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SUI Loses Support in the Channel
SUI has lost support in this light blue parallel channel, and has experienced a selloff as Bitcoin has dropped this week. I think SUI could form a bullish rebound around $1.90, but it is important to keep in mind that SUI is trading near all time highs. There has been resistance around these highs so […]Read More
Lots of Red for Bitcoin Despite Bullish Weekly Close
Last week Bitcoin formed a bullish weekly candle close above the 7+ month bull flag. However, I would like to see some continued buy volume to confirm a bullish breakout. So far we have seen a lot of selling to start off the week. I think Bitcoin is trying to form a bullish rebound around […]Read More
SUI Reaches Channel Support
SUI has been trading in this light blue channel. The price has moved sideways for the past few days. SUI has finally hit support around $2.00. I think we can see some upside from here. The upper range of this channel gives a price target around $2.65-$2.70. Follow me on social media: https://linktr.ee/realchartchamp
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