Stoic-Trader

Stoic-Trader

The Curve DAO Token is definitely on its way to test the round 0.50 price level (green zone). This level was an important support and resistance area during he first half of 2025. It is also very close to the 161.8% Fib extension from the first leg up. The lack of RSI divergence also supports upside continuation.

Stoic-Trader

In my primary count, the impulsive wave is reaching green V / blue 3, and we should soon see a pullback for blue 4. Due to the extended nature of blue 3, and the complex structure of blue 2, there is a higher probability of blue 4 to be shallow and quick Also note the strong bearish RSI divergence, which indicates a pullback is due very soon.

Stoic-Trader

The current price pump is labeled as black wave 3. Pullbacks for black 4 will be long trade opportunities. There´s an important resistance level in the 0.22-0.24 zone. This could be the target for black 3. This could all be happening inside a larger wave 3 o3 C (gray). I´ll wait for further price action before making any conclusions.

Stoic-Trader

Black wave 2 ended up being a flat correction (blue ABC), and we're now in the wave 3 pump. The 1.1-1.3 zone could offer resistance (dating from 2021) for the end of this wave and start of black 4 correction. RSI is waaay overbought, so I'll wait for pullbacks before looking for long trades.

Stoic-Trader

Price is finishing blue wave 3 of an upside movement. Price is currently very overbought, so I don't consider this a good level for long trades. I'll wait for wave 4 correction. A test of green support would be ideal to look for long trade opportunities.

Stoic-Trader

The green descending trendline was broken with an impulsive wave, and it is currently being retested at the 50% pullback level. Even if the correction extendes further down, I expect another leg to the upside for wave 3 or C. Invalidation is below November low at 0.08106.

Stoic-Trader

Price broke the descending trendline with an impulsive wave. Everything is favorable for a continued upside. Ideally, I'd like to see a test of the 50-61.8% pullback zone, testing the gray trendline as support.

Stoic-Trader

Price is showing bullish RSI divergence at a key support level (green zone). I expect at least a short term recovery, initially targeting blue resistance, and then gray long term resistance.

Stoic-Trader

The pump on BTC from the last week has been labeled as green V of blue 3. We should probably see a correction very soon, for blue 4, which is a new opportunity for long trades. Current prices simply don't give us a good risk reward ratio, unless you're thinking in the very long term.

Stoic-Trader

After reaching a potential black wave C with bullish RSI divergence, we have completed the first leg to the upside (black 1-2). The strong rise in the last few days is labeled as blue 1... I'll keep a watch on pullbacks (blue 2) for buying opportunities.

Stoic-Trader

After the upside movement shown in my previous analysis, we are now in correction mode, and once again the gray support zone comes in play. This support is between the 50% and 61.8% pullback zone, reinforcing its importance. I'll keep an eye for bullish reactions from this level.

Stoic-Trader

Corrective price action suggests the downtrend is not over yet. Lack of RSI divergence supports this idea. I expect a lower low below the purple line. A recovery above the purple line and descending trendline will be indicative of a reversal.

Stoic-Trader

Downside correction is persistently driving prices lower, and there are no signs of it ending soon. Price has formed a bear flag, and although it has not been breached, it is highly likely to break, for a continuation of the downward trend. The absence of bullish RSI divergence reinforces the likelihood of further declines, supporting a bearish outlook.

Stoic-Trader

The gray ascending trendline was broken and served as resistance for a correction, which reached 50%. I'm strongly biased to the downside, for a test of 0.0846 low (purple line). Invalidates above 0.1700 (pink line).

Stoic-Trader

After a 50% pullback for green X, the blue WXY correction should target the 100% extension of the green WX leg. This would lead to a test of 8.970, which also matches a support zone from August low. The lack of RSI divergence also supports this scenario. Invalidation is above 13.700 (pink level in chart).

Stoic-Trader

Zoomed out to the weekly chart to get a better understanding of price action. In my primary count, we are in a leading diagonal which is currently in black A of gray 5. A pullback for black B will let us look for long trades, initially targeting gray 3 high at 1.2289.

Stoic-Trader

My primary wave count considers SUI has finished wave 3 with an ending diagonal, and we're now in wave 4 correction. The 38.2% pullback has a solid support level, but ideally I'd like to see a test of 50% pullback. Considering wave 3 was extended (over 200% of wave 1), wave 5 will probably not go much higher than 2.3680.

Stoic-Trader

In the daily chart, we finally got the end of the downtrend with a full wave count. We now seem to be in blue wave 3 of an impulsive wave to the upside, and green resistance could offer the barrier to trigger blue wave 4 correction. Price is way overbought and I´ll only look for long trades after corrections.