Suiusdtlong
#SUI/USDT#SUI
The price is moving in a downward trend on a 12-hour frame
After bouncing from a major support area in green at the $1.00 level
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI that is about to break higher
Entry price is 1.18
The first goal is 1.40
The second goal is 1.62
The third goal is 1.98
SUIUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
Nothing has changed from my last idea, everything accroding plan, we got expected downward movement in 1.15 - 0.95 zone, right now im waiting for continuation of growth.
Entry: Market and lower (im in pos + limit order at 0.7)
Targets: 3 - 5 - 7 - 12
Longterm target zone: 10 - 15$
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 8
risk is justified
It's not financial advice.
DYOR!
SUI target $1012h time frame
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SUI is a potential Layer 1 blockchain and smart contract platform. Price goes well and builds a health trend for bullish side. Although SUI has been dipping for around 1 month, it just gained support from 61.8% Fibonacci retracement, that could be seen as a standard and normal correction before next pump starts. Considering the current market cap. is 1.5B and total supply is 10B, I predict SUI's MC can reach or even go over 100B, that will bring the price go above $10, and should sell most positions once hit $12.
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Bull target: $10~$12
SUI target 2.744h time frame
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SUI made a cup and handle, then pulled back after hitting 2.17. Also, the target of CH pattern hasn't been reached yet. If use fib on that cup structure, we can see SUI got support at 0.618 fib and went up to 1.272 fib, then still retest 0.886 fib, this is a standard momentum accumulation path for next pump once SUI be supported from price 1.82~1.97.
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TP: 2.74
#SUI/USDT#SUI
It is moving in a bearish channel on the 4-hour frame, and the price committed to the green support area at the 1.60 level.
Now we have a strong breach of the descending channel upward
We have a higher stability moving average of 100
We have bullish momentum on the RSI
Entry price is 1.760
The first goal is 1.81
The second goal is 1.89
The third goal is 1.967
SUIUSDTBINANCE:SUIUSDT is the only one that has not performed well compared to the others. In my opinion, with the rank of #76, we should expect a sharp pump from it. We may have missed the entry point, but if I want to enter this trade, I would like to enter the trade at price 0.53- 0.50
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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