SUI appears to have completed a local wave (2) at the .618 Fibonacci retracement and a larger degree wave 2 at the alt-coin golden pocket between .618-.782
Triple resistance looms ahead of the daily 200EMA, major resistance High Volume Node and descending resistance trend line.
A breakthrough and close above will be a bullish sign with an initial target of the December swing high range $4.48
Analysis is invalidated below the $2.5 swing low, locking in ABC correction instead.
The bullish case is in jeopardy below $2.29 swing low.
Safe trading
Triple resistance looms ahead of the daily 200EMA, major resistance High Volume Node and descending resistance trend line.
A breakthrough and close above will be a bullish sign with an initial target of the December swing high range $4.48
Analysis is invalidated below the $2.5 swing low, locking in ABC correction instead.
The bullish case is in jeopardy below $2.29 swing low.
Safe trading
PhD Cand: Investing, Sentiment & Social Mood, MSc Financial Econ
Technical Analyst 8 years, Trader/Investor 15 years
Market Breakdown & Alpha Reports: detrended.substack.com
Earn & Learn Trade Planning & Signals (FREE WEEK): tradesignals.substack.com
Technical Analyst 8 years, Trader/Investor 15 years
Market Breakdown & Alpha Reports: detrended.substack.com
Earn & Learn Trade Planning & Signals (FREE WEEK): tradesignals.substack.com
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
PhD Cand: Investing, Sentiment & Social Mood, MSc Financial Econ
Technical Analyst 8 years, Trader/Investor 15 years
Market Breakdown & Alpha Reports: detrended.substack.com
Earn & Learn Trade Planning & Signals (FREE WEEK): tradesignals.substack.com
Technical Analyst 8 years, Trader/Investor 15 years
Market Breakdown & Alpha Reports: detrended.substack.com
Earn & Learn Trade Planning & Signals (FREE WEEK): tradesignals.substack.com
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.