SUI target 2.744h time frame
-
SUI made a cup and handle, then pulled back after hitting 2.17. Also, the target of CH pattern hasn't been reached yet. If use fib on that cup structure, we can see SUI got support at 0.618 fib and went up to 1.272 fib, then still retest 0.886 fib, this is a standard momentum accumulation path for next pump once SUI be supported from price 1.82~1.97.
-
TP: 2.74
Suiusdtlong
#SUI/USDT#SUI
It is moving in a bearish channel on the 4-hour frame, and the price committed to the green support area at the 1.60 level.
Now we have a strong breach of the descending channel upward
We have a higher stability moving average of 100
We have bullish momentum on the RSI
Entry price is 1.760
The first goal is 1.81
The second goal is 1.89
The third goal is 1.967
SUIUSDTBINANCE:SUIUSDT is the only one that has not performed well compared to the others. In my opinion, with the rank of #76, we should expect a sharp pump from it. We may have missed the entry point, but if I want to enter this trade, I would like to enter the trade at price 0.53- 0.50
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
Don't forget to like and comment