✴️ Synthetix Easy 90% Target Mapped | The Master Trader

6 sept 2023

It is pretty obvious already what is happening here. Had this one early on in my list for today but by the time I came to writing the breakout had already taken place... Never mind, there is room for additional growth.

Synthetix (SNXUSD) closed above EMA50 yesterday and is growing above this level today.

Strong higher low short- and mid-term, as well as a falling wedge.
High volume, bullish indicators; Everything looks great.

This chart confirms what I wrote about the Altcoins market going bullish, it is already happening but it takes time before the full force is fully felt.

What happens if things doesn't go our way?
What are the chances of another delay?

I wouldn't worry about those questions because that would imply that we have to win on every trade.

Set a potential target and a clear stop-loss.
✔️ If it goes up, that's a win.
✔️ If it goes down, that's a loss.

The market can do whatever it wants... It will always fluctuate... Make the wins big and the losses small.

You don't have to win them all.
In fact, you can lose 7 out of 10.
But limit the loss to the minimum on those seven and maximize profits on the rest.

The next strategy is the long-term hold... Just buy Altcoins using Bitcoin until they grow. That's how I do it!

Focus on the long-term... Or whatever works.

Your trading strategy will depend on your own goals and lifestyle, I am just sharing some ideas that might help you build your own.

Thank you for reading.
Remember to...

Thanks a lot for your support.

Namaste.