SUI confirmed bullish with Whale purchase Target: $2.14
Fib with trend guidance. Buy label not confirmed, White plot not confirmed for entry.
I've measured a pattern created by smart money called contraction.
zig zag should meet qualifications otherwise will make it somewhere near the red arc.
Candlestick trends have tendency of getting rejected once it taps the smart money contraction line but eventually trend makes its way through on the same day or other date.
Added Fig for guidance
For quicker entry use 30Min TF for a quick Buy label but green plot above the yellow and orange. don't forget to uncheck the MA4.
Stick to the 30min strategy. In case there is a confirmation on the 4hr TF with a BUY label and MA4 has also confirmed entry then that's up to you to hop over for a much longer long trade.
I've measured a pattern created by smart money called contraction.
zig zag should meet qualifications otherwise will make it somewhere near the red arc.
Candlestick trends have tendency of getting rejected once it taps the smart money contraction line but eventually trend makes its way through on the same day or other date.
Added Fig for guidance
For quicker entry use 30Min TF for a quick Buy label but green plot above the yellow and orange. don't forget to uncheck the MA4.
Stick to the 30min strategy. In case there is a confirmation on the 4hr TF with a BUY label and MA4 has also confirmed entry then that's up to you to hop over for a much longer long trade.