I just took a position on SNX, great potential. I will accumulate in the DCA zone if the correction is stronger, no worries. Potentially a cup and handle formation taking shape, to be confirmed.
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🔮 #SNX Analysis - Breakout Trading 🌟🚀 #SNX was trading in a Bearish Pennant Pattern in weekly time frame and breakout the pattern. But due to Middle East tautness the price dropped heavily. Now we get another chance for entry, Middle East tensions cause more correction than our expectations and right now testing solid support☑️ Expecting Higher High Soon still...
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#SNX The price is moving in an upward trend on a 4-hour frame, and the price is about to bounce back higher We have a Resin support area at $4.34 We have a downtrend on the RSI indicator that is about to touch it again We have a higher stability moving average of 100 Entry price 4.34 The first target is 4.65 Second goal 4.91 Third goal 5.17
SNX ~ 1W 📈 #SNX Successfully exit the Accumulation zone, Make purchases gradually from here with a minimum target of 20%+
Pretty clean chart for $SNX. - years of wyckoff accumulation - higher lows - riding weekly MAs in my opinion it appears to be a typical market cycle progressing within the defi space. it's kind of doing its own thing while retail speculates on other coins. This is one of those set it and forget it type of charts. Looks like it wants to break out in the coming...
SNX - Trading in upward channel / bullish pennant formation ! Interesting swing trade opportunity ...
Following a period of consolidation, SNX decisively broke above its established support at $3.00. This bullish move comes after several attempts by sellers to push the price lower, all of which were met by strong buying pressure. This sustained buying pressure suggests a significant shift in sentiment among investors, who are now turning increasingly bullish on...
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Greetings Crypto Enthusiasts! 👋 SNX, a true gem in the crypto cosmos, shines brightly with a market cap of 958M. 📊 SNX Essentials: Market Cap: 958M Circulation Supply: 304,391,280 SNX Total Supply: 328,193,104 SNX TVL : 647M ⚖️ Chart Analysis: Accumulation Unfolding: Witness the grand accumulation depicted by the dark green rectangle and a smaller, already...
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Synthetix (SNX) looks ready to take off after breaking the long-term bearish structure. Also note the large increase in volume during the current month. 🔸 Sector: DeFI 🔸 Marketcap: $1,44B (#73) 🔸 Circulating supply: 99.87% Holding a bag for a mid-term on spot.
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💎Paradisers, zoom in on #SNXUSDT, as it's showing clear signs of an impending major move from a critical demand level. 💎#Synthetix is currently on an upward swing, hinting at a bullish continuation. It's been tracking a descending channel pattern, consistently respecting the channel's resistance. We're anticipating a retest at the demand level of $3.091, which...