SUI
SUI ANALYSISAfter a bearish trend with a strong move, a bullish iCH has formed on the chart.
It is expected that after sweeping the high liquidity pool and hitting the Supply, it will return to the Demand side and then move to the specified tarps.
Therefore, we are looking for sell/short positions in the Supply range and Buy/Long positions in the Demand range.
Closing a daily candle above Supply or below Demand will violate our view on the SUI.
Note that the financial market is risky, so:
Do not enter a position without setting a stop and capital management and confirmation and trigger.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
Alikze »» NEAR | C wave correction leg🔍 Technical analysis: C wave correction leg
- It is moving in a descending channel in daily and weekly time.
- At the last stage of correction, it can extend to the area of the bottom of the channel and the green box.
- Therefore, considering that it has faced selling pressure in the middle of the channel, if the supply zone does not fail, the correction will continue up to the specified zone and Fibo 1.618.
- The range of 2.479 to 2.768, if faced with demand, can provide a suitable area for buying and a return to the middle of the channel.
- This zigzag correction, if it is not combined and complex, can continue the upward trend after completing the last corrective leg, according to the behavioral scenario presented in the previous post.
💎 Alternative scenario: In addition, if it can meet the demand in the middle of the channel, it can have a temporary growth up to the ceiling of the supply range of the channel.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
BINANCE:NEARUSDT
Aug 14Overview:
The market is currently at a stalemate, which isn’t surprising after last week’s 15% crash. Since 2009, CRYPTOCAP:BTC has only experienced a drop of more than 15% around 10 to 15 times. We’re receiving contradictory macroeconomic news: on one hand, predictions of a long-awaited recession in the U.S. are surfacing, with major corporations reporting diminishing returns and U.S. consumers already feeling the pinch, as grocery prices have jumped by 50-70%. On the other hand, Lord Jerome reports the year-over-year CPI at 2.9%, lower than the expected 3.0%.
BTC ETF flows reported $81 million in selling, indicating that ETF investors aren't interested in BTC at 58.5k. However, just two days earlier, there was a positive flow totaling $66 million.
Demand for NYSE:SUI via Grayscale has stalled, with a 20% decline from recent highs in the last two days, although it's still up 44% since the August 8th news. GETTEX:TAO , on the other hand, has only seen about one-sixth of that demand, rising just 7% to date. Is this the cost of not being listed on Coinbase?
Alts Relative to BTC:
No divergence observed. CRYPTOCAP:ETH , CRYPTOCAP:SOL , and AMEX:NEAR mirrored BTC’s correction of 5.22%, each declining by 6-7%.
Bull Case:
The S&P 500 continues to climb, nearing previous levels (only 3.81% away from its all-time high after a 9.44% drop). Jobless claims numbers came in lower than expected, signaling improving economic conditions and possibly taking a recession off the table. Global liquidity has stabilized over the last three days.
Bear Case:
None of the above factors support risky asset prices, and BTC loses its ETF demand support, potentially plummeting to 41.2-43.8k.
Fear and Greed Index:
42.9, decreasing and edging toward Fear territory—where long red candles and even longer wicks reside.
W:
Mid-range, in accumulation territory, curving downward. While last week’s crash candle ended green, this week has shown a lower high and may close below the opening, potentially turning red. Only 3.54% separates us from the weekly support level, which could be tested in the next four days. No divergence.
D:
On August 14th, BTC touched the BB MA and bounced down, closing in red and re-entering the previously established $60.2k - $58.2k daily range. However, on the 15th, it already broke out of that range and may close outside of it. If the 15th closes in red, this week could be in trouble, opening the door to a drop toward 56k.
4h:
After rejecting 61.7k, BTC crashed through the BB MA. This -5.5% correction was accompanied by a significant MACD divergence. To continue the existing trend, a bounce back up with bullish demand was needed, but no buyers stepped in, and the next 12 hours saw continued decline, currently trading slightly below the 58.2k daily level.
1h:
A red candle at 2am on August 15th showed a dangerous increase in volume compared to the previous two red candles. With U.S. bulls sleeping, there may be no support at this level, risking a free fall.
Prediction:
With the lack of support from Asian bulls, we are likely to fall below 58k, and only unexpectedly positive news from Jerome Powell might keep BTC within the daily range, above 58k.
Opportunities:
CRYPTOCAP:SOL : Dropped below the weekly support level of $146.3 and seems to be declining, solidifying it as a new resistance. Opportunity to short to $130 (7.94%).
AMEX:NEAR : Retreated from the weekly level of $4.39 and is on its way to $3.3 (19%).
NYSE:SUI : Rejected the weekly level of $1, with the next stop at $0.8 (-10%), which coincides with the BTC ETF demand level.
AMEX:APT : Rejected the weekly level.
NYSE:AR : Holding on by a thread above a 58% abyss to the BTC ETF level, with no intermediate stops.
NYSE:ENS : Expected to mirror ETH's performance, potentially doubling whatever CRYPTOCAP:ETH does.
Mistakes:
Yesterday’s 4h BTC divergence became apparent at noon (UTC-4, NY time) after a red candle appeared. As of now, at least 2.40% could have been captured.
Follow for daily updates.
First 100 followers receive free market analysis and signals subscription.
Trade Setup: SUI Long PositionMarket Context:
SUI is currently trading at a key support level around $0.90, presenting a potential opportunity for a long spot trade. This level has shown strength in holding the price, making it an ideal entry point.
Trade Setup:
Entry: Enter a long spot trade at the current $0.90 level of support.
Take Profit:
First target: $0.99 - $1.03
Second target: $1.12 - $1.17
Stop Loss: Place the stop loss just below $0.86.
📊 Keep an eye on market conditions and adjust your strategy as needed! #SUI #CryptoTrading #SupportTrade 🎯
SUI the next SOL?Today, SUI is stirring Crypto Twitter, the most talked-about token.
On the daily, SUI has reached its resistance so we can expect a slight cooldown from this level
On the 4-hour timeframe, it's starting to look very interesting as 4hema50 already crossed above 4hema200
$1 is proved to be a strong resistance (psychological number) , however, would view 0.90 to 0.86 area as good area to bid (poc)
However, we can also deviate to .82 to .80 taking those excess (poor lows & single prints)
Token unlocks coming in 19 days, 26% of the total supply is currently circulating. Still 74% of the supply still has to come to market. Let's see how this event will affect the price.
Exciting to see all the buzz and potential developments for SUI Network!
SUI - Strong upward momentum +300% Profit Target#SUI/USDT #Analysis
Description
---------------------------------------------------------------
+ SUI had a strong reversal after hitting the trendline support, This strong reversal is showing overall healthy recovery for the SUI price.
+ i'm expecting this momentum to continue and hit the resistance trend line with the price target of $4
+ This is a weekly chart analysis, it will take few months to reach our target.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 0.95
Stop Loss: 0.44
------------------------------
Target 1: 1.2328
Target 2: 1.5592
Target 3: 2.1871
Target 4: 3.0679
Target 5: 4.0058
------------------------------
Timeframe:1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
SUIUSD Very strong bullish break-out signal.Sui (SUIUSD) has gone +140% from last week's Low (August 05) and broke above two major medium-term Resistance levels: 1) The Internal Lower Highs trend-line) and 2) The 4-month blue Channel Down.
The last time the price broke above such major Lower Highs trend-line was on November 04 2023. That initiated a rally that peaked just below the 1.236 Fibonacci extension, which gave way to the 4-month blue Channel Down.
An equally strong bullish signal is the break-out of the 1W RSI above its MA line. As a result, we have strong reasons to turn bullish on Sui on the long-term, targeting 2.7000.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
SUI/USDT Technical Analysis in a 2-Day TimeframeHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
SUI has shown a 140% gain from its lower support, breaking above the bearish channel. The price is now above the 35 EMA resistance, and it is likely to reach the upper resistance soon.
SUI has the potential to hit as high as $10 if the market favors the bulls.
- Accumulation: Any price range between $0.5 and CMP.
- Resistance: $2.4.
- Higher Targets: $8-$10.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#SUI #Crypto #Altseason
What is the reason for the rapid growth of the SUI price?The mentions of CRYPTOCAP:SUI in social networks have increased by 8 times.
1️⃣ Did the #SUI team make an ultra-revolutionary breakthrough in the crypto world?
2️⃣ Or did they just allocate a large marketing budget for "crypto influencers"?)
Now, OKX:SUIUSDT price has reached a strong mirror level.
1️⃣ "Natural" growth should have occurred according to the red scenario (growth-correction-growth).
2️⃣ And the information drive into the project for "new buyer hamsters" and pamping, because "tomorrow will be more expensive," may continue for a little while longer.
But there are many levels ahead, where there will be plenty of people willing to get out of CRYPTOCAP:SUI to "zero" after sitting in a drawdown for almost a year.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
#SUI/USDT#SUI
The price is moving in a bearish channel on a 4-hour frame and is holding it strongly and is about to break it upward
We have a bounce from the green support area at 0.8600
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is about to break higher and supports the rise
Entry price is 0.9200
The first target is 0.970
Second goal 10.04
Third goal 11.12
#SUI/USDT#SUI
The price is moving below a strong downtrend on a 4-hour frame and is about to break to the upside after being tested now.
.
We have a bounce from the green support area at 0.5800
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is about to break higher and supports the rise
Entry price is 0.6150
The first target is 0.6900
The second target is 0.7500
The third goal is 0.8240
#SUI/USDT#SUI
The price is moving in a descending channel on the 4-hour frame and we are about to break it
We have a bounce from a major support area in green at 0.7060
We have a downtrend on the RSI indicator that has been broken upwards
We have a trend to stabilize above the moving average 100 which supports the rise
Entry price 0.7600
First target 0.8295
Second target 0.8800
Third target 0.9368
#SUI/USDT#SUI
The price is moving in a descending channel on the 1-hour frame and we are about to break it
We have a bounce from a major support area in green at 0.6200
We have a downtrend on the RSI indicator that has been broken upwards
We have a trend to stabilize above the 100 moving average, which supports the rise
Entry price 0.6400
First target 0.6895
Second target 0.7200
Third target 0.7526
Sui 300% pump soonWhy BINANCE:SUIUSDT can pump +300-400% soon
Read this idea and share with friends
Possible Targets and explanation idea
➡️Check IAP idea under this idea. Educational idea
➡️After initiation we are in accumulation stage. Marked green block for good entry
➡️You can start accumulate step by step from current price
➡️Idea will be invalidate if we drop lower than listing price
➡️After accumulation stage next stage is Pump to (marked take profit zone) and ATH
➡️ADZ indicator showed we are in accumulation stage by whales
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
SUI scalp playSUI is up by almost 90% since the bottom. It's vastly outperforming all other L1s
It's currently retesting the first level of resistance
No need to rush, we can wait for a slight cooldown or pullback
There's a chance we can shoot up to 0.96 to $1 area if we can hold 0.76 to 0.74 support
SUI ANALYSIS (4H)The symbol SUI has formed a bullish iCH after its many drops.
We have a large liquidity pool on the chart, we expect this pool to sweep and then the price will reject downwards after hitting Supply.
We are looking for sell/short positions in the supply range.
The targets are marked on the chart.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
$SUI WARNING: pump then dumpNYSE:SUI is experiencing a significant pump due to BlackRock's announcement of a specific NYSE:SUI trust fund. However, on August 3rd (and on the 3rd of every month until January 2025), NYSE:SUI will undergo a large token unlock for their Series B and C investors.
The concern is that there was no immediate impact from this token unlock, suggesting that the VCs may be waiting for retail investors to FOMO into NYSE:SUI following the BlackRock announcement before they dump their coins.
Once the FOMO cools down, it's likely that the VCs will sell, which could cause the price to drop.
NYSE:SUI is currently in a downtrend, forming a falling wedge pattern due to the monthly token unlocks that began in July 2024. The upcoming inflation will be difficult for the market to absorb. The token unlocks will slow down in January 2025.
DYOR
#SUI 1D chart;NYSE:SUI 1D chart;
The first major obstacle for #SUI, which has started to recover after the recent decline with Grayscale's decision to invest, will be the falling trend line (red).
The bullish pattern is active as long as it does not fall below the stop level
The pattern will be completed after a rise of approximately 280%.
Alikze »» SOL | Bullish Flag🔍 Technical analysis: Bullish Flag
- In the last analysis presented, it was mentioned that an upward cycle is being completed.
- Currently, a cup pattern has formed on the weekly time frame after an upward rally, followed by a small valley.
- As you can see, after a zigzag correction in the liquidity zone, an ascending flag has also been formed.
- Therefore, by maintaining the area and breaking the channel, it can experience another growth equal to the height of the rising wave.
💎 Also, note that if the $100 range is broken and there is a stabilization below it, it should be re-checked and updated.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
BINANCE:SOLUSDT