These are my planned DCA buy targets for SUI.
The first DCA zone has the highest probability of being reached and holding. The lower levels are simply additional targets if the market continues to move down.
For my Fibonacci levels, I used the large bearish impulse candle as the starting point, as I consider it the key move that changed the market structure.
I'm using the SHA (Smoothed Heikin Ashi) indicator because it helps me identify the trend and can also act as dynamic support and resistance.
The major support on the left side of the chart has already been broken, so for now I still consider SUI to be in a downtrend.
Personally, I don't expect August to be very supportive for altcoins, as buying activity is often weaker during this period.
These are simply my planned DCA accumulation levels if the price continues lower.
Good luck everyone! 🍀📈
The first DCA zone has the highest probability of being reached and holding. The lower levels are simply additional targets if the market continues to move down.
For my Fibonacci levels, I used the large bearish impulse candle as the starting point, as I consider it the key move that changed the market structure.
I'm using the SHA (Smoothed Heikin Ashi) indicator because it helps me identify the trend and can also act as dynamic support and resistance.
The major support on the left side of the chart has already been broken, so for now I still consider SUI to be in a downtrend.
Personally, I don't expect August to be very supportive for altcoins, as buying activity is often weaker during this period.
These are simply my planned DCA accumulation levels if the price continues lower.
Good luck everyone! 🍀📈
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.