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SUIUSD Above the 1day MA50. Strong Buy.
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SUIUSD Above the 1day MA50. Strong Buy.
Oleh TheCryptagon
Ikuti
Ikuti
18 Jul 2023
6
18 Jul 2023
SUIUSD crossed above its 1day MA50 for the first time in its short history.
That is a strong technical bullish breakout signal.
Buy and target the 0.382 Fibonacci level at 0.95500, which is also near a potential Channel Up pattern that may emerge.
The 1day RSI is under 60.00, indicating that this move has significant upside ahead.
Further buying can be performed only after a 1day candle closes over the 0.5 Fibonacci, in which case you can target the 0.618 Fibonacci at 1.23450.
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