Grey_SB

W pattern forming double bottom here then send to $12 that simple potentially down to $2.30 - $2.50 max pain then if not here onwards and at 4 we tab off for the W and then boom rocket town. Buckel up this is what I think, SUI loves W's DYOR I spoke to the one of the CO founders in an interview and everything is pointing towards this....

W back Test, should break out impulsive into ATH resistance around 9 - 14 looking $12 pull back retracement to $5 - $4.40 likely after. W pattern back test look at RSI for room, this is a 3 DAY CHART SUI

W back test explosive run due, long, is very clear and plays out a lot in bullish scenario

IT's clear this crypto is going to M very similar to WIF chart and that went and just liquidated everyone, this TOKEN seems as thought it was made just to liquidate not bullish on this token, i hope it doesn't but it's obvious what this token was made for. Seen this play out too many time this will not hold and will fall out and take out all newbies that longed it like myself hahaha should of cut it ages ago

Bearish Div, left over orders and liquidity, looks like it is more interest to go lower than higher now that's just my take from what i see. could be wrong. wait for entry for a long at these levels 3.05 looks like the safest levels i have orders from 3.16 down to 2.95 as it moves so fast at the moment.

SEI M Pattern long end target, bullish div to support 0.80 cent is target 0.67 for safety. Keeping it simple BTC could mess this up though.LOOKS LIKE WE ARE GOING for a bigger lower correction. and this chart pattern will get invalidated by higher time frame plays

Just something to watch for. a similar pattern to what we did at 0.88 is expected first touch rejection go up, go to 1.02 area maybe a bit higher then come back down to double bottom around 0.75 would be ideal!

M or W pattern, watch the neckline at the deciding factors and research how to trade these Letters patterns and where. I have put indicators for how to break up the trade and simple marks for typical entry watch for retest and breaks of necklines. I am not a professional I Simply enjoy analysis, I believe both patterns are equally possible but leaning towards the W. My charts will be a little more slick soon, just make them like this as i don't want people to treat them with too much weight. Thanks, Grey ~}

M pattern, at the bottom of a bearish trend, tends to signal a continuation of a bearish trend. IN line with BTC's M pattern on the smaller time frame and the potential of M pattern on the weekly for BTC I make this. I think it will be a rejection from the neckline but we have to watch for confirmations. If it is rejected from the M neckline we should also watch for a higher low around the pink trend line which would signify a return to the upside. I hope this helps you see what we're going against. Some good options here. Depending on how BTC reacts around its necklines, it could be bearish or bullish. I'm still learning but this is something I see, please don't follow it, is just for me to get feedback from those that are better. My last idea actually missed a key area and my shape was invalid because of wicks, so just bare that in mind, i am a very basic trader

also by the rules of the pattern, this is as low as it can go, but the breaks out never really go the full way it's just the maximum it can drop as per the pattern. but these patterns always play out you just have to watch the retest on the back side for invalidation. Also when they finish the break out the bounce back is big and fast and comes back past the triangle most of the time if not to the top of the triangle and you have to be fast anyone that's enough in this server everything else can be discussed in the other server. sorry my dudesthese patterns can also reverse so this could be a reversal but i think if we break btc a lot of money from at will go into btc for the short term because it will be a very secure up then the alts will correct and then start to run up behind it, but trading these patterns can be a gamble so just wait for break out on either side.So at the moment it looks as though we are breaking to the upside??? But why arn't we why are we constantly getting denied at these levels? could it be a trap? Could it be the trading bots put on top of SUI's change that are trading in the pattern of bitcoins first bull run and all the new liquidity is fighting these bots? Because the price has to move. we sit waiting will we break to the upside or will we get fooled massively and dumped on down to bearish scenario, seems safe to the upside right? that's just what they want you to think!!!! it's PVP don't forget. there's some opportunity for inside triangle scalping also as we bounce around. Keep is Sleezy keep it breezy and don't get wrecked.SOooo it was a W