cup and handle on 4 hour SYN/USD coinbasegood day trade idea. maybe take profit 8-12 hours but it could be a nice around 35% gain.
SYNUSD trade ideas
SYNUSD 12/2/2024DSYNUSD Daily Chart Analysis
The chart for DSYNUSD presents a classic bullish setup, contingent on BTC maintaining its strength. Here's the breakdown:
Pattern Formation:
1) Price has been forming an ascending triangle since August 2024.
A breakout from this pattern occurred recently, signaling bullish momentum.
Breakout Confirmation:
2) We now have multiple daily closes above the resistance line of the triangle.
The most recent candlesticks are smaller, indicating a pause or consolidation near the breakout level.
Volume Analysis:
3) A notable volume spike accompanied the breakout, adding validity to the move.
Trade Plan:
- Position: Long
- Stop Loss: Below the breakout level to account for potential pullbacks.
- Target: Measure the height of the triangle and project it upward to determine a price target.
This setup looks promising, especially if BTC maintains its current levels or continues upward.
Entry: 0.725
Stoploss: 0.0609, -15.42%
Target: 1.384, +92.22%
SYN USD: Bearish Bat Completion ZonesSynapse: SYNUSD.
Completion zones of a potential bearish bat pattern:
TP 1: $1.50-$1.75 around the .886 fib extension.
TP: $2.75 or around the 1.13 fib extension.
Heading Back to the topsideSimply put, every time we've traded under .70 , it has been to accumulate size. And, every time we have traded above, its been 100% plus move.
We are seeing multiple different types of setups right at this major .70c level right now. This is Priming up for a spicy move.
The last peak was 150% away from 70c. Now, if this bull run sustains bitcoin over 100k as we have seen historically, then we might just see a little more than the prior peak this go around.
SYNUSD - Repeating Inverted H&SI expect a downward move first down towards the white line to form the head shape of the inverse H&S. From there price can move up form the right shoulder and continue up to the top of the larger pattern in white.
Interesting chart.
Daily chart.
SYNUSDPrice seems to have tested support and rebounding. Based on current market sentiment today, price will likely continue and retest upper resistance, but this can change and will depend on the general market. This play can take weeks to months, will see how things play out.
This is not financial advice, please DYOR prior to investing.
Synapse longSynapse bounced off the support level. Asset broke trough off the descending trendline. Bullish movement to resistance level at 0.945 is possible.
SynusdHas been up trending recently,but strong resistance ahead. If momentum continues it will likely retest 1.97 but need to break above 1.75 and 1.89 first.
Not FA,
SYN-USD, TP LVL ACHIEVED 26/03/24SYN/USD did "arrived" to the TP LVL @ 1.5552 with ENTRY @ 1.1913.
Trade too around 2 days & analysis was based on purely technical analysis only.
Congratulations all with another profitable trade! 🎉
Bull Market Week ExpectationsAfter researching the current bull phase market I have calculated my expectations on the bull run between (Wen 6th -> Wen 13th). No signs of fallout in sight at these targets. Market is still expecting huge increases with no signs of stopping with the current Volume State. RSI is flipping for another Bull Run at current Dip.
Not Investment advise trade at your own risk.
What will SYN be?Looking at the SYN chart it looks like it is inside a large diametric that is now inside the F wave.
If it returns to the green range for wave G, we will look for buy/long positions in this range.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
SYN Wyckoff AccumulationLooks like we're at LPS for SYN, should go higher here with ETH being bullish currently
Synapse longSynapse bounced off the support level. Asset broke trough off the descending trendline. Bullish movement to resistance level at 0.93 is possible.
SYNUSD uprising in hour scalebased on my analyses with my two indicators, Pareto and Rainbow_13th, the uprising price for the SYN will be started from this hour.
long SYNLSE:SYN bounced off the 0.5 Fibonacci level. Bullish trend is expected to continue and reach $0.615
SYNUSD - Another Inverted H&S StructureEvident on chart is two inverted H&S structures. The first demonstrates the power of the right shoulders bullish manner.
The second inverted H&S is yet to experience this move but is prepped for it.
Bullish.
Synapse Bull-Run startedLSE:SYN | Synapse
65 million mcap
Currently trading at $0.46
All-time-high at $5
Stoch RSI Bullish
RSI Neutral
Macd Neutral
long SYNLSE:SYN broke through the major resistance level. Bullish movement to 0.48$ level is expected to happen.
New to synNew on this coin but when you see the potential I think you’ll agree this pump should be fairly violent and up to $1.15 fairly quickly. Not much to say about it but the first move up we can expect a good 2x minimum and more to come.
Good luck and have fun with it
$SYN breakout to $.76-$1.04LSE:SYN just broke out of a 6 month downtrend. I'd expect a sharp move higher over the coming weeks back to somewhere between $.74-$1.04. Resistances marked off on the chart.
Let's see how it plays out.
SYNUSDTi think there it a lot of potential in this project, specially in the bull run it may even go to 15-30 dollars. right now the chart shows that sometimes the market the market likes symmetry.
