SUSHI/USD - Support held, ATH next? 🟢
SUSHI has re-tested the ascending channel support level and it held well despite the significant drop in the overall market early this week.
Now that we made this support, volume on this leg up has been sustained and looking good!
The indicators are also bullish, MACD and RSI are raising nicely.
Right now we have a resistance level just above price which I don't expect to hold us down for long as any further push will take price above it which will clear the path to re-test the ATH level again.
My bias remains bullish for now or until we break this ascending channel which has held the price above it for over 4 months.
Like and follow if you liked this idea! Also join my crypto community to stay in touch and watch my technical analysis videos on YouTube. :)
Now that we made this support, volume on this leg up has been sustained and looking good!
The indicators are also bullish, MACD and RSI are raising nicely.
Right now we have a resistance level just above price which I don't expect to hold us down for long as any further push will take price above it which will clear the path to re-test the ATH level again.
My bias remains bullish for now or until we break this ascending channel which has held the price above it for over 4 months.
Like and follow if you liked this idea! Also join my crypto community to stay in touch and watch my technical analysis videos on YouTube. :)
đź“Ł Find more Alpha by joining Your Crypto Community đź”° LINKs BELOW đź”°
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.