SEIUSDT.P trade ideas
Potentially huge rally in $SEI brewingMy chart is a pair analysis, showing the ratio of SEIUSDT to TOTAL3 (multiplied by 10^15 to make scale visible). It shows that SEI is a "high beta", "momentum" coin relative to the rest of the market and trades very cleanly, respecting moving averages.
I see a potential for SEI to outperform the market by as much as 500% over the coming weeks/months. Could mean anything between 10x and 100x in absolute terms, assuming the market rallies as well. The trigger would be a break of moving average to the upside.
SEIUSDT's Next Move Could Be a Massive Opportunity For YouYello! Are you ready to capitalize on #SEIUSDT’s next big move? The asset is about to reach a crucial moment that can make or break it. Let's dive in.
💎#SEIUSDT is currently compressed between the falling wedge's trend lines, and we're expecting a bullish breakout soon. Why? Because of increasing volume and improving macro market sentiment.
💎The 50EMA is about to cross and the POC of the VRVP is also reinforcing this bullish bias by acting as a support in the major support zone.
💎Now, what if #SEI gets rejected by the upper trend line of the falling wedge? We might see a retest of the bullish order block (OB) at $0.303. This area has consistently provided strong support for #SEI, packed with liquidity.
💎However, should TSXV:SEI fail to rebound from $0.303, the next critical level to watch is the lower support at $0.23. The probability of a rebound from this level is significantly higher.
💎But if #SEI continues to fall, the bears will take control, potentially leading to a bearish continuation.
Paradisers, always be prepared for any market scenario and stay disciplined in your trading strategy.
MyCryptoParadise
iFeel the success🌴
SEI - Altcoin Setup 16.07.2024I longed some SEI with low leverage, spot is also possible as this has a wider stop loss. I have been talking about this kind of reaction after the latest pullback in the last live stream and SEI was moving very well after this.
We flipped the resistance and the bearish structure and got the retest and thats my trigger there. ✅
SEIUSDT IdeaThe BINANCE:SEIUSDT price is currently consolidating within a wedge pattern, as shown on the chart. Market buyers are actively increasing trading volumes, suggesting a potential breakout above the ascending channel's resistance level.
The ongoing battle between buyers and sellers continues in both the BITSTAMP:BTCUSD and BINANCE:ETHUSDT markets. Based on current market conditions, it's possible that we could see Bitcoin reach the $60,500 price range within the next two days.
SEI UP 15% but time to SHORT This one is for the Risk takers.
Ride the wave back down. BTC is BEAR and SEI will follow. SEI went parabolic for the day showing its great potential, but it’s going to fall as BTC drops the market.
Long term it’s a great project but short term it’s going to retrace and make a great scalp.
SEI: buy over .35 Sell under .27 for a quick 15% or more. Use the SL and give it some patience. If it goes to .40 we double down.
Good Luck
SEI - Possible bottom at 30 cents?So a bit hindsight but I had this chart unchanged for the last few weeks. Anyway, as you can see SEI formed a nice triangle pattern on daily timeframe for the last few weeks and it seems we are about to reach its estimated target later this day, whch would be around 30 cents.
Will open a long position if we get there, really should not drop any lower.
Stay safe!
SEI - Breakdown Target ReachedWe have been watching SEI's bull market liquidity zone between $0.28-0.32. This is also in confluence with the 0.786 from its macro move.
Sadly, We came within $0.01 of the liquidity zone meaning we missed the perfect retest from a chart perspective. Still, seeing us bounce and find liquidity wanting to front-run that level shows there is a lot of demand for SEI at these prices. A lot of patterns that we have been watching have played out for SEI as we have been pointing out in the charts.
We should expect higher prices for SEI as long as the bottom of our descending triangle ($0.45-0.46) does not act as a new resistance ceiling.
SEI Testing Key Support LevelsThe price of SEI against USDT is currently at 0.3601. After a strong increase at the end of 2023 and the beginning of 2024, there has been a long-term downtrend. On the chart, there is a significant support level in the range of 0.30-0.35 USDT, which has been tested several times, and currently, the price is again near this level.
I like that the price is back at support... Bitcoin is trading around $64,000 and may drop to $60k... we'll see how altcoins react to that. But for now, SEI is still bullish for me. I think we could at least reach $3
#SEI/USDT#SEI
The price is moving in a bearish channel on a 4-hour frame and is holding it strongly and is about to break it upward
We have a bounce from the green support area at 0.4000
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is about to break higher and supports the rise
Entry price is 0.4177
The first target is 0.4730
The second target is 0.5192
The third goal is 0.5666
#SEI: Descending Channel Breakout - Our Trade RationaleWe've decided to enter a trade on #SEIUSDT after identifying a promising technical setup that indicates a potential breakout. Here’s a detailed explanation of our decision:
Descending Channel Breakout: SEI has been trading within a descending channel for several months, and it has recently broken above the upper trendline of this channel. This breakout suggests a potential reversal in the downtrend and the beginning of a bullish phase.
Volume Confirmation: The breakout is accompanied by an increase in trading volume, adding credibility to the move. Higher volume during a breakout is a strong indicator that the new trend could sustain.
Bullish Candlestick Pattern: The chart shows a series of bullish candlesticks forming right after the breakout, reinforcing the bullish sentiment and signaling further upward momentum.
RSI Signal: The Relative Strength Index (RSI) is trending upwards but remains below the overbought territory. This suggests that there is still room for further price appreciation without the risk of an immediate reversal.
Risk-Reward Ratio: Our entry point at $0.5607 is well-positioned, with a stop loss set at $0.4292 to manage downside risk. The target price is $0.7660, providing an attractive risk-reward ratio for this trade.
In conclusion, the technical indicators and the positive breakout pattern present a compelling opportunity in SEI. With a well-defined risk management strategy, this trade aligns with our overall trading plan. Let's see how this plays out!
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Triangle pattern nearing a breakSEI experienced a fakeout above the triangle and then instantly dropped back down. The price managed to hold at the support trendline, maintaining the integrity of the pattern. The resistance level is currently at the $0.54 area. The triangle is now approaching a critical decision point, and it's essential to monitor which direction the pattern will break. The main support levels to watch are $0.47 and $0.40.
SEI/USDT PLAN It appears that the Sei/Usdt pair is potentially gearing up for an upward movement. The price is currently trading within a triangle pattern, suggesting a possible breakout to the upside. If this breakout is successful, a bullish move of 30-60% could be anticipated. It's important to note that this information is not financial advice, and it is recommended to conduct your own research (DYOR).