$1.50 Sushi?
Based on current sentiment and price structure the probability that SUSHI heads towards $1.50 before breaking bullish out of this falling wedge is very likely.
The daily RSI broke a trend of support it had established in January and it appears we just had the bearish retest and are starting to break back down.
I think it's reasonable to expect a real capitulation before the bull take back the reigns.
The daily RSI broke a trend of support it had established in January and it appears we just had the bearish retest and are starting to break back down.
I think it's reasonable to expect a real capitulation before the bull take back the reigns.
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.