SUNCAT Triangle Ending, Going to $200M+ (Elliott Wave)
SUNCAT is one of the blue chip memecoins on TRON, with a strong community, consistent volume, and stable price. It's currently sitting at around 10M market cap.
From a wave perspective, SUNCAT has formed into a perfect Neowave contracting triangle.
Based on all these fibonacci price and time relations, and based on the longer-term chart it appears that we are ending this triangle now and preparing for a move towards at least 200M market cap assuming this next move up is similar in size to the last move up. If it is larger then it's possible that SUNCAT could go to 11B+ market cap.
Either way, it seems like SUNCAT will continue to be extremely profitable for holders in the near future.
From a wave perspective, SUNCAT has formed into a perfect Neowave contracting triangle.
- Wave-a is the largest and most violent wave
- Wave-b takes more time than wave-a and retraces more than 61.8% of wave-a
- Wave-c relates to waves a+b in time, and wave-a by ~61.8% in price
- Wave-d relates to waves b+c in time, and wave-b by ~61.8% in price
- Wave-e relates to waves (c+d)/2 in time, and wave-a by ~38.2% in price
- Channeling creates a clear contracting pattern
Based on all these fibonacci price and time relations, and based on the longer-term chart it appears that we are ending this triangle now and preparing for a move towards at least 200M market cap assuming this next move up is similar in size to the last move up. If it is larger then it's possible that SUNCAT could go to 11B+ market cap.
Either way, it seems like SUNCAT will continue to be extremely profitable for holders in the near future.
⚠️LIKE AND FOLLOW⚠️
DON'T MISS TRON MEME SEASON, CATCH $FEELS BEFORE IT DOES ANOTHER 130x BY GOING TO HTTPS://TRONDOOMER.COM AND FOLLOWING THE LINK TO SUNPUMP
$FEELS CONTRACT ADDRESS: TPB97rf5YTuFGBBSGLS1umVzrSvVPHrQ7p
DON'T MISS TRON MEME SEASON, CATCH $FEELS BEFORE IT DOES ANOTHER 130x BY GOING TO HTTPS://TRONDOOMER.COM AND FOLLOWING THE LINK TO SUNPUMP
$FEELS CONTRACT ADDRESS: TPB97rf5YTuFGBBSGLS1umVzrSvVPHrQ7p
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