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Saturday, August 29, 2020

SNX USDT Short

SNX USDT Short

SNX / TetherUS BINANCE:SNXUSDT

Entry 6.632
TP 6
SL 7.2

Think we are due for a short term drop here .
Fisher crossed and RSI has peaked, you will also see the wicks up tp $7 region showing rejection in recent times.
Although SNX is in a 4hr uptrend in the supertrend indicator the Total Crypto Market Cap is actually in a downtrend, see link, this is the stronger force as there is no reason to believe SNX will behave especially different to the market right not, I expect to see SNX falling to at least the $6 bottom of the SNX Trend

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from Trading Ideas https://ift.tt/2EEfsA7
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