FieryTrading

🔥 SNX Potential Bull Flag Break Out

Long
BINANCE:SNXUSDT   SNX / TetherUS
SNX saw some incredible gains during January and February earlier this year. However, since it touched $28, SNX has seen a steady decline in value, hitting -55% from ATH at some point.

Since hitting that -55% from ATH, SNX has seen a strong increase in value. Recent price action is strong enough to potentially produce a bull flag break out in the short term.

Be aware of the current unpredictability of BTC. If BTC falls, so will SNX. I advise you to wait for a proper confirmation of the break out before entering a trade.

Happy trading!

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