SUIUSDT trade ideas
SUIUSDT ANALYSIS PAIR : BYBIT:SUIUSDT.P
Leverage: 5X
Direction: LONG 🔼
SL: HODL
TP: 1.200
OR
Entry:0.700 at support
TP: 1.200
ANALYSIS:
Market Cypher B: 1D TF✅
Bull Bear Power: 2HR TF✅
Nearest Resistance: 1.200
Nearest Support: 0.700
⚠️#DYOR
SUI SHORT IDEAHello my friends.Sui has shown rising wedge and Wyckoff in supply zone of daily tikme frame in shown trigger in 1h timeframe.
entry:0.8818
tp1:0.8358
tp2:0.7910
sl:0.9037
LONG POSITION SUI/USDTwe can enter the LONG position at the specified entry points.
It is clear that risk management is followed
SUI scalp playSUI is up by almost 90% since the bottom. It's vastly outperforming all other L1s
It's currently retesting the first level of resistance
No need to rush, we can wait for a slight cooldown or pullback
There's a chance we can shoot up to 0.96 to $1 area if we can hold 0.76 to 0.74 support
SUI ANALYSIS (4H)The symbol SUI has formed a bullish iCH after its many drops.
We have a large liquidity pool on the chart, we expect this pool to sweep and then the price will reject downwards after hitting Supply.
We are looking for sell/short positions in the supply range.
The targets are marked on the chart.
Closing a daily candle above the invalidation level will violate the 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
SUIUSDT 1DSUI ~ 1D
#SUI Successfully got out of this downhill zone. and is now getting resistance in this zone.
it would be very bullish if COINBASE:SUIUSD Continues to push the price and manages to break out of this local resistance.
SUIUSDT(SUI) Updated till 09-08-24SUIUSDT(SUI) Daily timeframe range. a nice retrace from its local low. retraced right at 0.8621 breaking it clean will open its way till 1.1489. but that depends on volume if it stays same. staying above 0.5812 gives it more chances of push.
Buy Trade Idea for SUI Capitalizing on Innovative Blockchain Description
Sui (SUI) is making waves in the cryptocurrency space due to its groundbreaking approach to blockchain technology. The following key fundamentals make SUI a promising investment opportunity:
Scalable and Fast Transactions: Sui utilizes a highly efficient consensus mechanism, allowing for fast and scalable transactions, which positions it as a strong contender for high-demand blockchain applications.
Low Fees: The network's architecture is designed to minimize transaction costs, offering a cost-effective solution for both developers and users.
Strong Ecosystem: Sui is rapidly building an ecosystem of decentralized applications (dApps) and services, supported by a robust community of developers and strategic partnerships.
Innovative Technology: With its focus on overcoming traditional blockchain limitations, Sui is pioneering new methods to enhance security, speed, and scalability, making it a forward-thinking choice for investors.
These strong fundamentals suggest that SUI is well-positioned for future growth, making it an appealing option for those considering a buy trade.
Disclaimer
Trading and investing in cryptocurrencies involve significant risk and can result in substantial losses. The content provided here is for informational purposes only and should not be considered financial advice. Always conduct your own research, consider your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and the value of investments can fluctuate widely.
SUIUSDT.PSUIUSDT.P is in bullish trend.
POtentially printing HH and HL.
No sign of reversal from here.
we wait and watch for the breakout of last HH.
#SUI/USDT is testing the Diagonal Trendline in 4-Hour TF!#SUI/USDT is testing the Diagonal Trendline in 4-Hour TF!
NYSE:SUI needs to clear the diagonal trendline to make it bullish. #SUIUSDT's local resistance level is PWH $0.7842, and the local support level is PML $0.574.
#SUI 1D chart;NYSE:SUI 1D chart;
The first major obstacle for #SUI, which has started to recover after the recent decline with Grayscale's decision to invest, will be the falling trend line (red).
The bullish pattern is active as long as it does not fall below the stop level
The pattern will be completed after a rise of approximately 280%.
Im not saying Sui are going to the moon, but solana didIm Not saying Sui are going to the moon, but i have seen this struktur play out before. The structure Sui have right now is the same structure and the same fall in magnitude with a 79% fall before going on a major run, Solana had all the this back in 2020 before surging upp 1000%.
We also see BTC dominance at a historical top, and it maybe on the brink to a break down.
#SUI/USDT#SUI
The price is moving within a descending channel pattern on the 1-hour frame and is expected to break it upwards after it has adhered to it significantly
We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 0.4600
We have a trend to stabilize above the moving average 100
Entry price 0.4739
First target 0.5059
Second target 0.5496
Third target 0.5964
SUI Possible Bear flag with Confirm in lower timeframe
Just an idea Not recommending investment
if Bear flag Confirm
Maybe we'll meet downstairs again.
$SUI as long as todays low hold's
we good daily stoch bottoming
btc pairs in green is it time for btc and alts to fly together?
if btc dumps guess not but long for now...
SUI ANALYSIS (Bearish)Based on the timing of the waves, the SUI appears to be forming a large-scale pattern.
We had two bearish and bullish waves in which time similarity can be seen. The first wave was 167 days and the second wave was 189 days.
The first wave was a symmetrical one and the second wave seemed to be a double wave.
By maintaining the red range, it can form a third wave, which is a bearish wave. The time of this wave can be between 120-190 days.
The targets are clear on the chart.
Closing a daily candlestick above the invalidation level will violate the 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
$SUI in a technical downtrend. Bottom and Buy zone in the chart.NYSE:SUI is a new blockchain with a very good project, extensive ecosystem, and strong venture capitals. It suffers from monthly token unlocks and a lot of inflation. However, it has the potential to follow in the steps of Solana and could be a good long-term investment.
What does the chart say?
We had an M pattern formation that turned into a downtrend channel. Because the coin is new and experienced phenomenal growth, there is not much resistance until the bottom of the latest uptrend.
The identified bottom is between 0.35 and 0.52, which is our buy zone. Buying here guarantees some good profit when CRYPTOCAP:BTC recovers and pumps to its all-time high.
I would not buy NYSE:SUI outside of this zone, as it would be too risky. I do not think it will reverse until it enters that buy zone.
Always do your own research (DYOR). This is just chart analysis and commentary, not financial advice. Crypto is highly volatile, and any idea can be invalidated by external factors.
SUIUSDT SHORTChannel Down identified at Aug 1, 15:00 UTC. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.6296 within the next 23 hours.
