My apologies, as I am late posting this, but SEI does look like one of the better new-ish layer 1 opportunities currently.
The .33 level was an area of interest for me, as it was right at the bottom of this falling wedge that we are in, it is the .618 from its most recent big advance, and it is also the area where it launched its self from after retracing for its big advance from its last big upward move.
We are currently not very far from that price point sitting at .36 right now. I would buy as close to the bottom of the wedge as possible, or wait for it to break out of the wedge and gain it as support.
If the falling wedge gets invalidated, the next area that SEI would probably head to would be the .25 cent area.
If we do break out of the wedge to the upside, .39 cents needs to be established as support.
Targets: .71, 1.90, 3.00, and 4.65.
Anyway, I do think that this is one of the better opportunities for newer layer 1's right now.
Thank you!
The .33 level was an area of interest for me, as it was right at the bottom of this falling wedge that we are in, it is the .618 from its most recent big advance, and it is also the area where it launched its self from after retracing for its big advance from its last big upward move.
We are currently not very far from that price point sitting at .36 right now. I would buy as close to the bottom of the wedge as possible, or wait for it to break out of the wedge and gain it as support.
If the falling wedge gets invalidated, the next area that SEI would probably head to would be the .25 cent area.
If we do break out of the wedge to the upside, .39 cents needs to be established as support.
Targets: .71, 1.90, 3.00, and 4.65.
Anyway, I do think that this is one of the better opportunities for newer layer 1's right now.
Thank you!
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We're probably at least headed to .26 cents. The bearish divergence is really strong all the way down from the 3W chart on BTC. 
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.