SUIUSDTSUIUSDT, after being traded in range for some time now has given the massive breakout from range. Ranges are best in a sense just buy the support and sell the resistance.
Range breakouts are usually massive as we can see in this case as well.
If this breakout sustains the next higher target could be 0.6040.
What you guys think of this idea ?
Suiusdt
🔥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
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SUI ready to flySUI broke the downtrend and it may be ready to fly.
We believe that it will make a big move as APTOS did from its bottom when it reached 20 $.
Now it's SUI's time .
Expecting the uptrend towards 1,20 or maybe even 1,40 $ and from there big correction again.
We wouldn't hold SUI long-term because of number of locked tokens, but as a swing trade, it looks promising.
2 possible scenarios are shown on the chart.
If we get a pullback, it is for buying.
Good luck
Sui Bullrun PlansThe tokenomics of this coin are very suspicious. The way they scam people with their bullsharks game to create insane chain activity to attract more liquidity, using their own bots to not let retail make any gains is also suspicious and fraudulent. But...
Comparing them to other chains, they do try to copy cat the Solana nft frenzy in their own manner and develop something, at least for now.
By december 2023, we expect to have 10% of Sui released, leaving 90% more to dump on hamsters later.
What to expect: When crypto starts to be green for weeks, I expect the VC's to pump it minimum to 3$ in a span of 1-2 weeks. But before that, we may see a drawdown to 0.4~0.2$ per SUI.
Buy targets : From 0.6 DCA lower till 0.2
Sell targets : 2.8 and higher.
SUI/USDT Correction Over or Not? SUI Analysis Today 💎Paradisers, let's focus on SUI/USDT! Currently, it's navigating within a defined range, and we're forecasting an upward surge in the near future.
💎If the anticipated breakout unfolds successfully, expect it to ignite a rapid upward rally. However, keep a close eye on the demand zone, as there's a bullish Order Block (OB) situated just beneath it. If the price dips below the demand zone, it's likely to target the liquidity found at that bullish OB.
💎It's crucial to note that we've identified two confirmed order blocks in shorter timeframes. Given the existing liquidity, the price is poised to hit these levels.
💎In a previous cycle, demand morphed into supply, triggering a notable price decline and aiming for the earlier OB.
💎In the ever-evolving world of crypto, staying up-to-date and flexible is your key to success. Keep your charts updated and stay tuned for more insights. Happy trading!
"SUI: The God Mode" Or "Aptos to Olimpos II: SUI"Did you hear already this pretty popular opinion regarding SUI to be the next Aptos?
I bet you did.
Here's just a pretty bigger assumption as we're standing on the Buyer's Zone.
This zone serves us as the previous resistance line of the huge 110D descending wedge, that we have broke few days ago and now we're back to retest it.
Moving to the smaller TF (1H) you can see we're retesting it from the inside already and going a bit down. I see next: While some don't understand what to do next and sells their bags because the trendline is passed, I can view we're also at the small support zone, formed from the moment of Fall of the Grandfather on 17th Aug.
This leads us to the ACTUAL BUYER ZONE: 0.534 - 0.544
The Potential after this gonna be huge. We might see up to 500% up from here within a month.
Giving along the fact that ETH/BTC chart is on the breaking point too and it could lead the ALTS to explosion, SUI will be one of the Big ones.
SUI/USDT to the Moon: Buckle Up for an Incoming Breakout🚀 "SUI/USDT to the Moon: Buckle Up for an Incoming Breakout! 🌕📈 Excitement is building as NYSE:SUI gears up for a potential breakout. Keep an eye on the charts, as signs point towards a bullish move. Whether it's a short-term surge or a longer-term ascent, the journey promises to be exhilarating! 🚀📊💥 #SUI #ToTheMoon #BreakoutAlert #CryptoTrading" 🌕🚀
SUIUSDTThis is a 1D frame analysis for SUIUSDT As we can see, the price was able to bounce back after hitting the support line and start moving upwards. However, the price is currently below the resistance line and is volatile. If it can establish itself above the resistance line, it can start to move towards the next resistance line and, as we can see, the price has been able to show us an inverted head and shoulders pattern which can indicate an upward trend and we can expect to see a price increase.
SUI hints at a local growth wave - long trade #2Hello colleagues!
It's time for the second potential trade that we are planning to implement. This is a long on the cryptocurrency SUI.
Unfortunately, we did not manage to execute the first trade , as the price of BTC started to fall sharply without us.
On 17 August, the SUI cryptocurrency updated its local low. The update of the local low occurred on increased volumes. The latest wave of decline in SUI has "resurrected" buyers, who have organised a good rebound to the $0.56 range.
We would like to pay special attention to the local wave of decline from 20 to 22 August. This wave of decline was on good volumes. However, sellers were unable to push the price below the previous local low of 10 June.
This is a good signal that a large buyer is ready to keep the price of SUI up at least in the short term. Another good signal is the active rebound of the SUI price after the $0.51 test.
Taking these arguments into account, we want to enter a long trade for SUI:
Enter = 0.5204 - this is the range where the position was entered. If the price is to rise, it should not fall below this range.
Stop = 0.5039 (-3.2%) - in our opinion, it makes no sense to keep SUI below this level
TP = 0.612 (+ 17.6%) - The price of SUI may not rise above this liquid zone at first.
P/L ratio = 5.5
We also allocate $10,000 for this trade . In case of a mistake, our loss will be $320, and in case of trade execution, our profit will be $1760.
What do you think of this trade? How do you see the situation with SUI? Write in the comments below our forecast
SUI/USDT is Gearing Up For Rally Amidst Chaos| SUI/USDT 💎Ladies and Gentlemen of ParadiseClub, buckle up! SUI/USDT is weaving an enthralling tale, strategically positioned near a bullish Order Block and geared up for an upward climb.
💎In the face of current market volatility, SUI/USDT has stood its ground impressively. It's worth noting that the asset has flipped the script on a bearish Order Block, transforming a former supply zone into a fresh demand area—a bullish indicator that demands attention.
💎Adding a twist to the plot, SUI/USDT has revisited the same Order Block level not just once, but twice. Each time, it honored the supply zone, setting off a downward course. This adds an extra layer of nuance to its already complex price dynamics.
💎Looking forward, an untouched supply zone is on the horizon. Keep an eye out for SUI targeting this zone for mitigation in the near term.
💎As always, Paradisers, stay vigilant and keep those charts updated. The world of crypto never sleeps, and neither should your trading strategies. Happy trading!
SUI/USDT is Ready For a Potential Upward Movement💎Ladies and Gentlemen of ParadiseClub, SUI/USDT is poised for a captivating shift. At present, it's navigating towards the Demand Zone, hinting at a potential upward trajectory.
💎In our past observations, demand transitioned into supply, leading to a notable price descent. Presently, an order block is evident in the 4-hour chart, suggesting that the price might touch this demand zone and kickstart a bullish trend.
💎A noteworthy point is the price's pushback after securing liquidity at the OB. Yet, a word of caution: there's another OB beneath that the price might address before embarking on a bullish journey.
💎In the ever-evolving crypto realm, staying updated and agile is essential. Keep an eye out for further insights and happy trading, Paradisers!
Sui Will Fly Soon NYSE:SUI
Buy And Buy more when the price goes down
Expecting a big price increase before November due to a large number of tokens being unlocked. This is similar to what we predicted for APT in January, where we saw the price move from $4 to $20 in a month before the token unlock.
Note, Do Your aown Research
Happy Trading
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SUI/USDT Bullish Divergence on Daily Chart , Bullish Momentum ?? Hello Paradisers, spotlight on this token!
💎SUI is showcasing intriguing price actions, having recently swept a liquidity zone, hinting at a potential surge towards the nearby supply at the 0.57 mark. For a confirmed bullish trajectory, SUI needs to firmly establish itself above this level.
💎Adding to the bullish narrative is the Bullish Divergence observed on the Daily RSI. Such divergences in larger timeframes often indicate substantial accumulation, suggesting a potential robust upward push. The next target could be the resistance trendline where another supply zone awaits.
💎However, this bullish outlook might be negated if SUI breaches the previous low.
Sui and compared it to AptosomHello, friends! 🌟
Remember, not long ago, I did a review on Sui and compared it to Aptosom, shared my thoughts on their fractal similarities. It turns out that the price of Sui is now approaching the point where I planned to make my investments. 📈
I've decided to wait for the final impulse breakthrough of the price to the level of 0.45 (or possibly even lower) before making a purchase. This is an important moment for me, and I'm prepared to take control of it.
I already have limit orders in place, and they are waiting for their time. I want to emphasize that I'm making this decision with full responsibility and considering all possible risks.
I'll keep you updated on the developments and will definitely share the news when the expected breakthrough occurs. Thank you for your support and partnership! 📊📈