Watton

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Today I want to share with you the trading strategy for $SUI coin. Currently, the 1-hour and 4-hour timeframes are still in a bearish trend. I remain more inclined to be bearish, so I place limit sell orders at the 1-hour resistance level, with the stop loss set above the gray line in the chart, which is the 1-hour supply zone. The take profit is set below the blue line at the 1-hour low. This order can potentially achieve a risk-reward ratio of about 3:1.
For those who trust my analysis, use only 1% of your capital for follow-up trades. Proper position management is very important.
Everyone
SUI-0,59%
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$SUI SUI coin is currently near the support level on the daily chart. Yesterday and today, the 1-hour timeframe has already formed two consecutive long lower shadows, absorbing liquidity below. However, the overall trend is still bearish, and short-term outlook is bullish.
For a long position, you can buy on a 1-hour pullback that does not break the previous low, with take profit set near the 1-hour resistance level (0.8742). This is a contrarian trade, so be mindful of the risks.
For a short position, you can enter near the resistance level without breaking it, following the trend, which mig
SUI-0,59%
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SUI coin's trend is weaker compared to other mainstream cryptocurrencies. There is a chance for a rebound. I just did a quick injection, so over the weekend, you can consider a short-term long position. Set the stop loss 60 points below the injection point, and take profit near the one-hour resistance level. The one-hour trend has been in a bearish state. So, friends who want to go long should do short-term trades against the trend, and manage risk carefully.
#成長值抽獎贏金條 $SUI
SUI-0,59%
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BTC's momentum doesn't look optimistic. The daily timeframe is continuing to pull back, and the 1h timeframe has already formed a bearish trend. Price has been consolidating in the 60k to 70k range for over a month.
The current trading strategy is still centered around daily-level oscillation thinking, which is relatively safer. Short at highs, long at lows. Profits aren't huge, but the daily timeframe is still in an uptrend, so be careful when shorting!
BTC-0,04%
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