💎Paradisers, #SNX has recently displayed CHoCH and BOS, indicating a bullish market structure, and formed a cup and handle pattern, suggesting a potential bullish reversal.
💎If #SNXUSDT manages to break above the resistant level, it could signify further upward movement, with potential targets towards the next swing resistant levels.
💎In the event of a...
💎 SNX has broken out of the resistance zone, which is now acting as support. Additionally, it has broken out of a falling wedge pattern and formed a W pattern in the support zone, increasing the likelihood of a bullish trend.
💎 Moreover, the price has exhibited a CHoCH (Change of Character) or a breakout of the previous swing, indicating a bullish trend. Given...
On 1h TF
SNX has rejected $3.1 and strong bounce back to $3.5 now it's returning to test the bottom again
So I think this is the chance to join after confirmation SNX can't through this support
Wait for next move
SNX
is trying to break out off the Accumulation inside a Symmetrical Triangle formation🧐
Confirmed once we break through the confluence of 200 MA + $2.8 supply zone + fib🚀
Do not miss the rally❗️
Charts | Happy Trading
As you can see on the chart
We are currently sitting on downtrend line support
After pumping 50% from last resistance
We bought at 4.70$ support
and sold some at the 7.30$ resistance with 50% increase
Now what?
If you are planning to invest 1,000$ into SNX
Buy 20% now OR at next support
Buy 50% now since Robo has 2 BUY singals
Buy 30% when candle open/close...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (5.09).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SNXUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a...
