SUIUSDT trade ideas
SUI target 2.14h time frame
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SUI is getting support at 0.618 Fibonacci Projection which made of the wave from 0.36 to 1.7. Furthermore, SUI also retested the 0.382 Fibo Projection twice, that is measured by the new and smaller wave. These retest present great support for SUI at 1.36~1.5, and allow us to set up a comparable well trading plan.
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TP: 2.1~2.2
SL: 1.33
LONG #SUIUSDT upward trend movementLONG #SUIUSDT from $1.7247
30m TF. The SUI asset continues to confidently maintain an uptrend of movement, even after a strong dump. There are high trading volumes, as well as increased buyer activity with a good compression to the horizontal resistance level. I expect to see a continuation of the trend and a breakdown of resistance with an acceleration of the price in the order book and further growth potential.
🔥SUI VS APT: This Pattern Works On ALL Fresh🔋 AltcoinsSui Network is the new altcoin on Binance which has an unlimited potential.
Now the price fell by -72% and consolidating inside green area. Additional bullish signal is a potential close above $0.45 key level.
The closest worthwhile target is at $1-1.25 (+170-200%). If BTC will close above 31-34k and continue its growth, SUI can easilly grow by 4-10-50x on a bull market.
💥$300M cap can easily turn into $1B or eve more how it was with Aptos.
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SUI. Cup and Handle ideaNon financial advice
I think we are reaching a good point on SUI. For me, the chart looks clear like a cup and handle, obviously, it depends on many external factors, but the trend looks good for me.
I will watch the zone around 1.50-1.39 as buy zone. From there, 2dollars should be the next target.
Will update if the trend follows the indications
SUI FORMING HEAD AND SHOULDERS PATTERN CURRENTLY ON THE NECKLINEIn this post, we'll focus on the head and shoulders pattern formed on the price movement of $BINANCE:SUIUSDT. By the time of this writing, the price is currently hitting the neckline of the pattern. I'll also provide my charting for the coin as well as target areas in my full technical analysis on this idea thread below. Stay tuned and happy trading!
Alikze => SUI | Reverse head and shoulders patternAccording to the previous analysis, after reaching the final target and after the last attempt to break the resistance, a head and shoulders pattern was formed, whose dynamic trigger and neck line were also broken, which can continue the correction to the first support area after the pullback is completed.
Reverse head and shoulders pattern
🛑Resistance: 1.7580
⛳️Tp 1:1.5625 1.5137
⛳️ Tp2 : 1.4648
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LONG #SUIUSDT ⬆️ $2LONG #SUIUSDT
1D TF. The asset is in a stable upward structure, which is clearly noticeable by the increasing highs and lows. Having reached the historical maximum of $ 2, the instrument turned around, having previously left liquidity for subsequent withdrawal. The entire large volume is distributed at the beginning of the trend, which indicates the dominance of buyers.
I am waiting for the continuation of the ascending structure with the demolition of the extremum on the round number of $ 2 per coin.
SUI/USDT Bearish is confirmed. Keep an eye wait on the key area!💎 SUI has recently demonstrated notable market dynamics, breaking down from the rising wedge pattern, a bearish signal.
💎 This indicates a potential shift towards downward movement, with a retracement back to the demand area, previously a supply zone around $1.38.
💎 If SUI manages to bounce upon reaching the demand area, accompanied by bullish candle rejections, the price can resume its upward trajectory, probability aiming to break through the strong resistance area or reach its all-time high (ATH).
💎 However, if SUI fails to bounce or breaks down below the demand area, it suggests continued downward momentum, potentially leading the price towards the Bullish Order Block (OB) area or even lower levels. Traders should closely monitor price action around these critical levels to assess future market direction.
SUI SUPPORT BROKEN BEARISH BEARISH BEARISH !?!Rising wedge has failed it's support.
Correction to the downside seems like the most probably outcome.
I EXPECT LOWER PRICES IN THE SHORT-TERM! LONG-TERM STILL BULLISH!
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Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.
Sui Very BullishWe were Squeezing back in November, We started having an outbreak in positive volume.
Once we crossed over the 50 period moving average we started a new trend. We had a golden cross and didn't have a pullback until Jan 15th where we started a correction and had a healthy touch on the .618 before continuing crushing the previous swing high finding it's way with some resistance around the 1.61 fib at 2.12
After 2.12 according to the fib extension we can look at price targets 3.20, 4.28, and 4.95 in the not so distant future.
SUI a all time high price!SUI surpass his previous highs towards the 2$ target.
The price that was broken is 1.5$ and we can dare to go up till the next possible target towards 3$ price target.
Volume are decreasing but in a up trend can be a normal sign.
If the trend persist so as it is, we can stay in position.
good trading!