SUIUSDT: Restesting ATH Support—Bull Run Resuming Soon!BINANCE:SUIUSDT is currently retesting its all-time high support and is poised to resume its bull run from here. After a healthy consolidation following the ATH breakout, it’s time for take-off! As a strong layer 1 blockchain with a robust community backing it, I’m expecting new ATHs in the near future. Keep an eye on this one!
BINANCE:SUIUSDT Currently trading at $2.14
Buy level: Above $2.1
Stop loss: Below $1.69
TP1: $3
TP2: $4.5
TP3: $6
TP4: $7
Max Leverage 3x
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SUIUSD
Example of conditions for Chase the Rally
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(SUIUSDT.P 1D chart)
It is necessary to check whether it can fall from the 2.2492 point and rise with support near the HA-High indicator (2.0299) on the 1D chart.
Since the StochRSI indicator has entered the oversold zone, it is showing a strong downward trend.
Therefore, it is highly likely that it will continue to fall further, so caution is required when trading.
If it falls below 2.0299,
1st: 1.8735-1.9073
2nd: 1.6124
You need to check whether there is support near the 1st and 2nd above.
Therefore, from a short-term and medium-term perspective, if the price is maintained above 1.6124, it is a time for additional purchase.
In other words, I think it is a time when Chase the Rally is possible.
At this time, if the Mid (50) line or HA-Low indicator is created and shows support, it will give you strength to proceed with additional purchase.
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The important thing to proceed with Chase the Rally is that the long-term moving average line is in a regular array.
If not, it should be considered as a purchase, not Chase the Rally.
In this chart, the M-Signal line of the 1W and 1M charts corresponds to the medium- to long-term moving average line.
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(1h Chart)
If you touch the 5EMA of the 1D chart or the M-Signal of the 1D, 1W, 1D chart, there is a high possibility of volatility.
Therefore, you can start trading depending on whether there is support around here.
However, since the 5EMA of the 1D chart or the M-Signal of the 1D, 1W, 1D chart is for viewing trends, you should draw support and resistance points on the 1M, 1W, 1D charts and check whether there is support around those points and respond.
Since the current chart is a 1h chart, if there are no support and resistance points drawn on the 1M, 1W, 1D charts, you can start trading with the support and resistance points of the 1h chart.
However, a short and quick response is required.
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The StochRSI indicator is showing signs of forming a double top.
Therefore, if it falls below 2.088-2.0238, it is likely to touch around 1.8735-1.9073.
If the StochRSI indicator is reset while falling to the oversold zone, and the price maintains around the M-Signal line on the 1D chart, I think it is highly likely to turn upward.
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Reflecting this movement, it is expected that the trend will be formed depending on which direction it deviates from the box range (1.9752-2.0761) of the HA-Low indicator.
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Have a good time.
Thank you.
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- Big picture
It is expected that a full-scale uptrend will begin when it rises above 29K.
The next expected range to touch is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points that are likely to receive resistance in the future.
We need to check if these points can be broken upward.
We need to check the movement when this range is touched because it is thought that a new trend can be created in the overshooting range.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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#SUI LONG IDEA - POSSIBLE SWING LONG#SUI is the one of the best coin that has bullish momentum currently.
I will be watching to marked 'Long Zone' for possible swing position.
LTF confirmation will be needed in order to open position.
Risk assests are doing good recently but we have still geopolitical risks currently.
Nothing i share is financial advice. Education purposes only.
#Altcoins #Crypto #altcoin #AltSeason2024 #SUI #SUINETWORK
#SUI price will first to break into the alt-season ?)At the moment, the inverted Head and Shoulders on OKX:SUIUSDT chart are drawn quite technically and “by the book”.
Even such an important factor as increased trading volumes in the right shoulder is being fulfilled, and this is especially evident in trading OKX:SUIUSDT.P futures.
Now, CRYPTOCAP:SUI buyers have one task - to keep the price above $1-1.05
Fulfillment of this condition will guarantee growth to at least $1.50, and if you're lucky, up to $2.40
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#SUI/USDT#SUI
The price is moving in a descending channel on the 1-hour frame
And it is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 1.85
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.90
First target 2.00
Second target 2.06
Third target 2.15
SUI, Just imagineThis chart is for imagination purpose only.
if the October to march season hit, we could very well imagine this.
The fractal on the chart comes from the previous move of October 23" to February 24".
27 million holders
Just imagine, that's all.
"That's it, that's the idea" - Good night !
[SUIUSDT] - Bullish isn't over yet!BINANCE:SUIUSDT Started it's correction after a 350% profit from it's bottom in 24 august.
take care if u are going to open shorts... u must understand that the decline doesn't happen vertically.
it can bounce back from here and test the top again at 2.16 to liquidation all short positions then return to complete its correction
i expect a correction to 1.5$( will happen through 2 weeks) then comes back to 5$
BEST Regards Ceciliones🎯
SUI near ATHSUI nearly made it to ATH. I know it looks pretty scary to enter long that high, and that makes sense. But I want you to check out SUIBTC chart - imagine that price break above that level - in this case guaranteed target will be around 0.00009 and that makes another 150% from breakout (or ~180% from cmp) 👀
Watch the dips under 1.92 and down to 1.85 - they can be an opportunity to catch that breakout.
#SUI/USDT#SUI
The price is moving in an ascending channel on the 1-hour frame upwards and is expected to continue.
We have a trend to stabilize above the 100 moving average again.
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of 1.70.
Entry price 1.75.
First target 1.87.
Second target 1.94.
Third target 2.00.
SUI done? or...If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Finally have a bit of a break of the HL.
IF it is ready for a Wave 4.
I would really like to see a move down to 1.45 and react before a move back to 2$, to load a long.
Still time to put in a wave B so may not be ready yet.
Trade Safe,
Trade Clarity.
#SUI/USDT#SUI
The price is moving in a descending channel on the 1-hour frame and is sticking to it very well and is about to break upwards
We have a bounce from the lower limit of the channel at 1.690
We have a downtrend on the RSI indicator about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.727
First target 1.800
Second target 1.862
Third target 1.936
SUI: Steady or sleepy?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Followed the count up and hit the target box.
Now
Support Zones:
$1.450: Immediate support level if the price pulls back.
$1.161: A deeper support level, which coincides with significant previous price action.
Elliott Wave Structure: The chart shows a potential completing wave 3, and a potential corrective wave 4 before possibly moving into wave 5, which might bring a new high.
Outlook: The overall trend is bullish but it is getting extended.
Breaking the higher low pattern may be the signal a correction at the larger degree is coming.
Trade Safe.
Trade Clarity.
#SUI (SPOT) entry ( ,82- ,94 ) T. (1.4590) SL (0.7415)
entry range ( ,82- ,94 )
Target (1.4590)
SL .4H close below (0.7415)
#SUI
#SUIUSDT
#SUIUSD
#swingtrade
#shortterminvestment
#ALTCOIN
#Cryptotading
#cryptoinvesting
#investment
##trading
#cryptocurrencytrading
#bitcoininvestments
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#Investingcoins
#Crypto_investing
#Cryptoinvesting
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI ****
#bitcoin
#BTC
#BTCUSDT
BINANCE:SUIUSDT
SUI's Impressive Performance
SUI started its upward trend when it broke through a 5.5-month downtrend shortly after its first listing times.
Now, by breaking through another 5-month downtrend between April and August, it has initiated a new uptrend. In just 2 months, it has quadrupled in price, capturing the market's attention.
After breaking the resistance of the blue downtrend, the price retested this level for two weeks and then continued upward. This indicates a healthy price movement.
The next significant resistance level seems to be around $1.86 - $1.95. If SUI can successfully maintain its price above this level, we can expect a positive short-term view.
In case of a potential pullback, we can use the orange uptrend channel as a reference. This is a healthy structure that has been in place since SUI's bottom. I believe it will provide good support during any retracements. It's upper line shows anout $1.4 nowadays.
SUI - Breakout imminent or back to support?Let's talk about SUI; at this moment, it could be the new narrative of smart contracts. It has all the cards on the table to steal the throne from Solana as the new project of the moment. All the factors are in place for this to happen: extremely fast transactions, high trading volume, excellent on-chain volumes, and a constantly growing ecosystem. Aside from fundamental analysis, it has proven to be stronger than its other rivals recently, and the resistance and support levels are very clear. Personally, I would like to buy around $0.4, but if I don't have the opportunity, I will wait for the breakout/retest. In my opinion, it is not the right time to open positions; I am observing for now.
DO NOT MISS SUI RUN NYSE:SUI has finally woke up, for those who missed the breakout, you can hopefully get a pullback in this area to ride the trend towards 2.15 this trade opportunity is a -40% risk for a potential +90%
If you are not comfortable to swing-trade this is not for you, just take go scalp instead of locking money in this trade which may take several weeks. Follow me for more updates!
SUI/USDT Technical Analysis, 154% Potential surge in few weeks.SUI is showing strength as it approaches a critical resistance level. A confirmed breakout could push SUI into a price discovery phase, opening up the potential for significant gains.
Current Price: Around $1.02
Optimal Entry Zone: $0.75 to $1.00
Target: $2.58 (154% potential gain)
Resistance: A breakout above this level could unlock major upside potential
Lower Support: Strong support around $0.50
Two Potential Scenarios:
Scenario 1: A breakout and daily close above $1.10 will trigger a strong buy signal.
Scenario 2: A retest of the lower level between $0.75 to $0.95 offers an opportunity to accumulate.
Strategy:
To maximize gains while minimizing FOMO, consider buying 30% at the current price (CMP) and adding the remaining 70% if either of these scenarios plays out. This way, you’re positioned for profit regardless of the market's direction.
A breakout above this key resistance could see SUI reaching new highs.
This is a setup worth watching, especially for those looking to accumulate on retests.
Please keep it on your radar!
Not financial advice. DYOR!
Want more setups for spot and futures? Follow me and like this post!
Thank you
#PEACE
SUI-eat impulse!?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Testing a larger flipped level here so holding above this level (1.45) would be ideal. For the Elliott wave, it has not yet reached a most likely target for a wave 3, so it is still in ZigZag territory. A push up to that level and I would look back to (1.45) to plays as support for the wave 4.
Trade Safe,
Trade Clarity.
SUIUSD gave the final bullish break-out signal to $2.700A month ago (August 13, see chart below) we gave the first bullish break-out signal on Sui (SUIUSD), as the price broke above its Lower Highs trend-line:
As you can see, it re-tested the trend-line to confirm it as a Support and, as expected, it held giving way to a break above the 1D MA200 (orange trend-line) on Sunday. That is the second and final bullish break-out signal.
As per our original analysis, our Target remains $2.700, marginally below the 1.236 Fibonacci extension, as it happened with the March 27 2024 High. A Channel Up to guide the price there is the most likely pattern to emerge. Watch also for a potential 1D Golden Cross by the first week of October.
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SUI NEW UPDATE (4H)This analysis is an update of the analysis that you see at the bottom, in the "Related Ideas" section.
The momentum of the fall has decreased and we have signs that the SW has formed. Therefore, we will look for buy/long positions above SW L.
The purpose of this correction was time, not price.
We are looking for buy/long positions in the green range.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
SUI, the poseidon of the seas SUI, SUI, it falls like a water-fall and trend up like a tsunami.
Breakout successful of the recent downtrend from $2
Aggressive recovery after an 80% drop
If we break $1.17 we should be looking north of $2.5 somewhere close to or $3
Will the earthquake break $1.17 and a tsunami induces taking us to $3 ? let's see !
Team behind = Ex meta engineers
Tokenomics are not the best but we can live with that
22 million holder !
Solid project with potential
See you up there, somewhere !
"That's it, that's the idea" - Good night !