Hello, Skyrexians!
On yesterday's crypto pump
SUIUSDT was the greatest performer and people started to have an interest in this coin will continue growing or this is just a bull trap. Let's try to understand it.
On the 1W time frame we have unclear, but Elliott wave structure. It looks like wave 4 overlapped with the wave 1. You will tell me that it's impossible. In practice it can happen especially on altcoins. According to the Awesome Oscillator wave 4 is finished which can be also confirmed by our Bullish/Bearish Reversal Bar Indicator [Skyrexio]. The final wave 5 will reach the green box, to have the more accurate target we need to count waves inside wave 5.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
On yesterday's crypto pump
SUIUSDT was the greatest performer and people started to have an interest in this coin will continue growing or this is just a bull trap. Let's try to understand it.On the 1W time frame we have unclear, but Elliott wave structure. It looks like wave 4 overlapped with the wave 1. You will tell me that it's impossible. In practice it can happen especially on altcoins. According to the Awesome Oscillator wave 4 is finished which can be also confirmed by our Bullish/Bearish Reversal Bar Indicator [Skyrexio]. The final wave 5 will reach the green box, to have the more accurate target we need to count waves inside wave 5.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
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Trade smarter with:
skyrexio.com
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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.
Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.com
Pubblicazioni correlate
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.