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SUIUSD starting a handle to the cup it just formed

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I placed the measured move line arbitrarily where price action would usually tend to break up from the handle of a cup of this size, if it does validate a breakout anywhere near there the target should be around $4.32. If bitcoin is cleared for takeoff soon and resumes the uptrend/bull market there’s a chance SUI could break out of this cup and handle pattern sooner than that. Also a chance after SUIs meteoric rise that it could continue to consolidate while the rest of the market pumps as well. My hope is the handle sui is now forming is similar in depth to the handle bitcoin has been forming since march, if so I will wait for a good correction before buying any additional sui myself. *not financial advice*
Trade aktif
Sui’s price action already about to retest the neckline of the cup & handle.
Catatan
SUI now has a daily candle body comfortably above the neckline
Catatan
It has definitely validated the breakout.
Trading ditutup: target tercapai
Target hit!!
DrDovetail
1wkChart PatternscupandhandlepatternSUISUIUSDTrend AnalysisWeekly Chartsweeklychart

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1wkChart PatternscupandhandlepatternSUISUIUSDTrend AnalysisWeekly Chartsweeklychart
DrDovetail

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.