The Trust Layer for Market Analysts

The video provides a technical analysis of SUI, RENDER, and FET, using Elliott Wave theory and Fibonacci levels on a 4-hour timeframe. For SUI, the analyst anticipates a potential ABC correction down to $3.00. He notes that invalidation of a triangle formation suggests lower prices. Alternative scenarios include a leading diagonal or a double 1-2 formation. For RENDER, the target is also near $3.00. He cautions about a potential triangle formation, but overall, the bias is towards a bullish double 1-2 wave count. He mentions looking for potential entry points near the blue box range, a target of $.5317 for FET, advising caution due to long downward trend and three wave pattern and 0.236 retest. . Finally the Bitcoin dominance would affect the altcoins.