SUI / TetherUS

SUI Is Entering Into Final Stage Of Bull Market

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Hello, Skyrexians!

On yesterday's crypto pump SUIUSDT was the greatest performer and people started to have an interest in this coin will continue growing or this is just a bull trap. Let's try to understand it.

On the 1W time frame we have unclear, but Elliott wave structure. It looks like wave 4 overlapped with the wave 1. You will tell me that it's impossible. In practice it can happen especially on altcoins. According to the Awesome Oscillator wave 4 is finished which can be also confirmed by our Bullish/Bearish Reversal Bar Indicator [Skyrexio]. The final wave 5 will reach the green box, to have the more accurate target we need to count waves inside wave 5.

Best regards,
Skyrexio Team

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