SUI / Tether
Long
Updated

Sui

1282
Sui, one of the most highly anticipated projects, is a Layer-1 blockchain and smart contract platform that is fast, private, secure, and accessible to everyone. Anyway, it is clear there is a downtrend line, and SUI is trying to break it upward. Let's see what happens.
Note
snapshot

Just an update.
Note
snapshot

SUI has made a big descending triangle pattern and now trying to break it. Let's see what happens.
Note
snapshot

So, SUI broke the descending triangle and went up. And it seems there is still a lot of room for growth. Let's see what happens.
Note
snapshot

If we look at SEI chart, it seems SUI movement behavior looks like the SEI. So, it is probable that SUI follow the shadow of SEI and climb much higher than its current position.

Note: This is the SEI chart.
Note
snapshot

So, SUI is going up, slowly but surely.
Note
snapshot

So, SUI went up pretty well, then correction started. It seems SUI is trying to break the correction downtrend line. Let's see what happens.
Note
snapshot

So, SUI broke the downtrend line. Let's see what happens.
Note
snapshot

Just an update.
Note
snapshot

So, SUI broke the correction's descending channel and is going up toward the major horizontal resistance area; the ATH. Let's see what happens.
Note
snapshot

So, SUI went up and reached the ATH horizontal level. There is going to be a correction, probably. Have to wait and see if SUI can break this ATH or not. Let's see what happens.
Trade active
snapshot
So, SUI broke the ATH horizontal level and went up further. Have to wait and see how high wave 3 can rise.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.