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$SUI 4hr Money Printer?!
Got some more $SUI this morning just $60 worth...
Dropped about $1,000 of profits in $SUI in the last 2 days.
I love to buy fear!
I see a potential 4hr money printer formation here in the moving averages...
The money printer formation happens after a retracement to the downside. All of the moving averages gather tightly with price action while the yellow 200MA is gapped above. The algorithm will normally push price action up towards the 200MA to fill the gap.
The bulls will want to regain the 4 hour 200MA. This is important for the bullish, near-term narrative.
It all begins in the 1 minute timeframe. Want to see a chain reaction all the way up through to the 4hr.
NFA, DYOR ⚠️
#Crypto #Trading #SUI