Sui Head and shoulders look like it froming Head and Shoulders pattern
NFD
this is only what i see
happy trading
SUIUSDT trade ideas
sui bullish af
In the previous post about this coin, I mentioned the removal of liquidity, after which anything can be expected, as is often the case. Now we are removing liquidity from the bottom, after which I would anticipate a liquidity removal from the top, given that the coin is actively growing and has a wide-ranging weekly candle. We can also make some assumptions based on Fibonacci levels.
SUI Drops 6% But Bulls Are Fighting to Beat the Negative Trend BINANCE:SUIUSDT is attempting to break above a short-term negative trend line on its 4-hour chart. However, bears are exerting a lot of sell pressure on the altcoin, as evident by the wick present on the current 4-hour candle. As a result, SUI is resting on the key support level at $1.2270.
Should the SUI price manage to break above this trend line, it could look to enter into a brief consolidation period between $1.2270 and $1.3700. During this time, traders will either drag the altcoin’s price down further or bulls will begin to buy back into the crypto.
A potential confirmation of a bullish move will be if the SUI price breaks above $1.370 to signal a long entry. In this scenario, the altcoin may rise to the $1.4995 resistance level in the following 24-48 hours. On the other hand, a drop below $1.2270 may trigger a short entry. This bearish scenario may lead to SUI falling to the subsequent support level at $1.0685 in the following couple of days.
Sellers Still Have the Advantage
Technicals on SUI’s 4-hour chart suggest that sellers have the upper hand against buyers. Both the Moving Average Convergence DIvergence (MACD) and the Relative Strength Index (RSI) are flagging bearish.
The MACD line is breaking away below the MACD Signal line, which could be an indication of SUI’s bearish trend continuing in the next 24 hours. In addition to this, the RSI is breaking away below its Simple Moving Average (SMA). Traders generally take this as a sign that sellers have an advantage over buyers and that sellers are growing stronger. Nevertheless, the RSI could soon enter into oversold territory, which may be seen as a buy opportunity.
SUIin from the val, will look to close 70% of my position in the red box and open a short to ehdge my longs to compound them on a pullback if we get it.
Will Sui Continue its Upward Trend?
Over the past week, NYSE:SUI has surged by 100%, reaching a yearly high of $1.45, where new resistance has formed. Currently, the asset is trading close to this resistance zone, and given the absence of significant corrections in the asset's chart recently, there is a possibility of a minor retracement.
However, considering the growing TVL in the Sui network, significant activity within the DeFi ecosystem of this blockchain, and the absence of negative developments surrounding the primary cryptocurrency, the most likely scenario is the continuation of SUI's upward trend. The next target for buyers would be the $1.5 price level.
In case of a temporary correction, NYSE:SUI could retrace to support zones ranging from $1.22–$1.27, $1.14–$1.19, and $1.09. If the overall crypto market conditions remain stable, the decline in SUI should be viewed as a potential buying opportunity in the spot market.
Liquid-staking > Bitcoin ETF? Why did some coins do well?Trying to make sense of what happened this week in the markets - glad that Tezos is getting some shine but what made this week interesting is that it coincided with Bitcoin's ETF - news which didn't really help Bitcoin all that much but it helped a *select few* coins, while most of them actually went down.
My gut tells me that both $XTZ and NYSE:SUI have something "normal people" want - which is basic, L1 liquid staking that allows people to earn "interest" on their money in a way where they don't have to lock it up. (Don't get me started on ETH on this one, lol.) LSE:TIA might've gotten some attention because they were marketing their liquid staking protocol recently but it's similar to other workaround solutions where you get tokens instead of the actual coin itself.
I think it's safe to say that most people won't bother with L2 staking since managing sub-tokens within a currency itself is just too much work, and too much risk. This is mostly just a hunch the hypothesis right now is that some of the money that was supposed to flow into Bitcoin ETFs took a closer look at saw liquid staking as something potentially appealing since it's one of the few things in crypto that's easier to understand. What do you think?
sui jan 15Practicing catching the right amount of a trade. Practicing catching the right amount of a tradePracticing catching the right amount of a tradePracticing catching the right amount of a tradePracticing catching the right amount of a tradePracticing catching the right amount of a tradePracticing catching the right amount of a trade.
buy the top crypto pair >10% per dayopen the screener show all crypto pairs (PERP Futures)
look at the top 5 pairs
then see when on prior day there was a low and when the high was
then simply set an alert to buy and sell every day till the trend ends (no gain >5% per day)
Rounding bottom on a weekly TFHello dear traders. I noticed a giant rounding bottom on a weekly timeframe.We will see how it will play. Good luck.
Reward one (SUI)📊Analysis by AhmadArz:
in direct to up-trend
R/R=1
🔍Entry: 1.259
🛑Stop Loss: 1.193
🎯Take Profit: 1.324
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
$SUI Spot Trade IdeaWhen I consider the 4-hour closures, I see a pennant-like structure.
I want to wait for it to go down to the previous FVG area and take long positions from there.
SUI Rally Mode: Your Chance to Buy and Prosper!"**Short Fundamental Analysis of Sui Coin (SUI)**
**What is Sui Coin (SUI)?**
Sui is a Layer-1 blockchain and smart contract platform designed to address the limitations of existing blockchains in terms of speed, scalability, and security. It is built on a novel object-centric model and utilizes the Move programming language, which enables parallel execution, sub-second finality, and rich on-chain assets. Sui's horizontally scalable architecture allows it to support a wide range of applications with low transaction fees.
**Key Features of Sui Coin (SUI)**
* **Fast and Scalable:** Sui's unique architecture enables it to process transactions at a high throughput, making it suitable for supporting a variety of decentralized applications (DApps).
* **Secure and Private:** Sui employs advanced cryptography and security measures to protect user data and assets. Its Move programming language is designed to prevent common programming mistakes that lead to security vulnerabilities.
* **Efficient and Cost-Effective:** Sui's horizontally scalable architecture and efficient transaction processing significantly reduce transaction fees, making it more attractive for users and developers.
**Recent News**
* **Sui Integrates with Chainlink Oracles:** Sui has partnered with Chainlink, a leading oracle network, to provide reliable and tamper-proof data feeds for its smart contracts. This integration will enable Sui-based DApps to access real-world data securely.
* **Sui Announces Decentralized Exchange (DEX) Launch:** Sui is launching its own decentralized exchange (DEX), which will allow users to trade SUI and other cryptocurrencies directly on the Sui blockchain. This will further enhance the utility of the Sui platform.
* **Sui Team Contributes to Move Language Development:** The Sui team is actively involved in the development of the Move programming language, contributing to its improvement and adoption. This commitment to innovation ensures that Sui remains at the forefront of blockchain technology.
**Investment Disclaimer**
Please note that this information is not intended to be financial advice. Cryptocurrency investments are inherently risky and there is no guarantee of returns. Always conduct your own research before making any investment decisions.
SUI bullishIn the wake of daytime duties, liquidity was consequently withdrawn, and by the same logic, it should be withdrawn even higher. I cannot specify how much higher, I can only suggest a Higher high
Looking short after a failed BreakoutLooking short now after a failure to breakout at 1.2 Hourly support at 1.12 is the target, and a possible breakdown from there. Tight risk right here at the breakout level, have to watch out for quick wicks.
SUIUSDT Evaluating Bullish Prospects from Demand Zone? 👀🚀SUI💎 Paradisers, let's delve into #SUIUSDT, which is currently exhibiting a fascinating pattern. Situated in a demand zone, SUI shows a strong likelihood of embarking on a bullish journey.
💎 Our recent observations reveal that #SUI has successfully executed a Market Structure Shift (MSS) and surpassed a formidable supply level at $0.7828. This level has now transformed into a demand zone. If NYSE:SUI can maintain its momentum above this zone, it stands a high chance of reaching and potentially surpassing a major supply zone above.
💎 However, it's crucial for astute traders like us to always have a Plan B. If #SUI is unable to sustain its momentum above the demand zone, we should be prepared for a different scenario. This would involve expecting a bullish recovery from a lower support level at $0.7244. Be mindful, though, that breaking below this support could trigger a significant bearish movement. 🌴💰
SUIUSDTWhat Is Sui (SUI)?
Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the bottom up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object-centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing, user-friendly experiences.
SUI/USDT buy setupcrypto start new journey after long waiting ETF approval , sui enter bullish zone breakout after 15 days of re accumulating for next move expecting 40% from current price targeting 1.33$ for potential target looking for 1.5$ as final target
entry at DCA box
stoploss below 0.85$
Mock Up Price Action for SUI | Mid Term (12HR)Mock Up Price Action for BINANCE:SUIUSDT | Mid Term (12HR)
- Watching and waiting for opportunities to enter short
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
SUI - This ALT can EASILY x100📉Hi Traders, Investors and Speculators of Charts📈
I've been focusing on altcoins with use case and good upside potential and SUI is one of them. Although SUI has recently increase 70%, this altcoin can still increase exponentially from here once the market cap picks up.
Endorsed by Ledger; Sui is a decentralized layer 1 blockchain that uses a specific type of proof-of-stake consensus named delegated proof-of-stake. Sui is a unique blockchain using the Move language and parallel transaction execution, which allows it to process transactions much faster than its competitors.
In short, Sui aims to increase its scalability without compromising on security by using a combination of the native programming language Move, parallel processing of transactions, and delegated proof-of-stake consensus mechanism.
This way, Sui allows for fast, private, and secure digital asset ownership accessible to everyone.
The nascent project has a flourishing ecosystem of dApps ranging from NFT and DeFi to GameFi. With scalability and fees remaining a concern, more and more developers are expanding out to other ecosystems. SUI is a solid project and over time more and more people will start to build on it - and use it.
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CryptoCheck
BINANCE:SUIUSDT
Top Gainers Today : SUIMarket is Down, but SUI/USDT is pushing higher.
What Is Sui (SUI)?
Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the bottom up to make digital asset ownership fast, private, secure, and accessible to everyone.
Who Are the Founders of Sui?
Mysten Labs, the original contributor to Sui, was founded by by former executives/lead architects of Meta’s Novi Research (the team responsible for Diem blockchain and Move programming language): Evan Cheng; Adeniyi Abiodun; Sam Blackshear; George Danezis; Kostas Chalkias.
What Makes Sui Unique?
Through features such as horizontal scaling, composability, sparse replay, and on-chain storage, Sui’s architecture solves pain points common to first generation blockchains.
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We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Disclaimer
one of my favorite I prefer to see it takeout that wick heading into month end, and rally into 0.95 early Jan. This one is the most underperformed L1 (new coin) this year. But i expect it to run hard in coming months.
