SUIUSD starting a handle to the cup it just formed

2024年10月22日

I placed the measured move line arbitrarily where price action would usually tend to break up from the handle of a cup of this size, if it does validate a breakout anywhere near there the target should be around $4.32. If bitcoin is cleared for takeoff soon and resumes the uptrend/bull market there’s a chance SUI could break out of this cup and handle pattern sooner than that. Also a chance after SUIs meteoric rise that it could continue to consolidate while the rest of the market pumps as well. My hope is the handle sui is now forming is similar in depth to the handle bitcoin has been forming since march, if so I will wait for a good correction before buying any additional sui myself. *not financial advice*

2024年11月6日

交易進行

Sui’s price action already about to retest the neckline of the cup & handle.

2024年11月9日

註釋

SUI now has a daily candle body comfortably above the neckline

2024年11月19日

註釋

It has definitely validated the breakout.

2024年12月5日

交易結束：目標達成

Target hit!!