SEI Update SEI created new inducement and bullish OB below it and I'm expecting a pullback now for liquidity grab before pushing higher again
Wait for entry
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SEIUSDT trade ideas
SEI/USDT pullbackSEI had good rally lately ,for short term showing sign of weakness, looking for 20-25% pull back to 0.21--0.22 area for target
SEI Token Surges 35%, Reaching New All-Time HighSei (SEI) has been registering notable gains over the past month with the asset’s recent rally over the 24 hours helping it reach a new all-time high (ATH).
SEI surged by 35% in the past 24 hours and is currently trading at $0.2659, marking a new ATH. The asset’s market cap stands at $645 million at the time of writing. Data shows that Sei’s daily trading volume has surpassed its market capitalization, hovering around the $656 million mark.
It’s important to note that only 2.175 billion SEI tokens have been added to its circulating supply so far, which has a total supply of 10 billion coins.
Moreover, Sei registered an 85% and 170% surge over the past week and past 30 days, respectively.
SEI is still sailing in the bullish zone as it’s above the $0.22 support zone. A price plunge below the $0.20 resistance zone could potentially put the asset in a highly volatile condition.
Last week, SEI registered a 91% surge in seven days after a strategic investment from Circle, the issuer of the second-largest stablecoin USDC.
Sei blockchain to add Ethereum Virtual Machine support in V2 upgrade
Trading-focused Layer 1 blockchain Sei will add support for the Ethereum Virtual Machine (EVM) in its upcoming version 2 (V2) upgrade. This will enable developers to port Ethereum-based contracts over to the network and use them on it.
To add this feature, Sei V2 will incorporate Geth, a Go implementation of the Ethereum Virtual Machine. Geth is the most widely used Ethereum client software.
Expanding on Sei V1
Sei has been operational on the mainnet beta since the V1 launch in August, offering support for Cosmos smart contracts written in Rust. With Sei V2, the team behind it aims to broaden its appeal to a wider range of developers. The development will add a fully parallelized EVM-compatible layer with sub-second finality (the speed at which transactions are confirmed).
What is Sei?
Sei is a Cosmos SDK-based proof-of-stake blockchain, designed to be optimized for trading with its ability to execute sub-second blocks. In April 2023, Sei Labs, the core developer of the network, raised $30 million in two strategic funding rounds from venture firms including Jump and Multicoin Capital.
With functionality that supports fast decentralized trading, Sei targets a specific niche where it competes with other Cosmos chains like Osmosis, Kava, Injective, Neutron and Kujira.
SEI 1hr TF inefficiency and bullish OBSEI is looking to do a little correction to the bullish OB below but as we can see there is inducement prepared for retail trader... So, look to take the long from OB below the inefficiency...
Wait for entry and always learn to manage your risk with proper RM
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Sei After A Successfull Trade Here Is The Second One. Welcome to our crypto exploration hub! We're here to navigate the exciting world of digital assets, providing you with comprehensive insights into market dynamics and potential trading opportunities.Our mission is to decode the crypto market's mysteries and equip you with the knowledge you need to make informed investment choices. From the latest developments in Bitcoin to the hidden potential of various altcoins, we're your trusted source for daily technical analysis.While technical analysis is a valuable tool, it's important to remember that it's just one piece of the puzzle. We encourage you to take a well-rounded approach to your investments, considering factors like macroeconomic trends, news, and community sentiment.Join us for the freshest analyses, and don't hesitate to join the conversation in the comments below. Keep in mind that our content is purely for educational purposes and should not be construed as financial advice. Always integrate it into your broader investment strategy."
SEI moving up awesomeAfter receiving a buy print SEI is moving up awesome. with good volume bump, I expect a great move upward. DYOR
Update SEI
Good Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
$SEI next leg target resistance levelsTSXV:SEI hit my previous target $0.26 for 65%. Reload on support line of $0.232
TP targets
$0.3
$0.342
$0.383
$0.424 (85%)
We're early. 🚀
#SEI#SEI on H4 I see continuation of the pump up to $ 0.3074.
On D TF
At the moment, the $0.2186 level is the support level.
If the coin is consolidating or above this level, then the coin is likely to continue its upward movement to $ 0.3074, where we can see a bearish reaction and most likely a decline to approximately $0.2467 (n.1 - 3), where the main thing is to see that the price is held above $ 0.2467, then we can see more one move up as much as 0.3942$ (n.4)
0.3942$ - the level is also a resistance, only breaking through this level will give an increase to 0.4803$ and possibly higher.
Or the coin breaks through the level of 0.3074$, closes with H4, H12, D candles above this level, then of course the coin will continue its growth to the next value of 0.3942$ (n.5)
Option number 2 is if there is a closing of H4, H6, etc. below $0.2186, then the continuation of the global upward movement is possible from $0.1767 - $0.1886
Closing below these ( $0.1767 - $0.1886) values leads to a bearish trend. Where bounces are possible from the following values, which are indicated by green lines on the graph.
Why Is SEI Pumping?SEI has spiked by 28% today and more than 80% in the last 4 weeks. With its price presently at $0.2, what is causing this sudden pump and how high can it go?
What Is the SEI Token?
The SEI token is the native digital currency of the Sei blockchain network. Developed by Sei to facilitate decentralized exchange functionality, SEI was designed to provide developers with a robust technological infrastructure for building secure, efficient applications and services.
SEI is breaking out of its supply zone around $0.19. With a 24-hour trading volume of $441,026,634 USD. Sei is up 26.33% in the last 24 hours. with a live market cap of $364,305,964 USD. It has a circulating supply of 1,800,000,000 SEI coins.
SEI massiveThere is no coin on exchange which can escape 7-star radar.
After pritinng the first buy at 0.17 and there was no looking back.
Now wait for the pullback or resistance cross.
If you want to enter early. You can contact me for the resources.
DYOR
"Unlocking SEI's Potential: Why It's Time to Buy Now!"**Short Fundamental Analysis of Sei Coin**
Sei is a decentralized exchange (DEX) built on the Cosmos blockchain that aims to provide a high-performance and secure trading experience for users. The DEX uses a unique central limit order book (CLOB) design that is designed to be more efficient than traditional CLOB designs. Sei has also been designed to be interoperable with other Cosmos-based blockchains, which means that users can trade assets from different blockchains on the Sei DEX.
Sei is still under development, but it has already attracted a significant amount of attention from the cryptocurrency community. The DEX has been praised for its innovative design and its potential to disrupt the DEX market.
**Recent News about Sei Coin**
* The Sei DEX has been in beta testing since July 2023.
* The DEX has processed over $100 million in trading volume since it launched.
* The Sei team has announced that they will be launching a mainnet in the near future.
**Disclaimer**
The information provided in this document is for informational purposes only and should not be considered investment advice. Please do your own research before making any investment decisions.
**Disclaimer for Sei Coin**
Sei is a high-risk investment. The price of Sei could go up or down significantly in the future. Please only invest money that you can afford to lose.
possible support points SEIWe got important avwaps below us, and one right where we are now.
Also my main support is lower around 0.15
Might bounce here, or we bounce lower around 0.15, confluence of support and avwap, and 5dma
Bullish Cup and Handle for $SEICup and Handle pattern formed, in this pattern the handle is considered as a restest or support,
If we get a successful retest and break the structure I will consider #SEI extremely bullish
#SEIUSDT
SEI / SEIUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
$SEI - Top Coin to WatchWith $256 million m.cap, SEI have a big chance to rise very fast in the next bullrun.
Buy some and Hold !!!!
Buy now or wait in red line zone.
Current price $0.1424
a buy setup for SEIUSDTa retest of the oversold. Going to take out sl's and form a double buttom in the 5minute tf. check out SOLUSDT for more of this pattern
Impulse => Correction => Impulse | Long BiasOn 1H TF
SEI is on support zone that is buying zone with low risk and high return.
With this case, I put stop-loss below 0.14
I think SEI will come back return soon because selling pressure weaken and low volume.
Wait for next move
SEI/USDT It required break the resistance to continue upward!💎 SEI has undoubtedly had a significant impact on the market. Currently, SEI is encountering the local resistance area at $0.1305. If SEI starts to display several bearish rejection candles, it could be indicative of a potential downturn, leading SEI back to a retesting phase at the demand area, with the aim of generating fresh momentum to breach the resistance zone.
💎 However, if SEI successfully overcomes the resistance in the near future, it will be poised for further upward movement and could probability reach our target zone, which includes the supply and major supply areas.
💎 On the flip side, if SEI, during its retesting phase within the range of $0.1180 to $0.1140, fails to sustain this level and even breaches the demand area, this would signify an adverse development for SEI. It would signal a shift back to a bearish trajectory, with the possibility of descending to the key support area.
SEI going to moon ?BINANCE:SEIUSDT Looks ready to jump.
path could be different but sooner or later it will explode.
SEI Breaks Out and Retests, Poised for Further Gains
SEI has broken out and retested its previous resistance level of around $0.1048, and is now poised for further gains. If buyers can push the price above $0.1152, we could see an increase to the targets of $0.1479 to $0.1551. All of the moving averages on the 4-hour time frame are bullish, which supports the bullish outlook.
Entry: $0.1152
Stop loss: $0.1088
Targets: $0.1479, $0.1551
Technical Analysis:
The MACD is bullish, with the signal line crossing above the MACD line.
The RSI is above 50, indicating bullish momentum.
The Bollinger Bands are widening, indicating increased volatility.
All of the moving averages are bullish.
Conclusion:
SEI is a bullish setup with the potential for further gains. If buyers can push the price above the next resistance level of $0.1152, we could see an increase to the targets of $0.1479 to $0.1551. All of the moving averages on the 4-hour time frame are bullish, which supports the bullish outlook.
Disclaimer:
The information and analysis provided in this article is for educational and informational purposes only, and should not be construed as financial advice. The author of this article is not a financial advisor, and does not provide personalized financial advice. Readers should consult with a qualified financial advisor before making any investment decisions.
The author of this article has made every effort to ensure that the information provided is accurate and up-to-date, but cannot guarantee its accuracy or completeness. The author bears no liability for any losses or damages incurred as a result of any investment decisions made based on the information provided in this article.
