KUCOIN:SNXETH   Synthetix Network Token / Ethereum
another look
lots of confluence for this to be a bottom out/
accumulate area
weve got the og uptrendline from wicks in the 2018selloff
kucoin eth listing price areas and initial resistance also 2018
rsi breaking downtrend for the 1st since december 2019
obv local breakout matches the downtrendbreakout
144% to nearest fib lvl
just broke above 20ema
60% to the 50ema
lots of potential if the market can remain in rangemode or anything accept bearish totalcap i spose aha
fundamentals havent changed
maybe the psycological cycles will be less extreme than previous cycles
we shall see
Komentar:
techically right in the middle of a 50% either way swingrange so be careful
the new upgraded netowk does look v nice to me hence my bullish bias

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