Technical analysis by WeAreSat0shi about Symbol SNX: Buy recommendation (12/13/2023)

Synthetix is preparing for a Parabolic move in the next few weeks. The CM ULTIMATE MA MTF on the weekly chart shows a very a clear and distinct pattern. Once it turns green from red the move that follows is fairly substantial. Price action is still fairly low in SNX while the the ULTIMATE MA has already turned green. Down below we have the RSI and it is around the 42 level. Once the RSI gets above The yellow resistance/support line at 50 then price action will move quickly and will continue to do so will it stays above or finds it as support. The key to this chart is the CM ULTIMATE MA turning green (Circled) that is most likely for shadowing the parabola. Thanks for looking! Please like and follow!Comment: took a while but it's here. Have you been staking in the bear market?Comment: SNX is preparing for 7 dollar. Not tomorrow, over the next few months . If you are patient SNX will reward you.Comment: what is next for SNX.Comment: Mr Wyckoff has something to say.