@KGTradingCrypto
YouTube
Avg. Quality
70
Success Rate
31.04
Analysis
799
Correct
248
Fail
457
Pending
94
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Fail
SUIUSDT
Long Entry
3.5794
2025-08-19
14:01 UTC
Target
4.7000
Fail
3.4000
In 24 Hours
Risk/Reward
1 : 6
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Final PnL
-5.01%
P/L: —
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The analysis employs Elliott Wave theory to predict future price movements for SUIUSD, RENDER, and FETUSD, focusing on the 1-hour to 2-hour timeframes. For SUIUSD, the analysis suggests a completed impulse Wave 1 and a subsequent Wave 2 correction. The current price activity is interpreted as potentially forming an ending diagonal or a corrective 'ABC' pattern within Wave 2, positioned above the critical bullish invalidation level of $3.40. A continuation towards the upside is anticipated, targeting a robust Wave 3 in the range of $4.41 to $4.77, specifically around the 1.618 Fibonacci extension at $4.70. For RENDER, a similar bullish outlook is presented, with a Wave 2 correction, possibly an expanding flat, concluding within a defined blue box. The price, currently at approximately $3.71, has breached the trendline slightly but is expected to rebound for a Wave 3 move towards $4.80, with an invalidation below $3.399. The expectation is for aggressive, impulsive upward movements. Lastly, FETUSD shows a clearer impulse Wave 1 and a Wave 2 retracement that has respected the anticipated blue box Fibonacci levels. The current price, near $0.67, is poised for a Wave 3 impulse, aiming for a target range of $0.89 to $0.95, with the 1.618 Fibonacci extension at $0.9525. The bullish scenario for FETUSD remains valid unless prices fall below the $0.53 invalidation level. Across all assets, the analyst emphasizes the necessity of strong, impulsive upward continuation for these bullish Wave 3 scenarios to materialize.