SUI - SUI/USDT

- USDT (-)

- Real time data - CoinMarketCap

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Change:	-
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Type:	Cryptocurrencies
Ticker:	SUIUSDT
ISIN:

SUI - SUI/USDT - Daily - Technical analysis published on 01/26/2024 (GMT)

Timeframe : Daily
- Analysis generated on
Status : WITHOUT TARGET

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

11%

17%

My opinion

Bullish above 1.37 USDT

My targets

My analysis

SUI - SUI/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.37 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by MOHAMMED ALAMERI. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

SUI - SUI/USDT rating 1.45 USDT. The price has increased by +22.88% since the last closing with the lowest point at 1.16 USDT and the highest point at 1.47 USDT. The deviation from the price is +25.00% for the low point and -1.36% for the high point.

1.16

1.47

1.45

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in Daily of this SUI - SUI/USDT chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	0.80	0.91	1.37	1.45
Change (%)	-44.83%	-37.24%	-5.52%	-
Change	-0.65	-0.54	-0.08	-
Level	Intermediate	Minor	Major	-

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.00	1.08	1.13	1.21	1.26	1.34	1.39
Camarilla	1.14	1.16	1.17	1.18	1.19	1.20	1.22
Woodie	0.99	1.07	1.12	1.20	1.25	1.33	1.38
Fibonacci	1.08	1.13	1.16	1.21	1.26	1.29	1.34

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.57	0.81	0.96	1.20	1.35	1.59	1.74
Camarilla	0.99	1.03	1.06	1.10	1.14	1.17	1.21
Woodie	0.52	0.79	0.91	1.18	1.30	1.57	1.69
Fibonacci	0.81	0.96	1.05	1.20	1.35	1.44	1.59

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.23	0.39	0.59	0.75	0.95	1.11	1.31
Camarilla	0.68	0.71	0.75	0.78	0.81	0.85	0.88
Woodie	0.24	0.40	0.60	0.76	0.96	1.12	1.32
Fibonacci	0.39	0.53	0.62	0.75	0.89	0.98	1.11

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	66.36
MACD (12,26,9):	0.1100
Directional Movement:	19.57
AROON (14):	28.57
DEMA (21):	1.28
Parabolic SAR (0,02-0,02-0,2):	1.01
Elder Ray (13):	0.13
Super Trend (3,10):	0.93
Zig ZAG (10):	1.45
VORTEX (21):	1.1200
Stochastique (14,3,5):	68.90
TEMA (21):	1.30
Williams %R (14):	-5.91
Chande Momentum Oscillator (20):	0.19
Repulse (5,40,3):	24.0800
ROCnROLL:	1
TRIX (15,9):	1.6500
Courbe Coppock:	41.45

MA7:	1.19
MA20:	1.13
MA50:	0.90
MA100:	0.72
MAexp7:	1.25
MAexp20:	1.14
MAexp50:	0.96
MAexp100:	0.81
Price / MA7:	+21.85%
Price / MA20:	+28.32%
Price / MA50:	+61.11%
Price / MA100:	+101.39%
Price / MAexp7:	+16.00%
Price / MAexp20:	+27.19%
Price / MAexp50:	+51.04%
Price / MAexp100:	+79.01%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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