📊#SUI Rising Wedge 📉
🧠From a structural point of view, we broke through the staged resistance zone, and the resistance zone turned into a support zone.
➡️From a graphical point of view, a rising wedge was formed near the resistance line, and we generally fell according to this model.
⚠️However, the overall trend belongs to a bullish trend, so shorting is a counter-trend transaction, which requires some conservativeness. After the callback occurs, try to focus on long transactions
Let's see👀
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SUIUSDT
🧠From a structural point of view, we broke through the staged resistance zone, and the resistance zone turned into a support zone.
➡️From a graphical point of view, a rising wedge was formed near the resistance line, and we generally fell according to this model.
⚠️However, the overall trend belongs to a bullish trend, so shorting is a counter-trend transaction, which requires some conservativeness. After the callback occurs, try to focus on long transactions
Let's see👀
🤜If you like my analysis, please like💖 and share💬
💕 Follow me so you don't miss out on any signals and analyze 💯
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👇Referral code👇
👇BITGET 👇
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔥🔥Use the invitation link to register and trade, and you can join the spot VIP club for free.🔥🔥
🔥20% transaction fee discoun🔥
👇Referral code👇
👇BITGET 👇
partner.niftah.cn/bg/wolfking20
👇BYBIT 👇
partner.bybit.com/b/wolfking
🔥20% transaction fee discoun🔥
👇Referral code👇
👇BITGET 👇
partner.niftah.cn/bg/wolfking20
👇BYBIT 👇
partner.bybit.com/b/wolfking
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.