Trade ideas
SUNUSDT on its way to $23.50SUNUSDT wasn't able to break above the structure at $36.00 so we can expect further downside to the next structure level around $23.50
What a amazing Elliot waves by SUNUSDT, really perfect!After the breakout of the blue trend line, SUN will move sharply, be patient for the breakout and its pullback
SUNUSDT Double Bottoms - Seems BullishSUNUSDT Double Bottoms - Seems Bullish
NOTE: ENTER INTO TRADE IF AND ONLY IF YOU SEE TRADING VOLUME
IN YELLOW ZONE AND MARKET CONVENCINGLY BREAKING THE LEVEL 35.5
Do proper risk and money management. Only for Spot Trading.
SUN les't goSUN Price $39.47
Market Cap?
Market Cap Dominance 0.00%
Trading Volume $487,666,727
Volume / Market Cap
24h Low / 24h High $38.62 / $42.31
7d Low / 7d High $39.20 / $47.62
Market Cap Rank N/A
All-Time High $66.45 -40.8%
Sep 11, 2020 (7 months)
All-Time Low $5.59 603.4%
Jan 04, 2021 (4 months)
Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck!
Parabolic Curve Theory idea for $SUNContinuing with my research on PCT (Parabolic Curve Theory) this is a daily chart for $SUN coin which also seems to have initiated a parabolic move marking a sub-base 1 at approximately 0.172 fib level and later setting higher highs on the 0.236 fib level (Base 1), and 0.382 fib level (Base 2).
I'm very eager to understand the deep relationship that appears to exist between these parabolic panic-buying patterns, Elliott Wave Theory and Fibonacci, which seems to be present on every accumulation area or base of PCT.
I expect the price action to bounce off of the curve and initiate an uptrend towards the 69USDT price level.
Any comments and further insight on the subjects of this research is very much appreciated.
