Alikze »» FTM | Suspicious of the reverse head and shoulders🔍 Technical analysis: Suspicious of the reverse head and shoulders pattern
- In the analysis presented in the previous post, the target exactly touched the bottom of the channel, which then met demand and caused a 110% growth.
- Considering that the recent corrective wave had a correction of 0.23 fibo of the previous wave, so we should expect an upward trend.
- In addition to the fact that the recent corrective wave was a three-wave and its corrective momentum was in the form of three waves, if its correction is not complex in combination, we can expect the continuation of the upward trend after a short-term correction.
- Therefore, the first target of the neck line can be considered the first supply area. After defeating the supply area, the next targets will become available.
💎 In addition, you should pay attention to this point, in order to verify the upward trend, the previous floor should not be touched (Invalidation LVL range), in which case the analysis will be invalid.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
BINANCE:FTMUSDT
SUI
SUI TARGETS ALL TIME HIGHS - SUI NETWORK LONG IDEAThe price ran the daily swing liquidity but failed to close below, showing a strong rejection after the liquidity grab. It created a 4H demand zone, and the price tested this zone with another strong rejection. Recently, we broke the bearish trendline, followed by a retest.
I entered the trade at the trendline bounce and am targeting new highs.
SL: $2.97 (Daily close below)
TP: $3.95 (ATH)
SUIUSD starting a handle to the cup it just formedI placed the measured move line arbitrarily where price action would usually tend to break up from the handle of a cup of this size, if it does validate a breakout anywhere near there the target should be around $4.32. If bitcoin is cleared for takeoff soon and resumes the uptrend/bull market there’s a chance SUI could break out of this cup and handle pattern sooner than that. Also a chance after SUIs meteoric rise that it could continue to consolidate while the rest of the market pumps as well. My hope is the handle sui is now forming is similar in depth to the handle bitcoin has been forming since march, if so I will wait for a good correction before buying any additional sui myself. *not financial advice*
$SUI Set for Shallow Retrace – Targeting $15CRYPTOCAP:SUI ( BINANCE:SUIUSDT ) Update:
I’m expecting a retrace on this one. If it starts trading below $2.65, that’s my first level of interest, with a potential drop down to $2.34 if it gets there.
I expect the retrace to be shallow, rather than the usual 50% pullbacks.
Long-term, I’m aiming for double digits, with a target closer to $15.
SUI | Sui & Mysten LabThe price of Sui is $1.34 today with a 24hour trading volume of 1 billion dollar, SUI trading on multiple exchanges is live now and the startup has closed its public round recently on KuCoin and OKX
Investors who purchased the native token of the Layer 1 blockchain Sui in a public offering last month are seeing large returns now
Binance accounts for 63% of Sui's spot trading volume, Bybit 16.6%, OKX 10.6%, and KuCoin 7.3%
Sui is a layer one blockchain and smart contract platform designed from the bottom up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing, user-friendly experiences.
Mysten Labs, the original contributor to Sui, was founded by by former executives & lead architects of Meta’s Novi Research
the team responsible for Diem blockchain and Move programming language: Evan Cheng, Adeniyi Abiodun, Sam Blackshear, George Danezis...
Sui listings that came in the evening on a day when the FED's interest rate decision may have put pressure on the price so no fomo
it is necessary to wait for the price to accumulate in a certain range and not to act for fear of losing the opportunity
SUI LONG OPPURTUNITY - SUI NETWORK BULLISH TREND ALERTSUI is one of the most popular altcoins in the crypto market right now. It has strong fundamentals, a solid team, and a growing community. I personally hold a spot position in this coin, and I expect to see SUI among the top 10 most valuable crypto assets soon.
Technical Analysis: SUI ran the daily swing liquidity and reached the daily demand zone responsible for the previous all-time highs. The price couldn't close below the daily swing and showed a strong rejection there.
After that, SUI broke the diagonal trendline that had maintained the lower time-frame bearish trend. The breakout was strong, with a close above, indicating to me that SUI has broken the bearish lower time-frame structure and is now targeting new highs.
I expect a small retracement to the green zone marked as the "4H Demand Zone," aligning with the Fibonacci equilibrium level. I’ll be looking to open a position there, aiming for new all-time highs.
SUIUSDT: A Comprehensive Technical Breakdown - Sui◳◱ On the $SUI/ CRYPTOCAP:USDT chart, the Trend Reversal pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 3.8248 | 4.2539 | 5.027 and support near 3.0517 | 2.7077 | 1.9346. Entering trades at 3.4683 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Sui
▣ Rank: 23
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Hitbtc
▣ Category/Sector: N/A
▣ Overview: Sui project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 3.4683 ₮
▣ 24HVol: 279,314,258.243 ₮
▣ 24H Chng: 1.68%
▣ 7-Days Chng: -2.94%
▣ 1-Month Chng: 111.44%
▣ 3-Months Chng: 341.99%
◲◰ Pivot Points - Levels :
◥ Resistance: 3.8248 | 4.2539 | 5.027
◢ Support: 3.0517 | 2.7077 | 1.9346
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 6.93
▣ Last 90D: 5.71
▣ Last 1-Y: 1.98
▣ Last 3-Y: 1.02
◲◰ Volatility :
▣ Last 30D: 1.26
▣ Last 90D: 1.12
▣ Last 1-Y: 1.19
▣ Last 3-Y: 1.09
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is N/A
▣ In-depth SUIUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
MemeFi: Bridging Gaming, Blockchain, and Growth PotentialMemeFi has rapidly established itself as a pioneering force in the Telegram mini-app space, seamlessly blending the fun of mobile gaming with the power of blockchain technology. With over 55 million users and 10 million on-chain wallets, the platform has transformed from a simple tap-to-earn game into a thriving ecosystem that merges entertainment with decentralized finance (DeFi).
Fundamental Strengths of MemeFi
At its core, MemeFi offers an engaging meme fantasy universe integrated into the Sui network. This strategic integration provides users with an accessible entry point into Web3, making it a standout project in the crypto-gaming space. The recent launch of the MemeFi Ads platform has added a revenue stream, boosting the platform's long-term sustainability and appeal to both users and advertisers.
Market Performance and Potential
Currently trading at approximately $0.01283, MemeFi ($MEMEFI) shows impressive resilience and market interest. Key metrics include:
- Market Cap: $125.7 million
- 24-hour Trading Volume: $569.8 million, reflecting a 14.3% increase
- All-Time High (ATH): $0.01376 (Nov 27, 2024)
- All-Time Low: $0.005246 (Nov 24, 2024)
This rapid rebound, with prices up 101.83% in the past 7 days, signals strong buying momentum and increasing investor confidence.
Technical Analysis
From a technical perspective, $MEMEFI is showing strong signs of bullish momentum. The token recently formed a bullish symmetrical triangle pattern, with a breakout point at the $0.014 pivot level. This zone represents the upper ceiling of the triangle, suggesting a potential surge toward its recent ATH of $0.01411.
Key Indicators:
Currently the RSI is at 60, indicating $MEMEFI still has room for upward movement without entering the overbought zone. Support Levels at $0.0108 provides a buy zone, with strong bullish sentiment above this level.
A confirmed breakout above $0.014 could pave the way for higher gains, potentially revisiting or surpassing its ATH.
Broader Market Influence
The overall bullish sentiment in the crypto market, particularly with Bitcoin ( CRYPTOCAP:BTC ) hovering between $90K and GETTEX:97K , further supports $MEMEFI's potential growth. If Bitcoin maintains its upward trajectory, MemeFi's performance could ride this wave, benefiting from increased capital flow into altcoins and meme tokens.
Conclusion
MemeFi's strong fundamentals, innovative approach, and promising technical setup position it as a compelling investment opportunity. With its expanding ecosystem and bullish market trends, $MEMEFI is not just a game—it’s a significant player in the evolving world of Web3 gaming and decentralized finance.
Alikze »» ICP | Forming a triangle corner pattern🔍 Technical analysis: Forming a triangle corner pattern
- According to the analysis presented in the previous post, in the 1D time frame, after reaching the supply range, it has faced selling pressure.
- As can be seen, after reaching the range of the green box, it has had a positive reaction several times and has faced demand.
- Currently, a triangle corner pattern is formed in the green box area.
- Therefore, the last correction leg can be removed from compression by filling the gap of FVG.
- If it exits from the density above, it can grow up to the range of 12.5 dollars.
🛑 The most important resistance: $12.50
💎 Alternative scenario: If the breakout occurs from below and the green box is broken, the correction can extend to the green box.
💎 So as long as it is above the green box, there will be a short-term bullish trend for the target of $12.50.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
BINANCE:ICPUSDT
Alikze »» KSM | Ascending corner pattern🔍 Technical analysis: Ascending corner pattern
- It has had a zigzag correction to the green box area on the 1D daily time frame after exiting the bullish channel.
- In the last analysis presented, after reaching the range of $60, a correction was encountered. In the presented details, two PRZ ranges had short-term fluctuations, which were investigated.
- Currently, according to the structure of the corner pattern and the exit from it, as well as the support within the green box, it has faced demand.
- Therefore, the first short-term target will be the range of the second cluster, and if it breaks upward, the second target will be the first cluster.
🎯 Close targets: 21.30 - 21.88
- If the second cluster area does not fail, there will be a correction to the $15 range.
🛑 Important resistance: $25
💎 In addition, if it stabilizes below the green box area, the bullish scenario will be invalidated.
If the behavior and structure of the post changes, it will be updated.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
BINANCE:KSMUSDT
Sui Partners with Franklin Templeton to Accelerate DeFi AdoptionSui has taken a bold step forward by partnering with Franklin Templeton Digital Assets, signaling a significant push toward enhancing its DeFi ecosystem. With Sui already experiencing remarkable growth metrics and a price surge, this partnership could catalyze further expansion and investor interest.
Franklin Templeton’s Role in the Sui Ecosystem
Franklin Templeton brings deep expertise in tokenomics research, node validation, and blockchain investment strategies. Their involvement promises to strengthen Sui’s infrastructure and support developers building decentralized finance (DeFi) solutions. Key projects benefiting from this partnership include Deepbook, Karrier One, and Ika, all showcasing Sui's scalable and secure framework.
This collaboration aims to provide essential support to developers, helping them deploy enhanced blockchain technologies more efficiently. Franklin Templeton’s research team, known for leveraging data science, will play a pivotal role in guiding Sui's blockchain advancements.
Sui’s DeFi Growth Metrics
Since its mainnet launch in May 2023, Sui has recorded phenomenal growth:
- Total Value Locked (TVL): Up 675%
- DeFi Transaction Volume: Increased by 956%
These figures underscore Sui’s technological efficiency, driven by its parallel processing capabilities, low transaction latency, and consistent gas fees. This performance has drawn developer interest and user adoption, setting the stage for sustained growth.
SUI’s Meteoric Price Rise and Technical Outlook
SUI, the network’s native token, has seen an extraordinary 740% rally in just four months, rising from $0.78 to $3.51. Analysts suggest the token could reach $18 this bull cycle, provided it overcomes key resistance levels at $3.93. Factors fueling this surge include:
- Growing DeFi Adoption: Increased user engagement and development on the platform.
- Innovative Capabilities: Introduction of tools like SuiPad, enabling users to create and launch memecoins.
Despite a recent 4.78% dip, CRYPTOCAP:SUI remains within a consolidation zone, indicating potential for a breakout. The Relative Strength Index (RSI) shows bullish momentum, and trading volume suggests strong market support.
Future Potential and Challenges
The partnership with Franklin Templeton could significantly boost SUI’s adoption and credibility. However, recent challenges, such as the two-hour network outage, highlight the need for continued infrastructure improvements to maintain investor confidence.
Conclusion
Sui’s collaboration with Franklin Templeton marks a turning point in its journey to becoming a dominant player in the DeFi space. With impressive growth metrics, a strong technological foundation, and a bullish market sentiment, CRYPTOCAP:SUI could be on track for substantial gains, potentially hitting $10 in the near future. This makes CRYPTOCAP:SUI a token to watch closely as the altcoin rally continues to unfold.
SUI maintains $3 after two-hour outageYesterday, the Layer-1 blockchain Sui experienced a two-hour blackout, halting block production and rendering transaction processing impossible. This network outage led to a slight dip in SUI’s price, falling from $3.73 to $3.64.
Around 10:52 UTC, web3 security firm ExVull disclosed that a DOS bug caused the Sui network outage. Fully known as a Denial-of-Service (DoS) attack, the bug” refers to a software attack that overwhelms a system with excessive traffic or requests, causing it to become unavailable to legitimate users by crashing or severely slowing its functionality.
Following this development, several exchanges halted SUI transactions as the price also dipped a little. However, nearly two hours later, the project updated its community, saying that validators had assisted in resolving the issue.
Consequently, on a daily chart, SUI continues to trade within an ascending channel. An ascending channel, also called a rising channel or channel up, is a chart pattern defined by two parallel upward-sloping lines.
It forms when the price shows higher swing highs and higher swing lows, indicating an ongoing uptrend. Furthermore, the Chaikin Money Flow (CMF) has increased, suggesting that buying pressure has outpaced distribution.
If this continues, SUI’s price could climb above $4. However, if a Sui network outage occurs again, this might not happen. In that scenario, the value could drop below $3.
SEI FOLLOWING SUI??SUI has been on a great run in the last few months being a first mover in the altcoin space while BTC has been chopping for 6 months, now SUI is on the very edge of pushing above above the local high.
The chart on the right is SEI and looks like the chart lines up perfectly just lagging behind by a month. This could be a great trade opportunity going into the end of the year/Q4. If the trajectory is the same as SUI we could look to expect a +218% move, and structurally even without a comparison to SUI the chart TA suggests a new higher high and higher low bullish structure which will naturally want to climb back up the chart.
Bitcoin generally has a big part to play in the altcoin world, however SUI has made this rally on its own without the pulling power of BTC, could SEI do the same???
TradeCityPro | analyzing SUI as Bitcoin Dominance Declines👋 Welcome to the TradeCityPro Channel!
Today, I’m analyzing the popular SUI coin for you. SUI, a prominent Layer-1 blockchain in the market, has gained significant attention from investors in recent months. With an influx of capital into its network, the SUI coin’s price has experienced notable growth.
👑 Currently, Bitcoin continues its upward trend, marking a new all-time high (ATH) at $98,380. However, Bitcoin dominance has started to decline after a fake breakout of 61.32, leading to corrections. As a result, while Bitcoin consolidates, altcoins have begun to move.
⚡️ For instance, Ethereum has climbed 9%. If Bitcoin dominance continues its downward trend, we may expect a short-term altcoin season. Should the decline persist, Bitcoin dominance could retest its ascending trendline.
🔽 Key downward targets are 59.56 and 58.64. If dominance reaches these levels while Bitcoin prices rise, we could witness significant rallies in altcoins.
📅 Weekly Timeframe: Pullback to $1.786 and Movement Toward New Targets
In the weekly timeframe, you can observe that buying volume entered SUI around July, when it hit a low at $0.5694. This buying pressure has driven the price upward, helping SUI achieve a new ATH.
🚀 Currently, after breaking the previous ATH at $1.786 and pulling back to this level (which aligns with the monthly R1 pivot), the price surged to R3, setting a new high at $3.70. If this bullish momentum persists, the next pivot-based target will be $4.75.
✅ Moreover, SUI features a parabolic trendline that has reacted twice so far. While this diminishes its reliability, a third interaction would validate its importance.
🌱 The RSI oscillator, after two consecutive candles closed in the overbought zone, has started correcting and is now testing the 70 level. As long as the RSI remains above 70, further upward movement is expected.
📅 Daily Timeframe: Beginning of a Correction?
In the daily timeframe, SUI has had two bullish legs so far: the first from $1.00 to $2.1368, and the second from $2.1368 to $3.8111. At the peak of each leg, RSI reached 84, followed by corrections. The first correction was time-based, and the second is likely to follow a similar pattern.
📊 Currently, with RSI dropping below 70, a correction may have begun. However, if RSI re-enters the overbought zone, another bullish leg could occur. Using the yearly pivot and Fibonacci levels, targets for the next leg are $4.74, $6.40, and $9.17.
📈 If you purchased SUI after breaking resistances at $1.00 or $2.1368, I recommend securing your initial investment if your profit exceeds 100%, while holding onto the gains. Otherwise, wait for a trend reversal before taking further action.
🧩 As the market enters a corrective phase, buying volume is naturally declining, which actually supports the continuation of the bullish trend. If the price corrects further and RSI drops, the 50 level on the RSI will be crucial.
📅 4-Hour Timeframe: Futures Triggers
In the 4-hour timeframe, I’ll outline the key futures triggers based on my analysis.
🔍 After reaching the $3.8814 zone, as noted in the daily analysis, the price entered a correction phase, dropping to $3.4295. If you’re holding a long position from the breakout at $2.3649, I suggest taking profits if the price stabilizes below $3.4295. The next support zone lies between $2.80 and $3.00, which aligns with the Fibonacci golden zone and is likely to halt further declines.
🔴 If the correction continues, the next critical level is the trendline visible in the daily timeframe.
📈 Should buying volume return and RSI holds above 40.91, the breakout of $3.8814 becomes a reliable trigger for futures trading, with the first target at $4.7422.
💎 SUI/BTC Pair Analysis
The SUI/BTC chart mirrors the USDT pair, showing an upward trend but struggling with significant resistance. Today’s green daily candle highlights Bitcoin dominance’s impact on altcoins.
Currently, the pair is testing resistance at 0.00003820, with another resistance zone at 0.00004202 nearby. If both levels are broken, the price could climb to 0.00005130.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Sui Network Surpasses $1.5 Billion TVL Amid Validator Recovery The Sui blockchain is hitting major milestones despite a brief setback. Following a two-hour downtime caused by a bug in its transaction scheduling logic, the network is back online and thriving, thanks to swift action by its validator community. This recovery reflects the resilience of the Sui ecosystem, which has been on an extraordinary growth trajectory.
Fundamental Highlights
1. Total Value Locked (TVL) Milestone
Sui’s TVL has surged past $1.5 billion, a staggering achievement that underscores the network’s rapidly growing adoption. This is a sharp climb from recent thresholds of $1.1B, $1.2B, $1.3B, and $1.4B, showing the ecosystem’s remarkable momentum.
2. On-Chain Volume Record
Over the past 7 days, Sui recorded more than $2.5 billion in on-chain volume, further demonstrating the ecosystem’s robust activity and the confidence of its user base.
3. Ecosystem Expansion
The launch of SuiPad, a token creation and launchpad platform, has been instrumental in driving engagement. It enables both novice and experienced traders to create and launch tokens, adding significant value to the Sui ecosystem.
Technical Analysis
At the time of writing, CRYPTOCAP:SUI is trading 3% higher and forming a bullish pattern after completing a falling wedge breakout—a classic reversal setup.
The Relative Strength Index (RSI) is currently at 72, indicating strong momentum for further upside. CRYPTOCAP:SUI is poised to test the $5 pivot, with potential to rally towards $10 in the medium term if momentum continues. Furthermore, CRYPTOCAP:SUI is trading comfortably above crucial MAs, reinforcing its bullish sentiment.
🌟 Why This Matters
The swift recovery from downtime and its consistent growth in TVL and on-chain volume solidify Sui’s position as a leader in the blockchain landscape. Its innovative tools, such as SuiPad, are fostering both community and developer engagement, making it a hub for altcoins and Layer 2 projects.
Investors and traders should keep a close eye on CRYPTOCAP:SUI as it continues to make waves in the crypto market. The combination of robust fundamentals and strong technical indicators points to a promising future for this rising blockchain.
Above 360% with SUI strategyNo predictions, no telling the future, just automation with strategy. SUI has been volatile in 2024, alternating between downward corrections and growth. Taken together, how much profit do you make from SUI? Backtesting results for this strategy for SUI came in at 367% (commission included) as of January 1, 2024. Quite interesting! Strategy S1-TM is available to check.