SEIUUSDT.P Conservative Trend Trade 5RConservative Trend Trade 5R
+ long impulse
+ SOS level
+ 1/2 correction
+ volumed 2Sp+
+ weak test
+ first bullish bar closed entry
Calculated affordable stop loss
1 to 2 R/R take profit
with possible extension to 1H chart
Hourly chart context
- short impulse
+ volumed T1
+ biggest untested volume 2Sp-
+ uncompleted test into 1/2
+ support level
+ Day support level
SEIUST trade ideas
Riding the Bull Flag to New Highs
BINANCE:SEIUSDT.P has been exhibiting a promising pattern on the charts, with a consolidation phase lasting over two weeks. This period of stability and accumulation suggests potential bullish momentum, further supported by the formation of a bull flag and an ascending triangle. Currently, Sei finds itself at a crucial support level, presenting an opportune entry point for traders looking to ride the upward trend.
Consolidation Over Two Weeks:
One of the key indicators signaling a potential bullish move for Sei is the recent consolidation over a span of two weeks. This period of stability indicates a temporary equilibrium between buyers and sellers, with the stock gearing up for a potential breakout. Traders often consider such consolidation phases as precursors to significant price movements.
Bull Flag Formation:
The emergence of a bull flag is a bullish technical pattern that could pave the way for a continuation of the existing uptrend. The flagpole, representing the initial strong price movement, is followed by a rectangular consolidation (the flag), suggesting that buyers are regaining strength for another upward push. Identifying this pattern can be a valuable signal for traders anticipating a breakout to the upside.
Ascending Triangle Confirmation:
Adding to the positive outlook for BINANCE:SEIUSDT.P is the formation of an ascending triangle. This pattern is characterized by higher lows and a horizontal resistance level, creating a triangle shape on the chart. The ascending triangle is generally considered a bullish continuation pattern, and a decisive break above the resistance could trigger a strong bullish move.
Current Support Level:
BINANCE:SEIUSDT.P is currently positioned at a critical support level, adding significance to the current market situation. This support level acts as a safety net, preventing the stock from falling further and potentially acting as a launchpad for an upward move. Traders and investors keen on entering a position in Sei may find this level to be an attractive entry point.
Conclusion:
In summary, Sei's recent performance suggests a favorable setup for traders eyeing a bullish opportunity. The consolidation over two weeks, coupled with the formation of a bull flag and ascending triangle, indicates potential upward momentum. With the stock currently resting on a crucial support level, the timing appears opportune for traders to consider a strategic entry point. As always, it's essential to conduct further analysis, manage risk, and stay informed about any relevant market developments.
SEI ANALYSIS๐ฎ #SEI Analysis ๐ฐ๐ฐ
๐๐ #SEI is trading in a Symmetrical Triangle Pattern and gave a breakout. The price is currently retesting the levels. We can see a good bullish move here. ๐๐
๐ Current Price: $0.7798
โณ๏ธ Target Price:ย ย ย $1.0071
โ๏ธ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #SEI. ๐๐ธ
๐ทRemember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#SEIย #Cryptocurrency #DYOR
SEI - Use CautionJust wanted to warn my SEI fans that we are currently in a strong supply zone. Everytime price has entered this range between $0.80-$0.88 it has been hammered back down.
We also created an 8H doji that could signal a reversal. All fib levels of the current trend have been listed. If we get a full retracement then the 0.618 would be our perfect target around $0.40.
If we break above this liquidity zone with a strong close our next target to the upside would be $1.10. But for right now I urge you to use caution as this has been an important sell zone.
๐ Sei/USDT: Another Attempt for Breakout! ๐
It seems that the price of SEI/USDT is currently indicating a potential breakout on the charts. If this breakout succeeds, we could anticipate a bullish move of 25-50% in the coming days. ๐๐ฅ
Please note that the above statement should not be considered as financial advice. It is always essential to conduct your own research and consult with a professional before making any investment decisions. ๐๐ผ
Let's keep an eye on the SEI/USDT pair and see if it breaks out towards new heights! ๐งโจ
Buy SEI on breakout SEIUSDT faces a pivotal juncture with a key resistance level standing at 0.7661. This level has proven to be a formidable barrier in the past, acting as a significant hurdle for the asset's price movement. A successful breach above 0.7661 is anticipated to catalyze a surge in bullish momentum.
#SEI/USDT
#SEI
The price is moving in a bearish flag and that flag has been broken upward
It is expected that the support line and support area will be retested again before the expected rise
Current price 0.6957
Entry area 0.5300
The first goal is 0.6348
The second target is 0.7515
The third goal is 0.8719
The bar will be canceled if the support level 0.5300 is broken down strongly
SEI โ Bull Breakout and Beyond? Another Bull Run imminent!?SEI rose over 300% from December 18th to January 3rd, breaking out of the newly established bull channel. Now SEI has found support on top of the bull channel and is showing signs of going higher, is it time to long?
How do we trade this? ๐ค
We have three points of contact with the bull channel resistance line now acting as support. While SEI is *very* bullish, we need to be careful as the crypto market threatens to go into a pullback which could hinder the SEI price. We should wait for a pullback toward the Bull Channel top and look for a buy signal and confirmation to enter a long. Then it's reasonable to enter a 1:2 Risk/Reward Ratio long.
Until then, let's wait on the sidelines for more price action and confirmation so the probability of profit is higher.
๐ก Trade Idea ๐ก
Long Entry: $0.775
๐ฅ Stop Loss: $0.5825
โ
Take Profit #1: $1.16
โ๏ธ Risk/Reward Ratio: 1:2
๐ Key Takeaways ๐
1. Strong bull run with two strong legs up
2. Three points of contact with bull channel top
3. Price remains above Daily 30EMA
4. RSI is high and below the moving average, supporting a pullback.
5. Bitcoin Showing Strong Reversal Signals, Impacts Market Sentiment.
๐ฐ Trading Tip ๐ฐ
Reversal trading is inherently low probability because you're betting against the trend. The tradeoff is your reward will be much higher if you swing trade it. This kind of trade is the inverse of trend trading, where the probability is higher but the reward is lower.
โ ๏ธ Risk Warning! โ ๏ธ
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like ๐ and Follow to learn more about:
1. Reading Price Action
2. Chart Analysis
3. Trade Management
4. Trading Psychology
New addition Sei NetworkToday I added Sei to my portfolio on this contraction mostly based on the chart. Cosmos is my favorite ecosystem by far and I thought it would be good to have more bets on the eco. I sold all of my Matic on Polygon into Sei, I also exited a few gaming tokens on that chain since I want to rid myself of Polygon. Polygon is still slow, and much like ATOM, MATIC is failing to pump during bullish altcoin trends. I will do more fundamental research on Sei soon but TA tends to match fundamentals the more you do it.
TA wise this contraction is what I look for for breakouts much like I did with AVAX and Super a few months ago.
SEI ANALYSIS (4H)Considering the breaking of the trend line and the long shadow formed on the chart, SEI seems to be forming a range.
From the supply range, we are expected to move towards the swap range.
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
Strategic Long Trade: Unlocking Potential Profits in #SEI #SEI long trade setup:
Entry Point:
Buy at CMP: Consider entering the trade at the Current Market Price (CMP), taking advantage of the current market conditions.
Additional Entry: Add more positions up to $0.661. This level is identified as a potential strategic buying opportunity.
Target Prices:
Set specific target prices at $0.78, $0.85, $0.92, $1.01, and $1.2. These levels represent potential profit-taking points as the price moves upward.
Stop Loss (SL):
Set a stop-loss at $0.66. This level is considered mandatory to effectively manage potential losses. A stop-loss is a risk management tool that automatically sells the asset if the price reaches a specified level, limiting potential downside.
Leverage:
The recommendation suggests utilizing leverage based on individual risk appetite. It emphasizes the importance of exercising caution and choosing leverage wisely. Leverage amplifies both potential profits and potential losses, so it should be used with care.
Cautionary Note:
Emphasizes the importance of doing your own research (DYOR) before making any trading decisions. This reinforces the idea that the provided information is not financial advice.
In summary, the recommendation outlines a long trade setup for #SEI, providing specific entry points, target prices, and a stop-loss level for risk management. It also advises caution with leverage and underscores the significance of conducting personal research. As always, the information is not financial advice.