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Alikze »» SUI | Ascending cup model scenario

Long
BINANCE:SUIUSDT   SUI / TetherUS
In the analysis of the previous posts, we identified an upward trend followed by an inverse head and shoulders pattern.
🔰 Currently, in the daily and weekly time, it seems to have formed a cup pattern, which is currently also formed, which in case of support in the specified points and the failure of the red box will have the ability to grow up to the specified areas. Therefore, for the entry trigger, you can wait for the failure of the supply area, after which you can buy if it is confirmed and pulled back to the area.
⚠️ In addition, if the box loses the specified green color, it can invalidate this scenario.
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