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✳️ Synthetix Bullish Continuation = Bullish Confirmation (80%+)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 determine how far up SNXBTC will go. To know how far up the USDT pairs will go, check FETUSDT. I hope that helps. Namaste.
Long
by AlanSantana
1
Synthetix (SNX) Ignites Market ExcitementIntroduction: Synthetix (SNX) is a decentralized protocol that allows the creation of synthetic assets on the Ethereum blockchain. It has been gaining popularity in the cryptocurrency market due to its unique functionalities and innovative approach to synthetic assets. In this technical analysis, we will examine the SNX/USDT trading pair and provide an overview of its current trend and potential price movements. Current Trend Analysis: SNX/USDT has been moving in an uncorrelated manner compared to most of the coins in the cryptocurrency market, indicating strong price strength. This strength can be attributed to the major resistance level that was broken on the daily timeframe. This breakthrough suggests that the mid-term uptrend is likely to continue. Price Predictions: Based on our technical analysis, we anticipate a major 40% price increase from the current level. However, investors need to watch out for a new lower low, as this could invalidate the bullish outlook. Conclusion: In conclusion, the SNX/USDT trading pair presents a promising opportunity for investors to participate in the growth of the Synthetix protocol. Its unique functionalities and innovative approach to synthetic assets make it a valuable addition to any investment portfolio. With the current trend and potential price movements, it is crucial to stay informed and vigilant to make the most out of this opportunity.
Long
by CryptoPAMM
$SNX/#BTC [#Synthetix]: SuperTrend BBand_Breakout◳◱ We've detected both a Bollinger Band breakout and a Super Trend pattern on the $SNX / $BTC chart. Both indicators are signaling a bullish trend, with the Bollinger Band indicating a potential bullish trend as the price has moved outside of the upper band and the Super Trend showing a bullish trend. This is a stronger bullish signal as both indicators are aligned. It may be a good idea to consider buying at the current price zone and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.0001216 | 0.0001297 | 0.0001481 and the major support zones are at 0.0001032 | 0.0000929 | 0.0000745. However, it is still important to consider other factors such as overall market conditions, and other technical indicators before making a trade decision. ◰◲ General info : ▣ Name: Synthetix ▣ Rank: 77 ▣ Category/Sector: Financial - Derivatives ▣ Overview: Background details for Synthetix project are currently unavailable. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.0001128 ₿ ▣ 24HVol: 7.905 ₿ ▣ 24H Chng: 4.93% ▣ 7-Days Chng: -4.82% ▣ 1-Month Chng: 7.34% ▣ 3-Months Chng: 60.08% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.0001216 | 0.0001297 | 0.0001481 ◢ Support: 0.0001032 | 0.0000929 | 0.0000745 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: 0.79 ▣ Last 90D: 2.06 ▣ Last 1-Y: 0.36 ▣ Last 3-Y: 0.72 ◲◰ Volatility : ▣ Last 30D: 1.21 ▣ Last 90D: 1.01 ▣ Last 1-Y: 1.46 ▣ Last 3-Y: 1.68 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.56 - Bullish ▣ Reddit sentiment score is 0.28 - Very Bearish ▣ In-depth SNXBTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
SNXETH - Broken Channel, Small Gains Likely, Big Gains Possible6 Months of strict downward channel trending followed by quite a significant break on the upside. We can detect 2 main levels where the price is likely to head toward, even our most pesimistic opinion puts gains at around 10% on SNX, our most optimistic views puts the gains nearer the 50% mark! Could be one to watch with both eyes here! 👀 If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
SLong
by theCrypster
4