Technical analysis by TradingDutch-com about Symbol SNX: Buy recommendation (8/5/2023)

- Entry based on bullish engulfing - Bearish momentum decreased - SL 1 ATR from bottom green plane Considering the fluctuation of this coin it is quite a low SL, so I placed an alert on the lower (counter) trendline - 1 target of 50% due to countertrend. (there is a downward trend going on on the higher time frame) ➡️ LONG SNXUSDT ❇️ Entry: 2.490785 ☑️ Target 1: 2.82 ☑️ Target 2: runner (depends - higher time frame is downtrend) ☑️ Target 3: none ☑️ Target 4: none ⛔️ Stoploss: 2.293283 -1ATR = 2.075 (=stop. Limit: 2.0725)