Are you staking your SNX? If you aren't, you might look at creating a Celsius Network account and transfer your SNX there and start getting 13.99% APY on your tokens. I started with 2771 tokens on 1 August. I now have 2828 tokens without ever having bought another token. I get more tokens every Monday without doing anything else. This morning, Celsius added 7.11...
This is not financial advice. This is simply what I am doing and why. I find SNX extremely attractive at $10 or below. I consider it on sale. As a derivatives platform, Synthetix Network has a very profitable idea. If they can pull it off, traders will be able to go to one place and trade without using paper moneys (using tokens to buy synths), to the long or...
Synthetix (SNX) Buy Zone -------------------- BIAS Mid-Term : Bullish Risk : Medium The Synthetix break above our white trend line resistance, and we’re reaching at least $7.89 and short term support retest before an upside continuation. -------------------- $SNX/USDT LONG SETUP Leverage : x3 - x5 Entry Price : 5.555 - 6 TP 1 : 6.27 TP 2 : 6.623 TP 3 :...
Synthetix Cryptocurrency Analysis Simple buy snx coin analysis from the aggregation area shown The goals are shown in the diagram
Knowing what is in store for Synthetix Network Tokens (SNX) has kept me in for the long view. I have been fairly impressed with the Chaikin Money Flow (CMF green line on bottom of chart) attempting to maintain positive territory (staying above zero) for SNX even as ETH goes negative. Right now, it seems SNX is more closely tied to BTC money flow. Should be...
crab harmonic pattern: X=$16.36 AB=0.61 XA BC=$0.38 AB *1.6 BC=$4.03 0.78 XA=$4.38 2 BC=$7.23 0.88 XA=$8.11 2.24 BC=$10.44 *2.6 BC=$18.62 1.13 XA=$36.39 *3.6 BC=$86 1.41 XA=$203 4.23 BC=$221 *1.6 XA=$731
As always, this is not financial advice. This is simply what I am doing. It looks like the recent bear action has been especially unkind to Synthetix Network Tokens (SNX). But today is starting to look like it is establishing a floor last seen in June. I am still long on SNX as I believe in the team, the platform, the idea of free trading of derivatives across a...
Looks like the bottom is not very far. Looking for a strong breakout of the descending diagonal resistance to enter a long position. If it doesn't happen, we will re-evaluate as nothing might happen in the next weeks/month if there is not enough volume.
#SNX/USDT $SNX is trading inside long term support zone, hold above this support can increase price to break out from descending resistance, and head up toward resistance zone. in long term price can reach $35 and even $43. break down from current support will drop price to $2.9 and much more lower.
charts.cointrader.pro <= Because more data to Analyze :) Wait and see and here we go x10/20/30
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...
---Kwenta Testnet Takeaways, Next-Price Orders, SIP 80 and 184, and Synthetix Bottom Line--- The following is taken directly from the Synthetix io Blog update, dated 1 December 2021 and titled, "Futures Update." These are only excerpts and you would be well served to read the entire blog update. Kwenta Testnet Takeaways: "Much progress has been made and numerous...
This is a one-hour chart. As you can see, Synthetix was taking a beating along with much of the altcoin market only to fall off a cliff a day ago. I'd refer to this as a black Friday sale on SNX! If you missed out at that price, you likely missed out forever. Now, Synthetix Network Tokens begin their long climb out of this hole on the heels of a multitude of SIPs...
SNX Synthetix has now been sitting in this new micro consolidation between 7.8 and 8.3. It's only been for a few days.. before that I was hoping we would see a support bounce but it never came then fell a bit.. we are still at the bottom of this pattern which makes the pump and break still possible. I'll be watching.. I feel like if we can get to 8.5 at this point...
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...
It occurs to me as I was fielding questions from friends who follow my picks, that any outside observer who clicks on the old dot "io" domain of Synthetix may believe Synthetix as a derivatives exchange has died and withered on the vine. Nothing could be further from the truth. If you don't follow their blog, you may have missed the transitioning that is occurring...
Let me be clear on one thing, we are in the Bull market and Altseason is happening. It is only a matter of time which one pops first. As you can see some of the big names in DeFi are consolidating for a long time. I believe all these four will need to complete another fill Fib Retracement as It has the potential, Volume, and Liquidity. If we look at their rise...