SUI is playing inside a rising channelAs #SUI is playing inside a long term rising channel , with bearish divergences on Daily time frame , the we should be careful with that
SUIUSDC_3B5857.USD trade ideas
SUI long position Trade Recap: Key Levels and Projections
Entry: $4.485
SL: $4.37
TP Zone: $4.7558
Observations:
Top Zone Break:
2 candles broke $4.7558 → Signals potential bullish momentum.
Key Support: Bottom of Top Zone at $4.7570.
Targets:
T1: $4.7769
T2: $5.07
Projections:
Bullish Case:
Hold above $4.7570 → Momentum toward ATH.
Bearish Case:
Break below buy zone → Move to Next Zone starting at $4.4276.
Below that, possible dip toward $4.4276 - $7.4276 range.
BUYI sold my SUI last week because the daily MACD had been forming a very clear negative divergence. It is my profit taking rule - sell some when clear negative divergence appears in the 4H or daily. I followed my rule, but I ended up buying back yesterday.
I usually rely on the interaction between MACD and Stochastics to gauge the strength/weakness of the price move. Both indicators were clearly showing the downward move. However, RSI was stubbornly refusing to go below 50 level and RSI slow MA (Orange line) stayed horizontal and eventually started to tilt up. I started to look at the price action in the lower high frames and I could see the price was refusing to move below the bottom parallel channel.
My general bias for SUI is extremely bullish. Both fundamentals and technical set up support its long term upside move. The price may be choppy around $4.95 zone (the previous month high/previous week mid) and the price may retraced when it reaches the resistance area, but there are many layers of buy blocks sitting below. It is also good the 4 hour candle moved above and is now departing from EMA 21. The 4H MACD hasn't entered the bull zone, however, MACD lines are getting wider and wider apart as it approaches the bull zone, therefore, even though it is not confirmed MACD is in the bull zone, the probability for it to eventually enter the bull is high.
There are enough signs for bullishness. I am regretting that I sold my SUI. I followed my rule but I feel it was an unnecessary move especially I wasn't trading. That massive negative divergence in the daily chart shook my nerves! Now I bought back SUI and I plan to ride it during this Bitcoin cycle.
SUI - 1W - Sui could consolidate for a wave 4 before more upSui has been doing well since july !
Wave 3 could be done here (could)
We can notice several bearish divergences.
Sui can retrace around 3,5-3,2$ before continuing up for final wave 5.
SOLD SUI and waiting for re-entryI had been accumulating SUI since last Sept when it broke above $1.0. But yesterday I sold my SUI position. It is probably not a good idea for many, but I did.
My overall bias for SUI is extremely bullish and I believe it will go much higher once BTC decides to move up. However, both daily RSI and MACD were forming a very clear negative divergence over two months. On top of that, the price tried to reach ATH, but failed, retested the previous higher high but failed. It gave me a sign of the weaking, so I sold it.
Now, I am going to wait for an opportunity to buy back. My rules for a long entry are as follows:
I use two time frames - weekly/daily and daily/4h.
My first rule for long:
1) MACD in the higher timeframe needs to be in the bull territory which is above 0. The angle of MACD is not important. It needs to be in the bull zone.
2) Stochastics (9,3,3) in the higher timeframe needs to reset and stochastics lines need to cross and start to move upwards. It cannot be in the overbought territory. If these two conditions are met in the higher time frame, I go to the lower time frame to start looking for an exact entry point.
3) MACD lines in the lower timeframe properly cross and enter the bullzone or cross and move upwards above the bull zone. Green vertical lines I drew in the chart are good examples.
4) Stochastics (9,3,3) in the lower timeframe cannot be in the overbought territory.
5) if the price is taking off from the critical area such as EMA21and resistance/horizontal/trendline, it even confirms it is a good area of entry.
Crazy SUI idea to $72SUI chart is very interesting and I think its possible that it will be one of the biggest gainers this bull market. My top pick is still ICP but I like SUIs chart. If we break the trend line I think the sky is the limit.
Not investment advice. Please do your DD.
SUI (Sui): Bullish Momentum as Price Nears Key🔥 Potential Price Targets for Next Month:
🩸 Near-term Goal: $5.00
🩸 Long-term Goal: $4.50
🔥 FinCaesar's Strategy:
🩸 Long: Above $4.50, targeting $5.00 and $5.50. The bullish MACD momentum and strong EMA support further gains.
🩸 Short: Below $4.50, targeting $4.00 and $3.50. A breakdown could signal a potential reversal.
🔥 FinCaesar's Commands:
🩸 Resistance: $5.00 — The key resistance to overcome for bullish continuation.
🩸 Support: $2.67 — A breakdown below this could lead to deeper downside.
Sui is currently in a bullish phase, with MACD momentum indicating further upward pressure. If the price can break through $5.00, expect further gains. However, if $4.50 holds as support, expect a potential consolidation around $4.50.
👑 "In the face of strength, precision is key—seize the moment." — FinCaesar
SUI Intermediate Short TradeHowdy everyone!
SUI has been on a tear!
Well, I think that BTC is showing a nice sized reversal before the final parabolic phase of this bull market. I also think that SUI has hit an area of interest, and it is way overbought.
I think that shorting as close to the current 4.236 of this fib sequence at $5.26 is ideal.
Entry - As close to $5.26 as possible. Once we get further confirmations, there will be multiple areas that you can enter a short. I am attempting to catch the reversal here. My take profits are based on catching the reversal.
Take Profit = TP
TP 1: 3.26-3.72
TP 2: 2.85-3.02
TP 3: 1.98-2.50
TP 4: 1.24-1.65
Stop Loss: Above current ATH of $5.36
This depends on how big of a correction that BTC gets. We have a monthly shooting star on BTC, and BTC is showing head and shoulders on multiple timeframes (1D, 2D, etc.)
Thank you and please trade safely!
$SUIExpecting a retracement on CRYPTOCAP:SUI at this point.
Justifications:
-Bearish Divergence 1H and 1D
-Volume to price divergence 1D
-Potential Cypher Pattern
-Overbought level at 4H
SUI is about to FLY HIGH!So, there was a lot of FUD about SUI being rejected at the $4.98 resistance level and yesterday it passed it. Today we are seeing a healthy test above $5.00 which means that support will now be $4.98 and an upward climb to $10.00 shall commence. Im loading up bags at the daily/weekly close today once the above is confirmed. as long as BTC doesn't go bearish then there is no reason SUI wont continue this climb. Definitely a great opportunity on a solid project. -This is not financial advice...
Sui to $8.20Sui has been on an amazing uptrend over the last 6 months. $4.85 was quite the resistance and should now become support as those who sold will be looking to buy back any retest of that area. It's also a great area for you to buy and look to sell up near $8.20.
SUI/USDT: Breaking Out Towards Higher HighsThe cryptocurrency SUI is building strong momentum, with its USDT pair (SUI/USDT) showcasing encouraging price action. Here’s a detailed look at the current technical outlook and potential scenarios:
Price Action Highlights
Ascending Channel: SUI/USDT is trading within a clearly defined ascending channel, maintaining respect for both upper resistance and lower support boundaries. This pattern highlights the prevailing strength of the uptrend.
Breakout Confirmation: The pair recently broke out of a consolidation phase, specifically a triangle formation, signaling bullish continuation above the critical $5.00 level.
Target Projection : Given the current trend, the next target lies just below the $10.00 level. The ascending channel and breakout momentum provide strong technical support for this bullish scenario.
⚠️ Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial advice. Conduct your own research and consult a professional before making any investment decisions.
SUIUSD Still holding the 1D MA50 after 4 months! Bullish to $10.Sui (SUIUSD) has been trading within a Channel Up since the August 05 2024 market bottom. The last 10 days of December are seeing a vicious test of the 1D MA50 (blue trend-line), which is so far holding as Support.
In fact the last time we had a 1D candle close below it, was 4 months ago (September 05 2024). With the 1D RSI making a bullish reversal and breaking above its MA (yellow trend-line) while the 1D MACD is about to make a Bullish Cross, both indicators in similar fashion as the bottoms of October and September 2024, we treat the current consolidation above the 1D MA50 as the strongest buy signal of the past 2 months.
The previous two Bullish Legs both rose by exactly +219.25%, so our Target is currently a little below that margin at $10.000.
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#Sui $SUIUSD Short-Term AnalysisAnticipating CRYPTO:SUIUSD to seek demand where the closes major demand zone is located close to 2.40
#SUI #SUIUSD # CRYPTO #CRYPTOUSD #CRYPTOANALYSIS #AHMEDMESBAH #SUPPLYANDDEMAND
Ascending Triangle on SUI?SUI is showing promising signs of forming an ascending triangle pattern, a classic bullish technical formation that traders closely monitor for potential breakouts. This pattern emerges as the price continues to make higher lows, indicating growing buying pressure, while encountering resistance at a consistent horizontal level. The tightening price range suggests an impending decision point as bulls and bears battle for dominance.
With trading volumes often playing a critical role in confirming the breakout, it’s essential to watch for a surge in activity near the resistance zone. If SUI successfully breaks above the resistance, it could signal a strong upward momentum, potentially taking the price to new highs. However, it’s important to remain cautious, as false breakouts can occur, and any sustained movement below the lower trendline could invalidate the pattern.
Overall, the ascending triangle pattern reflects increasing investor confidence in SUI. Patience and disciplined risk management will be key for traders looking to capitalize on this setup. Keep an eye on key support and resistance levels, and prepare for potential volatility as the pattern approaches its apex!
SUIUSD: The 1D MA50 held again. Bounce incoming.SUI turned stayed bullish on its 1D technical outlook (RSI = 58.166, MACD = 0.287, ADX = 25.285) as the short term pullback stopped right on the 1D MA50, touching it for the first time since November 5th. This kept the Channel Up intact while the RSI hit and bounced on its own 4 month S1 Zone. This is the buy signal for the new bullish wave. We are bullish and aiming for the minimum +140% increase (TP = 7.000).
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SUI worthless VC garbage coin back to 1.90 rangePlease don't get sucked into this shitcoin. This project has NOTHING going for it and is completely overvalued at 3B$ market cap
[SUI] with another (+45%) to (+85%)Sui looking great for continuation with strong momentum and moneyflow increasing, it broke the accumulation for almost one and a half years indicating a possible reach for higher prices. Despite some daily bearish divergences that could lead a drop to $4 again, in the next months it will possibly reach the target.The target is between 3.618 and 4.618 fibonacci extension levels and a measure move from the lows to the highs of the accumulation.
TARGET: $7.0388 to $8.8564 up to (+85%)
Is it me you are looking for? #SuiHold hold hold, put on your seatbelts!! Can you see the explosion coming!!
Just a thought - not advice #SUI #solKiller
The pull back is on point #suiLooking for the pull back to build up volume then we are going to $5 babbbyy 🎉😃🚨🚨#sui #sui #solkiller
