Sui has been constantly forming lower low and lower high and it looks like its about to hit another lower low range marked and i will be aping in small from that range.
Sui is ranging between drawn structure it will go up test resistance and if doesnt cross can retest below to bounce back up. Considering how desperately sui team wants to reach solana ethereum level and compete with them they wont let the sui dump no matter what.
NFA.
If you see on long term btc has formed double top pattern and since then it has been in bearish trend. BTC might touch down at support marked and after that we will see its reaction if it holds that support of breaks further down to 70's to 80's range.
Solana can be longed till 220$ and if it doesnt hold that region and keep dipping below then perfect head and shoulder would be formed.
On 1 Day timeframe you can long sol till 220 and then short.
NFA and take risks on your own.
As you all can see BTC is making symmetrical triangle along with inverse head and shoulders on 1Hour Chart.
Btc May touch 35k again which would be a good healthy sign to complete the chart and inverse h&s however if it goes below to 33k it would be a problem.
Tps and sL are given via fib
In this chart i have simply mentioned the supports and resistances currently in bearish form where btc will go down by sunday to touch its 2nd support and revert back if there is no heavy sell off.
if btc breaks that support it will go back to 43k and than go up in strong bullish way currently forming head and shoulder inverse graph.
