💡Don't miss the great buy opportunity in SNXUSD @synthetix_io

16 de dez. de 2021

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 dynamic resistance.
. The RSI is at 53

Take Profits:
TP1= @ 5.33
TP2= @ 5.61
TP3= @ 5.97
TP4= @ 6.36
TP5= @ 6.99

SL= Break below S2

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