Elliot wave pattern on Sui.Im new to trading, but it looks like Sui is on a path to $8. What are your thoughts? Also, it looks as if we are about to go to levels on the Usdt.d chart that we haven’t seen in a while. #altseason
SUIUST trade ideas
Where To Buy SOL MartyBoots here , I have been trading for 17 years and sharing my thoughts on SOL here.
SOL is looking very good here as it builds pressure before this next move up, very strong chart for more upside
Very similar to SUI which is up 30% + this week
Do not miss out on SOL as this is a great opportunity
Watch video for more details
Sui hits $4 ATH. What's next?Sui has been gaining significant attention from investors. Riding the wave of Bitcoin’s new all-time high, Sui also reached record levels. Since the U.S. election, the altcoin has surged by an impressive 118%, setting a new all-time high.
Sui has delivered remarkable returns of 760% since August, placing it among this year’s best-performing altcoins. Over the past month, it has traded within a tight range of $1.84 to $2.37. However, during the U.S. election, Sui broke out, climbing alongside Bitcoin and other altcoins. A few hours ago, it reached a new peak of $4.04.
Despite this milestone, Sui’s momentum has slowed, with minimal price changes since. On the daily chart, the Relative Strength Index (RSI) is at 74.32, suggesting bullish sentiment. Similarly, the Average Directional Index (ADX) has climbed to 23.28, indicating the potential for further gains.
While technical indicators remain positive, the trading volume tells a different story. Daily volume has fallen by 13.27% compared to the previous 24 hours. Despite this, Sui’s price has risen by 2.39% and is currently trading at $3.84.
Sui has been a top performer this year, delivering exceptional returns. However, with investors beginning to take profits, selling pressure may lead to a correction. Key support levels to watch are $3.19 and $2.90, with stronger support at $2.30 if the decline intensifies.
On the other hand, if Bitcoin continues its rally and draws more buyers into the market, Sui could defy expectations and surpass its recent all-time high.
SUI has more potentialShown on the 12 hour here, SUI I believe has more potential.... based on the current news narratives. VanEck just added SUI to two European funds. I think SUI will pump up from the short squeezes...
SUISUI-USDT
Buy entry at the current price with part of the capital 🟢
Objectives:
$4.26
$5.2
Stop loss:
$3.3
SUI LONG H4Sui 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.
Currently gearing up for further expansion.
$SUI Breakout: Bullish Rally in Sight!CRYPTOCAP:SUI Breakout of this symmetrical triangle pattern, confirming bullish momentum!
📈 Entry: Accumulate above $3.80
🎯 Targets:
Midterm: $5.00 (30% upside)
Long-term: $6.25 (60% upside)
🛡️ Stop-loss: $3.45
Available for both spot and futures trading. A confirmed breakout indicates the potential for a strong rally ahead. Use proper risk management!
ABOUT CRYPTOCAP:SUI
CRYPTOCAP:SUI is a next-gen blockchain designed for high-speed transactions and scalability, catering to decentralized applications and new-age financial systems.
About SUI:
Sui is a next-generation blockchain designed for high-speed transactions and scalability, catering to decentralized applications and modern financial systems.
Disclaimer:
This information is for educational purposes only and should not be considered financial advice. Cryptocurrency investments carry significant risk; conduct your own research (DYOR) and consult with a financial advisor before making investment decisions.
#Crypto #Altcoins #SUI
2.4 RRSui looks to be coming down. This is not the best range, however the time frames held on the top are not nearly as strong as the support on the bottom.Could be a good trade!
SUI/USDT.P Insights - Long PositionSUI/USDT.P Insights - Long Position
See entry details below. Forming mini wave 4 (correction).
Confluences:
- 4H MSS
- 4H Sell Side Liquidity Sweep
- 4H Order Block with Fair Value Gap above it
- Order Block is within the OTE Level
Risk only 5~10% of capital.
Leverage: 10x~20x
SUI/USDT: Momentum is Building🔥 #SUI/USDT: Momentum is Building! 🔥
CRYPTOCAP:SUI The breakout from the bullish flag formation signals a strong continuation setup. This is an excellent opportunity for traders to capitalize on the momentum as the price gears up for higher levels.
🎯 Targets:
Target 1: $4.9743
Target 2: $5.8885
Target 3: $6.8116
Watch for potential pullbacks as opportunities to enter, and manage your trades with a disciplined approach to stop-loss levels. Let’s aim for the targets together
SUIUSDT.PMEXC:SUIUSDT.P chart already formed a EQL, it should be a inducement on H4, we're looking for a LONG position after it take this EQL.
EN: $3.1129/ 2.9795
SL: 2.8859
TP: 3.9287
RR: 4.6
Confirmation based entry only!
#SUI Cup with handle📊#SUI Cup with handle 📈
🧠From a structural point of view, we have built a bullish cup with handle near the support area, so we may continue to rise according to this structure. The red area is the target area of the long structure in different cycles, so we need to be wary of the selling pressure here.
Let's see👀
🤜If you like my analysis, please like💖 and share💬 BINANCE:SUIUSDT
SUIUSDT FULL TP DONESUIUSDT chart was shared in previous updates. It exactly filled our entry zone and full TP done.
Scalping SUI for Longs!A small scalp of SUI where buy beings now and will cruise to the top as stated
Call #1 SUIUSDT - Soon Breakout from this Zone.Call #1 2nd DEC2024
BINANCE:SUIUSDT - We should soon see a breakout from this zone. Looking very attractive from this point. Going to be a good rally in my opinion from here. All the Best
Entry Zone's $3.30 - $3.39.
$SUI Set for Shallow Retrace – Targeting $15CRYPTOCAP:SUI ( BINANCE:SUIUSDT ) Update:
I’m expecting a retrace on this one. If it starts trading below $2.65, that’s my first level of interest, with a potential drop down to $2.34 if it gets there.
I expect the retrace to be shallow, rather than the usual 50% pullbacks.
Long-term, I’m aiming for double digits, with a target closer to $15.
SUI long scalpdue to SUIs bullish structure im entering off a 30m OB and targeting the next bearish one, this is a scalp so advise to take profits once you feel comfortable. Max tp around 40%roi on 10x lev GL!
SUI wait for entry
SUI has successfully broken the weekly resistance level, and a retest appears highly probable.
Let’s wait patiently for an entry opportunity, expected within the highlighted yellow area on the chart.
Take-profit and stop-loss conditions are also outlined in the chart for reference.
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
SUI / USDT: bouncing back from support and eyeing a breakout abvSUI/USDT: Bouncing Back from Support and Eyeing a Breakout Above Trendline Resistance
SUI/USDT is showing bullish momentum 📈 as it rebounds from a key support zone and approaches a significant trendline resistance 📊. The setup is ripe for a potential breakout 💥 that could trigger a powerful upward rally 🚀. Stay alert and wait for confirmation before taking action.
Key Insights:
1. Support bounce: SUI/USDT has bounced back strongly from a critical support zone, indicating renewed buyer interest and a potential shift in momentum.
2. Trendline resistance: The pair is nearing a long-standing trendline that has capped previous rallies. A break above this resistance could open the doors for a sustained bullish move 🔥.
3. Bullish indicators: Momentum indicators like RSI and MACD are turning positive ⚡, signaling growing strength in the market.
Steps to Confirm the Breakout:
Candle confirmation: Wait for a clear 4H or daily candle close above the trendline 📍.
Volume surge: A noticeable spike in trading volume during the breakout adds confidence to the bullish scenario 📊.
Retest confirmation: Watch for the trendline resistance to flip into a support zone during a successful retest ✅.
Beware of fakeouts: Avoid entering on sharp wicks or sudden reversals above the trendline ⚠️.
Potential Targets (Post-Breakout):
Initial resistance:
Next target:
Risk Management Strategies:
Set stop-loss orders: Protect your capital by placing stop-losses below key levels 🔒.
Position sizing: Ensure your trade size fits your overall risk tolerance and strategy 🎯.
This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research (DYOR) 🔍 before making investment decisions.
SUI | Sui & Mysten LabThe price of Sui is $1.34 today with a 24hour trading volume of 1 billion dollar, SUI trading on multiple exchanges is live now and the startup has closed its public round recently on KuCoin and OKX
Investors who purchased the native token of the Layer 1 blockchain Sui in a public offering last month are seeing large returns now
Binance accounts for 63% of Sui's spot trading volume, Bybit 16.6%, OKX 10.6%, and KuCoin 7.3%
Sui is a layer one blockchain and smart contract platform designed from the bottom up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing, user-friendly experiences.
Mysten Labs, the original contributor to Sui, was founded by by former executives & lead architects of Meta’s Novi Research
the team responsible for Diem blockchain and Move programming language: Evan Cheng, Adeniyi Abiodun, Sam Blackshear, George Danezis...
Sui listings that came in the evening on a day when the FED's interest rate decision may have put pressure on the price so no fomo
it is necessary to wait for the price to accumulate in a certain range and not to act for fear of losing the opportunity
SUI to 24$My research indicates that SUI is a project with a great potential, and could get into the top 10 cryptocurrencies by market cap soon.
I don't encourage you to but by any means, do your own research.
