SUI / TetherUSLong
$SUI on the Rise: Multi-Month Trend Active, Targeting $20!
Not counting on a full retracement for this move. It might just continue to rise, similar to how 
SOL did when it broke above the $30 mark. However, if by any chance it does retrace, one should consider buying anything below the $1.60 level.
I still believe it will go higher and enter a multi-month run closer to the $10 area.
The strength and reaction it just had are similar to
PEPE's before the massive run in February. Sure, there are different narratives and a significant difference in the timeframe, but it's worth keeping in mind for reference.
If we don’t go any lower—which is the most favorable case—I think the weekly block forming as a bearish candle should be used as an entry level and added to once it breaks above.
So, two scenarios: buying the low or reclaiming the candle’s low if it turns out to be a bearish candle on the weekly timeframe.
Miraculously wait for a retrace into the $1.60 area and buy.
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Bi-monthly Mode Active
SUI
SOL did when it broke above the $30 mark. However, if by any chance it does retrace, one should consider buying anything below the $1.60 level.I still believe it will go higher and enter a multi-month run closer to the $10 area.
The strength and reaction it just had are similar to
PEPE's before the massive run in February. Sure, there are different narratives and a significant difference in the timeframe, but it's worth keeping in mind for reference.If we don’t go any lower—which is the most favorable case—I think the weekly block forming as a bearish candle should be used as an entry level and added to once it breaks above.
So, two scenarios: buying the low or reclaiming the candle’s low if it turns out to be a bearish candle on the weekly timeframe.
Miraculously wait for a retrace into the $1.60 area and buy.
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Bi-monthly Mode Active
SUINota
Still waiting on the retrace. Chances are it’s not going lower than $1.55 
SUI
Nota
Really close to getting to $1.55
Nota
Reached $1.59. I think that might have been it. I’ll see if I can get a chance to enter higher since there’s a good likelihood this was the retrace. SUI
Nota
That was indeed the low. Massive move off that zone.
Any major dips (if they happen) will just be an opportunity to add.
SUI
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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.