Brief Analysis ——SNX
Today, we share three tokens, all of which were relatively popular yesterday. They are LINK, DOT and SNX.
Before July, SNX had completed the repair of FUD. Then the price entered a callback and rose last Thursday. The volatility and volume of the rising this time was higher than the previous average. Price pumped to the highs of MAY on Friday but finally forming a long pin-bar. Even so, the bears took control and after a pullback, SNX rose again on Wednesday. While the candle had another long pin-bar yesterday, as far as the current candle is concerned the bulls is in the lead .
Conclusion: The high probability rise has not ended. SNX is neutral on a large scale and bullish on a small scale. Although the number of upward pin-bars have increased, the price still stay at this position. So we draw this conclusion. We set resistance level at high, 3.3, and support level at the low of callback, 2.56.
If you have any ideas, welcome to communicate with us:)
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Before July, SNX had completed the repair of FUD. Then the price entered a callback and rose last Thursday. The volatility and volume of the rising this time was higher than the previous average. Price pumped to the highs of MAY on Friday but finally forming a long pin-bar. Even so, the bears took control and after a pullback, SNX rose again on Wednesday. While the candle had another long pin-bar yesterday, as far as the current candle is concerned the bulls is in the lead .
Conclusion: The high probability rise has not ended. SNX is neutral on a large scale and bullish on a small scale. Although the number of upward pin-bars have increased, the price still stay at this position. So we draw this conclusion. We set resistance level at high, 3.3, and support level at the low of callback, 2.56.
If you have any ideas, welcome to communicate with us:)
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.