Synthetix

SNX mid-term analysis

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SNX is trading below a bearish trend line.
The big SNX structure is completely bearish.
It is expected to reach the demand range in the medium term and then move upwards.
We are looking for buy/long positions in the demand range.
Closing a weekly candle below the demand range will violate the analysis.

Note that the financial market is risky, so:
Do not enter a position without setting a stop and capital management and confirmation and trigger.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
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