SUI - SUI/USDT
SUI - SUI/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: SUIUSDT
ISIN:

SUI - SUI/USDT - 1H - Technical analysis published on 01/29/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 1.47 USDT
My targets
1.58 USDT (+3.46%)
1.78 USDT (+16.14%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SUI - SUI/USDT as long as the price remains well above 1.47 USDT. The buyers' bullish objective is set at 1.58 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.78 USDT. If there is any crossing, the next objective would be the resistance located at 2.06 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8

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:
Daily

Additional analysis

Quotes

SUI - SUI/USDT rating 1.53 USDT. The price has increased by +15.04% since the last closing and was between 1.33 USDT and 1.55 USDT. This implies that the price is at +15.04% from its lowest and at -1.29% from its highest.

1.33
1.55
1.53

Here is a more detailed summary of the historical variations registered by SUI - SUI/USDT:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of SUI - SUI/USDT in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 1.32 1.37 1.47 1.53
Change (%) -13.73% -10.46% -3.92% -
Change -0.21 -0.16 -0.06 -
Level Minor Intermediate Intermediate -



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.081.201.261.381.441.561.62
Camarilla1.281.301.311.331.351.361.38
Woodie1.061.191.241.371.421.551.60
Fibonacci1.201.271.311.381.451.491.56


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.620.821.101.301.581.782.06
Camarilla1.261.301.351.391.431.481.52
Woodie0.670.841.151.321.631.802.11
Fibonacci0.821.001.111.301.481.591.78


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.230.390.590.750.951.111.31
Camarilla0.680.710.750.780.810.850.88
Woodie0.240.400.600.760.961.121.32
Fibonacci0.390.530.620.750.890.981.11

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 72.28
MACD (12,26,9): 0.0200
Directional Movement: 26.53
AROON (14): 85.71
DEMA (21): 1.45
Parabolic SAR (0,02-0,02-0,2): 1.40
Elder Ray (13): 0.06
Super Trend (3,10): 1.37
Zig ZAG (10): 1.52
VORTEX (21): 1.1400
Stochastique (14,3,5): 69.38
TEMA (21): 1.47
Williams %R (14): -13.42
Chande Momentum Oscillator (20): 0.13
Repulse (5,40,3): 8.0800
ROCnROLL: 1
TRIX (15,9): 0.1500
Courbe Coppock: 12.14
MA7: 1.34
MA20: 1.23
MA50: 0.94
MA100: 0.75
MAexp7: 1.46
MAexp20: 1.42
MAexp50: 1.39
MAexp100: 1.35
Price / MA7: +14.18%
Price / MA20: +24.39%
Price / MA50: +62.77%
Price / MA100: +104.00%
Price / MAexp7: +4.79%
Price / MAexp20: +7.75%
Price / MAexp50: +10.07%
Price / MAexp100: +13.33%

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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