We see SUSHI hitting diagonal resistance, which seems to be forming a rising wedge pattern.
Target would be the VAH of 1.526
Target would be the VAH of 1.526
Note
Hi Guys!I just wanted to give an update on SUSHI.
looks like my last post was a stop-hunt.
But it is finding resistance at the top of the wedge.
Please manage your risk appropriately :)))
updated chart is shown:
Note
Just a little update on SUSHI's price action.We see it make a small rally to the upside, having a failed retest on what seemed to be an ascending support line.
My bearish bias has not changed, as it is still forming a rising wedge pattern
Please see chart below
Note
SUSHI finds support on the VAH & bottom of wedge.continuation to the upside? more likely.
But take heed of the the bearish pattern formation
Safe Trading Friends <333
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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.