Reading SynQ Projections
SynQ Projections are the cornerstone of SynQ. Using these projections correctly can be the difference between terrible and amazing trades. You just have to know how to interpret them correctly.
To access SynQ Projections, you must have the “My coins” section filled out. If you have not set up the “My Coins” section, you can find more info here (hyperlink)
SynQ Coin Details Page
Once you have the “My Coins” section all set, you can now check out your SynQ Projections. The projections are found the “Coin Details Page”, which can be found by clicking the coin you can see projections for on the Home Page or the My Coins Page.
On the SynQ Coin Detail Page you will find the SynQ Projections for the coins you chose in the “My Coins” tab. You will also see live coin market info, buy/sell pressure and social influence, news headlines, order disbursement and order book info from Binance, project activity, and social mentions. We dig into those sections elsewhere.
Using SynQ Projections
The SynQ Projections are the actual live price projections generated by SynQ for each coin. They are meant to be a helpful guide on where price action is likely headed, but should not be interpreted as financial advice or as having a 100% probability of hitting. They are split into two sections: “Projections” and “Entry/Exits”
This section shows the longer term projections. The time frames generally range from 12 hours all the way to 96 hours, and the Risk levels ranged from LOW, MEDIUM, and HIGH. These are best utilized for swing traders and multi day targets. These projections are meant to be a guide for future price action to help you find tops and bottoms for certain price action movements.
This section shows the shorter term projections. The time frames generally range from 30 minutes to 1.5 hours, and the Risk levels ranged from LOW, MEDIUM, and HIGH. These are best utilized in conjunction with the “projections” section to help you find entry and/or exit ranges for the longer term projections. You can of course use these for shorter term scalp trades, as well.