@KGTradingCrypto

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Avg. Quality

74

Success Rate

27.09

Analysis

454
Correct
123
Fail
281
Pending
50
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Pending
SUIUSDT
Long Entry 1.6352 2025-12-08 22:04 UTC
Target 2.2975 Fail 1.3500
Risk/Reward 1 : 2
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SUIUSDT
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analysis employs Elliott Wave theory and Fibonacci retracements to forecast price movements across SUIUSDT, RNDRUSD, and FETUSD. For SUIUSDT, currently around 1.61, a prior bearish impulse is identified as a finished 5-wave structure. The ongoing price action suggests a potential corrective triangle with an invalidation level at 1.6661. A confirmed breach above this level is considered a strong bullish signal, targeting 2.2975 (a major bearish invalidation point). The fail bound for this bullish scenario is set at 1.35. RNDRUSD, observed at approximately 1.61, recently completed an impulse followed by a deep correction that retested the 0.886 Fibonacci retracement at 1.5475. A rebound is anticipated, aiming for the 1.05 Fibonacci extension at 1.8279 within a potential flat correction. A fail bound is positioned at 1.50. FETUSD, trading around 0.237, exhibits complex corrective price action after a sharp decline. Despite the overall bearish sentiment, a push for higher prices is expected, potentially forming a leading diagonal. An ambitious target for a corrective upward move is inferred at 0.48, with a significant invalidation of bearish trend at 0.5277999. The fail bound for this bullish outlook is established at 0.1500. Across all three assets, the actual market trend is bearish, but a bullish or balancing rebound is predicted for the short to medium term.
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