Hi dear friends, hope you are well and welcome to the new update on Synthetix ( SNX ) token.
On a daily time frame chart, the price action of SNX has formed the final leg of the bullish Shark pattern.
Buying and sell targets for Shark move:
Buy between: $16.21 to $14.50
Sell between: $17.79 to $21.27
Stop loss:
The maximum extent of the potential reversal zone to $14.50 can be used as a stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 46.5%, and the high loss possibility up to 11%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
For more harmonic trading ideas you can join:
https://www.patreon.com/moon333
Link for Binance exchange, the best place to buy or sell Crypto:
