SUI / TetherUS
Long
Updated

LONG SUI

315
An attempt to long sui. Potential for a reversal on a daily chart and 4h chart. Dotted lines are areas of risk 0.9366 last weekly low which is important to hold and the next one is the stop loss. Again low risk trade. I'm hoping to see a short squeeze on SUI cause since it got released it's only dumping
Note
Just added some more
Note
Feels rather dumpy. Even the smallest downside on bitcoin flushes it down the toilet. May get stopped out soon. If so I'll keep watching it cause some kind of squeeze may be in soon
Note
What a surprise, it worked. Glad that my SL was placed low enough
Note
Stopped out at be

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.