SYNTHETIX - SNX/USDT

- USDT (-)

- Real time data - CoinMarketCap

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	SNXUSDT
ISIN:

SYNTHETIX - SNX/USDT - Daily - Technical analysis published on 08/17/2021 (GMT)

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

72%

22%

My opinion

Bullish above 10.06 USDT

My targets

13.69 USDT (+9.87%)

16.11 USDT (+29.29%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SYNTHETIX - SNX/USDT as long as the price remains well above 10.06 USDT. The buyers' bullish objective is set at 13.69 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 16.11 USDT. If there is any crossing, the next objective would be the resistance located at 18.90 USDT.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

5.7

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The SYNTHETIX - SNX/USDT rating is 12.46 USDT. On the day, this instrument gained +2.81% and was between 11.74 USDT and 13.10 USDT. This implies that the price is at +6.13% from its lowest and at -4.89% from its highest.

11.74

13.10

12.46

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by SYNTHETIX - SNX/USDT:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of SYNTHETIX - SNX/USDT in Daily shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	7.51	9.68	12.43	12.46	16.11	18.90	23.36
Change (%)	-39.73%	-22.31%	-0.24%	-	+29.29%	+51.69%	+87.48%
Change	-4.95	-2.78	-0.03	-	+3.65	+6.44	+10.90
Level	Minor	Intermediate	Major	-	Intermediate	Minor	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.44	11.26	11.69	12.51	12.94	13.76	14.19
Camarilla	11.78	11.89	12.01	12.12	12.24	12.35	12.46
Woodie	10.25	11.16	11.50	12.41	12.75	13.66	14.00
Fibonacci	11.26	11.74	12.03	12.51	12.99	13.28	13.76

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.64	7.98	10.49	11.83	14.34	15.68	18.19
Camarilla	11.94	12.29	12.65	13.00	13.35	13.71	14.06
Woodie	7.23	8.27	11.08	12.12	14.93	15.97	18.78
Fibonacci	7.98	9.45	10.36	11.83	13.30	14.21	15.68

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.73	2.85	6.48	10.06	13.69	17.27	20.90
Camarilla	8.13	8.79	9.45	10.11	10.77	11.43	12.09
Woodie	-0.71	2.86	6.51	10.07	13.72	17.28	20.93
Fibonacci	2.85	5.60	7.31	10.06	12.81	14.52	17.27

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	64.56
MACD (12,26,9):	0.8300
Directional Movement:	15.66
AROON (14):	85.71
DEMA (21):	11.88
Parabolic SAR (0,02-0,02-0,2):	10.78
Elder Ray (13):	1.02
Super Trend (3,10):	9.19
Zig ZAG (10):	12.75
VORTEX (21):	1.1300
Stochastique (14,3,5):	81.56
TEMA (21):	12.52
Williams %R (14):	-14.68
Chande Momentum Oscillator (20):	2.17
Repulse (5,40,3):	6.3600
ROCnROLL:	1
TRIX (15,9):	0.8200
Courbe Coppock:	48.66

MA7:	11.96
MA20:	10.64
MA50:	9.80
MA100:	10.98
MAexp7:	11.99
MAexp20:	10.95
MAexp50:	10.39
MAexp100:	11.28
Price / MA7:	+4.18%
Price / MA20:	+17.11%
Price / MA50:	+27.14%
Price / MA100:	+13.48%
Price / MAexp7:	+3.92%
Price / MAexp20:	+13.79%
Price / MAexp50:	+19.92%
Price / MAexp100:	+10.46%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia AI

Online

Overall rating :

15918

Number of analyses :

97058

Followers :

I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…