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SUN / TetherUS

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SUNUSDT trade ideas

SUN / TetherUS Post 120Hello traders, SUN / TetherUS is in an ascending triangle with increasingly high lows and high volumes of purchases made but decreasing. The RSI is in the under-buy zone 50.00 which makes us say that the asset is still looking to rise and the MACD is in equilibrium on the zero. Great likelihood of having to make a last dip in this figure for a return of smart money to join the next resistance zone and come to negotiate on a new price zone. With adjustment of short positions to other long positions the market is optimal for bulls to reduce their exposure and future risk to the market in view of Q3 result. All of this is available for free, please give me a hand if you like this job. Please like and follow, thank you!
Short
by stephanelibatd
social experiment which focus on Defi; (SUN/USDT )analysisSUN is closely associated with TRON, and conspicuously bears the surname of TRON’s founder, Justin Sun. SUN’s main purpose is to exist as support for the TRON protocol, which aims to create a decentralized internet ecosystem. ❇️Rank #285, kind:Token ,On 13,640 watchlists Market Cap: $210,442,770 Fully Diluted Market Cap:$844,822,202 Volume24h:$279,882,182 Volume / Market Cap:1.27 Circulating Supply:4,957,214 SUN Max Supply:19,900,730 Total Supply:19,900,730 What Is 🌟SUN (SUN)🌟? SUN (SUN) is a cryptocurrency designed to further the development of decentralized finance (DeFi) on blockchain network TRON (TRX). Described as “the quintessential Bitcoin equivalent on TRON,” SUN is a voluntary project which runs on TRON’s TRC-20 token standard. A dedicated community administers operations via smart contracts. ❇️SUN specifically focuses on DeFi and aiding its uptake and infiltration on TRON’s blockchain. As such, its function mimics that of the native tokens of DeFi platforms, and rewards users for staking other coins and involving themselves in governance procedures. refrences: coinmarketcap - sun.io ------------------------------------------------------------------------------------------------------------------- ✅TECHNICAL ANALYSIS As you can see in the weekly time frame chart for SUN/USDT, the price is trading at around $40.21 . Sun is still rising in an uptrend that has started it's own uptrend since the beginning of this year and seems to be just in its first long-term uptrend and also it could go down to the bottom of its channel. So you can buy more safely in the green support area in that point as good entery level. Of course, even the floor of the canal may be broken, but then it seems more logical to reach the middle and then the roof. (Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps) , With proper capital and risk management and by setting stop-loss , To reduce their risk, Because this crazy market also depends on the odds and there is no certainty.) -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion and you are responsible for your own trades or invests. ❤️with Best Regards and successful trades 👍plz hit that damn like button if you like it
Long
by PRO_SMART_Trader
Great triangle⚖️Still hungry, wolves?🔥 Then take it and trade it! Ascending triangle formation on SUN/USDT. There was a bullish sentiment before, so it may be a signal of movement continuation. According to Elliott Waves theory Wave C is done and the price is heading to Wave D. Follow the chart and look for the breakout carefully. _____________________________________________________ If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! Feel free to leave comments✉️ And always remember: "we don't predict, we react".
by Berzerk_invest