fendiangel

fendiangel

Sui has shown some strength in last days, nothing unusual for the best blockchain ever made! Currently we have a pretty obvious trend change from bearish to bullish, sui is frontrunning other solid altcoins that will pump too. Also, we can see that right now it is retesting this pivot zone and volume is very low on this slow bleed, basically late longers are...

fendiangel

While everyone is bearish and scared of ww3 and BOJ, longs from this pivot level will print until at least 2860 resistance. Open interest shows us that this was major liqudation event and that all longs that accumulated and ran price to the 3500 are out of the game. Negative fundings shows us that shorts are pilling after that event (right now OI cant show us data...

fendiangel

I expect that we will sweep this low around 28200 then push for another 30k test to grab the liquidity up there. My entry is around 50% of previous order block that sent us to 30k!

fendiangel

Simple range sweep low like last time. Here we will have a swing failure pattern and then proceed to next levels where liquidity is!

fendiangel

Expecting quick long squeeze/retest on LDO, if it happens I will react with a long. More detailed explanation on a chart

fendiangel

The chart says it all, nothing complicated! We are the bottom of the range, unequal lows have been swept and now we are going to move to the top of the range for another sweep into 29200 (first weekly full fvg zone)

fendiangel Updated 

This analysis expects that after the consolidation, the price is going down for a little bit to clear for a stop hunt and then we are expecting that price will fill the liquidity hole around 380 level. Price will be monitored on a 4h chart because it is the best chart for looking for an entry.