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Sugarusdlong

SUGAR/USDT WILL SURGE TO 0.20 CENTS.To analyze the chart of SugarBoy (SUGARUSDT), let's break it down into key technical components: 1. **Price Action and Trend**: - The current price of SUGARUSDT appears to be hovering around 0.00608 USDT, showing a slight decline in the short term (down -1.46% in the last hour). - However, there are multiple support and resistance levels clearly marked above, which can help identify potential targets for the price. 2. **Moving Averages**: - The chart shows multiple moving averages (12, 26, 45, 78, and 180-period) on the 1-hour chart, which helps smooth out the price action. - **Bullish Signs**: The moving averages are indicating some support around the current price, with the 12-period EMA (Exponential Moving Average) likely acting as immediate support. When the shorter-term EMAs (like the 12-period) are above the longer-term EMAs (such as the 180-period), it could suggest a bullish trend, although it's important to monitor for any crossovers. 3. **Resistance Levels**: - There are strong resistance levels above the current price, starting at 0.00680 USDT, and further up at 0.00733, 0.00805, and beyond. If the price breaks through these levels, it might show strong bullish momentum towards higher targets. 4. **MACD (Moving Average Convergence Divergence)**: - The MACD at the bottom of the chart is showing a neutral stance currently, with no strong bullish or bearish divergence. It’s also hovering around zero, meaning no clear direction is signaled at the moment. - However, a potential crossover or movement in the MACD histogram could indicate momentum picking up, either bullish or bearish, depending on the trend. 5. **Volume and Momentum**: - Volume is crucial in confirming price movements. If volume picks up during a breakout above the resistance levels (e.g., 0.00680 or 0.00733), it could confirm the bullish momentum. - The momentum indicators (like MACD) have shown some slight negative momentum, but if the price begins to rise and the histogram turns green, it could be a sign of increasing bullish interest. 6. **Potential to Reach 0.20**: - While a jump to 0.20 cents (20x from the current price) is a highly optimistic target, investors may be drawn to the chart if they see a consistent trend of breaking resistance levels and a sustained uptrend. - **Critical Price Levels to Watch**: If the price manages to hold above 0.00680 and further crosses 0.00733, there could be a potential for a breakout towards higher levels. Any break of the long-term resistance might ignite further buying interest. ### Strategy for Investor s: - **Short-Term Action**: Focus on the potential breakout above the 0.00680 and 0.00733 resistance levels. If the price crosses these levels, this could be seen as a signal for short-term investors to act. - **Long-Term Vision**: Present the chart with optimism, showing that SUGARUSDT has a solid support base and potential for upward movement. Focus on the upward targets (like 0.0080, 0.011, 0.018) in your messaging. - **Volume Indicators**: Investors may be drawn to large volume spikes if the price breaks higher, so encourage watching volume patterns closely for validation. By highlighting key resistance levels, the importance of moving average crossovers, and the potential for price movement with strong volume, you can present SUGARUSDT as an attractive asset for speculative investment, while also acknowledging the need for careful monitoring of price action in the short term.
Long
by PROFITPULSE10X
Forecast SUGAR#FOOD #SUGAR Cheap sugar is only in our dreams. At the moment, the accumulation phase is nearing its end. The technical figure "flag" begins to be traced, the exit of the market from which, according to the canon, should take place upwards. The first target will be the resistance level ~24. Its breakdown will send futures with a high degree of probability to cross the global level at 39, which is approximately x2 from current prices. This is possible if the world system plunges into hyperinflation, the signal for which is already given by the actions of central banks (yesterday's post on the Bank of England). Under such a scenario, it would be wise to buy food and essentials at current prices.
PEPPERSTONE:SUGARLong
by airstels
Uptrend in sugar confirmed - buy opportunityIn my last post I indicated a great buy opportunity on sugar at 0.100. Now one week later, sugar is trading roughly 7.5 percent higher at 0.1075. We can see it forms a nice uptrend since the strong rebound at 0.900 price level, forming a support line with the support at 0.100. We are dealing now with the previous local high of 0.108 early May, and we will battle with the 50 Daily EMA. However, the strong rebound, with the uptrend, breaking the downwards trend of the last months, makes me believe we will breach this level, catching attention of a lot of people. Breakout will lead to stronger momentum and new high’s. It’s still a good opportunity to get in now. Time it well and choose your own SL/TP levels.
OANDA:SUGARUSDLong
by pptw
Long opportunity Sugar after <10 levels are clearly rejectedSugar. It was in a clear downtrend from mid February. It tested the psychological level of 10.00 mid-april, broke through, found impulse-bounce support on 9.00, to go straight back to 10.00. After 10.00, it broke out, and slowly retraced back to 10. Since the impulse from 9.00 to above 10.50 went quick, and the retracement back to 10.00 slow, we can see assume a new impulse back up is likely. Also, it seems we have broken the negative downtrend. Since we are at the support of 10.00, broke the down trend and had slow retracement to 10.00 levels, now seems a good buy opportunity.
OANDA:SUGARUSDLong
by pptw
CFDs on SUGAR (SUGARUSD)Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates. One way the Djinn Indicator is used to enter and exit trades: For best results trade in the direction of the trend. The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30. When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered. When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered. This trading strategy works on daily, weekly and Monthly Djinn Predictive charts. Trades made when the monthly, weekly and daily arrows are pointing in the same direction are the most profitable. This is not trading advice. Trade at your own risk.
OANDA:SUGARUSD
by Dinjin
SUGAR FUTURES (SB1!) DailyDates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates. One way the Djinn Indicator is used to enter and exit trades: For best results trade in the direction of the trend. The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30. When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered. When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered. This trading strategy works on daily, weekly and Monthly Djinn Predictive charts. This is not trading advice. Trade at your own risk.
ICEUS:SB1!
by Dinjin