Trade setup : Bullish breakout from Channel Down pattern and above $2.27 (200-day moving average) confirmed bullish trend reversal to Uptrend. Price has reached and got rejected 3x at $3.75 resistance and pulled back, which could be an opportunity to get on the Uptrend. The nearest horizontal support areas are $3.40 and $3.00, which also line up with 23.60% and...
If Synthetix closes a daily candle on this trend line we will see these targets: 1-target: $13.659 2-target: $17.184 3-target: $19.577 4-target: $25.496 Wishing success to all.
SNX is breaking out of the falling wedge and soon will be in price discovery.