I believe we are due for an altcoin bounce, and SUI might be one of the top performers in the upcoming move. It’s definitely worth keeping an eye on SUI these days.
What happened?
The price bounced from the daily demand zone and started moving up. However, there are plenty of sell orders at the top, leading to a rejection and a slight move lower.
Game Plan:
I expect the price to retrace back to the max discount zone (Fibonacci retracement) and run the 4H liquidity while doing so.
I’ll be looking for long entries after getting LTF confirmations when we run the 4H liquidity (black line inside the green box).
Targets:
TP: $3.57 (Bearish trendline) — rest will be left to run
SL: $2.87 (Below 4H close)
What happened?
The price bounced from the daily demand zone and started moving up. However, there are plenty of sell orders at the top, leading to a rejection and a slight move lower.
Game Plan:
I expect the price to retrace back to the max discount zone (Fibonacci retracement) and run the 4H liquidity while doing so.
I’ll be looking for long entries after getting LTF confirmations when we run the 4H liquidity (black line inside the green box).
Targets:
TP: $3.57 (Bearish trendline) — rest will be left to run
SL: $2.87 (Below 4H close)
订单已取消
LTF confirmation hasn’t been seen, so the trading idea is canceled.
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。