This is the chart for SNX, Taking a look at the MACD, we see we can have an exponential increase. With the RSI currently at 60 over sold at 70, we can see how it could shoot back to 29 and come back down to the thick yellow line. Which the thick yellow like once this is passed since it is now below will head up. The coin also correlates with BTC as well. Currently at a 3 week resistance point between 20 and 21 as well.
If the thin yellow dotted line is the uptrend.
If the thin yellow dotted line is the uptrend.