Alikze »» FTM | Continue reforming on the descending channel🔍 Technical analysis: Continue reforming on the descending channel
- In the analysis presented in the previous post , after leaving the density to the first blue strip area it made the first correction.
- Currently, it is moving in a downtrend in a downtrend in a downtrend.
- Depending on the type of behavior and structure of this return, it can extend to the middle of the channel or the Test of the Neckline area.
- So we will expect to continue the correction after the middle of the channel to the floor of the canal, which can then continue with the channel breakdown to 0.26.
- This correction is generally for the completion of the 2 -correction wave that can have a complex combination modification.
- So we will continue to consider the upward trend after the short -term correction is completed.
💎 Alternative scenario: After supporting the blue and money -wide range, it can have a test to the supply area, which can continue up to the channel and fibo 1.272 if it fails.
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BINANCE:FTMUSDT
SUI
SUI ANALYSIS (Bearish)Based on the timing of the waves, the SUI appears to be forming a large-scale pattern.
We had two bearish and bullish waves in which time similarity can be seen. The first wave was 167 days and the second wave was 189 days.
The first wave was a symmetrical one and the second wave seemed to be a double wave.
By maintaining the red range, it can form a third wave, which is a bearish wave. The time of this wave can be between 120-190 days.
The targets are clear on the chart.
Closing a daily candlestick 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
Alikze »» INJ | Descending channel🔍 Technical analysis: Descending channel
- It is moving in a descending channel in the daily and 12H time frames.
- It has faced a complex zigzag correction structure after the end of the last bullish wave that extended around the 2.618 area and the price of $53.
- Currently, according to the downward momentum, it is approaching the OB region in the form of a three-wave pattern.
- So if the $18.75 range maintains the 1.618 Fibo, it can have an attempt to the $25 range.
In addition, in the continuation of it, if it faces selling pressure again, the last log can continue up to the range of the green box and Fibo 100.
💎 Alternative scenario: But if it faces selling pressure in the range of $25 and breaks it, the downward trend will continue in the range of the green box and continue with its failure until the range of 11.36.
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BINANCE:INJUSDT
$SUI in a technical downtrend. Bottom and Buy zone in the chart.NYSE:SUI is a new blockchain with a very good project, extensive ecosystem, and strong venture capitals. It suffers from monthly token unlocks and a lot of inflation. However, it has the potential to follow in the steps of Solana and could be a good long-term investment.
What does the chart say?
We had an M pattern formation that turned into a downtrend channel. Because the coin is new and experienced phenomenal growth, there is not much resistance until the bottom of the latest uptrend.
The identified bottom is between 0.35 and 0.52, which is our buy zone. Buying here guarantees some good profit when CRYPTOCAP:BTC recovers and pumps to its all-time high.
I would not buy NYSE:SUI outside of this zone, as it would be too risky. I do not think it will reverse until it enters that buy zone.
Always do your own research (DYOR). This is just chart analysis and commentary, not financial advice. Crypto is highly volatile, and any idea can be invalidated by external factors.
SUIUSDT Long Signal📩 Pair: SUIUSDT
📈 Direction: Long
💯 Leverage: Cross 5X - 10X - 20X
📊 Entry 1: $0.75
📊 Entry 2 (DCA): $0.65
✅ Target 1: $0.88
✅ Target 2: $1.10
✅ Target 3: $1.36
⛔️ Stop Loss: $0.60
Entry Strategy:
First entry at $0.75
If the price drops, make an additional entry (DCA) at $0.65 to lower the average cost of the investment.
However, if SUI does not recover from $0.65, attention will shift to the next crucial support level in the lower demand zone at $0.60. The probability of a strong rebound here is quite high, making this level critical to watch. On the other hand, if SUI continues to decline, bears may gain control, leading to a bearish continuation, marking a significant shift in market sentiment.
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Alikze »» AVAX | Head and shoulders pattern🔍 Technical analysis: Head and shoulders pattern
- It is moving in a downward channel in weekly and daily time.
- In the previous post , it was mentioned that if the supply zone fails, it can touch the next zones, which after retesting the zone, failed to break the red box and formed a corrective structure.
- According to the current corrective structure, a head and shoulders pattern is formed.
- Also, due to the failure of the neck line, any return can be a pole back to the broken structure.
- So the break of the $25 area will also lead to the break of the channel and it can have a triple correction with Fibo targets of 100 - then $12.5 and Fibo of 1.618.
💎 Alternate scenario: If the $25 zone is maintained and the supply zone fails, it can retest the next zone.
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BINANCE:AVAXUSDT
SUI close to trend reversal - LongI think SUI is getting cheap.
Maybe SUI need some more days of "accumulation", but I think we are close to set a higher low, and confirm the trend break.
I play SUI as a spot trade.
With 280% to all time high, I think there are a lot of upside potential.
This could be an entry to hold for a couple of months, next leg up could be massive, according to fib-levels 4-5X.
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.
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Now, let’s dive into this chart analysis:
The current technical setup on NYSE:SUI indicates a bullish trend with a potential target of $2.50. A breakout above the 35 EMA is likely to confirm a bullish trend on #SUI.
The price is currently holding the support trendline at $0.663, and it must continue to hold to maintain the rally.
Key levels:
- Support/Entry: $0.578 to $0.663.
- Primary Resistance: 35 EMA at $0.916.
- Target: $2.5 (270%).
- Invalidation Point: A close below $5.784.
DYOR, NFA.
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#PEACE
SUIUSDT.1DAs I analyze the daily chart of SUI/USDT, several key patterns and levels stand out to me.
Resistance and Support Levels
Resistance Levels:
R1: The first significant resistance level is around $1.0031. This level aligns with previous highs and acts as a potential target if the bullish momentum continues.
R2: The next major resistance is around $1.1984, which marks the highest point observed on this chart. This level will likely serve as a strong barrier to further upward movement.
Support Levels:
S1: The initial support level is at $0.7641, where the price has shown a tendency to bounce back after recent declines.
S2: A more robust support level is at $0.5728. If the price falls below this, it might indicate a more prolonged bearish phase.
Technical Indicators
Relative Strength Index (RSI):
The RSI is currently at 48.71, which is relatively neutral. This indicates that the market is neither overbought nor oversold at the moment. A move above 70 would suggest overbought conditions, while a drop below 30 would indicate oversold conditions.
Moving Average Convergence Divergence (MACD):
The MACD line is slightly above the signal line, with values of 0.0191 and -0.0192, respectively. This suggests a potential bullish crossover, which could lead to upward price momentum if confirmed by further movement.
Trend and Pattern Analysis
I have observed a harmonic pattern forming, which suggests a potential reversal zone around the current price levels. The completion of this pattern indicates that the price might head towards the resistance levels mentioned above.
The price has recently broken above a downward trendline, which adds to the bullish sentiment. If this breakout holds, it could pave the way for a move towards R1 and possibly R2.
Market Sentiment and Predictions
Given the current setup, my expectation is for SUI/USDT to test the resistance at $1.0031 in the short term. A successful break above this level could see the price aiming for the $1.1984 resistance.
Conversely, if the price fails to maintain its current levels, it might retest the support at $0.7641. A break below this could drive the price down towards $0.5728.
Conclusion
In conclusion, while the overall sentiment appears cautiously bullish, it is crucial to monitor the key support and resistance levels. The RSI and MACD indicators support a potential upward move, but confirmation from price action is essential. I will keep a close watch on these levels and adjust my strategy accordingly.
BUYING SUI/USDT HERE!!Hey everyone!
If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!
SUI looks bullish here. Forming a falling wedge-like structure here and currently, retesting it. Accumulate it in the green zone.
Entry range:- $0.77-$0.81
Targets:- $0.91/$1.14/$1.40
SL:- $0.70
Lev:- 2x-4x
What are your thoughts on SUI's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Amazon opportunity to buy SUI | +300% Target#SUI/USDT #Analysis
Description
---------------------------------------------------------------
+ Price has reached the bottom and the support held strong
+ Price is now bouncing back from the support zone and this is a good time to accumulate
+ i'm expecting easy profit target of 300%
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 0.8534
Stop Loss: 0.4472
------------------------------
Target 1: 1.0546
Target 2: 1.5460
Target 3: 2.3261
Target 4: 3.9707
------------------------------
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
SUI Looks strong but might pull backStrong move up after reclaiming the value area lows.
I would wait for the POC/Daily Level to be flipped into support or wait for a retest of the value area low (blue Line) for a long and target the weekly (Orange Line) above.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
Alikze »» STX | Ascending channel🔍 Technical analysis: Ascending channel
- It is moving in an upward channel in the weekly and daily time frames.
- Within the ascending channel after a moving cycle, it has so far had good reactions to the tops and bottoms.
- In the short term, it has been moving in a descending channel, which is recorded in the golden zone of a reversal candle.
💎 Therefore, it can grow after the break of the descending channel, after the touch of the 2.42 range in the middle of the channel, after the pullback to the broken structure, the continuation of the upward path to the specified areas and then to the ceiling of the channel.
💎 In addition, if the golden zone and the bottom of the ascending channel are broken, the continuation of the ascending scenario will be invalid and should be reviewed and updated.
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BINANCE:STXUSDT
Alikze »» SUI | Descending channel🔍 Technical analysis: Descending channel
- It is moving in a descending channel on a daily basis.
- Currently, there is demand at the bottom of the descending channel in the green box.
- If it can break the range of 0.78, it can continue its growth with a pullback to the support box until the supply zone.
- But if the green box area breaks down, the correction will be ongoing and should be re-examined and updated.
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BINANCE:SUIUSDT
SUIUSDT Critical Levels to Watch as Price Tests Supply!Yello, Paradisers! Are we on the verge of a major move for #SUIUSDT? Let's dive into the key levels and potential scenarios to watch out for.
💎The price recently bounced off a strong demand area, closing with a green daily candle, signaling a possible reversal. Currently, #SUI is testing the supply area around $0.76 but is facing rejection. This suggests that the price may revisit the support level at $0.697 to build momentum for another attempt to break through the supply area.
💎If a successful breakout of the supply area occurs, this could create a strong bullish momentum, pushing the price towards the next resistance zone between $0.89 and $0.92. A decisive break above this resistance could solidify the bullish trend and align with our target area.
💎However, if SUI fails to hold at the support level and breaks down, the price is likely to revisit the strong demand zone between $0.61 and $0.559. This area is crucial for maintaining bullish prospects.
💎A bounce from this demand zone is essential; failure to do so and a subsequent break below this level would invalidate the bullish outlook, increasing the probability of a further downward move.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
Alikze »» OP | C wave correction🔍 Technical analysis: C wave correction
- It has been moving in an upward channel in weekly and daily time.
- It is currently moving in a downward channel.
- The last upward wave was a complete cycle of 5 waves, which was able to grow to the size of 0.78 of the previous wave, which then formed a corrective structure.
- At present, the current corrective structure is a three-wave that can have two behavioral scenarios.
💎 First scenario: If the current zone cannot stabilize above the golden zone, wave C can extend to the specified PRZ zones (each of the PRZ zones can be a return zone). Therefore, if the current area is not maintained, the downward trend can continue.
💎 The second scenario: if it encounters demand in the golden zone, it can continue an upward trend in the form of a rising wave 3 or C, which at first can conquer its previous major ceiling and then continue to grow until the supply zone.
If the behavior and structure of the post changes, it will be updated.
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BINANCE:OPUSDT
Alikze »» IMX | Head and shoulder pattern scenario🔍 Technical analysis: Head and shoulder pattern scenario
- In the weekly frame time, there was a three -wave move that has grown to 1.272 for its previous wave.
- According to the analysis presented before leaving the triangle density in the 4th wave of correction, it succeeded in the supply zone of growth and defeat it.
- After that, it faced a lack of stability at the top of the supply zone.
-This unsuccessful failure area of the supply area is a head and shoulder pattern.
- Currently, there is a currency pattern that can have a growth of a dynamic trigger.
- If the line is broken, the head and shoulder pattern will be approved and can be modified in the first step until the Golden Zone, and then the Priz area will continue and even move to the origin of the movement.
💎 Replacement scenario: If it can be removed from the corner, it can test the supply area, but the head and shoulder pattern will not be valid until the supply zone is broken and will confirm the pattern by defeating the line.
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SUI - SEI out of phase but same pumpinomicsSUI - SEI out of phase but same pumpinomics
UPDATE
I got the timing wrong last time but the idea is still valid imo. looks even clearer actually. that unlock was nicely timed huh..
Get your money VCs. The crowd will fund your new yacht in 3,2,1
Coinbase ventures laughing all the way to the bank. What is SUI? just another blockchain from the crypto whales that brought you 300 other 'transformational' blockchains in the last few cycles. VCs will extract their 50-100x and leave you with the bag.
If you haven't seen this industry for what it really is yet,, get your head right and start making money.
x
Alikze »» RUNE | Head and shoulders pattern scenario🔍 Technical analysis: Head and shoulders pattern scenario
- According to the analysis presented in the previous post, he retested the supply area after exiting the congestion, but failed to break it.
- It is currently moving in an ascending channel in the weekly and daily time frames, which has broken the dynamic trigger.
- A head and shoulder pattern has formed in the weekly time frame.
💎 If after retesting the dynamic trigger fails to break it and breaks the neckline, it can confirm the head and shoulder pattern for a downward trend to the origin of the movement, which can have downward targets near 3.13 and 2.35 and a green box.
💎 Alternative scenario: if the dynamic trigger is broken, its first target will be $6.25 and then it can be offered after the pullback to the successful structure of breaking the zone, it can have the next targets of $9.38 and $12.5.
🛑 Resistance range: 6.25 - 9.38 - 12.5
🟩 Support range: 3.13 -2.35
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