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SNXPERP trade ideas

SNX/USDT - Long term 240% targetHello, traders! The price of SNX is at the upper bound of the range of $5.44 - $8.34, which was the beginning of the previous business cycle. Therefore, in this range, we can expect the beginning of a new one. The price range of $5.44 - $6.55 will be [ptimal for the purchases, where you can get a more favorable entry point for a long-term deal. Stop-loss can be placed under the price at $4.32 Objectives for purchase are levels $11,50 $13.50 $16,39 $22,30 Good luck and watch out for the market. P.S. This is an educational analysis that shall not be considered as financial advice
FTX:SNXUSDLong
by UnknownUnicorn10064030
Synthetix Network Token (SNX) - June 17Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (SNXUSD 1W Chart) It remains to be seen if the price can sustain above the 7.18818242 point. You need to trade cautiously before breaking out of the downtrend line. (1D chart) It remains to be seen if the 7.83712580-9.58486731 zone can find support and move up. The price should remain in the range of 9.58486731-13.08035054 to convert into an uptrend. If it falls from the 7.18818242 point, it may take a long time to rise as it enters the mid- to long-term investment area, so careful trading is required. However, the 4.08924351-5.01566486 section may find strong support and move up along the uptrend line, so you should think about how to respond. ------------------------------------- (SNXBTC 1W chart) It remains to be seen if the 0.0002333-0.0002815 zone can find support and move up. If the price holds above the 0.0002333-0.0002815 range, we expect the uptrend to continue. A full-fledged uptrend is expected to begin only after breaking out of the downtrend line. (1D chart) It is important to have support in the range 0.0002166-0.0002625. To convert into an uptrend, it needs to rise above the 0.0002815 point for support. However, it should break out of the downtrend line to accelerate the uptrend. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
POLONIEX:SNXUSD
by readCrypto