulder with a target at $7.50. An opportunity that can give us up to 150% profit. This review is for study only, do your own review. This analysis becomes invalid if BTC continues its decline.
Globally, the SNXUSDT price is still in a downward trend that has been ongoing since the beginning of 2021 However, now the SNXUSD price is trying to establish itself in the upper part of the descending channel, which gives a chance for positive thoughts about the continuation of the growth. So, if in the coming days the SNX price is held above $2.70, then the...
SNX has been ranging for quite sometime in this range is finally squeezing very tightly in the end of the range. Based on its performance, i expect this to break the trend upwards. im not going into too much more detail, my last idea posted explains exactly how i utilize this break out pattern to set successful entries and solid/safe TP's! please feel free to...