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SUIUSDT trade ideas

SUI SUIUSDT Price Analysis (4h)🌟 Hello, dear traders and investors! 📊💹 Let's delve into our analysis of SUI price action! Two days ago, SUI made a remarkable breakout from a Triangle shape. This Triangle pattern was accentuated by two Harmonic bearish patterns, adding extra strength to the formation. 🐻📈 However, the price has yet to reach its target, leaving us eagerly anticipating the next move. 🔍 Currently, we are closely monitoring SUI for a potential downward movement towards the target zone, estimated at $0.55-0.50. 🎯 The convergence of the Triangle breakout and Harmonic bearish patterns could act as a powerful catalyst for the price to head towards the anticipated zone. As we navigate through this exciting phase, let's exercise patience and caution, applying sound risk management strategies to guide our trading decisions. Wishing you a successful and rewarding trading journey! 🚀📈✨
by Vestinda
SUI/USDT | 4h 👀 Who likes Sui ? 1. Bearish Divergence found on SUI on the 4-hour timeframe. 2. SUI probably will fall. This is close to a breakout down. ✅ Stay updated on market news and developments that may influence the price of Sui. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking. #Cryptocurrency #Crypto #Coins #Altcoins #Finance #Trading #SUI #Cryptomarket #SUIUSDT #Futuresr
Short
by Nyskohuz
SUIUSD will turn bullish soon!Red path is slightly more bearish first, but overall I can see $1.20 soon on SUI/USD. The down trend has been broken on daily chart and currently retesting the trendline. But sometimes it’s faking out long, going a little more down than just retesting the trendline to make long traders insecure and to then turn up again and do the real breakout long - call it a shakeout. I think in the down case, around $0.65 can be a good first long entry and second long entry just around $0.60. In the bullish case, it is already now a good long entry around $0.68-$0.69. I am always using tight stops, in case case I am already long from just under $0.68 with a stoploss at current lows. I am constantly checking price action to reassess my analysis. These are my current thoughts. I might lose a little due to stoplosses, but if the overall long works, it will make up for eventual losses. If it breaks and stays under $0.60, my analysis was wrong and I will move on :)
Long
by Coin96
2
SUi Buy trade. Here Is My Study On SUI. Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions about your investments. Follow me for the latest updates and join the conversation in the comments! Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and information dissemination. Use with caution. This Is Not A Finacial Advise
Long
by MoonTradingForecast
SUI SUIUSDT Price Analysis (1h)Hello, dear traders and investors! 📈🚀 Let's dive into the analysis of SUIUSDT on the 1-hour timeframe and explore a promising trading opportunity. 🕵️‍♂️✨ Upon careful examination, we can identify a compelling signal for a potential upward move, as both the price and the Relative Strength Index (RSI) are exhibiting a Bullish Divergence. This divergence pattern suggests a shift in momentum and a possible trend reversal to the upside. 💡 To further enhance your understanding of Bullish Divergence and its significance in trading, we invite you to check out our latest article on Divergence: 👉Moreover, in addition to the Bullish Divergence, we can also observe the formation of a triangle shape pattern on the chart. This pattern indicates a period of consolidation before a potential breakout. Combining these two signals, we have a compelling case for a possible bullish move in the near term. 🚀 Taking into account the bullish divergence and the triangle pattern, our analysis suggests that the potential target for the upward move would be in the range of $0.69 to $0.71. This area represents a significant resistance level that could potentially be reached if the bullish momentum continues. ⛔️ It's essential to consider risk management in every trade. To protect against potential downside risk and invalidation of the bullish scenario, we recommend setting a stop loss and invalidation zone around $0.64. This will help safeguard your capital and ensure you are prepared for any unexpected market movements. Remember to conduct thorough analysis and always make informed trading decisions based on your own risk tolerance and trading strategy. Happy trading! 📊💰
by Vestinda