Head Shoulders has done | DowntrendChart 1H TF
SUI has done Head Shoulders Pattern.
It's trading at 5243 and down lower
SUI has the support around 48xx
Wait for next move
SUIUSDT trade ideas
$sui token unlock tomorrowSUI have a big event tomorrow.
34.6 millions tokens will be unlock tomorrow (4.74%) circ. supply-.
Sui Bullrun PlansThe tokenomics of this coin are very suspicious. The way they scam people with their bullsharks game to create insane chain activity to attract more liquidity, using their own bots to not let retail make any gains is also suspicious and fraudulent. But...
Comparing them to other chains, they do try to copy cat the Solana nft frenzy in their own manner and develop something, at least for now.
By december 2023, we expect to have 10% of Sui released, leaving 90% more to dump on hamsters later.
What to expect: When crypto starts to be green for weeks, I expect the VC's to pump it minimum to 3$ in a span of 1-2 weeks. But before that, we may see a drawdown to 0.4~0.2$ per SUI.
Buy targets : From 0.6 DCA lower till 0.2
Sell targets : 2.8 and higher.
Sui formed bullish Gartley for upto 21% pumpHi friends, hope you are well and welcome to the new trade setup of Sui with US Dollar pair.
On a daily time frame, SUI has formed a bullish Gartley move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
SUI/USDT Correction Over or Not? SUI Analysis Today 💎Paradisers, let's focus on SUI/USDT! Currently, it's navigating within a defined range, and we're forecasting an upward surge in the near future.
💎If the anticipated breakout unfolds successfully, expect it to ignite a rapid upward rally. However, keep a close eye on the demand zone, as there's a bullish Order Block (OB) situated just beneath it. If the price dips below the demand zone, it's likely to target the liquidity found at that bullish OB.
💎It's crucial to note that we've identified two confirmed order blocks in shorter timeframes. Given the existing liquidity, the price is poised to hit these levels.
💎In a previous cycle, demand morphed into supply, triggering a notable price decline and aiming for the earlier OB.
💎In the ever-evolving world of crypto, staying up-to-date and flexible is your key to success. Keep your charts updated and stay tuned for more insights. Happy trading!
SUI/USDT with a Head n ShouldersSUI USDT with a Head n Shoulders pattern looks bearish
In the 4-hours chart of the Sui price, it seems that the price has formed a head and shoulders pattern by moving from its closing price. According to this pattern, it is expected that the price will fall to one side of the neckline, as high as the height of the "head" of the pattern. With the completion of this pattern, SUI is expected to drop right down to its key support around $0.46.
SUI Possible Playout Chart
There is a prediction of a potential price decline for SUI due to indications of a breakout from its support line, confirmed by being situated below its 200-day moving average. Additionally, the confirmation is supported by a substantial surge in trading volume, possibly signifying substantial sell-offs by traders. This projection suggests that the price movement could reach as low as $0.513, presenting a potential downside of approximately -7.56%.
sui sellsell at 0.5626 - 0.5770
TARGET : 0.5107 - 0. 44 - 0.42
r/r 8
sl 0.5915
strong supply at 0.5770
usdt.d uptrend
Sui Sell 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
"SUI: The God Mode" Or "Aptos to Olimpos II: SUI"Did you hear already this pretty popular opinion regarding SUI to be the next Aptos?
I bet you did.
Here's just a pretty bigger assumption as we're standing on the Buyer's Zone.
This zone serves us as the previous resistance line of the huge 110D descending wedge, that we have broke few days ago and now we're back to retest it.
Moving to the smaller TF (1H) you can see we're retesting it from the inside already and going a bit down. I see next: While some don't understand what to do next and sells their bags because the trendline is passed, I can view we're also at the small support zone, formed from the moment of Fall of the Grandfather on 17th Aug.
This leads us to the ACTUAL BUYER ZONE: 0.534 - 0.544
The Potential after this gonna be huge. We might see up to 500% up from here within a month.
Giving along the fact that ETH/BTC chart is on the breaking point too and it could lead the ALTS to explosion, SUI will be one of the Big ones.
$SUI to $1?BINANCE:SUIUSDT is following perfect 1-2-3-4-5 Elliott impulse wave. The final one will be the hardest pump.
Will likely occur with BTC pumping towards 27k liquidity pool.
Also did you notice the AMEX:APT fractal?
The minimum target is the $0.7 order block. Let’s reassess from there!
SUI pump pendingSui had been in a a down trend for quite some time. After breaking out of the downward trendline, it has been enclosed in this beautiful upward channel. The price is taking a slight correction which could give an amazing opportunity to build a position. The price might come down to the green box and then fly.
SUI 15TF PE BULISH HAI Sui scalping agr price dubara sweep krti hai kisi bhi candle ko tu hum again entry dekh skty hein LTF pe ja ke
SUI/USDT to the Moon: Buckle Up for an Incoming Breakout🚀 "SUI/USDT to the Moon: Buckle Up for an Incoming Breakout! 🌕📈 Excitement is building as NYSE:SUI gears up for a potential breakout. Keep an eye on the charts, as signs point towards a bullish move. Whether it's a short-term surge or a longer-term ascent, the journey promises to be exhilarating! 🚀📊💥 #SUI #ToTheMoon #BreakoutAlert #CryptoTrading" 🌕🚀
SUIUSDTThis is a 1D frame analysis for SUIUSDT As we can see, the price was able to bounce back after hitting the support line and start moving upwards. However, the price is currently below the resistance line and is volatile. If it can establish itself above the resistance line, it can start to move towards the next resistance line and, as we can see, the price has been able to show us an inverted head and shoulders pattern which can indicate an upward trend and we can expect to see a price increase.
SUIUSDT wants the breakout?At present, the price of SUIUSDT is positioned at a critical juncture, testing the waters of its dynamic daily resistance. This level is not fixed, but rather adapts to the prevailing market conditions, making it an insightful indicator of the pair's short-term trend. Traders and investors are keenly aware that this dynamic resistance often serves as a formidable barrier that the price must surmount to achieve any significant upward momentum.
In the midst of this tense scenario, all eyes are on the key breakout point of the $0.65 range. According to Plancton's well-regarded trading principles, a breach above this threshold could trigger a new long position. This potential breakout carries the promise of substantial gains, as it signifies a decisive move beyond a historically significant level. Traders who adhere to Plancton's methodology recognize the importance of confirmation, waiting for the price to convincingly hold above the $0.65 area before considering a long position.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
#Sui pump#Sui, In last analysis, price breaks the red trendline in small timeframe. But now price goes above the red trendline. That's why we provide buy long signal in VIP. Sui will Pump 💯
Sui Dump#Sui breaks the red trendline. Price will dump by following blue arrow. Sui will touch black lines soon.
SUI longSUI bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 0.614 is expected to happen.
Main trend is back | Short BiasChart 4H TF
After recovered, SUI is trading at 0.5899 now
SUI has the resistance zone around 0.633 so I expect price will be failed again when hit this level and it can down to 0.553 and maybe lower
So wait and see
SUI hints at a local growth wave - long trade #2Hello colleagues!
It's time for the second potential trade that we are planning to implement. This is a long on the cryptocurrency SUI.
Unfortunately, we did not manage to execute the first trade , as the price of BTC started to fall sharply without us.
On 17 August, the SUI cryptocurrency updated its local low. The update of the local low occurred on increased volumes. The latest wave of decline in SUI has "resurrected" buyers, who have organised a good rebound to the $0.56 range.
We would like to pay special attention to the local wave of decline from 20 to 22 August. This wave of decline was on good volumes. However, sellers were unable to push the price below the previous local low of 10 June.
This is a good signal that a large buyer is ready to keep the price of SUI up at least in the short term. Another good signal is the active rebound of the SUI price after the $0.51 test.
Taking these arguments into account, we want to enter a long trade for SUI:
Enter = 0.5204 - this is the range where the position was entered. If the price is to rise, it should not fall below this range.
Stop = 0.5039 (-3.2%) - in our opinion, it makes no sense to keep SUI below this level
TP = 0.612 (+ 17.6%) - The price of SUI may not rise above this liquid zone at first.
P/L ratio = 5.5
We also allocate $10,000 for this trade . In case of a mistake, our loss will be $320, and in case of trade execution, our profit will be $1760.
What do you think of this trade? How do you see the situation with SUI? Write in the comments below our forecast
SUI/USDT is Gearing Up For Rally Amidst Chaos| SUI/USDT 💎Ladies and Gentlemen of ParadiseClub, buckle up! SUI/USDT is weaving an enthralling tale, strategically positioned near a bullish Order Block and geared up for an upward climb.
💎In the face of current market volatility, SUI/USDT has stood its ground impressively. It's worth noting that the asset has flipped the script on a bearish Order Block, transforming a former supply zone into a fresh demand area—a bullish indicator that demands attention.
💎Adding a twist to the plot, SUI/USDT has revisited the same Order Block level not just once, but twice. Each time, it honored the supply zone, setting off a downward course. This adds an extra layer of nuance to its already complex price dynamics.
💎Looking forward, an untouched supply zone is on the horizon. Keep an eye out for SUI targeting this zone for mitigation in the near term.
💎As always, Paradisers, stay vigilant and keep those charts updated. The world of crypto never sleeps, and neither should your trading strategies. Happy trading!
