Giant Cup w/ HandleSUI developing a cup w/ handle which appears to be coming to an end, and showing relative strength on this pullback as well.
VCs favorite, probably push this to ATHs shortly
SUIUSDT trade ideas
SUI MAKES NEW ALL TIME HIGHThis is as simple as it gets. SUI just cracked the all time high, set in the middle of February. Indicators look good, the 50 MA is support and curling up. The 200 MA is also heading up, both signals of a bull market. A close above $1.974 would be extremely bullish - a blue sky breakout into price discovery. Bulls want to avoid a daily candle closing with a wick above this level and a close below.
As you can see, we have a rounding pattern since the first all time high was sent - a cup. If we now form a bull flag at resistance, we would have a cup and handle - just an idea if we see price rejected here at the highs.
I am keeping a close eye on this.
SUIUSDT long POI OB touched, m-bos/bos etc. stop behind correction low. There is two OBs to open pose, so Ill try lower one. Take in closest OB that can stop moving
Best entry price for suiThe charts looks like it can push up to 3.5$ soon
my entry poin for buyin in spot is around 1.63$ and looking forward to add more in 1.5$
#SUI/USDT#SUI
The price is moving in a descending channel on the 12-hour frame
We are now at the lower limit of the channel
The price bouncing more than once at the lower border of the channel is evidence of the strength of the channel border and the expectation of an increase
We have a higher stability moving average of 100
As well as the price touch trend on the RSI
Entry price is 1.52
The first goal is 1.72
The second goal is 1.84
Third goal 1.97
#SUI/USDT#SUI
It is moving in a bearish channel on the 4-hour frame, and the price committed to the green support area at the 1.60 level.
Now we have a strong breach of the descending channel upward
We have a higher stability moving average of 100
We have bullish momentum on the RSI
Entry price is 1.760
The first goal is 1.81
The second goal is 1.89
The third goal is 1.967
SUI 23/03/2024 Sui reached the middle point of the channel. It has liquidity above. If we pass the middle level we can aim for the highest level of the channel. The channel works really well
Fractal Patterns: SUI Coin This post represents a theoretical analysis aiming to demonstrate how a fractal operates within the structure, using the example of the SUI coin.
The SUI coin exhibits a remarkable market dynamic. Prices regularly revert to their peak values. This phenomenon is not only explained by technical analysis of charts but also has fundamental foundations. The project itself resembles other blockchains (such as aptos, sol, among others) that also show growth. In the case of a bull market, SUI is one of the leading projects in terms of market capitalization and trading volumes, despite its continuous development.
I have overlaid a visual fractal of the SEI coin on the chart. Similar movements and price trends confirm the strength of fractal patterns in this market.
SUIUSDT.PHello Trader BINANCE:SUIUSDT.P
possible area cup and handle, done confrmation area resistance breakdown.
take profit 76%
stop loss 15%
Please add a comment and Positive feedback and constructive criticism are important to authors and the community.
Disclamer: Not Financial Advice
SUI FOR A +10%The market is very unstable , yet i may take a risky LONG with SUI:USDT
Hope i will be lucky in this one , as i said very risky position
SUI/USDT | 1W 👀I think the upward movement will continue regardless of Bitcoin corrections, as volumes from buyers start coming into the coin.
The Sui Network is a very promising and rapidly growing project with a large and constantly increasing number of part-time developers who work on outsourcing.
- Not financial advice, trade with caution.
✅ 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.
#Crypto #Sui #Investment #SUI
SUI Long 1.7536 to the moonSUI is getting ready to fly to the moon!
Long 1.7536
Entry into the trade on the model of break of the drop
SUI is very strong dimond hand When the nightmare of BTC but sui is very strong diamond hand and standing near ATH
SUIUSDT.P LONGSUIUSDT.P LONG
SUIUSDT.P is ready to go on its next leg up with quick profit targets below
TP1 - 2.4841
TP2 - 3.3080
TP3 - 4.1319 (MY TARGET)
SL 2-5% from entry of 1.62831
#DYOR #TYOR
Use low leverage only with 1-5% of your portfolio!
Happy Trading!
SUIUSDTSui long Idea. The Price is already approaching the ATH area, with positive sentiment around this Project a break is on the Cards.
SUI LONG H4Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the bottom up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object-centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing, user-friendly experiences.
Long SUISUI has a nice Cup and Handle pattern forming here with little volume resistance on the upside and strong volume support on the underside. Provided BTC continues it’s lead upward, alts should continue to move. Entry is 1.60 with an SL of 1.37. Target before re-evaluation will be that C&H neckline at around 1.97.
Sui Price Surge Alert! 📈 - Your Path to Wealth Starts HereSui Coin: Short Fundamentals, Recent News, and Disclaimer
Fundamentals:
Sui Network (SUI): A Layer 1 blockchain under development, aiming for high transaction throughput and scalability.
Founders: Mysten Labs, founded by former Meta (ex-Facebook) engineers.
Focus: Decentralized applications (dApps) and Web3 development.
Stage: Sui is currently in a testnet phase. No official launch date announced yet.
Tokenomics: Details about the token's utility and distribution are still under development.
Recent News:
Feb 22, 2024: Mysten Labs announces a $300 million funding round for Sui Network.
Feb 14, 2024: Sui releases update on their testnet incentive program.
Jan 30, 2024: Sui unveils roadmap for upcoming testnet stages.
Disclaimer:
Early stage: Since Sui is in a testnet phase, it's a highly speculative investment.
Limited functionality: The coin's utility and value proposition are not yet fully established.
Not tradable yet: SUI tokens are not currently available for trading on cryptocurrency exchanges.
Additional Notes:
The recent funding round indicates strong investor interest in Sui's potential.
The development team has a strong technical background.
However, the cryptocurrency market is inherently volatile, and there's no guarantee of success for any new project.
Recommendations:
Stay informed about Sui's development progress by following their official channels.
Consider waiting for the mainnet launch and more details about tokenomics before investing.
If you do choose to invest, allocate a small portion of your portfolio due to the high-risk nature.
Disclaimer:
This information is for educational purposes only and should not be considered financial advice.
Cryptocurrency investments are highly volatile and carry significant risks.
Do your own research before making any investment decisions.
#SUIUSDT T:F - 1 D IMPORTANT PRICE UPDATE #SUIUSDT T:F - 1 D
We can see a DESCENDING TRIANGLE formation on #SUIUSDT, which generally indicates break to the DOWNSIDE.
DYOR(Do Your Own Research)
#SUIUSDT #crypto #Patterns #thesoumyoroy
Hit 🚀 if you guys like my No Complex Analysis
Anticipating Explosive Growth for SUIUSDT🔅SUIUSDT has showcased significant respect for the $0.51 demand zone, highlighting a crucial support level within the price action. Concurrently, a notable surge in volatility suggests an imminent explosive move in the near future. Analyzing the current price dynamics, particularly the bounce observed from the demand area coupled with the formation of higher highs (HHs) and higher lows (HLs) pattern, strengthens our expectation for a substantial growth surge.
🔅Our upside target aligns with the 78.6% Fibonacci retracement level, correlating with a previously established supply area. Achieving this target could result in a robust 50% gain. We've already shared our comprehensive trade setup in our channel, positioning ourselves to capitalize on this potential opportunity.
Crypto Heat Check: Anticipating a Cooling Off in the MarketThe crypto market's temperature seems to be rising, indicating a potential need for a healthy relief bounce. While the altseason may not have concluded, it's prudent to brace ourselves for a corrective move downward.
Taking a closer look at the SUIUSDT example, we can witness the market's respect for the supply area. Particularly noteworthy is today's occurrence—a clean bounce off the 61.8% Fibonacci resistance level, signaling a palpable downward pressure. This could potentially translate into a 15-20% price drop.
Don't get overexcited and be ready for any scenarios!
