On the H4 timeframe, the #SUI forms an inverse head and shoulders pattern with a neckline around $1.477, which is often considered an early reversal signal.
Trading Ideas:
Buy at breakout, target $1.65 Buy upon retest to avoid false breakouts 🧠 Cancel the order if the price closes below 1.43 USD (right shoulder).
The Relative Strength Index (RSI) forms a golden cross above 50 ✅ The MACD indicator ( turns green and enters the bullish zone 📈 )$SUI
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
1 Likes
Reward
1
1
Repost
Share
Comment
0/400
BasheerAlgundubi
· 12-22 14:49
Pin
Buy out at breakout, target 1.65 Dollar
Buy out at retest to avoid false breakouts 🧠
#SUIUSDT — potential reflection 👀📈
On the H4 timeframe, the #SUI forms an inverse head and shoulders pattern with a neckline around $1.477, which is often considered an early reversal signal.
Trading Ideas:
Buy at breakout, target $1.65
Buy upon retest to avoid false breakouts 🧠
Cancel the order if the price closes below 1.43 USD (right shoulder).
The Relative Strength Index (RSI) forms a golden cross above 50 ✅
The MACD indicator ( turns green and enters the bullish zone 📈
)$SUI