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SUI / TetherUS

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SUIUSDT trade ideas

Alikze => SUI | Reverse head and shoulders patternAccording to the previous analysis, after reaching the final target and after the last attempt to break the resistance, a head and shoulders pattern was formed, whose dynamic trigger and neck line were also broken, which can continue the correction to the first support area after the pullback is completed. Reverse head and shoulders pattern 🛑Resistance: 1.7580 ⛳️Tp 1:1.5625 1.5137 ⛳️ Tp2 : 1.4648 ----------------- Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️
Short
by alikze
LONG #SUIUSDT ⬆️ $2LONG #SUIUSDT 1D TF. The asset is in a stable upward structure, which is clearly noticeable by the increasing highs and lows. Having reached the historical maximum of $ 2, the instrument turned around, having previously left liquidity for subsequent withdrawal. The entire large volume is distributed at the beginning of the trend, which indicates the dominance of buyers. I am waiting for the continuation of the ascending structure with the demolition of the extremum on the round number of $ 2 per coin.
Long
by CScalp_EN
SUI/USDT Bearish is confirmed. Keep an eye wait on the key area!💎 SUI has recently demonstrated notable market dynamics, breaking down from the rising wedge pattern, a bearish signal. 💎 This indicates a potential shift towards downward movement, with a retracement back to the demand area, previously a supply zone around $1.38. 💎 If SUI manages to bounce upon reaching the demand area, accompanied by bullish candle rejections, the price can resume its upward trajectory, probability aiming to break through the strong resistance area or reach its all-time high (ATH). 💎 However, if SUI fails to bounce or breaks down below the demand area, it suggests continued downward momentum, potentially leading the price towards the Bullish Order Block (OB) area or even lower levels. Traders should closely monitor price action around these critical levels to assess future market direction.
by MyCryptoParadise_Nathan
6
SUI SUPPORT BROKEN BEARISH BEARISH BEARISH !?!Rising wedge has failed it's support. Correction to the downside seems like the most probably outcome. I EXPECT LOWER PRICES IN THE SHORT-TERM! LONG-TERM STILL BULLISH! Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
Short
by Navitility
Sui Very BullishWe were Squeezing back in November, We started having an outbreak in positive volume. Once we crossed over the 50 period moving average we started a new trend. We had a golden cross and didn't have a pullback until Jan 15th where we started a correction and had a healthy touch on the .618 before continuing crushing the previous swing high finding it's way with some resistance around the 1.61 fib at 2.12 After 2.12 according to the fib extension we can look at price targets 3.20, 4.28, and 4.95 in the not so distant future.
Long
by Tracking_Technicals
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!
Long
by Xanrox
8
New Potential trend confrimation for SUILooking at the RSI it's a tad bit hard to see but for the first time in a long time we see confluence after bullish volume from the successful crossover & defense of 200SMA. Larger timeframes have the SMA in similar locations With BTC doing it's thing it's not hard to imagine this guy popping off. Going for a spot for now, blue sky breakout mode, will take a martingale long approach if the price happens to dip. if longs happen to fill my stop should be around 1.5, until then, I'm just keeping my eyes on volume on SUI and more follow through breakout volume after the bigger caps settle down from a bullish day in the west. Have a good/night day traders. Friends, I appreciate your boosting and comments, I still haven't really befriended anyone on here so maybe give me a follow id greatly appreciate it. Check out my other TA and comment what you think!
Long
by Zephyr7777