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
MSc Financial Econ
PhD Candidate: Investing & Social Mood
Technical Analyst 7 years
Trader / Investor 14 years
Free DeTrended Metrics Report: detrended.substack.com
Members Only Signals: tradesignals.substack.com
PhD Candidate: Investing & Social Mood
Technical Analyst 7 years
Trader / Investor 14 years
Free DeTrended Metrics Report: detrended.substack.com
Members Only Signals: tradesignals.substack.com
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
MSc Financial Econ
PhD Candidate: Investing & Social Mood
Technical Analyst 7 years
Trader / Investor 14 years
Free DeTrended Metrics Report: detrended.substack.com
Members Only Signals: tradesignals.substack.com
PhD Candidate: Investing & Social Mood
Technical Analyst 7 years
Trader / Investor 14 years
Free DeTrended Metrics Report: detrended.substack.com
Members Only Signals: tradesignals.substack.com
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.