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SUI

SUIUSD has bottomed and is on a bullish reversal.SUIUSD has made a Double Bottom at 1.01500 last week, broke above the 4H MA50 (blue trend-line) and is testing its first major Resistance at 1.24500. We will buy if it closes a 4H candle above it and target Resistance 2. Similarly, extend buying if it closes above Resistance 2, aiming at a complete gap fill on Resistance 2 (1.68000). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:SUIUSDLong
by TradingShot
15
SUI SUIUSDT Price analysis (1h)Hello dear TradingView community! While the article was being written, the price of SUI experienced a breakout from the 1.14 level on the 1-hour timeframe , indicating a potential upward movement. This breakout suggests that SUI may continue to rise to higher levels. However, it is important to exercise caution and consider other technical indicators. The MACD (Moving Average Convergence Divergence) indicator suggests a continuation of the upward move, supporting the potential for further price appreciation. On the other hand, the RSI (Relative Strength Index) is showing an overbought condition, which could signal a potential reversal in price. Considering these indicators, it is crucial to closely monitor the market and observe whether there is strong demand to support SUI's price at these levels for the long term. Traders and investors should keep a watchful eye on any signs of a price reversal or a potential correction. Remember that technical indicators provide insights, but they are not foolproof. It is recommended to conduct thorough analysis, consider multiple indicators, and evaluate market conditions before making any investment decisions. The SUI project has emerged as a highly promising project. Strong Financial Backing: SUI benefits from substantial financial backing, which indicates confidence in its potential for success. Ample funding allows for the development and deployment of a robust decentralized finance (DeFi) ecosystem, setting the stage for future moves. Innovative MOVE -Based Ecosystem: Following the success of APT, SUI is the second hyped MOVE-based ecosystem that promises to create a thriving environment for users and developers. The MOVE protocol's centered around derivatives and price volatility. Expanding DeFi Ecosystem and Use Cases: With an extensive ecosystem consisting of 230 projects and 47 DeFi protocols in the pipeline, SUI demonstrates a vibrant and diverse range of applications. This breadth of development attracts users and increases the demand for SUI tokens, contributing to long-term growth potential. Competitive Advantage over Rivals: When compared to its closest competitor APT, SUI exhibits an advantage in terms of ecosystem vibrancy. With a higher number of DeFi protocols and a focus on building a thriving ecosystem, SUI shows potential for adoption. Solid Fundamentals and Market Position: SUI's strong fundamentals, including a low initial supply and involvement of market makers, contribute to a controlled token emission process. This controlled emission prevents significant price dilution and fosters price appreciation over time. Additionally, strategic partnerships, exchange listings, and community engagement enhance SUI's market position and success potential. Investors seeking short-term opportunities in the cryptocurrency market should consider the potential of the SUI project. Its well-funded development, innovative MOVE-based ecosystem, and expanding DeFi ecosystem present promising prospects for sustainable growth. However, it is crucial for investors to conduct thorough due diligence, understand associated risks, and make decisions based on their own risk tolerance. Please let us know your feedback and thoughts in the comments section below. We value your input and would appreciate hearing your perspective on the potential of the SUI project as an investment opportunity. Feel free to share your insights, questions, or any additional information that could contribute to the discussion. We look forward to engaging with you!
by Vestinda
Ethereum Technical Analysis chart AnalysisUnderstanding Ethereum's Current Chart Overview: Trading at Resistance Level, Potential Scenarios and Analysis Ethereum has been making headlines in the cryptocurrency world, with its current trading price at $1970. As per the chart overview, it is currently trading at a high resistance level. This means that there are two possible scenarios to consider when making trading decisions. Scenario 1: Rejection at Resistance Level If the price of Ethereum is rejected at the $1950 level, it is likely to see a drop to $1500 or $1300 levels. This indicates a high chance of rejection due to the resistance level. It is crucial to consider this before making any trading decisions. Scenario 2: Breakout Above Resistance Level If the price of Ethereum manages to break above the resistance level and close above $1950, there is a high chance that it will reach the $2500 level. This scenario would indicate a bullish market trend and offer an opportunity for traders to make a profit. High Selling Pressure at $2100 It is important to note that there is high selling pressure at the $2100 level. Therefore, it is recommended that traders approach this level with caution and not trade blindly. High Demand Zone at $1400 There is a high demand zone at the $1400 level, making it a good level to consider when making long-term trading decisions. It is a good strategy to identify these levels of demand and consider them in your trading plan. Takeaways: Ethereum is currently trading at a high resistance level There are two possible scenarios to consider: rejection or breakout above the resistance level Traders should approach the $2100 level with caution due to high selling pressure The $1400 level is a high demand zone and should be considered when making long-term trading decisions Conclusion: In conclusion, understanding Ethereum's current chart overview is crucial before making any trading decisions. It is important to consider the resistance and support levels, identify demand zones, and approach high selling pressure areas with caution. By keeping these factors in mind, traders can make informed decisions and minimize risks while trading Ethereum.
Short
by CryptoPatel
5
SUI VS ARB Hello everyone! Today I did a review of two new and hype coins - SUI and ARB. Both coins were released at almost the same price, and you can see on the chart the coincidence of entering the market, corrections, accumulation and transition. Personally, I see the growth of the SUI coin, especially the sharp growth and transition. Many people already have this coin, so if you are considering it for investment and long-term goals, then it is a very good coin. In the near future, I expect growth for this coin. Wishing you a successful day and profits!
Long
by Du_Trade
2
Salmonation best project in tokenomic fundamental in IndonesiaSalmoantion is community project wth 100% fairluanch liquidity dan supply. and it build a blockchain that called BeOne Protocol. as my opinion and anylize for a year this project development is above average from other project in Indonesia. the chart is organic as we see , and lot big bag holder keep their investment almost a year. and the only survive market winter in Indonesia only this project. yea the developer is focusing in development their BeOne for a year and now is on NET, I'm also one of the long term holder for this project . and waiting their bridging protocol. they are interesting idea that developer tell to the community to give more trust to the public , by makin decentralized tokenomic for all user. and the plan to develop multiplatform use by one Token. in their chain. keep update for this one. keep an eye! as we know Indonesia is big country with a Huge Material Resources.. we never know black gold ( oil ) can be custodial in the future
S
by salmonmeidy
November 19 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart According to Circle's official website, over the last seven days, the amount of USDC in circulation, as of November 16th, has increased by about $2 billion, or about 4%. Bitcoin is down 1.74% over the last 24 hours and fell to an intraday low of $16,529.69. The largest cryptocurrency continues to trade in the $16,000 - $17,000 price zone as investors remain cautious to assess the negative impact of the FTX crisis on the cryptocurrency industry. If another large cryptocurrency company becomes insolvent, the BTC/USDT pair could retest the November 9th low of $15,588. Today’s Cryptocurrency Headline Sui Testnet Wave 1 Goes Live According to the official announcement, Sui, the Layer 1 public chain developed by Mysten Labs, announced the launch of Testnet Wave 1, which focuses on operators, especially validators and full-node operators. The Testnet Wave 1 network will run for approximately two to three weeks and will be closed when the goal is achieved. This is the first instance of a Sui Network working with non-Mysten Labs operators, and an important step towards a decentralized Sui Mainnet. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
5
Long Term Bullish Trend in #SUIFor last 5-6 years #SUI has been rising in a slow and steady bull run despite so many ups and downs in the market. It handled pandemic downtrend beautifully and came back to its original uptrend as soon as pandemic fear was over and its been rising secularly. Currently its been under profit booking and this may last for next several weeks. Safe players can wait for profit booking to be over and buy when resumes its uptrend. Its a Buy till it falls upto 160 from current price. Its one such stock which is a Buy at every dip. Disclaimer : Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held responsible for any profit or loss out of any trades you take on our advice. All Disclaimers Apply.
NYSE:SUILong
by Gann-Elliott-Trader