Suku, High Targets Only (615% - 2,658% Profits Potential)Between late 2023 through mid-2024, SUKUUSDT produced a 900%+ bullish wave. The action in late 2024 was a non-event.
Here we can clearly see how a pair that grew strongly in 2023 performed poorly in 2024. Those that performed poorly in 2023 did great in late 2024. But still, this isn't bull market type of action.
SUKU can grow more than 900% in a transition year, this is awesome. How much can it grow in a bull market year when everything goes wild? Great question. Growth potential is huge.
I am showing some targets here, strong targets but the possibilities exist for this pair to grow even more than what is shown on the chart. This is a small cap. and small cap. projects can do awesome when the bull market is in full force. Right now, we are not there yet.
SUKUUSDT is trading at the bottom, true bottom; the lowest prices ever in its entire history. This is simply great. You can't go wrong buying when prices are low. No planning needed, just buy and hold.
Risk becomes very limited, it can be counted in time, nothing more. While the reward potential can be extraordinary, off the chart.
A spot trader can simply buy and accumulate. If you are reading this now, you have great timing. The only time better than now was in early April, but the retrace pushed prices back near the same level, so everything is good.
Three months from now you will be dealing with a completely different market, you will be surprised to see how fast things change. Now everything is low and depressed, in a several months, you won't even be able to imagine that such a situation as now is even possible. Everybody who missed the train will be thinking, "why didn't I buy back then?"
Take action now.
Thanks a lot for your continued support.
Namaste.
Suku
Double Bottom within a Double BottomCOINBASE:SUKUUSD looking at the possibility of the beginning of a monster move up from a double-bottom within a double-bottom.
High risk low cap - initial targets 3-4x if we get it.
Potential for the 10x move conditioned upon confirmation of the 3-4x move.
Daily double-bottom zoomed in below:
Falling Wedge Targeting Weekly High from Initial ListingPossibility - SUKU could be seen as at the end of a falling wedge that has a 1.5x target which perfectly intersects with its ATH during its initial listing.
A more realistic target and long-term outlook is indicated on the USD pair chart linked in related ideas below.
Suku to 10-11 cents?Suku broke out of a falling wedge here. Earlier charts I've posted were expecting 10-11 cents, even up to 13-15. Let's see if it finally gets there after the long consolidation from its move up earlier in the year, in January.
Some confluence from the OBV indicator to support this - on balance volume has been consistently rising throughout the consolidation within the wedge. Note that last time OBV was at this level, back in January, was when we saw the last larger move up.
Going against this - DXY may be in for a strong move up soon. It could be delayed or even move down instead, but if it gets a strong move up, I imagine this is going down, or at least not going much further beyond the previously mentioned targets.
This applies to pretty much everything right now:
Bull FlagSuku has formed a nice bull flag here after breaking out of its falling wedge.
Confluence: Golden cross on the 50/200 day MA (dotted), and has been sitting in between the 50 and 200 day EMA for 40 straight days now, and is one of few in the crypto market that has yet to break above its 200 day EMA.
Targets remain the same as on my previous post. We could even see 15 cent area near the 200 day SMMA since this has been dragging out so long. Previous posts are here and here:
Higher targets near 15.6, but awaiting channel break:
Original falling wedge post:
Long-term, but long-shot hopium chart:
$AVAX $DOGE & other Altcoins were great buys days ago, what now?Last week we mentioned buying #crypto #altcoin
We spoke on:
$AVAX
$JASMY
$ADA
$MANA
$MLN
$DOGE
$TLM
$SPELL
$TRU
And others...
We then spoke on taking some profits, sold 1/4 to half of positions on that bump.
Yesterday many hit support levels & some are still close to support levels today.
Here are some that are still not at bad prices
$AXS $ASM $AVAX $FARM $FLOW $ENJ
$SUKU hasn't sold off and held well
$MKR has pulled back a decent amount but looks like it wants to sell off a bit more.
#cryptocurrency #altcoins #cryptotrading
Another way to look at SUKUPreviously posted a falling wedge pattern. After breaking out of that wedge, it has formed a parallel channel (non-log chart).
I think there's a good chance we get a channel breakout as well, which would move previous falling wedge targets up a bit.
Why a good chance? SUKU has a golden cross on the 50/200 day MA (dotted lines), and is currently sitting between the 50/200 day EMA (solid). It has so far failed to drop below both the 200 day MA and the 50 EMA since moving above it. Continue to do so and we'll get our channel breakout soon.
Falling wedge's previous TP 2 was around 13.3 cents. Channel's TP 1 is around 13 cents, so that target still remains relevant. However, now we have a TP 2 from the channel break around 15.6 cents.
Previous falling wedge idea shown below, which remains in play as well:
SUKU could see 75% here, >200% if breakoutQuick post - SUKU is at the bottom of a daily chart falling wedge. OBV has been rising throughout its entire drop since first being listed on Coinbase.
A move from here towards top of wedge could easily do 65-75%, and a falling wedge breakout could lead to significantly more ~260-280%. much more if we see continuation following if such a move were to occur.
$NAKA $CUBE $SUKU $GALA all HUGE movers, called them early JanPosted this elsewhere, DOCUMENTED
To #hodl any of these from late DEC/Early Jan = GOOD!!!!!!!!
Each has pumped nicely
$CUBE 2x
$NAKA 3x
$SUKU 2X
$GALA 3x
Some look to be losing steam, it's expected
Many #Altcoin are beginning to look a lil tired
Consolidation or something else?
#p2e #metaverse #nft #crypto
SUKU - Potential Double Bottom Targeting $2.30 - $2.70If SUKU has double bottomed here, we could see potential growth from the area of 9 cents up to 2.3 - 2.7 dollars by winter of this year or early 2023.
Trend-based fibs, measured from opening day -> bottom -> first top give us a golden pocket in the exact same target area as conservative and more aggressive measured double bottom targets, for confluence.
For this to remain a possibility, we need to hold above the area between ~5-7 cents (no new ATLs).
In support of this idea, we've seen highest buy volume in SUKUs history here in the area of the proposed double bottom. Price has yet to reflect this.
SUKU: a promising project and chart.Suku is on of the 100 blockchain start ups listed on forbes. It's currently very low in capitalization and this give us a good long opportunity!
The cap is currently 40$M, this means that at 6.30$ the cap would be around 600$M. I think this is higly achievable for a project of this kind.
Suku is a service kind of project, this means they let companies use their network to give customers a new way of approach to the world of services. This goes from supply chain, interoperability to DeFi.
It's also a project in partnership with hedera hashgraph and suku network will be integrated in hedera network, this will make suku safer, scalable and fast than ever, making it one of the best project in the crypto world.
This project is a gem and it's very discounted right now.
Technical analysis:
Suku price is following this trendline for long time now, it looks very solid.
If this is the bottom the fibonacci extensions would take it to around 6$ during the next bounce. It's a high target but it's definitely reachable in the medium-term. And remember that low volume preceed expansion!
Here for you, as always, CryptoSoap!
SUKU Say Goodbye to cheap prices, say hello to MOONSUKU looks like it's ready for an absolute rocket mission to mars. It's been oversold for a while now and seems to have broken out. Now it is retesting the trendline it's been following for a long time!
Now is the perfect time to buy, don't miss the rocket ship.