SNXUSD
$SNXUSDT - Elliott wave analysisHello everyone!
It seems that Synthetix found a strong lasting support at $13, which should act as a booster of the SNX.
Synthetix according to the EW has completed the 4th wave, as usually 4th wave is 0.618 of the 3rd wave.
Although I highly recommend you to go long upon the breakout of the dynamic resistance.
Expect volatility today, remember the BTC futures settlement.
SNX following ADA's 2017 pamp : cycle behind ; final target 250%SNX following ADA's 2017 pamp : cycle behind ; final target 250%
this was me trying to figure out if i should bag this one or ren/sushi/aave...
maybe you have a bag already.
this thing did some crazy multiples already. congrats if you got this one near the bottom.
SNX/USDT can do a bullish movementHi every one
SNX / TETHERUS
SNX/USDT is in a symmetrical triangle right now this means after the break out the price can increase as much as the measured price movement (AB=CD) a little bit of correction might happen before the bullish movement.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
SNXUSD Buy: Multiple Bullish signsHello Traders!
SNXUSD pair is showing multiple strong bullish signs and it is the best pair to hold now.
The first strong sign is a trendline breakout and there is also a divergence in MACD vs Graph and the MACD is also below the zero line, which means there is a big space to move up in this pair.
The first Target is the 1:1 size calculated from the previous high to the bottom of retracement and this target will give about 120% of the investment but I think it won't stop there as it can reach 1:3 of the calculated retracement.
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SNX/USDT On my Watchlist for tomorrow Potential intraday position long trade.
These days I trade intraday.
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
SNX/USD: BULLISH SET UPSNX (Synthetix Network) Binance Chart
Ichimoku : The lagging span was blocked by the candle. Price still below the cloud so trend still bearish.
However
Kijun and Tenkan as support
And
Trend line : was broken which shows some signs of reversal. Price now retesting the trend line, could bounce and start an uptrend.
Targets: Fibo extensions on the chart
How to play it?
You could enter now with a stop loss just below the trend line (about 18.40) OR wait for the price to be back above the cloud and the lagging span to break the trend line. With the 2nd option you'll miss a part of the move but the change of trend will be confirmed.
Trade safe
New Altcoin I went long on at breakout $SNX Synthetix Added another cryptocurrency to my long-term portfolio.
SNX is a cryptocurrency that powers the Synthetix protocol. Synthetix protocol enables trading synthetic assets on Ethereum. Synths are tokens that provide exposure to assets such as gold, Bitcoin, U.S. Dollars, TESLA, and AAPL within the Ethereum blockchain.
RSI and MACD are showing signs that bulls are back in control.
Today we are breaking out of this bull flag.
stop-loss - $16.
Short term price target - New All-time high
SNX/USDT BreakoutSynthetix (SNX) - Daily Log Chart
A Protocol For Trading Synthetic Assets On Ethereum.
Synthetix is an Ethereum-based protocol for issuing and trading synthetic assets, including cryptocurrencies, leveraged tokens, equities, and other real-world assets.
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
SNX/USD - Get ready for $30 soon! 🚀🚀🚀SNX is looking sexy. This chart is primed for some nice explosion to the upside (see yellow arrows):
MACD = bullish
RSI = bullish
Volume = bullish
Once we break out of this triangle, the game is on! Make sure you set and alert!
Bias is very much bullish on this chart and provided BTC and ETH don't ruin the fun, we should go higher pretty soon.
Market for alts is getting hot, especially now that BTC dominance has cracked under 60%... you know what that means right? Check my BTC Dominance chart below to find out. :)
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SNX just triggered for a solid bounce play off the lower rangeSNXUSDT just triggered for a possible good risk conscious trade off the lower range. With crypto on whole in a massive bull market bounces off the lower range have been super high probability trades with large returns really quickly. A potential trade could be a buy here with a target up into the 19.50 range. We are trading this long in our live account.