SUI Is Rising Within A Bullish Impulse
We talked about cryptocurrency SUI with ticker SUIUSD back on August 28, when we spotted a completed higher degree W-X-Y corrective setback with a strong bounce back above channel resistance line, which confirmed a bullish reversal. CLICK HERE
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SUIUSD is nicely bullish as expected and it remains strong despite Crypto market slowdown, so it’s ideally trading in wave (3) of a five-wave bullish cycle that can break all-time highs soon, just watch out on wave (4) pullback before a continuation higher for wave (5).
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On the date of publication, Gregor Horvat did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.