#SUIđĽ it has been 11 days keeping up with @Sui and taking đľ along the way. and I was doing my usual thing - hunting #LONGâ and #SHORTđ had a hard time figuring out the direction of the price action. I know I may not be the only one here trying to figure out. I hope this help.
Sometimes when you don't see the path clearly, Turn your map upside down, you might get a clear picture.
P.S. Crypto charts: where âupâ and âdownâ are just suggestions. đđđ
What's your opinion on thisđđ will @SUI drop to that key level if it fails to break above 3.5?
#SUI #WHATSURVIEW #WRITE2EARN
AGIL-254
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#SUIđĽ
đ¨ @Sui Trading Update on Binance Square đ¨
Hey everyone, quick update on our SUI position based on the current technical setup:
Scenario 1 â Trend Line Break:
If SUI breaks to the downside of the established trend line, we'll stay in our short position as this would confirm further bearish momentum. đ
Scenario 2 â No Break:
However, if the price holds above the trend line, we'll close our short position and start looking for a buying opportunity once clear reversal signals appear. đ
Stay tuned for further updates and happy trading! Remember to always manage your risk. đ
Disclaimer: This post is for informational purposes and does not constitute financial advice.
Hey everyone, quick update on our SUI position based on the current technical setup:
Scenario 1 â Trend Line Break:
If SUI breaks to the downside of the established trend line, we'll stay in our short position as this would confirm further bearish momentum. đ
Scenario 2 â No Break:
However, if the price holds above the trend line, we'll close our short position and start looking for a buying opportunity once clear reversal signals appear. đ
Stay tuned for further updates and happy trading! Remember to always manage your risk. đ
Disclaimer: This post is for informational purposes and does not constitute financial advice.
I added a #ParallelChannel to my chart to get the clear market trend.
Todayâs market action shows a continuation of short-term bearish signals, but let's keep in mind that these are occurring within a longer-term bullish framework.
Happy trading, and letâs keep the conversation going on Binance Square! đđ
Analyzing SUI across multiple time frames using the Parabolic SAR, Ichimoku Cloud, Exponential Moving Averages (50, 100, 200), MACD, and RSI provides a comprehensive view of its current market dynamics.
15-Minute Time Frame:
Parabolic SAR: The dots are positioned above the price, indicating a short-term downtrend. Ichimoku Cloud: The price is below the cloud, suggesting bearish momentum. EMAs: The 50 EMA is below the 100 and 200 EMAs, confirming a downward trend. MACD: The MACD line is below the signal line, with a histogram showing negative values, indicating bearish momentum. RSI: The RSI is around 40, suggesting slight bearishness but not yet oversold.
1-Hour Time Frame:
Parabolic SAR: Dots are above the price, indicating a downtrend. Ichimoku Cloud: The price is below the cloud, reinforcing bearish sentiment. EMAs: The 50 EMA is crossing below the 100 EMA, with the 200 EMA acting as resistance above, signaling potential further downside. MACD: The MACD line is below the signal line, with a widening gap, indicating increasing bearish momentum. RSI: The RSI is approaching 35, nearing oversold conditions.
4-Hour Time Frame:
Parabolic SAR: Dots are above the price, suggesting a sustained downtrend. Ichimoku Cloud: The price is below the cloud, with the cloud itself turning bearish. EMAs: The 50 EMA has crossed below the 100 EMA, and both are trending towards the 200 EMA, indicating strengthening bearish momentum. MACD: The MACD line is below the signal line, with the histogram showing increasing negative values. RSI: The RSI is around 30, indicating oversold conditions, which may lead to a short-term rebound.
In shorter time frames (15-minute to 4-hour), SUI exhibits bearish signals, indicating potential short-term downward movement. However, in higher time frames (daily to monthly), the overall trend remains bullish, suggesting that the current bearishness may be a short-term correction within a longer-term uptrend.
I AM NOT AN ADVISOR, THIS IS MY ANALYSIS AND I STAND TO BE CORRECTED.
Hello, Everyone. I hope you all are well. It has been a while since I last posted here. As of writing, Below is my @Sui analysis before it Skyrocket to the moon. I will continue to keep an eye on @Sui . Let me know what you think in the comment section. What you see that I don't.
Pay close attention to #SAGA chart higher time frame and you will see a big picture just like the one below. There is a lot of details in the RSI. Trust your trend and when there is a #BreakoutPotential to the UPSIDE or DOWNSIDE wait for a PULLBACK. If it's either fake or genuine breakout you will know when to enter the market.
The project has been structured in four phases in order to create an easy-to-understand overview of the development plan from the team.
PHASE 1
Project inception Core team formation Research and Development Mobile mining app launch Distribution and trust graph Eco system build up Smart contract & Token create One millon users During this phase we improve the user experience.
PHASE 2
Two million users Crypto games launch Co-met Dex/wallet devlopment Staking feature
PHASE 3
Three Millon miners. KYC Cex/Dex Listing Co-met market place NFT market place
PHASE 4
Welcome to Co-metaverse
What's next Wallet ( Under development) Games ( coming soon)
I hope you found this fruitful. Thank you for reading.
Use referral code : Zatara15
Co-Met Network
Making your Mined currency most Useful and Valuable. Download Co-Met Mining Network App at https://play.google.com/store/apps/details?id=com.comet.network
With there referral program, The person referring a new player gets a 25% boost to their mining rate.
The new miner has the option to enter a referral code at the time of creating their account.
While this is not mandatory, it is advised as the new user receives 10 Co-met coins for using a friend's referral code.
The concept of referral proposes the ability of miners to authenticate new players, since each player contributes equally to the network as security and stability.
There is currently only one role in the Network, the role of Miner which describes the individual that uses the app in order to earn Co-met coin.
MINER'S ROLE
Co-met Network miner whose job is to confirm that he/she is basically not a robot daily. This user validates his/her presence every day as he/she must open the app every 24 hours to continue earning Co-met coins. A Miner can make the base rate of 2 Co-met coins per hour, which can be broken down to 1( WE ARE NOW MINING 1COMET/HOUR STAGE) , 0.5, 0.25, 0.1 in line with the user base growth. Hence, it is always important to get started now before the base rate is halved. By logging into the mobile app every 24 hours and clicking the mining button, users participate in the gamified mining experience. Unlike many mining platforms, there is no need for a vast amount of energy to mine.
Download Co-Met Mining Network App at https://play.google.com/store/apps/details?id=com.comet.network
The Co-met Network core team is composed of experts with specialism in internet & blockchain technology, mathematics & cryptography experts. we are in progress of forming Co-met Foundation.
CO-MET NETWORK will announce the list of core team members and advisors upon the establishment of the foundation.
As the Foundation and the core team own 20% of the total issued Co-met Coins as development reward, these Co-met will be also be allocated to project sponsors and the further build-up of Co-met Network ecosystem.
Co-met Network's vision is to establish an open internet platform and an ecosysteam of Decentralized application for that it's committed to utilizing blockchain technology and also progressively introduce mobile games, social network, e-commerce payment, and lifestyle services with the ultimate goal of turning every user's role as the platform's consumer, contributor and value owners at the same time.
PAYMENT
The Co-met Network development team is working on building an easy-to-use wallet mobile app,( WE ARE IN THIS STAGE NOW) integrated with WalletConnect, to ensure secure storage of keys, and seamless mechanism to connect browser-based DApps to the mobile app. Users can interact with DApps on browsers and in the future many more devices, while still keeping their keys secure in their mobile wallet
Vision of Co-met Network is to provide an interface for users and payment APIs and SDKs for DApps, merchant, and users to instantly accept or pay in crypto assets aiming to make the crypto payment process very simple and easy for anyone regardless of technical aptitude to fully participate in the cryptocurrency economy.
Hello my fellow BINANCIANS. I hope you are all well. Today I want to write about this project I have been following for a while. it's called CO-MET NETWORK.
WHAT IS CO-MET NETWORK?
Co-met Network is a morden form of crypto currency and an influential system that has an innovative ideas and concepts to provide gamified experience for all users by allowing them to start mining, regardless of technical aptitude and fully participate in the new crypto currency economy. The view of Co-met Network is to provide each miner a simple, secure and robust experience.
Now let's delve deep why mining is important. Beyond releasing new coins into circulation, mining is central to crypto's security. It verifies and secures the blockchain, which allows cryptocurrencies to function as a peer-to-peer decentralized network without any need for oversight from a third party. And it creates the incentive for miners to contribute their computing power to the network. We know that cryptocurrency mining can be very profitable if done right with the correct mindset. Mining is a safest way of investing in cryptocurrencies alongside balancing and diversifying a crypto portfolio. One of the advantages of mining is that it makes it more challenging for new investors to become victims of the temptation of gambling, panic, fear, or market manipulation. This suggests that mining is the best way to start investing in cryptocurrencies. Therefore, CO-MET Network is set to make mining as easy as possible and cost-saving and energy-saving.
Keep reading my other post to learn more about CO-MET NETWORK.
Marks the BEGINNING of a new wave in AI with the merging of the Best 3 AIs #FET #AGIX #OCEAN one flag đłď¸is risen and a SUPER BABY is born #ASI (ARTIFICIAL SUPER INTELLIGENCE)
I don't know what the future holds BUT I AM EXTREMELY BULLISH #WRITE2EARN
SECOND DYOR is very crucial on the crypto you want to invest. This apply to Stock market as well. Listen to NEWS as it drives the market.
THIRD get yourself CAPITAL.
FOURTH START small. start where you are.
FIFTH RISK MANAGEMENT is very important as it will make your wealth grow with time.
below are my screenshots of #SUI and #FET that I'm future trading with a SMALL ACCOUNT, ISOLATE, and 1x to 5x max.
I'm not an EXPERT nor a PRO . I'm just an ELEVATED INTERMEDIATE BEGINNER. I hope this will help you for I was in the same shoes you are now and it cost me a lot to learn that. PEACE