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Long SUI/USDT D1 (x3-x5 potential)Long SUI/USDT. TF D1. Right ticker + right timing. x3-x5 probably. Entry - current price level Target - $2 (x4) Stop - below PoC level (0.43) with confirmation on D1. Will start with FA and benchmark analysis of other L1-project (Aptos) which is quite similar: 1/ Decent L1-project with strong backing and recently listed on top-tier CEXs. So, not a lot of locked-in traders/hodlers. 2/ Around 250ml of investments from top-tier VCs (both SUI and APTOS). 3/ APT/USDT made around x5 in January, 2023 right after 4-month post-ICO bleeding period. (According to PA, it was rather possible to take x4 on APT/USDT within 1 month): 4/ SUI is currently at the end of this bleeding. TA: 1/ Buying volume appeared (green encircled zone) + rising PA. 2/ MA squeeze (EMA 21 and EMA 55) 3/ trending RSI 4/ Price is consolidating above PoC and EMA21 and preparing to make a strong move upwards.
Long
by SaltSugar
10
Swing trade YANGAfter Trumps tweet of raising tariffs, China's market is temporarily crashing. YANG is a China Direxion Bear X3 ETF. The index is having great gains. I expect it to reverse on Friday 10th / Monday 13th. Analysts still expect the trade to happen between China and USA. At this point consider buying YINN (China Bull X3 ETF). Other X3 ETF's to consider: SOXS (Semiconductors Direxion Bear) is on the same path. --------------------------------------------------------------------- Information An exchange-traded fund, or ETF, is an investment product representing a basket of securities that track an index such as the Standard & Poor's 500 Index. ETFs, which are available to individual investors only through brokers and advisers, trade like stocks on an exchange. Direxion Shares and Ultra ProShares are leveraged Exchange-Traded Funds (ETFs) designed to seek daily investment results, before fees and expenses, of 300% / 3x of the performance (or 300% / 3x of the inverse of the performance, in the case of a bear fund), of the benchmark index that they track. There is no guarantee that the funds will achieve their objective. --------------------------------------------------------------------- Caution There can be A LOT of volatility trading these Indexes. ALWAYS use stop-loss orders, as well as price target sell-offs. Happy trading! PS: For a list of all 3X ETF's. Go to: 3XETF dot-com
AMEX:YANGLong
by dorfmanmaster