SUI - SUI/USDT - 1H - Technical analysis published on 06/15/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
61%
6%
33%
My opinion
Bearish under 1.000000 USDT
My targets
0.933000 USDT (-1.79%)
0.900000 USDT (-5.26%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 1.000000 USDT remains possible. It is advisable to trade SUI - SUI/USDT with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 1.000000 USDT. The next bearish objective for sellers is set at 0.933000 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.900000 USDT. In case of crossing, the next objective would be the support located at 0.610000 USDT. PS: if there is a bullish break in the resistance located at 1.000000 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0.7
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This analysis was given by hkz. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SUI - SUI/USDT rating is 0.950000 USDT. The price registered an increase of +2.15% on the session with the lowest point at 0.930000 USDT and the highest point at 0.960000 USDT. The deviation from the price is +2.15% for the low point and -1.04% for the high point.0.930000
0.960000
0.950000
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SUI - SUI/USDT:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this SUI - SUI/USDT chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish doji star
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.610000 | 0.900000 | 0.950000 | 1.000000 | 1.060000 | 1.130000 |
| Change (%) | -35.79% | -5.26% | - | +5.26% | +11.58% | +18.95% |
| Change | -0.340000 | -0.050000 | - | +0.050000 | +0.110000 | +0.180000 |
| Level | Minor | Major | - | Major | Major | Minor |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.787000 | 0.843000 | 0.887000 | 0.943000 | 0.987000 | 1.043000 | 1.087000 |
| Camarilla | 0.903000 | 0.912000 | 0.921000 | 0.930000 | 0.939000 | 0.948000 | 0.958000 |
| Woodie | 0.780000 | 0.840000 | 0.880000 | 0.940000 | 0.980000 | 1.040000 | 1.080000 |
| Fibonacci | 0.843000 | 0.882000 | 0.905000 | 0.943000 | 0.982000 | 1.005000 | 1.043000 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.857000 | 0.933000 | 1.017000 | 1.093000 | 1.177000 | 1.253000 | 1.337000 |
| Camarilla | 1.056000 | 1.071000 | 1.085000 | 1.100000 | 1.115000 | 1.129000 | 1.144000 |
| Woodie | 0.860000 | 0.935000 | 1.020000 | 1.095000 | 1.180000 | 1.255000 | 1.340000 |
| Fibonacci | 0.933000 | 0.994000 | 1.032000 | 1.093000 | 1.154000 | 1.192000 | 1.253000 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.603000 | 0.747000 | 0.883000 | 1.027000 | 1.163000 | 1.307000 | 1.443000 |
| Camarilla | 0.943000 | 0.969000 | 0.994000 | 1.020000 | 1.046000 | 1.071000 | 1.097000 |
| Woodie | 0.600000 | 0.745000 | 0.880000 | 1.025000 | 1.160000 | 1.305000 | 1.440000 |
| Fibonacci | 0.747000 | 0.854000 | 0.920000 | 1.027000 | 1.134000 | 1.200000 | 1.307000 |
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): | 52.96 | |
| MACD (12,26,9): | -0.0006 | |
| Directional Movement: | 4.255835 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.946491 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.938415 | |
| Elder Ray (13): | 0.004027 | |
| Super Trend (3,10): | 0.956808 | |
| Zig ZAG (10): | 0.953192 | |
| VORTEX (21): | 1.2196 | |
| Stochastique (14,3,5): | 77.43 | |
| TEMA (21): | 0.952867 | |
| Williams %R (14): | -29.51 | |
| Chande Momentum Oscillator (20): | 0.001835 | |
| Repulse (5,40,3): | 0.0848 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0497 | |
| Courbe Coppock: | 2.37 |
| MA7: | 0.998263 | |
| MA20: | 1.033113 | |
| MA50: | 1.058445 | |
| MA100: | 1.309823 | |
| MAexp7: | 0.951651 | |
| MAexp20: | 0.949174 | |
| MAexp50: | 0.959469 | |
| MAexp100: | 0.981547 | |
| Price / MA7: | -4.83% | |
| Price / MA20: | -8.04% | |
| Price / MA50: | -10.25% | |
| Price / MA100: | -27.47% | |
| Price / MAexp7: | -0.17% | |
| Price / MAexp20: | +0.09% | |
| Price / MAexp50: | -0.99% | |
| Price / MAexp100: | -3.21% |
Quotes :
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Real time data
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Cryptocompare
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