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. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
SUIUSD
Sui: Has the upward movement in SUIUSDT started?Trading Setup:
A Trading Signal is seen in the SUIUSDT Sui (h4) (futures)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.864
⭕️SL @ 0.740
🔵TP1 @ 1.315
🔵TP2 @ 1.704
🔵TP3 @ 2.168
#cryptosignal #Crypto
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments .
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 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 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
$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.
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 - 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
$SUI/USDT - Breakout June/July 24NYSE:SUI seems to be on the bull div on HTF, it is going to ping the 50day EMA soon and if it successfully breaks-out of that neckline it will go all the way. Keep a close eye on that .382 level this is the main resistance zone where it needs to push hard to make its way into the bull cycle!
Beware, use caution and make your entries on super low lev here until BTC has finally settled and bounced off of a strong support line which is in my hypothesis 62.5 - 59 anywhere between those lines. Can happen real soon.
July should give us good green market.
Green trading ya'll
#SUI/USDT#SUI
The price is moving within a 1-hour downtrend channel and is strongly committed to it.
We have a support area at 1.00 and we bounced from it at the lower border of the channel
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise
Entry price is 1.028
The first goal is 1.07
Second goal 1.12
Third goal 1.16
SUI Inverse head & ShouldersIf it can continue and break the neckline with strength.
I am looking at both targets to be hit convincingly.
Nice Pattern
looking for #ETH to start showing strength
Than more of these smart contract platforms can get running hard as well.
Don't in the Bull market Things get stupid
And prices go to levels that we may have. hard time imagining today.
Especially on tokens that haven't been exposed to a hype cycle before.
#SUI / USDT long trade setupNYSE:SUI was dumped by its VCs after a 20% token unlock on May 9th. This created prolonged selling pressure.
However, this project is a major new L1 blockchain, and this dump has actually created a good buying opportunity.
NYSE:SUI is poised to recover. There is still some selling pressure, as seen in the price action, so do not expect it to go to the moon like $PEPE. That is why I set my targets relatively low. I will update if the plan is successful.
My price target for the bull run for NYSE:SUI is between $8 and $10, so NYSE:SUI at $1.05 is really cheap in my opinion.
This is not financial advice. Do your own research (DYOR).
Long position on SUIUSDT 8H / Trading SetupBINANCE:SUIUSDT
COINBASE:SUIUSD
Hello dear traders.
Follow for more analysis and positions.
Long position on SUIUSDT 8H
⏱mid-risk status: 2x - 5x Leverage
⚡️TP:
1.135
1.165
1.20
1.27
1.32
1.356
1.425
➡️ SL:
1.028
The Alternate scenario:
🔴If the price stabilizes below the trigger zone, the setup will be cancelled.