SUI ANALYSIS (Bearish)

17 avr. 2024

Based on the timing of the waves, the SUI appears to be forming a large-scale pattern.

We had two bearish and bullish waves in which time similarity can be seen. The first wave was 167 days and the second wave was 189 days.

The first wave was a symmetrical one and the second wave seemed to be a double wave.

By maintaining the red range, it can form a third wave, which is a bearish wave. The time of this wave can be between 120-190 days.

The targets are clear on the chart.

Closing a daily candlestick above the invalidation level will violate the analysis

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You

9 mai 2024

Transaction en cours

After pumping and hitting the flip zone, it dropped about 29% and TP 1 was hit. On the way, save profit and don't wait for the final target

4 août 2024

Transaction en cours

After the pump and hitting the FLIP range, price-time correction started. This view was also correct on SUI