End or Reborn? -SUISUI outperformed most tokens on the market in January 2024. With the high reward of LP on Cetus and the points competition between Scallop Lend and NAVI Protocol, a large amount of funds poured into SUI Network. However, after the points competitions ended, the TVL on SUI began to gradually decrease. Price gradually decrease. Today we use indicators to see whether the rise of SUI is over or restart.
From the TSB indicator, we can clearly see that before the main rise, the TSB indicator prompted a BUY signal, and the SUI rose again after touching the blue and red wavy areas many times during the callback process. Two days ago, the bears strengthened again, the price hit the bottom of the red zone, the TSB indicator became valid again, the bulls strengthened, and the price rebounded.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
SUIUST trade ideas
🌟 SUI: Potential Shift in Structure! 📈💹📊 Analysis:
Interesting Level: SUI is at an interesting level, flipping its range high into support.
Short-Term Downtrend: A potential break from the short-term downtrend is anticipated.
Higher Low Formation: Aiming for a higher low formation after breaking previous highs at $1.70.
Entry Range: Consider laddering into a spot long between $1.4 and $1.7.
Take Profit Levels: Potential profits at $2 or $2.82.
Stop Loss: Set a stop loss under $1.34.
🌐 Note: Monitor SUI's price movement and adjust your strategy based on market conditions.
SUI/USDT Indicating Bounce and Back to upward tested on ATH!💎 SUI has recently showcased noteworthy market dynamics, encountering rejection at the resistance all-time high (ATH) level, resulting in a downward movement towards the demand area.
💎 Currently, SUI is exhibiting signs of a potential bounce from the demand area, indicating a possible upward trajectory. If this bounce proves valid, SUI may resume its upward movement and revisit the resistance ATH.
💎 However, if SUI breaks below the demand area, it could signify a bearish trend continuation, leading to further downward movement towards the support area around 0.98.
💎 The support area holds significant importance, as a bounce from this level is crucial for SUI's potential continuation of the upward movement.
💎 Failure to bounce and a subsequent breakdown below the support would further strengthen the bearish momentum, potentially resulting in continued downward movement for SUI.
SUI target 2.14h time frame
-
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.
-
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.
like❤️ and follow
Check the links and get a BONUS🎁 from me👇