Mention the Elliott wave principle Traders like to trade on the 3rd wave, I think we're on wave 2 and it's coming to an end. The base is at the red line, should not be below this line.
On the weekly chart, it's pretty clear that SNX has been on a major downtrend for months. It broke past the .786 retracement and is now heading toward previous support from October/November 2020. Who knows if it'll ever reach previous ATH again, but if it does, it will be a massive run up. Be cautious trading this. This is not financial advise. These are just...
Hello friends, today I am completing a technical analysis on the 1D linear scale chart for Synthetix ( SNXUSD ), an altcoin cryptocurrency. #CryptoPickk notes the following: 1) Synthetix price has been falling since February 2021 when it met the all time high. 2) The price is around a crucial Fibonacci Retracement level of 0.786 at around $6.85-$7.00. 3) Along...
There is a long position in SNXUSDT SNX SNXUSDT SNX 🔵Long Now or set on Key Level 7.150 🟢Target 1 7.530 🟢Target 2 7.900 ❌Stop loss 6.900 #K_Level
Since BTC decided to do a nice little drop last night, basically knocking “most” alts down with it, I thought I’d review my watchlists to see what coins I follow were is primo position for positive movement. As you can see I use a custom “MacD” I got off the TradingView list, and the Stochastic RSI for determining potential energy levels is my way of describing...
Synthetix appears to have bottomed when looking at the long-term view and has now began its 5th cycle wave that could propel its price as high as $200. However in the short-term it's slightly bearish before resuming it's uptrend.
Hello friends, today I am completing a technical analysis on the 1D linear scale chart for Synthetix (SNXUSD), a cryptocurrency altcoin. In the chart I noted: 1) Synthetix price has respected the bottom trendline since October 2020 and most recently touched the trendline and bounced off of it. It is still hovering around this area. 2) Around the end of November...
Synthetix SNX is in a large triangle pattern but let's look at the small descending channel for now. It seems that there may be a potential breakout coming up. If SNX breaks the resistance around $13, it may get a chance to move higher. What are your thoughts? Comment below, hit the like and follow me. Thank you! Disclosure: This is just my opinion and not any...
Snx double bottomed confirmed and is ready to move. It is going move really fast to $28. Keep an eye on this its about to explode.
#SNXUSD $SNX is a low cap coin that didn't increase yet. price is inside a triangle that break out from upper line can lead price toward resistance zone which is more that 40% increase. first target of this triangle can be around $22 (120%) and if in long term price can touch $35 (250%) and more to touch last target of triangle. if price break down the lower line...
It's look good. I think it will be touch $50 but for long term. Maybe it can move within the channel for the time being.
I made a chart a few months back called "Synthetix quietly breaking the downtrend" that is linked in this chart as well. The circled dragonfly doji candle is what marked the end of the downtrend and new upswing starting. Anyway,, I think the quiet time might be over and it's about to make some loud noises. As soon as it breaks above it's down trending...
SNXUSD 1D Chart. Possible run up to the top of the trend line? RSI and Stoch RSI seem to be ready for the move. I also presented the resistance and support area circled. Keep an eye on this. What are your thoughts? Comment below and hit the like please. Thank you! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and...
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...
#SNX USDT 4H Chart SIGNAL by Sajjat Hossen This Is Risky Call Because Of Bitcoin. ⚠️ Entry ✅ If 4H Candle Close Above $10.09 Stop-loss ❌ If 4H Candle Close Below The $9.20
SNX is currently consolidating above a critical long term demand level.
Hi guys, I think the best time to buy is when the price reaches the support point near the uptrend, and by stabilizing the loss limit of the line, you can use the price hike.