SUKUUSD looking at the possibility of the beginning of a monster move up from a double-bottom within a double-bottom.
High risk low cap - initial targets 3-4x if we get it.
Potential for the 10x move conditioned upon confirmation of the 3-4x move.
Daily double-bottom zoomed in below:
Trade active
TP 2 of the smaller double bottom reached, larger adam/eve double bottom confirmed with the weekly close above its neckline
Note
Suku hit TP 1 a good while back and then lost the monthly and weekly necklines. It has since reclaimed those areas and is approaching a 50/200 daily EMAs and MAs golden cross. Expecting it will revisit TP 1 and finally reach TP 2:
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.