Price is in demand zone, good area to buy. Assuming BTC holds, SNX should be making its way up. SL: depends on how lenient you are Crypto fear and greed index is in extreme fear - you know what that means. Good luck, not financial advice, trade at your own risk.
#Synthetix #SNX 4H Chart Analysis Analysis based on RD+ divergence formation, valid channel formation, and triangle formation targets: 1- 11.8$ 2- 12.9$ 3- 14.1$ stop loss: 9.2$ time: 3D-2W
Hi every one SNX / TETHERUS SNX/USDT is ranging in a Big Ascending Triangle! this means The Price can Increase as much as the Measured Price Movement!(AB=CD) but the break out has not happened yet so there are no confirmations! and if you take a Closer look you can see a Hidden Bullish Divergence (+HD) on MACD indicator! since Indicators show the Future of the...
SNX Cryptocurrency token is ready to breakout on daily time frame.
SNX is another coin that has not pumped in the recently rally, we think the bullishness for the entire crypto space will spread like wild fire and it's only a matter of time it reaches the SNX camp. BULL CASE Price may find immediate rally from, blast past it and find consolidation well above the 200MA near the $20 levels. BEAR CASE In the event price dumps...
SNXUSDT will up up soon you can buy in this price (11.35) and wait until it goes to 13-14 and maybe 15 and so on Stoploss point is 10.50
Market Cap $2,116,653,547 24 Hour Trading Vol $114,309,742 Fully Diluted Valuation $2,859,320,550 Total Value Locked (TVL) $2,097,098,088 Fully Diluted Valuation / TVL Ratio 1.37 Market Cap / TVL Ratio 1.01 Circulating Supply 172,443,028 Total Supply 232,947,851 Max Supply 232,947,851
Continuing on my previous chart, presenting another viewpoint for you to consider. you can find the other charts below.
Snx is is in ascending triangle and is ready for breakout. Keep an 👀.
Continuing on my previously published idea when SNX was $7-8 around a month back. We are going to see the next bull wave in SNX which should take it to >$60 if BTC and ETH continues the uptrend. Great setup with great Risk/Reward and technical indicators pointing to it.
This might be the final strong upside wave for snx and many other altcoins, before we experience a hard pullback.
On the 4 hour chart we have a bullish divergence on the RSI. All things considered I think that SNX is ready to break out. If Bitcoin holds the 21 week MA, I’m very bullish.
Everything is quite clear and does not need to be explained ...
SNX looking strong after bouncing twice from a weekly support at 7.30$ a +200% would be made entering and holding from here. This is not financial advice.
SNXUSDT Technical analysis Update SNX/USDT currently trading at $10.55 Channel breakout Buy level : $10.45 -$10.60 Stop loss: $10.10 TP1: $11.15 TP2: $12.00 TP3: $12.50 TP4: $13.00 Max Leverage 2x Always keep Stop loss
Just wanted to point out the giant double bullish divergence on the SNX weekly chart. I think triple digits are possible before next summer. Good luck everyone.