#SUI
The price is moving in an ascending channel on the 1-hour timeframe. It has reached the upper limit and is heading towards breaking it. A retest of the upper limit is expected.
We have an upward trend on the RSI indicator, which has reached near the upper limit. A downward reversal is expected.
There is a key support zone in green at the 2.00 price level. The price has bounced from this level multiple times and is expected to bounce from it again.
We have a trend of consolidation above the 100-period moving average, as we are moving close to it. This supports a downward move towards touching this level.
Entry price: 1.96
First target: 1.95
Second target: 1.90
Third target: 1.84
Stop loss: Above the resistance zone in green.
Don't forget a simple thing: money management.
For inquiries, please leave a comment.
Thank you.
The price is moving in an ascending channel on the 1-hour timeframe. It has reached the upper limit and is heading towards breaking it. A retest of the upper limit is expected.
We have an upward trend on the RSI indicator, which has reached near the upper limit. A downward reversal is expected.
There is a key support zone in green at the 2.00 price level. The price has bounced from this level multiple times and is expected to bounce from it again.
We have a trend of consolidation above the 100-period moving average, as we are moving close to it. This supports a downward move towards touching this level.
Entry price: 1.96
First target: 1.95
Second target: 1.90
Third target: 1.84
Stop loss: Above the resistance zone in green.
Don't forget a simple thing: money management.
For inquiries, please leave a comment.
Thank you.
Trade fechado: objetivo atingido
#SUI
First target: 1.95 Reached
Second target: 1.90 Reached
Third target: 1.84 Reached
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
📍Trade Smart & Stay Protected⭐️Telegram Channel
Futures
👉 t.me/CryptoSignalFuturesSpot
Spot
👉 t.me/CryptoSignalsSpotFree
📌 We're open to Promotions, Ads & Partnerships: ☎️ t.me/CryptoAnalystsignal
Futures
👉 t.me/CryptoSignalFuturesSpot
Spot
👉 t.me/CryptoSignalsSpotFree
📌 We're open to Promotions, Ads & Partnerships: ☎️ t.me/CryptoAnalystsignal
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.