$SNX is bouncin off the support level and the ascending trendline. Bullish movement to 2.91$ is likely to happen.
Synthetix broke trough the support level. Asset broke trough the ascending trendline. Bearish movement to support level at 1.83 is possible.
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
$SNX bounced off the resistance level. Decline to support level at $1.95$ is likely to happen.
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...
$SNX broke through the resistance level. Bullish movement to 2.74$ is expected to happen.
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...
$SNX broke through the resistance level. Bullish movement to 2.05$ is expected to happen.
Past Performance of Synthetix Synthetix is up 46 percent from the December low and relatively stable, checking the performance in the daily chart. As asset prices soar, SNX is stagnant, trading below the $2.05 resistance level. Even so, the leg up in the past few days places buyers at a pole position for a breakout toward new Q1 2023 highs. #Synthetix Technical...
Hi dear friends, hope you are well and welcome to the new update on Synthetix ( SNX ) token with BTC pair. On a daily time frame, SNX is about to complete the final leg of 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
Past Performance of Synthetix Synthetix remains under significant selling pressure. As an illustration, the token is down roughly 60 percent from H2 2022 peaks. Overall, SNX bulls have been struggling to add to their longs following the break above the bear flag in late November. Presently, clear support levels lie at $1.56 and $1.76, respectively. #Synthetix...
Here is a pair before the bullish breakout... Synthetix Network Token (SNXUSDT). For this pair, we have a higher low compared to June but still trading below EMA50. Since we've seen how the other altcoins are moving, we know that SNXUSDT will follow, or at least we can make this inferrence from the chart signals. Or we can say this is a setup with low risk...
This is a long term chart of SNX with a breakout around 1/17-1/30 2023 coinciding with the macro structure of the chart. Looks as though the bearish pattern has played out but there could another sell off as the head and shoulders is debatable on where you measure either it is -80% down or 87% which would be another large sell off in December. Since the Dxy has...
Past Performance of Synthetix Synthetix is inches away from November and 2022 lows. SNX remains under pressure, looking at the performance in the daily chart. Presently, the token is trending inside a bear flag and within the November 8 and 9 bear candlestick. For the uptrend to take shape and SNX bulls to be relieved there must be a close above $1.85 and the...
The Synthetix Network token (SNXUSD) is having a very bullish day following the rebound on the June Support Zone. Being still restrained below two Lower High Resistances, April 01 2022 and May 18 2021, this is a short-term rebound that targets the 1D MA200 (orange trend-line). However, having rebounded on the 1W RSI Support Zone, this bounce can be similar to the...
Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 Synthetix Network Token (SNX) is an Ethereum token that powers Synthetix, a decentralized synthetic asset issuance...
September has major catalysts for the crypto market as well as for the stock market. The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike. That is reflected in the crypto space in general as a bearish outlook. Synthetix SNX has a negative overall...
Globally, the SNXUSDT price is still in a downward trend that has been ongoing since the beginning of 2021 However, now the SNXUSD price is trying to establish itself in the upper part of the descending channel, which gives a chance for positive thoughts about the continuation of the growth. So, if in the coming days the SNX price is held above $2.70, then the...