SUI / TetherUSShort
Alikze »» SUI | Daily FVG gap
🔍 Technical analysis: Daily FVG gap
- According to the analysis presented in the previous post, after creating demand in the green box area, it grew to the supply area.
- Currently, according to the structure formed in the supply area, a twin roof with a shorter roof is observed.
- But in the 8H time frame, it is moving in a descending channel. Demand has also been met at the bottom of the channel.
- Therefore, according to the FVG gap in the 1D time frame, if the selling pressure continues, it can make a correction to the green box area and retest it to fill the gap.
💎Alternative scenario: also, if he can break the middle of the channel upwards, he can retest the supply area again.
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SUIUSDT
- According to the analysis presented in the previous post, after creating demand in the green box area, it grew to the supply area.
- Currently, according to the structure formed in the supply area, a twin roof with a shorter roof is observed.
- But in the 8H time frame, it is moving in a descending channel. Demand has also been met at the bottom of the channel.
- Therefore, according to the FVG gap in the 1D time frame, if the selling pressure continues, it can make a correction to the green box area and retest it to fill the gap.
💎Alternative scenario: also, if he can break the middle of the channel upwards, he can retest the supply area again.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
SUIUSDT Note
According to the alternative behavioral scenario, after filling the FVG gap in Tarim frame 8H, it has moved towards the supply area. Therefore, it can be expected that, if there is no break, the second gap area of FVG will also be filled in the 8H time frame. Otherwise, it can continue its growth with a short correction to the middle of the channel, after breaking the supply area to the range of 1.17. Note
SUI currency continues its movement path, the alternative scenario after a test in the middle range of the channel has succeeded in breaking it up to the supply range. It is now testing the supply zone for its breakout for the 1.17 target. 
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