Finally Sunusdt breaks Crucial Resistance seems Like Sun Is ready for Massive Bullish impulse Falling Wedge Breakout Has already done Expecting 34 to 40% bullish wave
SUNUSDT trade ideas
#SUN/USDT - Long - Potential 5%Direction: Long
Market: Spot
Risk: 0.25% - 1%
#USDT_SUN
Exchange: BINANCE
Timeframe: 360
TP1: 0.00623
Entry: 0.00596
STOP: 0.00569
Entry Conditions:
| Fast MA break
| CDV break
SUN/USDT - Sun (New): Resistance_Breakout_Confirmation◳◱ A Resistance Breakout and Confirmation has been detected on the $SUN / $USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 0.00681 | 0.00706 | 0.00767, and the major support zones can be found at 0.0062 | 0.00584 | 0.00523. Consider entering a trade at the current price zone of 0.0068 and targeting higher levels.
◰◲ General info :
▣ Name: Sun (New)
▣ Rank: N/A
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Poloniex
▣ Category/Sector: N/A
▣ Overview: Sun (New) project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.0068 ₮
▣ 24HVol: 1,255,025.500 ₮
▣ 24H Chng: 3.343%
▣ 7-Days Chng: N/A
▣ 1-Month Chng: N/A
▣ 3-Months Chng: N/A
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00681 | 0.00706 | 0.00767
◢ Support: 0.0062 | 0.00584 | 0.00523
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: N/A
▣ Last 90D: N/A
▣ Last 1-Y: N/A
▣ Last 3-Y: N/A
◲◰ Volatility :
▣ Last 30D: N/A
▣ Last 90D: N/A
▣ Last 1-Y: N/A
▣ Last 3-Y: N/A
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.46 - Bearish
▣ Reddit sentiment score is 0.54 - Bullish
▣ In-depth SUNUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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SUNUSDT is bullish if resistance is penetratedSUNUSDT is fighting with the down slanted resistance and if penetrated with decent volume, then it is a breakout. It has finished wave cycle 1 and hopefully retracement has reached its final point where C is highlighted. 0.0050 cancels the whole forecast.
Note that, it is only for educational purposes, it is not a recommendation to buy or sell. I only present a pure technical analysis using Elliott Wave Theory and trend-lines. However, I do not have the crypto market tone and, my analysis lacks fundamentals as I don't follow the news regarding the coin.
SUN LONG IDEAI think if the price would come down to this 0.66+0.702 Fib level+ 1H liquidity Zone, and would make an SFP type of move, then that would give a high gasoline for a strong up move, if the asset have really power.
SL under the Wick if this happens.
TP1 the preivous high.
TP2 Weekly
TP3 VAH of the impulse down move +Golden Pocket
SUN hit targets again. 430% profits. What's next?Hello, dear TradingView members.
This is a SUN idea.
Once more, we opened our positions on SUN around the $0.00525 area, which was a solid support level and a great buy/long opportunity.
So far, we have made about 43% (430% with a 10x leverage) profit, and it's safer and more logical to close all positions now. Do not FOMO.
If you're a risk taker, you can wait for the solid resistance and close your positions, but don't forget to use local resistance as your SL.
As you can see on the chart, this coin has reached 2 levels of resistance on the hourly and daily timeframes based on the Fibonacci retracement.
There are three support levels on the way down, which will let us open more long positions when we get more confirmation. But for now, we should wait and see.
RSI is overbought, and the price has more room to go down.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
🌞 SUN pumped 55%. Is this a breakout?Hello, dear TradingView members.
This is a SUN idea.
SUN suddenly had a 55% pump in the market and became today's top gainer.
There is not enough volume in the market to support this pump, and also, there is a solid resistance level on the way up, pushing down on price.
The price still hasn't successfully passed the local resistance level, so do not FOMO and wait for better confirmation.
There are two scenarios in the current situation:
Scenario One:
The price will pass the local resistance and move to the solid resistance area and gets rejected and falls back on the local resistance and turns it into support.
Scenario Two:
Local resistance will reject the price and fall back to the half-shadow support levels.
RSI is in the overbought area, and the price has more room to go down.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
SUN USDT time for bouncei will set a buy order at 0.00561,if this is filled,i will look for an exit at 0.00594
which is 6% and at 0.00612 which is 9.2% profit.
in case it goes wrong,i will cut my losses if 4h candle closes below 0.00551 at 1.9% loss
spot only,sun is unavailble at binance futures.
i will cancel this if the order is not fill in the next 24h and i will update here
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