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SUN / TetherUS PERPETUAL CONTRACT

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SUN hit targets again. 430% profits. What's next?Hello, dear TradingView members. This is a SUN idea. Once more, we opened our positions on SUN around the $0.00525 area, which was a solid support level and a great buy/long opportunity. So far, we have made about 43% (430% with a 10x leverage) profit, and it's safer and more logical to close all positions now. Do not FOMO. If you're a risk taker, you can wait for the solid resistance and close your positions, but don't forget to use local resistance as your SL. As you can see on the chart, this coin has reached 2 levels of resistance on the hourly and daily timeframes based on the Fibonacci retracement. There are three support levels on the way down, which will let us open more long positions when we get more confirmation. But for now, we should wait and see. RSI is overbought, and the price has more room to go down. Now let's see your ideas. Let's have a discussion. Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.
by ShawnMCR
6
🌞 SUN pumped 55%. Is this a breakout?Hello, dear TradingView members. This is a SUN idea. SUN suddenly had a 55% pump in the market and became today's top gainer. There is not enough volume in the market to support this pump, and also, there is a solid resistance level on the way up, pushing down on price. The price still hasn't successfully passed the local resistance level, so do not FOMO and wait for better confirmation. There are two scenarios in the current situation: Scenario One: The price will pass the local resistance and move to the solid resistance area and gets rejected and falls back on the local resistance and turns it into support. Scenario Two: Local resistance will reject the price and fall back to the half-shadow support levels. RSI is in the overbought area, and the price has more room to go down. Now let's see your ideas. Let's have a discussion. Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.
by ShawnMCR
8
sunJust an idea, not super confident with it; however, it would appear that the inverse sun (crypto) chart looks like a cup and handle . It's messy but the cartoon will do it justice. Around cents is a reasonable short term target, then, hopefully way down to for the inevitable long and prolonged bear market. Also, if my wave counts are correct...pm PST, we are in a initial wave to the upside with a correctivewave to follow. A impulsive 5th wave of shorter length to the upside will complete the first phase of this bull rally, and a ABC correction will follow in a perfect world. If this does play out, then aroundwould be a reasonable target.
Long
by deafsd1
SUN TOKEN BOTTOMED YET?? TIME TOO BUY SUN? SUN COIN is still trading at a good price but Can you still buy some SUN TOKEN and make over 200% return? sun coin has been in a sideways consolidation since the redenomination of SUN. should you be buying more sun at the current price? SUN coin Bulls are waking up gradually and we could see them soon hitting 0.02 to 0.0288 price range, here sellers are likely to attack nut I also see the bulls returning after sump pullback. when the Bulls so return i do expect them to break the 0.0288 to hit the 0.04 to 0.05 range. 0.04 to 0.05 range is seller dominated and bulls could get a strong hit. they need at-least multiple attempts to beak-out of my box.
Long
by MachiavelliTrader
2
SUN on a Rising Channel to Submit a New ATHSUN digital currency analysis in terms of USDT pair, in a 4-H Time frame shows us a medium-term uptrend channel in which the price fluctuates properly on the floor and ceiling of this channel. With the recent price changes of Bitcoin, the bottom of the channel has been touched once again, which creates a good opportunity to enter into a buy transaction. Within the specified range for purchase, by observing the capital management (maximum 5% of the total capital) and to about the profit in the target points, respectively, in each part, 1/3 of the total amount can be withdrawn. Given the recent fundamental events that have taken place in this currency, it is likely that it could easily grow to the halfway point of the first step. DYOR
Long
by SasanSeifi
2