@KGTradingCrypto

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Avg. Quality

74

Success Rate

26.91

Analysis

457
Correct
123
Fail
281
Pending
50
Ineffective
0
Total Quality
Score
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Pending
SUIUSDT
Long Entry 1.8512 2026-01-07 16:49 UTC
Target 2.2000 Fail 1.7300
Risk/Reward 1 : 3
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SUIUSDT
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analysis focuses on Ethereum, Solana, and Sui using Elliott Wave theory and Fibonacci retracements/extensions. For Ethereum, a potential double 1-2 or ABC correction is observed on the 4-hour chart, with wave 2 respecting the 0.382 Fibonacci retracement. The primary bullish count suggests a leading diagonal (1-2-3-4-5) forming within a larger wave 3 towards higher prices. A bearish scenario involving multiple 1-2 structures leading to a deeper corrective phase is considered less likely, as wave 4 has already invalidated a prior pattern. On the 1-hour chart, a completed wave 5 as an ending diagonal is noted, with current prices within a red box correction area between 0.236 (3,220.52) and 0.618 (3,090.33) Fibonacci levels for wave 4. A push towards the upside is anticipated, targeting a blue box area between 3,388.04 and 3,479.86 for a subsequent wave, with a confirmation for higher at 3,694.44. Invalidation of this bullish outlook stands at 3,036.13. Solana is analyzed with a similar Elliott Wave structure, exhibiting a finished ending diagonal at a local low, leading to a 1-2-3 impulsive move. Price is currently correcting in what is labeled as wave 4, within a red box range from 0.236 (135.84) to 0.382 (133.15) retracement. After this correction, a bullish continuation is expected, with a target in the blue box spanning 152.00 to 159.91. Invalidation for Solana's bullish trend is set at 127.54. For SUI, a highly impulsive move is observed, completing a wave 3. A wave 4 correction is underway, projected to retrace into a red box between 0.236 (1.8385) and 0.382 (1.7339). Following this, a strong bullish push for wave 5 is expected, aiming for targets potentially around 2.20. The current sideways action across assets suggests corrective phases before further impulsive moves.
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