SUI Ending Diagonal

11 Jan

This token had a nice rise over the last 6 months, but technicals are not looking good right now.

We have:
- Ending diagonal pattern for blue 5 / black 5 / gray 3.
- Bearish RSI divergence

I don't see SUI as a good opportunity right now (unless you are a holder), and I'll wait for a corrective pattern (gray 4) before looking for new long trades.

1 Feb

Nota

Ascending channel (ending diagonal) was broken, and we're now in gray 4 correction.

We already have the 38.2% pullback, but I'd prefer to see a test of 3.00 / 50% pullback for a better risk/reward trade.