SEI/USDT Daily Chart AnalysisThe SEI/USDT chart shows a descending triangle breakout with a retest. After the breakout, the price bounced, indicating bullish momentum. There is a key resistance zone ahead, while support lies below. This breakout signals potential upward movement, targeting the resistance, though caution is needed if the price drops back toward the support area.
SEIUST trade ideas
SEI/USDT Daily Chart AnalysisThe SEI/USDT chart shows a descending triangle breakout with a retest. After the breakout, the price bounced, indicating bullish momentum. There is a key resistance zone ahead, while support lies below. This breakout signals potential upward movement, targeting the resistance, though caution is needed if the price drops back toward the support area.
#SEI/USDT#SEI
The price is moving in a descending channel on the 1-hour frame and is about to break upwards
We have a trend to stabilize above the moving average 100
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards
We have a major support area in green at a price of 0.2600 from which the price rebounded
Entry price 0.2630
First target 0.2800
Second target 0.2943
Third target 0.3128
SEI/USDT Weekly Analysis: Long-Term Reversal OpportunityIn this weekly analysis of SEI/USDT, we observe a potential long-term reversal setup as the price tests a critical support zone. This level coincides with key Fibonacci retracement levels, suggesting that a bullish reversal could be on the horizon. The chart presents an attractive risk-to-reward ratio for traders looking to capitalize on a potential move back towards previous highs.
Key Observations:
Fibonacci Retracement: The price has retraced to the 61.8% Fibonacci level, a key zone often associated with strong support and potential reversals. This level is around $0.2454, which has shown to be a significant area of interest.
Descending Wedge: The price action has formed a descending wedge pattern, which is generally considered a bullish reversal pattern. A breakout from this wedge could indicate the start of a new uptrend.
Support and Resistance Levels: The immediate support is at the current price level around $0.2454, with major resistance levels identified at $0.9778 and $3.3109. A break above these resistance levels could open the door to much higher targets.
Potential Targets: If the price successfully breaks out of the wedge and confirms a reversal, the first major target is around $0.9778, a 288.94% move from the current level. A more aggressive target lies around $3.3109, with an ultimate long-term target of $6.3638, representing a potential 1,196.33% gain.
Volume: The volume has been gradually increasing as the price approaches the support level, suggesting growing interest and potential accumulation at these levels.
ADX & DI Indicators: The ADX is showing a weakening of the bearish trend, with the potential for a bullish crossover in the DI lines. This would further support the case for a reversal in the coming weeks.
Potential Trade Setup:
Entry: Consider entering a long position near the current support level around $0.2454.
Stop Loss: A tight stop loss can be placed just below the recent lows at $0.2160 to manage risk.
Take Profit: The first target is $0.9778, with a potential to ride the trend further up to $3.3109 and even $6.3638 for more aggressive traders.
Risk Management:
This trade setup offers an excellent risk-to-reward ratio, but it is important to manage risk carefully. A close below $0.2160 could invalidate the setup, indicating that the bearish trend may continue.
Conclusion:
SEI/USDT is showing signs of a potential bullish reversal from a key Fibonacci support level. The combination of a descending wedge pattern, increasing volume, and weakening bearish momentum makes this an intriguing setup for traders. With the possibility of significant upside, this is a trade idea that could offer substantial rewards if the technicals play out as expected.
$SEIBeen an Investor on SEI since inception. From my standpoint, Sei's focus on optimizing trading infrastructure addresses a significant need within the decentralized finance (DeFi) space. If Sei can capture a substantial share of trading applications and DEXs, it could position itself as a vital infrastructure player in the blockchain ecosystem. However, as with all investments, it's essential to consider factors like market adoption, competition, technological advancements, and regulatory developments.
The "Parallel chain" hype lasted 3-4months.
Seiyans community was earning God-Tier from speculating parallel chain is the best vs modular and solana.
As from this chart and upcoming unlocks (see pasted img) that unlocks everyday a 5M of SEI,
idk what would be the move to continue supporting its price higher unless adoption comes over.
A slow bleed to pre-breakout prices is imminent imo.
Team behind is promising & real professionals. Would still buy on bleeds but it will not be a large portion of my portfolio "for now".
(Sei is a layer-1 blockchain optimized for trading, providing a high-performance infrastructure designed for decentralized finance (DeFi) applications. It focuses on speed, scalability, and reliability, featuring a unique consensus mechanism and a sophisticated order-matching engine. This allows for efficient transaction processing, making it ideal for trading platforms and other financial applications.)
SEI - Best BUY BACK Zones ApproachingSEI is an altcoin that I have high hopes for.
Unfortunately, SEI hasn't yet bottomed out and is still trading in a bearish trend, making lower highs and lower lows whilst the RSI is under 50 (THREE Bearish Signs, Short to Near term).
However, we have reason to believe that the end of the bearish cycle may be very close - and now it is time for re-accumulation. This is my favorite part of any cycle, since this is where you prepare for the next bullish impulse wave up and make sure that you don't miss the rally and/or get left behind.
I'm watching three zones for potential re-accumulation. Watch to see where the best places are to buy SEI.
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BINANCE:SEIUSDT
#SEI/USDT#SEI
The price is moving in a descending channel on the 1-hour frame and is about to break upwards
We have a trend to stabilize above the moving average 100
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards
We have a major support area in green at a price of 0.200
Entry price 0.2170
First target 0.2440
Second target 0.2640
Third target 0.2853
SEI/USDT Targets $0.38: Ascending Channel Provides Bullish OutloThe 4-hour chart for SEI/USDT on Binance shows a strong upward movement within a well-defined ascending channel.
The price recently broke above the resistance at $0.28, which has now turned into a support level.
The price action suggests a bullish continuation within the channel, with potential pullbacks toward $0.28 or $0.30 providing opportunities for long positions.
If the upward momentum continues, the next major resistance level is at $0.38.
SEI ready to explodeBINANCE:SEIUSDT
Based on IAP model now we are in accumulation phase.
Possible Targets and explanation idea
➡️Marked the best buy block. Accumulate this coin you can even from 0.618
➡️All idea will be invalidate if we drop lower than listing price
➡️Marked conservative take profit zone and -0.618
➡️Based on Take profit indicator buy line now around 0.86lvl all lines are dynamic
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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#SEI 1D chart;TSXV:SEI 1D chart;
From April 9th to the present day, it continues to decline below the falling trend line.
The support zone (orange line) just below the current level seems to have worked in the last decline.
If it is crossed, there is a support line below it (yellow) and then the Discount area.
We can say that the direction of the movement will be completely shaped by Bitcoin's stance in the market, as no structure is visible for now until the contraction.
SEI is bearish for at least another 144 days !It looks like a finished zigzag or FLAT pattern (an ABC). Wave C was an accelerated 5-wave.
The big A wave is over and it looks like we are now entering a big B wave.
Wave A has been 226 days.
Wave B is also expected to be at least 226 days, although it may be longer.
The large wave B, which is a correction, is expected to last at least until the vertical line on the chart (November 10).
Closing the daily candle below the invalidation level will violate this analysis
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 Technical Analysis in 2-Day TimeframeHello everyone, I'm Cryptorphic.
For the past seven years, I've been sharing insightful charts and analysis.
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Now, let's dive into this chart analysis:
The SEI token is in a bearish trend and is currently close to the support range. A couple of weeks ago, SEI attempted to break the resistance trendline but was rejected.
With the current price action, it is likely to see SEI hitting the support range between $0.227 and $0.280.
A rebound is likely expected from the support range, potentially rallying to $1, the all-time high.
Key levels:
- Support/Accumulation: $0.227 to $0.280.
- Primary Resistance: $0.32.
- Target: $1.
- Invalidation: A close below the support level.
DYOR. NFA.
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SEI - Possible double-bottom?I believe SEI is bottoming out here and we should see a mid-term trend reversal coming weeks. Looking at the chart we have a pretty obvious double-bottom pattern in the making but it's not confirmed yet. If we see something like this I am going to risk a long. Target as shown in the chart.
Stay safe!
SEIUSDT.1DLet's delve into a professional technical analysis of the SEI/USDT (Sei Network against US Dollar Tether) chart based on the image you've provided:
Current Price Action:
SEI is trading at $0.3715, showing a pattern of declining peaks, which suggests a bearish trendline since the highs earlier this year. The current setup provides a critical juncture where the price is testing key resistance and support levels.
Key Levels on the Chart:
Support Levels:
S1 at $0.3343: This level is currently acting as a short-term support, which if broken could lead to a test of lower support.
S2 at $0.2092: Represents a more significant, longer-term support level that aligns with previous lows.
Resistance Levels:
R1 at $0.5140: This is the immediate resistance level, which has previously acted as both support and resistance, indicating its importance.
Technical Indicators:
MACD (Moving Average Convergence Divergence): The MACD line is below the signal line but close, suggesting weak bearish momentum. The histogram is near zero, indicating a lack of strong momentum in either direction.
RSI (Relative Strength Index): The RSI is at 53.4, indicating a neutral market condition. This shows there's neither excessive buying nor selling pressure currently dominating.
Technical Analysis and Trading Strategy:
The SEI/USDT pair is at a crucial point where it’s challenging the resistance near the descending trendline. A breakout above this line and R1 at $0.5140 could signal a reversal of the bearish trend and a potential bullish phase. Conversely, a rejection at this level could see the price retracting back towards support at $0.3343 and potentially lower if the bearish momentum increases.
Buying Strategy: Look to initiate long positions if there is a confirmed breakout above the descending trendline and R1, with a target of higher resistance levels. A stop-loss order should be placed just below the trendline to protect against potential pullbacks.
Selling Strategy: If SEI fails to breach the resistance and shows signs of weakness (such as bearish candlestick formations or a downturn in RSI/MACD), consider short positions or exiting long positions, targeting S1 at $0.3343.
Risk Management: Given the current market conditions, maintaining a conservative approach with tight stop-losses would be prudent to manage the inherent risks. Adjust position sizes accordingly to manage potential volatility.
Conclusion:
This analysis highlights the importance of the upcoming price movements and their implications for future market directions. Traders should remain vigilant and responsive to changes in market dynamics, particularly any shifts indicated by volume, MACD, or RSI, which could signal increased buying or selling pressures.
Trade Details for SEIPattern Formation: SEI is showing signs of a potential inverse head and shoulders pattern, which typically indicates a bullish reversal.
Support Level: The $0.32 region is expected to form the right shoulder, offering an entry point for a long position.
Profit Levels: Targets are set based on key resistance levels and potential price expansions.
Strategy:
Risk Management: By entering around the $0.32 support, the trade aims to limit downside risk with a stop loss placed just below the significant $0.25 level.
Profit Taking: Gradual profit-taking at $0.45, $0.60, and $0.75 to capitalize on upward movement while securing gains at key intervals.
This setup leverages technical analysis to optimize entry points and manage risk effectively, aligning with market conditions and potential bullish patterns.