SIUE, Oy Vey!It looks like the end of lil' Siu's rampant growth is coming.
This little beauty studied well and pleased the teachers with her growth, but everything comes to an end and the holidays begin
- And we will witness the manifestation of her dark side -
It will be a hike down the social ladder for her - swashbuckling parties of wave A, a little respite in wave B and the last fall in wave C (I'm even a little jealous). A similar thing happened to Thomas Henry (Oscar Wilde)
Look at the chart, friends - I marked the ALT account in YELLOW, but GREEN movement is a priority.
Since wave 3 has been extended by as wave 5, the end of the correction may come in wave 2 of (3)
Green box - ist a SUGGESTION, I will update if I like :)
Buuuugh
ANYWAY
tap da rocket if u understand thy idea or just what I wrote
SUIUSD
#SUI/USDT#SUI
The price is moving in a downward trend on a 12-hour frame
After bouncing from a major support area in green at the $1.00 level
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI that is about to break higher
Entry price is 1.18
The first goal is 1.40
The second goal is 1.62
The third goal is 1.98
Where is the SUI price heading?For more than 2 months, the SUIUSDT price has been showing and maintaining a strong and steady upward trend.
So we have a question for you, what is your opinion on where the SUI price is headed?
- according to the blue scenario, to $1.5 and from there the correction will begin in the region of $0.6
- better in the orange scenario to $2.0-2.10 and from there a correction to $0.9
Or your option, vote and write your thoughts in the comments below the idea.
SUI target $1012h time frame
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SUI is a potential Layer 1 blockchain and smart contract platform. Price goes well and builds a health trend for bullish side. Although SUI has been dipping for around 1 month, it just gained support from 61.8% Fibonacci retracement, that could be seen as a standard and normal correction before next pump starts. Considering the current market cap. is 1.5B and total supply is 10B, I predict SUI's MC can reach or even go over 100B, that will bring the price go above $10, and should sell most positions once hit $12.
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Bull target: $10~$12
SUI target 2.744h time frame
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SUI made a cup and handle, then pulled back after hitting 2.17. Also, the target of CH pattern hasn't been reached yet. If use fib on that cup structure, we can see SUI got support at 0.618 fib and went up to 1.272 fib, then still retest 0.886 fib, this is a standard momentum accumulation path for next pump once SUI be supported from price 1.82~1.97.
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TP: 2.74
Honestly, I don't feel like explaining, the chart says it all !!Hi.
COINEX:SUIUSDT
Honestly, I don't feel like explaining because the chart says it all.
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
#SUI/USI#SUI
The price is moving in a head and shoulders pattern on the 12-hour frame, and the right shoulder has been completed
We have a strong upward trend in the RSI indicator, and the price sticks to the price
It is expected to rise at 3 levels.
Entry price: 1.71
The first goal is 1.79
The second goal is 1.90
Third goal 2.04.
The stop is below the right shoulder
#SUI/USDT#SUI
The price is moving in a descending channel on the 12-hour frame
We are now at the lower limit of the channel
The price bouncing more than once at the lower border of the channel is evidence of the strength of the channel border and the expectation of an increase
We have a higher stability moving average of 100
As well as the price touch trend on the RSI
Entry price is 1.52
The first goal is 1.72
The second goal is 1.84
Third goal 1.97
#SUI/USDT#SUI
It is moving in a bearish channel on the 4-hour frame, and the price committed to the green support area at the 1.60 level.
Now we have a strong breach of the descending channel upward
We have a higher stability moving average of 100
We have bullish momentum on the RSI
Entry price is 1.760
The first goal is 1.81
The second goal is 1.89
The third goal is 1.967
SUIUSD: Bullish breakout expected.Sui is neutral on its 1D technical outlook (RSI = 55.334, MACD = 0.025, ADX = 19.421) as it remains inside a Cup pattern. The Fibonacci Channel that has been dictating the price action since October 2023, shows that this is the start of the Bullish Wave to the next HH. A similar Cup was what priced the bottom in October and when the price crossed above it, extended to the 2.0 Fibonacci extension. That is our target (TP = 2.800).
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Long SUISUI has a nice Cup and Handle pattern forming here with little volume resistance on the upside and strong volume support on the underside. Provided BTC continues it’s lead upward, alts should continue to move. Entry is 1.60 with an SL of 1.37. Target before re-evaluation will be that C&H neckline at around 1.97.
SUI/USDT SHORT Signal – Catch The Trend Reversal!We're spotlighting a SHORT opportunity for SUI/USDT.
Trading Signal
Entries: 1.854 USDT & 1.955 USDT (Market Orders)
Stop Loss: 2.072 USDT to safeguard your trade
Profit Targets
Target 1: 1.762 USDT, adjust to breakeven
Target 2: 1.671 USDT
Target 3: 1.51 USDT
Helpful Tips
Save Money: Use limit orders instead of market orders for lower fees.
Stick To Your Plan: This is key for making progressive gains!
Control Your Risk: Your stop-loss order protects you against unforseen market reversals.
We aim to provide high-quality signals that guide you to success. Happy trading!
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SUI target 2.14h time frame
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SUI is getting support at 0.618 Fibonacci Projection which made of the wave from 0.36 to 1.7. Furthermore, SUI also retested the 0.382 Fibo Projection twice, that is measured by the new and smaller wave. These retest present great support for SUI at 1.36~1.5, and allow us to set up a comparable well trading plan.
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TP: 2.1~2.2
SL: 1.33
SUI is going parabolic, time to buy? Here is why yesSUI is bullish and currently going parabolic, as you can see on the chart. The price broke out of the ascending parallel channel, which was supposed to break down, not break up. This is a strong sign of strength and that the parabolic uptrend is starting. Time to buy? I think so. 300% profit in the next few weeks is not scifi. We also have a falling wedge pattern on the weekly chart, and by classic technical analysis, the profit target is at the top of the falling wedge, which is the previous ATH. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
What Makes Sui Unique?
Through features such as horizontal scaling, composability, sparse replay, and on-chain storage, Sui’s architecture solves pain points common to first generation blockchains.
Horizontal Scaling
On the Sui network, each group of transactions process in parallel, as opposed to the bottlenecking that occurs in some earlier blockchains due to any lack of distinction between the various objects, resources, accounts, and other components.
Composability
In Sui, unlike most other blockchains, one can directly pass an asset (such as an NFT), directly into a function argument. Sui’s object-centric approach also allows for more esoteric data structures, and the ability to store assets inside such data structures, or in an asset itself.
Sparse Replay
Naturally, a blockchain provides a ledger of every single transaction. For a Sui-specific example, game builders don’t need to track transactions interacting with unrelated dApps. Because querying on-chain data can be expensive, products on Sui will be able to follow the evolution of the objects in this game, without digging out the data from the Merkle tree.
On-Chain Storage
Because assets are directly stored as objects on the Sui blockchain, they are never subject to Merkle tree indexing. Storing assets directly on-chain is used in tandem with conventional means, such as IPFS, to scale the problem of on-chain storage, as it is much cheaper to directly update assets on-chain. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Title: SUI/USDT: Bearish Signals Emerge - Ending Diagonal PatterTitle: SUI/USDT: Bearish Signals Emerge - Ending Diagonal Pattern and MACD Divergence
Overview:
SUI/USDT is currently displaying clear bearish signals, suggesting a potential reversal in the near term. Two key factors contribute to this bearish outlook - the formation of an ending diagonal pattern and the emergence of a bearish divergence on the MACD indicator.
Technical Analysis:
Ending Diagonal Pattern:
SUI/USDT is exhibiting the characteristics of an ending diagonal pattern, a reversal pattern typically signaling the end of an uptrend.
The converging trendlines of the diagonal suggest diminishing buying interest, with a higher likelihood of a bearish reversal.
MACD Bearish Divergence:
The MACD indicator is showing a bearish divergence, where the price is making higher highs, but the MACD is making lower highs.
This divergence implies a weakening bullish momentum, often preceding a potential trend reversal.
Trade Setup:
Cautious Approach: Given the bearish signals, a cautious stance is recommended for traders.
Short Entry: Consider shorting SUI/USDT on a confirmed breakdown from the ending diagonal pattern or a breach of a key support level.
Stop-Loss: Place a stop-loss above the recent swing high or a level that aligns with your risk tolerance.
Take Profit: Identify potential support zones or Fibonacci retracement levels as profit-taking targets.
Risk Management:
Always employ proper risk management strategies, ensuring that potential losses are controlled and do not exceed predetermined levels.
Stay informed about upcoming events or announcements that may impact SUI/USDT.
Cautionary Notes:
Keep a close eye on the price action and be prepared to adapt your strategy based on real-time market developments.
Be aware of potential false signals and monitor confirmatory factors alongside the technical analysis.
Conclusion:
The combination of the ending diagonal pattern and the MACD bearish divergence on SUI/USDT suggests a potential shift in market sentiment. Exercise caution and wait for confirmation before considering any trading positions. Always conduct thorough analysis and maintain a disciplined approach to risk management.
Reward one (SUI)📊Analysis by AhmadArz:
in direct to up-trend
R/R=1
🔍Entry: 1.259
🛑Stop Loss: 1.193
🎯Take Profit: 1.324
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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SUIUSDT Evaluating Bullish Prospects from Demand Zone? 👀🚀SUI💎 Paradisers, let's delve into #SUIUSDT, which is currently exhibiting a fascinating pattern. Situated in a demand zone, SUI shows a strong likelihood of embarking on a bullish journey.
💎 Our recent observations reveal that #SUI has successfully executed a Market Structure Shift (MSS) and surpassed a formidable supply level at $0.7828. This level has now transformed into a demand zone. If NYSE:SUI can maintain its momentum above this zone, it stands a high chance of reaching and potentially surpassing a major supply zone above.
💎 However, it's crucial for astute traders like us to always have a Plan B. If #SUI is unable to sustain its momentum above the demand zone, we should be prepared for a different scenario. This would involve expecting a bullish recovery from a lower support level at $0.7244. Be mindful, though, that breaking below this support could trigger a significant bearish movement. 🌴💰