Trading varieties: SUI
Trading level: 1D/4H/30F
Trading trend: 4H buy-2
Sui is a permissionless Layer1 blockchain designed from scratch, enabling creators and developers to build experiences that satisfy the next billion users in web3. Sui is horizontally scalable, supports a wide range of application development, has unparalleled speed, and is low cost. Total supply: 10 billion, allocated to the founding team, investors, public sales, Sui Foundation, and future releases. The current circulating market value is 1.039 billion US dollars, the circulation rate is 12.31%, and the turnover rate is 98%~
Figure 1 Figure 2: Figure 1 is the daily trend structure of SUI, the target daily line is upward, and the current is stepping back on the daily line, the target daily line is near the middle track of Bollinger, Figure 2 is the four-hour trend of SUI, the internal structure of the four-hour downward section has not yet been completed, refer to Figure 2 for future trends, and the target four-hour buy-2 is established.
Figure 3 and Figure 4: Figure 3 is the 30-minute trend chart of SUI, and the downward trend is growing. Figure 4 is the early public live broadcast's view on the trend of sui. The public live broadcast on the evening of August 5th prompted that it could be bought. The public live broadcast on the evening of August 12th prompted that it started to pull back after a 30-minute surge. The trend rhythm is completely consistent with the live broadcast's view~
Trading advice: Patiently wait for the first and second buys after the trend of sui grows within 30 minutes, so as to judge the establishment of the four-hour second buy and make a rebound~
