SUI Wave 4 Correction
My primary wave count considers SUI has finished wave 3 with an ending diagonal, and we're now in wave 4 correction.
The 38.2% pullback has a solid support level, but ideally I'd like to see a test of 50% pullback.
Considering wave 3 was extended (over 200% of wave 1), wave 5 will probably not go much higher than 2.3680.
The 38.2% pullback has a solid support level, but ideally I'd like to see a test of 50% pullback.
Considering wave 3 was extended (over 200% of wave 1), wave 5 will probably not go much higher than 2.3680.
📈 Experienced Crypto trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
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.