SEI - Potential Elliot Wave 5 Completion in progress

SEI - SEI

There is a potential set up in SEI with a decent risk:reward ratio of 9.5

❌We want high volume but we do not have it yet
✅OBV is breaking out (might be an early sign of volume to come)
✅ We are above the 21 day moving average and above the diagonal support line

The 21 day MA and diagonal support line could offer a buying opportunity for any new participants, I have a tight stop placed at $0.74c. You will also see a 5 wave Elliot wave structure with the final 5th wave looking to reach the golden fib ext of 1.618 @ $1.57c.

We have a structure here to work with, a good RR and tight stop levels to protect us.

Sei is the first sector-specific Layer 1 blockchain, specialized for trading to give exchanges an unfair advantage.

Lets see how it plays out

PUKA

노트

Good Entries here down to the diagonal line...as anticipated.

노트

Here we go folks.

Ideal entry off diagonal support/21DSMA with stop placed thereunder.