Past Performance of Synthetix
Synthetix prices are firm, adding roughly 45% from last week's lows. Though prices are inside a bull flag, buyers are determined to press on. In the short term, resistance remains at around $3.3. Any surge above this reaction line may see the token break higher, printing new 2023 highs in continuation of buying pressure from Q4...
Last week, buyers of SNX were very active and managed to organize a +70% increase.
This is a good result, but they still failed to break through the trend line that has been stretching since the beginning of 2021 and consolidating price above it.
(If you narrow the chart, you will see the entire trading history of SNXUSDT)
And although it was not possible to...
SNXUSD crossed over the Bear market's Falling Resistance for the 2nd time this month on a clear long term bullish signal.
It is already 3 weeks after the Golden Cross (1d) formation.
Trading Plan:
1. Buy on the current market price.
Targets:
1. All Fibinacci retracement levels on by one up to 9.000 (Fibonacci 0.618, the Golden ratio).
Tips:
1. The MACD (1d) is...
Synthetix Network Token (SNX) is a digital asset currently trading at $2,850 per token. Looking at the daily timeframe, the Relative Strength Index (RSI) is now at 54.5, indicating that the asset is not overbought or oversold. The volume oscillator is at 5.67%, which suggests that there has been moderate trading activity in the asset.
When considering the...
SNXUSDT(Synthetix) Daily timeframe range. the daily candle trying to stay above #2.764 which open a way till #3.531. a big part depend on market sentiment and how far btc retrace as we had a lots of negative news recently. it needs a little bit of more volume here.
Hi Traders,
#crytpo #snx #syntheticNetwork
As I explain the macro and current price range, I see opportunities which I explain.
So we plan and if conditions are met, we execute.
Please give me a like and share,
Regard,
S.SAri
Synthetix (SNXBTC) today confirms its bullish bias by producing a strong breakout above EMA300 and MA200.
Bullish continuation = bullish confirmation. 😉
It is now confirmed, once more, that the bulls own this market.
You can expect much more growth.
You can read the 'Related Ideas' below for the previous charts and also to find AGIXBTC which can help you...
Hi dear friends, hope you are well and welcome to the new update on Synthetix ( SNX ) token with BTC pair.
On a 4-hr time frame, SNX has formed a bullish BAT move.
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
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...
SNXBTC has the same chart as everything else in this market... Follow me!
A long-term higher low, Dec. vs June 2022.
Strong RSI near support.
Trading above EMA10.
After the big altcoins grow, it is time for the small ones to follow.
We were expecting for everything to grow and these charts are pointing to just that.
Expect the BTC pairs to move...
