Coin Name : #SUI🔥
Signal : Long
As we can see in the chart, SUI has been in a significant up trending channel and in the recent dump, SUI was the first one to recover from the drop. Also when it did such a significant pullback it also secured its key support level which is the purple area. Tapping the Golden Fibonacci Ratio was its plan.
In the long term we are super bullish on SUI. So we have to start building our long positions as much as possible managing the risk. Our target should be the next top of the descending channel in mid term.
If we look at the BTC.D chart, we are witnessing a 5 Wave Price Structure is forming, currently it is at the Golden Pocket resistance level and will dump from here, as I said BTC will consolidate and ALTs will go up.
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If we look at the TOTAL3 chart, we will find this on Daily TF. A bullish MA Cross has been occurred successfully also broken out already from the descending channel. We are indeed going to the moon.
The USDT.D chart has also performed a Bearish MA Cross on Daily TF.
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Trade Details:
Entry : Around 4.8 ( Join my Binance live for premium crypto signals )
TP : 6.1
SL : Keep Accumulating
$SUI
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