📊Analysis by AhmadArz:
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Good day, guys.
This is ESS team.
Let's check the SEIUSDT chart.
If it strongly breakthrough the GREEN downtrend line, It may try to breakthrough the RED long-term downtrend line.
Even if it fail, It will reach the top of the uptrend line after breaking through the red long-term downtrend line with buy-power at uptrendline.
SEI broke out to 1$ and got a pull back as expected on previous post. Because of an overall bullish market, I see it finding some support here already and bouncing back up to test those highs again. If it fails to do so, expect it to lay on the 100sma $0.59 (yellow line) for support.
SEI on a W pattern/5 wave move, broke out of recent resistance and it's on the way to the 1.618/1$. I expect a pull back to the break out level after the 1.00 is reached for some support before the next move. Here are the next two targets I'm watching. 1618 @1.06 & 2.618 @1.37
SEI has been marching in a bull run since October of 2023 and has two strong legs up so far. We appear to be gearing up for a third, is this the time to enter a long position?
How do we trade this? 🤔
SEI has been a top mover recently and with such bullish strength, we should only be looking at long positions. It was reasonable to long $0.02 ago at $0.665 for at...
SEI rose over 300% from December 18th to January 3rd, breaking out of the newly established bull channel. Now SEI has found support on top of the bull channel and is showing signs of going higher, is it time to long?
How do we trade this? 🤔
We have three points of contact with the bull channel resistance line now acting as support. While SEI is *very* bullish,...
Considering the breaking of the trend line and the long shadow formed on the chart, SEI seems to be forming a range.
From the supply range, we are expected to move towards the swap range.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have...
SEI has been one of the top movers in the crypto market in the last 30 days and by looking at this chart, you can see why. A 400% move to the upside in the last 47 days! Is there any more steam left on the train?
How do we trade this? 🤔
Strong push to the resistance line, looks to be the end of the second leg up, RSI is very high at 80.00 and above the Moving...
