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For SUI not much has changed, we are still looking for a multi 1-2 set up and a strong rally from the support area soon. We initially saw a bounce after the first touch of the support area but recently we came back to it which we just see as an extension of the correction in the red ABC. The next target for the red Wave C is the 1 to 1 FIB at 2.9230 USD which is within the golden pocket of the Wave 2 support area.
The green Wave 2 support area is between the 0.5 FIB at 3.1925 USD which we touched today and the 0.786 FIB at 2.6424 USD. A break below this area suggest a reset of the white Wave 2 or something more bearish. If this set up hold we are looking to see a strong Wave 3 rally afterwards which would take us to a new ATH.
Thanks for reading.
NO FINANCIAL ADVICE.
For SUI not much has changed, we are still looking for a multi 1-2 set up and a strong rally from the support area soon. We initially saw a bounce after the first touch of the support area but recently we came back to it which we just see as an extension of the correction in the red ABC. The next target for the red Wave C is the 1 to 1 FIB at 2.9230 USD which is within the golden pocket of the Wave 2 support area.
The green Wave 2 support area is between the 0.5 FIB at 3.1925 USD which we touched today and the 0.786 FIB at 2.6424 USD. A break below this area suggest a reset of the white Wave 2 or something more bearish. If this set up hold we are looking to see a strong Wave 3 rally afterwards which would take us to a new ATH.
Thanks for reading.
NO FINANCIAL ADVICE.
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。