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May 15, 2023 8:58 AM

SUIUSD has bottomed and is on a bullish reversal.Β Long

SuiCRYPTO

Description

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SUIUSD has made a Double Bottom at 1.01500 last week, broke above the 4H MA50 (blue trend-line) and is testing its first major Resistance at 1.24500. We will buy if it closes a 4H candle above it and target Resistance 2. Similarly, extend buying if it closes above Resistance 2, aiming at a complete gap fill on Resistance 2 (1.68000).

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Comments
Setupsfx_
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Amazing
Samura0x
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Nice one! Also did some work about SUI
SwallowPremium
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After the latest asset movements, this scenario is more appropriate than ever. Keep going champ!
DeGRAM
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Fantastic work
MadWhale
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agree here
linofx1
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possible scenario
MonoCoinSignal
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Insightful observations.
Mihai_Iacob
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Nice double bottom, looks like a break will follow
Gold-Tech
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Whether you're right or wrong, the price will show in the near future. But I agree with you.
melikatrader94
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A potentially successful plan. Thanks for sharing)
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