Hello, dear TradingView members. This idea is an SNX analysis. It looks like SNX is getting rejected by the downtrend channel after moving 5% up. The price is now consolidating on a local support level. There are two possible scenarios considering the static resistance on the way up. First scenario: The price can push up and pass the dynamic resistance, which is...
Hello Traders! SNX is moving within the descending trend. The price found support at $2.08-2.65, after which the local upward movement within the correction framework began. At the moment, the price is in the resistance zone - the range of $3.53-4.25. In case of continuation of the main (descending) trend, we will be interested to see the price reaction near the...
last 2-3 weeks we seen huge buying in SNX coin, in upcoming months its to going pump very hard. entry and targets are given on the chart. Treat this idea as long-term investment please Like and comment if there are any queries. #bitcoin #altcoinseason #altcoin #altnews
Synthetix’s SNX token rose over 14% in the past 24 hours as developers said the protocol’s decentralized autonomous organization (DAO) had renewed a deal with liquidity provider Jump Crypto. DAOs are entities that have no central leadership, and are owned and governed by their members. Their decisions are carried out by software rather than by human...
SNX is ready for an upcoming uptrend! On the daily / 3D chart we can spot a bullish inverse head and shoulders pattern that is very close to a breakout! The impulse Elliott wave (5-3-5-3-5) has been successfully completed and because of that I expect an ABC retracement of this bear trend to 0.618 FIB / end of the wave (4). You can set your profit target...
Hey Guys, I think SNX could give us a big nice pump, but before it has to get above the support. I would not trade or buy it, if not. NO FINANCIAL ADVICE | DYOR | HAPPY TRADING
Hi dear friends, hope you are well and welcome to the new update on Synthetix ( SNX ) token. On a monthly time frame, SNX has formed bullish BAT pattern. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Hello Crypto traders, today we will talk about cryptocurrencies, specifically SNX Token in which we see pretty nice bullish development from Elliott wave perspective. Cryptos in general are actually trading at very deep, but important and interesting support zone, from where we can expect a bullish turn. What we actually see on SNXUSD is an impulsive five-wave...
Hello, dear TradingView members. This idea is an SNX analysis. SNX moved 70% up after their tweet. And the exciting fact is that the market is still not overbought. On a daily basis, the market isn't strong enough. Still, if we shorten the timeframe, we can see a bit of potential for moving higher. Two scenarios are possible for this chart: Scenario one: The...
SNX Retesting on resistance become support rendline , potential rejection and this zone fresh demand or accumulation zone Buy zone : 2.68 - 2.45 - 2.32 Target : 2.808 - 3.011 - 3.311 - 3.761- 4.314 Stop : 2.2
Reasons to take short ⭐️ BTC is bearish ⭐️ Trend bearish ⭐️ Level is 13d old ⭐️ Level is visible on multiple timeframes ⭐️ Volume at top ⭐️ 4th touch ⭐️ Under VWAP We need more accumulation near the level before considering short. Instrument has to consolidate Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will...
Hello, everyone We're a team that specializes in chart analysis We will always analyze and provide you with charts to help you sell There are so many trading laws and there are so many good technologies that come with them, but I'm confident that the trend line is really strong. If you read the point of view and get to know the line, every line will adjust Thank...
With SNX breaking down in a bearish trend, it seems unlikely that the support will hold. The next leg of the structure has the potential to tap the liquidity area. This area will tap the stop hunts. The price of this area is ranged from $0.5-$0.6.
The Trendline in green is being maintained with two prior touches of support along it. This provides good potential for another support touch and continuation up.
We have a Potential Right Shoulder forming at what would be the PCZ of a Bullish 5-0 Locally and the PCZ of a More Macro 1.13 Bullish Shark
SNX should make a 20% correction from this retracement level. The next resistance break or retest will be the determining phase for SNX.
Holding up fairly well in this downturn, has a use case and will probably trend higher in the coming years.
I am just wondering if you guys are seeing the same things I have been seeing with not only Synthetix (SNX) but many other potential future winners as well, let me know what you guys think about SNX...