Synthetix is a decentralized liquidity pool provision protocol where users can borrow liquidity at low fees. Anyway, after a huge rise, SNX has been in a downtrend for a while. Recently, SNX broke the downtrend line as well as the minor one. Let's see how far SNX can go.
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After SNX made a double bottom and broke the major downtrend line, now SNX is moving in a triangle pattern. Let's see what happens.
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SNX broke the triangle pattern upward; up it goes.
Be careful; a pullback could happen.
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So, SNX broke the triangle pattern upward, gone up, and made a nice pullback on the triangle's upper line. Probably resting a little more here; Let's see when SNX continues upward wave.
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So, as it turned out, SNX is moving in an inverted wedge pattern. Currently, at the bottom, broken the minor downtrend line and is going up. Let's see what happens.
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So, SNX broke the downtrend line and is going up toward the inverted wedge's upper line and the major horizontal area. Let's see what happens.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.