Good Saturday my fellow Cryptocurrency trader, I am hoping you are enjoying the full moon lunar eclipse... We will keep this one simple and chart.
SUI (SUIUSDT) is moving today above EMA50 after battling this level since June.
We can see a triangular bottom pattern coupled with bullish indicators and rising volume... All these signals combine to form a very strong bullish bias.
That's it, I just made it simple and easy for you.
Bullish confirmation comes when the day, today or any day, closes above EMA50, in this case 0.4473 but this level is always fluctuating.
As soon as EMA50 is conquered the doors are open for mid-term growth.
Mid-term growth is the potential for the wave but the targets I am showing on the chart are intended for -can be hit- short-term.
👉 Easy 75% followed by 135%.
Thank you for reading. Consider giving me a follow to show your support.
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.