Sui (SUIUSD)Long #SUI from $0.580, currently at entry. Target set up to $0.98, with a stop loss at $0.54. Monitoring market movements for potential developments. Stay tuned for updates! 📊💹 #TradingUpdate #MarketAnalysis 🚀✨
SUIUSDC_5EB2DF.USD trade ideas
SUIUSD to start uptrend!Volume started climbing on SUIUSD when it increased in price and volume went down as we had the last drops. So volume is supporting an uptrend as of now and the recent corrections can be seen as shakeouts.
Now let’s see if we can find clues that underline this idea. On 2 hour time frame we can see an inversed head and shoulders pattern building. We just finished building the right shoulder and if this analysis is correct, price of SUIUSD should only climb from here at around $0.633 to a minimum of $0.68 and then reassess. Probably it will then form a higher low that is higher than current prices and continue increasing. I‘ll have my stoploss around $0.59, if we stay around that price or lower for some time.
Recently I got an entry just under $0.62.
For me it’s not a scalp but a long term entry that I want to find. If market gives lower prices I‘ll take them at certain points, that I need to analyse later, if it drops from here. Right now I see more bullish indication as just described.
SUIUSD Above the 1day MA50. Strong Buy.SUIUSD crossed above its 1day MA50 for the first time in its short history.
That is a strong technical bullish breakout signal.
Buy and target the 0.382 Fibonacci level at 0.95500, which is also near a potential Channel Up pattern that may emerge.
The 1day RSI is under 60.00, indicating that this move has significant upside ahead.
Further buying can be performed only after a 1day candle closes over the 0.5 Fibonacci, in which case you can target the 0.618 Fibonacci at 1.23450.
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#SUI nice move to upper Bollinger band incoming...quite possible IMHO
Nice structure of a higher low to set in place a positive move
I like how the Bands are going sideways ... volatility could be inbound.
New blockchains need to be far better than #Ethereum for users to migrate over
#ETH does around 20-24 tps
#Arbritrum does 120 tps and is 10X cheaper
SUI has peaked at 1400
Sui Scam or No?We have a clear structure. Trade inside the lines with a stop 2% above/below.
When it breakeouts, enter trade depending where it broke. The 5-8% range inside the structure is good for grid spot.
Target Hited Perfectly Good profit gained from sui trade. More trades are incoming.
Are you got the profit?
If yes support me🙂
SUIUSD has bottomed and is on a bullish reversal.SUIUSD has made a Double Bottom at 1.01500 last week, broke above the 4H MA50 (blue trend-line) and is testing its first major Resistance at 1.24500. We will buy if it closes a 4H candle above it and target Resistance 2. Similarly, extend buying if it closes above Resistance 2, aiming at a complete gap fill on Resistance 2 (1.68000).
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Have a seat Frog, take a lead off. It's SUI's turn. A bullish flag pattern has formed and everything is set for a good jump
New Kid On The Block...A new L1 enters the market - expect big numbers mid-long term here - this and Aptos will probably be the poster childs for this bull run in terms of hype.
