SEI ANALYSIS (4H)Considering the breaking of the trend line and the long shadow formed on the chart, SEI seems to be forming a range.
From the supply range, we are expected to move towards the swap range.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SEI
Strategic Long Trade: Unlocking Potential Profits in #SEI #SEI long trade setup:
Entry Point:
Buy at CMP: Consider entering the trade at the Current Market Price (CMP), taking advantage of the current market conditions.
Additional Entry: Add more positions up to $0.661. This level is identified as a potential strategic buying opportunity.
Target Prices:
Set specific target prices at $0.78, $0.85, $0.92, $1.01, and $1.2. These levels represent potential profit-taking points as the price moves upward.
Stop Loss (SL):
Set a stop-loss at $0.66. This level is considered mandatory to effectively manage potential losses. A stop-loss is a risk management tool that automatically sells the asset if the price reaches a specified level, limiting potential downside.
Leverage:
The recommendation suggests utilizing leverage based on individual risk appetite. It emphasizes the importance of exercising caution and choosing leverage wisely. Leverage amplifies both potential profits and potential losses, so it should be used with care.
Cautionary Note:
Emphasizes the importance of doing your own research (DYOR) before making any trading decisions. This reinforces the idea that the provided information is not financial advice.
In summary, the recommendation outlines a long trade setup for #SEI, providing specific entry points, target prices, and a stop-loss level for risk management. It also advises caution with leverage and underscores the significance of conducting personal research. As always, the information is not financial advice.
sei ideahello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
$SEI - COSMOS Ecosystem Analysis SeriesI will post a series of longer timeframe technical analysis on Cosmos Ecosystem coins.
Here is the next project in my long term buy list: SEI. I will be adding more SEI on the dips to my buy zones shown on the chart.
The Sei Network, as part of the Cosmos ecosystem, is a groundbreaking Layer-1 blockchain optimized for DeFi trading and has several unique and innovative features:
Optimized for Speed and Efficiency: Sei Network boasts a 600ms transaction finality and can handle up to 22,000 orders per second. This high performance outpaces many existing blockchains, including Solana, making it one of the fastest in the industry.
Sector-Specific Blockchain: Unlike general-purpose blockchains, Sei Network is the first sector-specific Layer 1 blockchain built and optimized for trading. This focus allows Sei to make deliberate trade-offs that are beneficial for trading-related applications.
Innovative Trading Features: At the core of Sei Network is a scalable order-matching engine, a first for a Layer-1 blockchain protocol. This engine is integrated directly into the chain, facilitating real-time transactions with minimal latency. This is especially crucial for complex financial services like margin trading, options trading, synthetic assets, and swaps.
Decentralized NASDAQ Vision: The Sei Network aims to be the decentralized counterpart of NASDAQ, focusing on empowering the next generation of DeFi applications. It introduces order books to DeFi through its shared liquidity model and DEX module, simplifying the development of DeFi applications and enhancing their performance.
Advanced Features and Compatibility: Sei supports CosmWasm smart contracts and is integrated with Inter-Blockchain Communication (IBC) networks, enabling cross-chain operability and a more interconnected blockchain ecosystem.
MEV Prevention and Fair Trading Environment: The network employs frequent batch auctioning to prevent harmful forms of Maximum Extractable Value (MEV) and market manipulation strategies like frontrunning, thereby ensuring a fair transaction environment.
Twin-Turbo Consensus and Parallel Processing: Sei Network uses a twin-turbo consensus mechanism to achieve impressive latency, throughput, and finality. The network also capitalizes on DeFi parallelization, allowing separate transactions to be processed simultaneously for increased throughput and reduced latency.
Robust and Diverse Ecosystem: The Sei Network hosts a wide range of applications, including synthetic assets protocols, perpetual exchanges, cross-chain communication infrastructures, and wallets. This diversity illustrates its capability to support a variety of trading-centric applications within the Web3 ecosystem.
Security and User-Centric Design: Sei Network prioritizes security, being secured by some of the largest institutions in the world. It is fully open-source and offers native frontrunning protection, seamless interoperability, and multiple levels of transaction bundling, demonstrating its commitment to fairness and user experience.
Comparison with Other Blockchains: Sei Network has been optimized for maximum transactional throughput and transactional finality. It performs 22,000 transactions per second, which is much higher than Solana and other popular blockchains. The network also focuses on preventing frontrunning, an aspect often overlooked by general-purpose blockchains.
Sei Network's unique position in the SEI cosmos, with its numerous optimizations and focus on trading-related applications, makes it a potential leading player in the DeFi space, providing novel levels of liquidity and inviting new market participants into the ecosystem.
Market Update - January 5 2024
Bitcoin gains 156% in 2023: Bitcoin (BTC) managed to close out 2023 with an impressive 156% gain, rising from ~$16k to over FWB:42K as the leading crypto asset regained credibility following numerous high profile collapses in the previous year. Throughout the second half of 2023, BTC prices generated strong momentum as confidence grew around the possible approval of a US-based spot Bitcoin ETF.
Despite volatile start to 2024 and negative ETF report, bitcoin remains in the $43k-$44k range: Anticipation of the coming spot bitcoin ETF decision (expected by January 10) was palpable on Wednesday, as BTC abruptly fell more than 10% following dissemination of a Matrixport report suggesting that the SEC could reject all pending ETF applications. As the story developed, there was no source to suggest that a decision to reject the ETFs had been made, and with most evidence so far suggesting there will be an approval announcement before the deadline next week, BTC bounced back to the $44k level.
Ethereum co-founder Vitalik Buterin shares a robust 2024 roadmap: Ethereum will continue its focus on its six main priorities: the Merge, the Surge, the Scourge, the Verge, the Purge and the Splurge. With the approval of a US-based spot bitcoin ETF potentially days away, some market participants are already eyeing up a potential ether ETF this summer as the next catalyst for the second most popular crypto.
Interest rates expected to fall in 2024, but strong jobs report may delay rate cuts: Minutes from the Fed’s December meeting showed that rates are most likely at their peak with nearly all officials predicting lower rates in 2024. There appears to be disagreement, however, on how long rates will stay at the current elevated levels. On Friday, the final jobs report of 2023 showed that employers added 216,000 jobs in December, well above expectations, and potentially complicating the outlook for a rate cut early in 2024.
Sei and Arbitrum outperform to start 2024: SEI, the Sei Network’s governance token, is trading up +25% over the past seven days and reached a new all time high above $0.80 as the network continues to see growing adoption. Arbitrum (ARB) was another outperformer this week, gaining +28% over the past seven days, with the token briefly crossing the $2 mark.
⚖️Topic of the Week: Blockchains and Scaling Solutions
⏭️ Read more here
SEI/USDT Perfect Bounce from the demand level. Make new high ??💎 SEI has been a significant point of focus in the market, recently showcasing a robust bounce from the demand level, marked by a strong green candle. This positive response suggests a potential continuation of its upward trajectory, with the next likely target being the Fibonacci target area.
💎 However, if SEI struggles to achieve a new high and retreats back to the demand area, there's a risk that it might break below this level. Such a development could signal a bearish turn for SEI, potentially leading it towards the support level area.
SEI NEW INCREASE VOLUMEThank you for reading this update.
Depending on our study we see that SEI has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
#For Day traders take always profits when the market increase
#Expect nothing from the markets, but follow what it shows.
Break of the trend line signals us(SEI)❤️❤️Thanks for boosting 🚀 and supporting us!
📈Breaking the break of the trend line signals us where to buy and sell.
🔗 For more communication with us, In the footnote and send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
Back to break renge zone (SEI)❤️❤️Thanks for boosting 🚀 and supporting us!
📈now we are in bull 5-candle and need to resting in bull-trend that with back-to-break last renge zone.
📊 (Buy) : 0.301
🔴 Stop Loss : 0.272
🎯 Take Profit : 0.321 - 0.350 - 0.371 - 0.402
🔗 For more communication with us, In the footnote and send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
#SEI/USDT#SEI/USDT
An increase of nearly 300% has been achieved in a short period
Now we have a period of forming an ideal head and shoulders pattern
We are now at the formation of the right side of the model
A rebound is expected to form the right leg at .2760
Before completing the drop to levels
The first target is 0.2238
The second target is 0.2065
The third goal. 1897
SEI Token Surges 35%, Reaching New All-Time HighSei (SEI) has been registering notable gains over the past month with the asset’s recent rally over the 24 hours helping it reach a new all-time high (ATH).
SEI surged by 35% in the past 24 hours and is currently trading at $0.2659, marking a new ATH. The asset’s market cap stands at $645 million at the time of writing. Data shows that Sei’s daily trading volume has surpassed its market capitalization, hovering around the $656 million mark.
It’s important to note that only 2.175 billion SEI tokens have been added to its circulating supply so far, which has a total supply of 10 billion coins.
Moreover, Sei registered an 85% and 170% surge over the past week and past 30 days, respectively.
SEI is still sailing in the bullish zone as it’s above the $0.22 support zone. A price plunge below the $0.20 resistance zone could potentially put the asset in a highly volatile condition.
Last week, SEI registered a 91% surge in seven days after a strategic investment from Circle, the issuer of the second-largest stablecoin USDC.
Sei blockchain to add Ethereum Virtual Machine support in V2 upgrade
Trading-focused Layer 1 blockchain Sei will add support for the Ethereum Virtual Machine (EVM) in its upcoming version 2 (V2) upgrade. This will enable developers to port Ethereum-based contracts over to the network and use them on it.
To add this feature, Sei V2 will incorporate Geth, a Go implementation of the Ethereum Virtual Machine. Geth is the most widely used Ethereum client software.
Expanding on Sei V1
Sei has been operational on the mainnet beta since the V1 launch in August, offering support for Cosmos smart contracts written in Rust. With Sei V2, the team behind it aims to broaden its appeal to a wider range of developers. The development will add a fully parallelized EVM-compatible layer with sub-second finality (the speed at which transactions are confirmed).
What is Sei?
Sei is a Cosmos SDK-based proof-of-stake blockchain, designed to be optimized for trading with its ability to execute sub-second blocks. In April 2023, Sei Labs, the core developer of the network, raised $30 million in two strategic funding rounds from venture firms including Jump and Multicoin Capital.
With functionality that supports fast decentralized trading, Sei targets a specific niche where it competes with other Cosmos chains like Osmosis, Kava, Injective, Neutron and Kujira.
SEI 1hr TF inefficiency and bullish OBSEI is looking to do a little correction to the bullish OB below but as we can see there is inducement prepared for retail trader... So, look to take the long from OB below the inefficiency...
Wait for entry and always learn to manage your risk with proper RM
Follow for more market update and trade setup
Update SEI
Good Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
#SEI#SEI on H4 I see continuation of the pump up to $ 0.3074.
On D TF
At the moment, the $0.2186 level is the support level.
If the coin is consolidating or above this level, then the coin is likely to continue its upward movement to $ 0.3074, where we can see a bearish reaction and most likely a decline to approximately $0.2467 (n.1 - 3), where the main thing is to see that the price is held above $ 0.2467, then we can see more one move up as much as 0.3942$ (n.4)
0.3942$ - the level is also a resistance, only breaking through this level will give an increase to 0.4803$ and possibly higher.
Or the coin breaks through the level of 0.3074$, closes with H4, H12, D candles above this level, then of course the coin will continue its growth to the next value of 0.3942$ (n.5)
Option number 2 is if there is a closing of H4, H6, etc. below $0.2186, then the continuation of the global upward movement is possible from $0.1767 - $0.1886
Closing below these ( $0.1767 - $0.1886) values leads to a bearish trend. Where bounces are possible from the following values, which are indicated by green lines on the graph.
Why Is SEI Pumping?SEI has spiked by 28% today and more than 80% in the last 4 weeks. With its price presently at $0.2, what is causing this sudden pump and how high can it go?
What Is the SEI Token?
The SEI token is the native digital currency of the Sei blockchain network. Developed by Sei to facilitate decentralized exchange functionality, SEI was designed to provide developers with a robust technological infrastructure for building secure, efficient applications and services.
SEI is breaking out of its supply zone around $0.19. With a 24-hour trading volume of $441,026,634 USD. Sei is up 26.33% in the last 24 hours. with a live market cap of $364,305,964 USD. It has a circulating supply of 1,800,000,000 SEI coins.
SEI / SEIUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)