SUIUSD starting a handle to the cup it just formedI placed the measured move line arbitrarily where price action would usually tend to break up from the handle of a cup of this size, if it does validate a breakout anywhere near there the target should be around $4.32. If bitcoin is cleared for takeoff soon and resumes the uptrend/bull market there’s a chance SUI could break out of this cup and handle pattern sooner than that. Also a chance after SUIs meteoric rise that it could continue to consolidate while the rest of the market pumps as well. My hope is the handle sui is now forming is similar in depth to the handle bitcoin has been forming since march, if so I will wait for a good correction before buying any additional sui myself. *not financial advice*
SUIUSD
Above 360% with SUI strategyNo predictions, no telling the future, just automation with strategy. SUI has been volatile in 2024, alternating between downward corrections and growth. Taken together, how much profit do you make from SUI? Backtesting results for this strategy for SUI came in at 367% (commission included) as of January 1, 2024. Quite interesting! Strategy S1-TM is available to check.
#SUI/USDT / Ready to go up#SUI
The price is moving in a descending channel on a 15-minute frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at a price of 2.20
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 2.27
First target 2.32
Second target 2.37
Third target 1.45
SUI price need correctionCRYPTOCAP:SUI price has fulfilled all of its goals and even more.
Now, according to the canons of TA, the OKX:SUIUSDT price should correct and "test" the liquidity zone of $1.90-2.30.
And from there, the pair could continue to grow and update the ATH.
The critical level for the trend to continue is $1.60
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SEIUSDT - similar coin to SUIIn weekly chart u can Find many things are similar
U can notice that SEI follows SUI in price action
- Same pattern (breaking out the falling wedge pattern)
- Similar in name (SEI) - (SUI)
- Same in the Low and Higher low
SEI take more time in price action to follow SUI
If SUI make New ATH then SEI will do it too
It's programed ... it's matter of time
Best regards Ceciliones🎯
Is SUI the chosen Blockchain of the Banana ZoneThere is a well-defined inverse head and shoulders pattern forming on the CRYPTOCAP:SUI to CRYPTOCAP:SOL USD ratio chart.
The neckline sits at 0.16, a level we recently touched and then pulled back from, marking it as a significant barrier to overcome.
Our linear target is set at 0.0282, indicating a notable potential increase of +83% on the ratio.
Looking further ahead, the logarithmic projection reaches up to 0.064.
At that stage, we can imagine our friend Raoul Pal celebrating in triumph.
SUIUSDT - Respectable!We analyzed it previously and predicted that it would fall at the level of 1.59 when it was at the previous ATH (2$) and it touched our target, respectably!!.
then we benefit of 82% profit untill now
u should check it
. This correction that we predicted was necessary to complete our journey to $5
I see now we are going higher
$5 is a definite target and I will update when I hit it🎯
Best regardes Ceciliones🎯
The Banana Zone Series - SUI Buy the Dip Levels (6 of 10)Alt-season is here. BTC breakout has been confirmed. If you missed positioning for the next level of exponential moves, what are some of the buy the dip zones while still have time for the bigger moves into the banana zone.
We continue the series with SUI.
As you can see in my analysis, pull backs to $2.57 and below is my new accumulation zone. I will initiate some leveraged longs for new trades in preparation for the moves to the banana zone in the alt season.
For more aggressive traders, $2.79 and below can be the trigger longs with tight stops.
Not a financial advice so DYOR.
$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
SUIUSDT Long Setup Setting / Quick tradeBINANCE:SUIUSDT
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status🙂
👾Note: The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone: 1.872-2.1035
⚡️TP:
1.9517
2.02
2.1035
🔴SL:
1.7654
🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
#SUI/USDT#SUI
The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a downtrend 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 1.87
Entry price 1.91
First target 2.00
Second target 2.05
Third target 2.14
#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 1.95
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 2.03
First target 2.13
Second target 2.23
Third target 2.35
#SUI/USDT
#SUI
The price is moving in a descending channel on the 4-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a descending 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 1.79
First target 1.88
Second target 2.03
Third target 2.16
$SUIUSDT : Ready for a Comeback Breakout!BINANCE:SUIUSDT is attempting to break out from resistance after a recent false breakout and subsequent retracement. With layer 1 blockchains gaining momentum, there’s potential for a significant upward move. Traders should keep an eye on key resistance levels as the price makes this push.
It's crucial to manage risk effectively: always use a stop loss and only invest a small portion of your capital in any trade. This approach will help safeguard your investment while positioning you for potential gains. Follow us for more signals!
BINANCE:SUIUSDT Currently trading at $2
Buy level: Above $2
Stop loss: Below $1.45
TP1: $3
TP2: $4.5
TP3: $6
TP4: $7
Max Leverage 3x
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SUI, bound for SUI-PER gains soon, multiple x prospect!SUI has corrected heavily this past few weeks after touching a parabolic high at 2.0 zone. It trimmed down weightily to 0.6 area -- almost x3 from its highs.
Now, SUI is hinting of a massive reversal after recent price breakout on its persistent bear channel structure.
Expect some significant price recovery from the current zone of 0.80 with a possible re-tap of previous highs at around 2.0 ++.
The current price point is an attractive seeding opportunity. This is a major order block where buyers will converge now. SUI visual data diagram is too tidy to be missed. The clues are obvious.
Spotted at 0.80
Interim target set at 2.0
TAYOR.
SUI roadmap (1D)It seems to be forming a bullish diametric since SUI was listed on the exchanges.
According to each wave of this diametric, such a movement is expected from SUI.
We have two demands in which we are looking for buy/long positions.
For medium-term buy, low demand is suitable.
Closing a daily candle below the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You