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SEIUSDT

SEI → 400% Long in Under 2 Months! More to Come!? Let's Answer.SEI has been one of the top movers in the crypto market in the last 30 days and by looking at this chart, you can see why. A 400% move to the upside in the last 47 days! Is there any more steam left on the train? How do we trade this? 🤔 Strong push to the resistance line, looks to be the end of the second leg up, RSI is very high at 80.00 and above the Moving Average, we need to wait for a pullback. The crypto market is at a crucial point where a reversal is possible. We need to wait for a pullback on this chart to the channel support around $0.40 and get confirmation of a continuation with a buy signal. At that time, it's reasonable to long for a third leg in the channel up to the $0.60 price area. It's also reasonable to take half profits at 1:1 for a third leg in a trend, then move the stop loss up to your entry price to secure profits. Your position size should also be smaller since we're later in the trend, the probability is now less that the trend will continue and your risk needs to be sized proportionally. 💡 Trade Idea 💡 Long Entry: $0.42 🟥 Stop Loss: $0.33 ✅ Take Profit: $0.60 ⚖️ Risk/Reward Ratio: 1:2 🔑 Key Takeaways 🔑 1. Bull Channel, Bias to Long. 2. Two Pushes Up, Looking for a Third. 3. Above Daily 30EMA, Bias to Long. 4. RSI at 80.00 and above Moving Average, Supports Pullback. 5. Look for Support at Previous Resistance, Look for 1:2 Long. 💰 Trading Tip 💰 The probability that the trend will continue weakens toward the end of it. Trends typically have three defined legs and while they can have more, it's reasonable to assume the probability of a continuation is lower at this stage. This means your position size should be lower to account for that decreased probability. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
Long
by TraderEngineering
2
$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.
by CryptoBreakers
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.
by MyCryptoParadise
1
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.
Long
by ahmadarz
4
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.
Long
by DEXWireNews
#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.
Long
by vazitrades
4
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.
Long
by DEXWireNews
SEI/USDT It required break the resistance to continue upward!💎 SEI has undoubtedly had a significant impact on the market. Currently, SEI is encountering the local resistance area at $0.1305. If SEI starts to display several bearish rejection candles, it could be indicative of a potential downturn, leading SEI back to a retesting phase at the demand area, with the aim of generating fresh momentum to breach the resistance zone. 💎 However, if SEI successfully overcomes the resistance in the near future, it will be poised for further upward movement and could probability reach our target zone, which includes the supply and major supply areas. 💎 On the flip side, if SEI, during its retesting phase within the range of $0.1180 to $0.1140, fails to sustain this level and even breaches the demand area, this would signify an adverse development for SEI. It would signal a shift back to a bearish trajectory, with the possibility of descending to the key support area.
by MyCryptoParadise_Nathan
7