Crypto Contest May 10: Sui

M
maarnio

Sui (Binance: SUIUSDT) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com(log scale))

Elliott Wave Analysis

In Elliott Wave terms, SUI began a red wave one advance on May 3. The red wave one peaked on May 3 and the red wave two (blue sub-waves a-b-c) correction ended on May 8. If this wave count is correct, SUI should be heading next towards the May 3 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))

Funnymentals

Sui is a layer 1 blockchain and smart contract platform designed from the bottom up to make digital asset ownership fast, private, secure, and accessible to everyone. VirtualBacon reviewed the project one week ago.

(Sources: https://sui.io/)

How Will Sui Trade?

Sui (Binance: SUIUSDT) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))

Prizes

I will be giving upvotes to the correct answers (posts only).

Rules

This poll will expire in one week. Only one vote per person.

Which one will happen first?

Please select one of the three choices and comment below

SUI will takeout the May 3 peak

SUI will drop below the May 3 low

SUI will stay in a trading range between the May 3 low and the May 3 peak until June 15

Comments