Get started

SEIUSDT

Trade Idea for SEI Network (SEI) - Accumulation StrategySEI Network (SEI) is showing promising potential as a fast Layer 1 blockchain, particularly noted for its trading-focused capabilities. As of the latest data, SEI is priced around $0.54, following a notable price surge attributed to its v2 upgrade and heightened activity around SEI-based memecoins​. Consider initiating a position at the current market price of $0.54. This price marks a recent rally point and could serve as a strong foundation for an accumulation strategy. Should the price experience pullbacks, additional purchases could be considered at lower levels to average down the cost. Key levels for additional buys could be strategically placed if the price drops to $0.40 or lower, capitalizing on market corrections while maintaining exposure to potential upswings. The strategy involves setting multiple sell targets to capture profits during price ascensions. The initial sell target is set at $0.96, with subsequent targets at $1.04, $1.40, $1.60, and $1.80. These targets are chosen to align with psychological price points that may act as resistance levels during upward movements. SEI's recent surge can be attributed to speculative interests and the anticipated utility increase following its version 2 upgrade, expected in the first half of 2024. Such factors often attract increased trading activity, which can lead to significant price movements​. This strategy reflects a higher risk tolerance, suited for investors who can afford to hold through potential volatility without the safeguard of a stop loss. This approach is typical for those with a deeper understanding of the project’s fundamentals and a long-term bullish outlook. SEI Network's strategic developments and enhancements in its blockchain capabilities provide a robust foundation for potential growth. The phased buying approach allows investors to benefit from both short-term price spikes and long-term appreciation as the network's adoption and functionality expand. This trade idea is based on the latest available market data and SEI Network’s development trajectory as of May 2024. Please consider this analysis as part of your broader research. Cryptocurrency investments carry inherent risks, including the loss of principal. This information is not financial advice.
Long
by icordkaz
Here's the rationale for the SEI to riseHi, guys. Nice to meet you I hope today will be a day full of joy It's creating conditions for a rise by adjustment as extended waves. If the upper line of the extended wave is broken upward, candle can rise to the purple long-term uptrend line. If chart ignore the upward conditions of the extended wave and fall down, Green and red lines are likely to be support line. (There should be absolutely no way to break down the red long-term downtrend line.)
Long
by EAGLE_S_S
SEI/USDT - Sei Network: TrendLine Breakout◳◱ On the $SEI/ CRYPTOCAP:USDT chart, the Trendline Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.6479 | 0.7077 | 0.8636 and support near 0.492 | 0.3959 | 0.24. Entering trades at 0.6348 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Sei Network ▣ Rank: 66 ▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc ▣ Category/Sector: N/A ▣ Overview: Sei Network project overview is currently unavailable. I'll try to update this in the upcoming analysis. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.6348 ₮ ▣ 24HVol: 35,535,267.898 ₮ ▣ 24H Chng: 4.735% ▣ 7-Days Chng: 27.82% ▣ 1-Month Chng: -21.06% ▣ 3-Months Chng: -1.52% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.6479 | 0.7077 | 0.8636 ◢ Support: 0.492 | 0.3959 | 0.24 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -2.86 ▣ Last 90D: 0.29 ▣ Last 1-Y: 1.92 ▣ Last 3-Y: 1.92 ◲◰ Volatility : ▣ Last 30D: 1.09 ▣ Last 90D: 1.22 ▣ Last 1-Y: 1.40 ▣ Last 3-Y: 1.40 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is N/A ▣ Reddit sentiment score is N/A ▣ In-depth SEIUSDT 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. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
SEI/USDT need to bounce from here for try break the resistance.💎 Paradisers, the recent market dynamics surrounding #SEI have indeed been noteworthy. 💎 Experiencing rejection at the resistance area and retracing back to the support, SEI now requires a bounce to attempt another breakout above resistance. 💎 Success in breaking this resistance could pave the way for a bullish reversal, potentially leading to the attainment of our target area. 💎 However, should SEI fail to find support at the current level, resulting in a breakdown below the support area, the next likely target would be the demand area. 💎 The demand zone holds significant importance as SEI needs to bounce from it and reclaim the price above the support level of 0.464 to sustain upward momentum. Failure to achieve this could result in SEI continuing its downward trajectory. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
🔥SEI Is In Accumulation Area: The Rocket Will Launch SoonSei Network is one of the fresh altcoins on Binance with a huge growth potential. As it happened to many fresh altcoins, it follows the Aptos scenario. The closest target is at $0.17 (+60%) and $0.37-0.4 (+251%). As fara s you understand there are just local targets. I expect 20-40x on a bull market at least. 💥$220M for altcoin is just a grain of sand in the desert. That's why fresh low-cap altcoins grow so high. like❤️ and follow Check the links and get a BONUS🎁 from me👇
by Alex_Dehtiarov
6
SEI vs early SOL ; the fractal comparisonSEI vs early SOL ; the fractal comparison Basically underlying DEX/exchange tech/layers are going to be super important. So if it works well it should do well. Fair enough. I saw someone on twitter (sorry cant remember where first) regurgitating this fractal comparison, trying to frame some pump potential.. ok i like doing that too. :) The token seems quite popular.. but its not really like SOL is it.. also no SBF to pump to infinity treatment. anyway lets see if this random comparison works out. :P gl
Long
by Crypto-Quantum-Fox
2
SEIUSDT BULLISH WAVE READ DESCRIPTION 1. **Buying, Demand, and Support Zone**: SEI/USDT is currently within a buying, demand, and support zone, which is typically an area where significant players such as investors, institutions, and hedge funds may place substantial buying orders. This zone ranges between 0.8369 and 0.8512, indicating a strong area of interest for potential buyers. 2. **Technical Analysis Indicators**: - Overall Summary: The 4-hour overall summary indicates a bullish bias, with 14 buy signals, 3 sell signals, and 9 neutral signals. - Moving Averages: There is a strong buy signal in the moving averages, with 14 buy signals, 1 neutral signal, and 2 sell signals. - Other Technical Indicators (RSI, MACD, Stochastic Oscillator, Momentum, Stochastic RSI, ADX, CCI, Williams Percent Range, Bull Bear Power, Ultimate Oscillator, SMA, EMA, VWMA, Ichimoku): All these indicators are signaling buy opportunities, reinforcing the bullish sentiment. 3. **Trade Parameters**: - Stop Loss: The stop-loss for this trade is set at 2.95%. This suggests a risk management strategy to limit potential losses should the trade move against the anticipated direction. - Profit Target: The profit target for this trade is set at 36.09%. This indicates the desired level of profit that traders aim to achieve, providing a clear objective for profit-taking. - Two Take Profit Levels (TPs): Having two take profit levels allows traders to scale out of their positions at different price points, capturing profits along the way while still leaving some portion of the position open to potentially ride further price movements. In conclusion, the technical analysis suggests a strong bullish bias for SEI/USDT, supported by the presence of buying, demand, and support zones, as well as multiple buy signals across various technical indicators. The trade parameters, including the stop loss and profit targets, demonstrate a structured approach to risk management and profit-taking. However, traders should always be mindful of market volatility and unexpected events, adjusting their strategies accordingly to mitigate risks and maximize potential gains.
Long
by MOAZAM1133
10
SEI/USDT upward momentum from key support?👀🚀SEI Analysis💎Paradisers, turn your focus to #SEIUSDT, radiating bullish vibes from its support zone. 💎#SIECOIN has encountered resistance at $0.9380, leading to a slight retreat. However, if it stays strong above the pivotal support at $0.8366, we're on the brink of a bullish journey targeting the significant supply zone at $1.0339. 💎 In the ever-shifting landscape of crypto, flexibility and quick adaptation are key. If #SEI finds it challenging to maintain its stance at this crucial level, a strategic shift might be in order. 💎 Should we need to adjust, we're looking at a bullish maneuver from the support level at $0.7613. It's critical to monitor this level closely, as a fall below could indicate a turn towards a bearish scenario for #SEI.
Long
by MyCryptoParadise
SEI - A Technical Analysis - New High is Breakout or Fakeout ? BINANCE:SEIUSDT (1D CHART) Technical Analysis Update SEI is currently trading at $0.9030 and showing overall bullish sentiment We are seeing confirmed breakout from the resistance zone. Currently price is heading back to its support level (Previous resistance level), we can expect the price to bounce back after hitting the support level. Enter 50% of the position now and rest after the pull back. Entry level: $ 0.8468 - 0.9034 Stop loss level: $ 0.6529 Target 1: $ 0.9982 Target 2: $ 1.1195 Target 3: $ 1.4870 Target 4: $ 1.9038 Max Leverage: 2x Don't forget to keep stop loss. Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
1
#SEI/USDT#SEI The price is moving in a descending channel on a 4-hour frame We are now at the lower limit of the channel The price rebound more than once at the lower border at 0.7800 of the channel is evidence of the strength of the channel borders and the expectation of a rise. We have a higher stability moving average of 100 As well as the price touch trend on the RSI Entry price is 0.7995 The first target is 0.8422 The second target is 0.8955 The third goal is 0.9455
Long
by CryptoAnalystSignal
📈 SEI Trading Analysis 📈Market Observation: SEI demonstrates resilience amid the current altcoin selloff, displaying relative strength compared to its peers. Trading Strategy: Entry Range: Consider entering the trade between $0.83 and $0.90, ensuring stability above support. Take Profit Levels: Target potential highs at $1.20 or $1.50, aiming for continuation into price discovery. Stop Loss Placement: Set a stop loss to safeguard against significant downturns, considering a close below $0.68 on the daily timeframe.
Long
by Richtv_official
1
SEI - Potential Elliot Wave 5 Completion in progressSEI - CRYPTOCAP:SEI There is a potential set up in SEI with a decent risk:reward ratio of 9.5 ❌We want high volume but we do not have it yet ✅OBV is breaking out (might be an early sign of volume to come) ✅ We are above the 21 day moving average and above the diagonal support line The 21 day MA and diagonal support line could offer a buying opportunity for any new participants, I have a tight stop placed at $0.74c. You will also see a 5 wave Elliot wave structure with the final 5th wave looking to reach the golden fib ext of 1.618 @ $1.57c. We have a structure here to work with, a good RR and tight stop levels to protect us. Sei is the first sector-specific Layer 1 blockchain, specialized for trading to give exchanges an unfair advantage. Lets see how it plays out PUKA
Long
by PukaCharts
3
$SEI time for RETEST at $0.84📍Hello traders, today we are looking at BINANCE:SEIFDUSD 1H chart to see what is the situation right now at the market. TSXV:SEI has performed very well during the last days, however it seems that it has reached a level where it will retest a resistance level. 📍Trading at $0.86 is happening right now and as we can see, at it is very close to reach the support level of 0.84 where it will retest. We have already outbreak the moving channel between 0.91 - 0.87. As the whole market is going to make a correction, the same is expected by TSXV:SEI as well. ✔Recommended trading strategy: As we are moving at the resistance level it is suggested to follow a short order - short term. The price is going to move below $0.84 in the next hours. If we reach 0.84 it is expected to gain momentum to 0.90 and maybe higher. ⚡Please hit the like button and ⚡Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
by logicrypto