SEI Price Analysis: Cup and Handle Breakout in Play, Here’s When to Buy…

SEI’s bullish preparation has started to crystallize, and we may look at the best entry point in weeks, but there is an important hunting.

We have seen SEI spending the past three weeks to unify in a specific scope while all else is torn in Altcoin space. Is it the right time for monkeys in SEI?

SEI prices constitute a classic bullish style, but it faces major resistance

((Seiusd))

Over the past 24 hours, SEI has decreased by 5.5 %, again in testing the lower border of a group of three weeks between $ 0.317 and $ 0.37. Despite this decrease, the wider structure is still constructed.

It seems that the textbook cup and the formation of the handle are formed on the 1D graph and the price tries to get out of the “handle” part, and multiple indicators began to confirm the transformation of the momentum.

“This is a golden cross, and it usually indicates the continued trend to the upward trend.” – 99bitcoins solutions

Meanwhile, excessive signals are flashing in the peak, with RSI overcame 75 years. It is a classic preparation for temporarily stopping or declining, although it is still structurally optimistic.

Why is SEI still trading sideways despite the upscale indicators

While the daily indicators are flashing up, hunting is that SEI faces rejection less than $ 0.35 and is still stuck in the range.

To date, price procedures indicate that SEI is still largely closed in monotheism, and the hacking narration has not been confirmed yet.

Is SEI buy now?

Sei is long -term SEI issue, but the short -term commercial settings are more clear in 4H. If BTC remains stable, this can represent a highly rewarding input.

A break more than $ 0.35 an opening room to run. You lose $ 0.324, and the bottom of the range goes back to play.

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Main meals

  • SEI’s bullish preparation began to crystallize, and we may look at the best entry point in weeks, but there is hunting.

  • While the daily indicators are flashing up, hunting is that SEI faces rejection less than $ 0.35 and is still stuck in the range.

Post SEI Price analysis: Cup and dealing with Play in play, here is the time of purchase … first appeared on 99bitcoins.

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