This chart looks really good to me:
After reaching the all time high, price made some lower highs and as it was unable to creat a new higher high it dropped heavily and the market sentiment changed from bullish to bearish.
The last bullish correction got rejected and retreated to the 618 fibonacci level,
And we are currently trading above this level.
We are holding well and the accumulation phase is lasting for about 2 months now.
I think
SNX is ready to start a new bullish trend and it will happen this week.
First target should be around $14 and I will wait and see the reaction of the market after that.
Stay tuned and follow me on tradingview to get notified of the next step.
Cryptosep ;)
After reaching the all time high, price made some lower highs and as it was unable to creat a new higher high it dropped heavily and the market sentiment changed from bullish to bearish.
The last bullish correction got rejected and retreated to the 618 fibonacci level,
And we are currently trading above this level.
We are holding well and the accumulation phase is lasting for about 2 months now.
I think
SNX is ready to start a new bullish trend and it will happen this week.First target should be around $14 and I will wait and see the reaction of the market after that.
Stay tuned and follow me on tradingview to get notified of the next step.
Cryptosep ;)
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