SUI has spend all of its Bear Cycle inside a Channel Down.
The price didn't just hit its top but also the 1day MA200 for the first time in exactly 7 months while the 1day RSI got massively overbought.
Every time that happened in the last year, the price started a strong bearish wave.
The last two declined by at least -60%. Target 0.5700.
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The price didn't just hit its top but also the 1day MA200 for the first time in exactly 7 months while the 1day RSI got massively overbought.
Every time that happened in the last year, the price started a strong bearish wave.
The last two declined by at least -60%. Target 0.5700.
Follow us, like the idea and leave a comment below!!
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Institutional services offered:
💰 Daily consulting
💰 Account management
💰 Mentorship
Contact: t.me/thecryptagon | info@thecryptagon.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
thecryptagon.com covers news & insights on global markets (crypto, forex, stocks, commodities)
Institutional services offered:
💰 Daily consulting
💰 Account management
💰 Mentorship
Contact: t.me/thecryptagon | info@thecryptagon.com
Institutional services offered:
💰 Daily consulting
💰 Account management
💰 Mentorship
Contact: t.me/thecryptagon | info@thecryptagon.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.