SUI is at a key decision point on the 4H chart. The current structure may either be: a classic impulse wave, with wave (5) still incomplete, or a bearish ending diagonal, suggesting the uptrend is losing strength. If this is an impulse, price could continue toward the upper boundary of the wedge to complete wave […]
SUI/USDT – Two Scenarios in Play: Impulse or Ending Diagonal? Read More »
This is a very short-term trade setup, but keep in mind that TradingView isn’t favorable toward analyses below the 1-hour timeframe. It appears that the 1-5 impulse wave has completed, and a pullback is likely to begin soon. Traders should be cautious and look for confirmation before entering. 📉🔍 UMAUSDT.P quote by TradingView DisclaimerThe information
Is UMAusdt Losing Strength? Read More »
(Preliminary Analysis – No Clear Confirmation Yet) The only factor supporting the diagonal possibility is that the rise marked in red is not an impulsive wave, which could indicate a classic ending diagonal formation. However, the starting point of the third wave of the diagonal remains uncertain. It could start from the current level or
Bitcoin Might Be Forming a New Ending Diagonal!! Read More »
ENS is likely approaching the end of either an ABC correction or a 1-5 wave structure. A minimum 3% retracement can be expected as a reaction. If the wave count is accurate, this could present a relatively straightforward trade opportunity. Watching price action for confirmation will be key! 📉📈 However, do not enter a trade
ENS Nearing Completion of 1-5 or ABC Wave? Read More »