@morecryptoonline

YouTube

Avg. Quality

71

Success Rate

26.78

Analysis

1307
Correct
350
Fail
872
Pending
85
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Fail
SUIUSDT
Long Entry 1.3928 2025-12-25 10:45 UTC
Target 1.6400 Fail 1.3600 In 11 Hours
Risk/Reward 1 : 8
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Final PnL
-2.35%
P/L:
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SUIUSDT
Fail
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The SUIUSD chart is currently in a sideways consolidation phase, which is interpreted as a corrective structure. The primary thesis identifies a potential A-B-C corrective pattern or a 1-2 impulse wave setup. In the A-B-C scenario, the A-wave was a three-wave move, followed by a three-wave B-wave. The anticipated C-wave is projected as a five-wave impulse. For the impulsive 1-2 pattern, wave 1 exhibited a five-wave move, and wave 2 was a three-wave pullback. The market is now poised for a potential third wave upward. Key micro support is identified between $1.36 and $1.42, specifically at the 38.2% ($1.4284), 50% ($1.4056), 61.8% ($1.3882), and 78.6% ($1.3600) Fibonacci retracement levels. The bullish outlook is contingent on maintaining price action above the $1.36 level. A break below $1.36 would be considered too aggressive for a valid wave two retracement, invalidating the short-term bullish setup. Should the third wave commence from current levels, the initial target is projected at $1.64, corresponding to the 138.2% Fibonacci extension. This target aligns with previous resistance formed by an internal B-wave top, which was a triangle pattern. After reaching this target, a potential wave four pullback could occur, followed by a final wave five move towards higher levels.
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