Sui
Long

SUIUSD: Enormous rally started, targeting $10

264
Sui just turned overbought on its 1D technical outlook (RSI = 70.835, MACD = 0.285, ADX = 33.014) but doesn't seem to even take a breather here as it rebounded on its 1D MA200, establishing it as its new long term Support. The underlying pattern of this Bull Cycle is a Channel Up and technically the market has started its new bullish wave. A +500% rise from the bottom (which was accomplished on both prior bullish waves) suggests a long term TP = $10.000.

See how our prior idea has worked out:

SUIUSD: 1W MA50 holding. Excellent long term buy opportunity.


## If you like our free content follow our profile to get more daily ideas. ##

## Comments and likes are greatly appreciated. ##

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.