Sushi
SUSHI: Long and ShortSummary:
1. SUSHI seems relatively strong in this downturn.
2. Several converging points seem to suggest a Long for SUSHI to the green rectangle.
3. A short can also be placed to hedge with a target to the red rectangle.
Chart: Daily
Scale: Linear
Trading Pair: SUSHI/USDT
Breakdown:
- Price broke above the upper parallel line of the red Pitchfork.
- This retrace came back to retest the upper parallel line of the red Pitchfork.
- A single negative vector extrapolation intersects at the projected reversal point (yellow box) adding confluence to the idea of a reversal to the upside here.
- Price is sitting slightly above an inner frequency line that did not break on this retrace.
- There is sloped (same slope as the pitchfork) inner frequency line in the counter trend pitchfork (green) that also intersects the reversal zone (yellow box).
- Lastly, the Hagopian's Rule seems to be in play as well with the failure of price to reach the center median line in the red Pitchfork.
SUSHI, SUPPORT COMING SOON !!!Sushi may be supported somewhere around 6.75 .
Stay tuned for updates please.
-Thanks-
$sushi to 20sSushiSwap (SUSHI) is an example of an automated market maker (AMM). An increasingly popular tool among cryptocurrency users, AMMs are decentralized exchanges which use smart contracts to create markets for any given pair of tokens.
this crypto can rock
sushiusdt buy and hold for short term sushi is in a good position and there is a lot of volumes expected in the short term sushi will fly buy and sell targets are on chart buy as per mention and hold for all targets
if you like my idea please like and share
sushi backtestnot financial advice just my backtest
use stoplose if you want to try
have a nice day!
Sushi/usdtSushi/usdt
4 hour time frame
formed bullish Bat pattern
in 4 hour RSI bullish
in daily time frame rsi is bearish
we can see upward for short time frame
Dyor
NFA
SUSHI LTF 4h correction?Seems like the bearish divergence on 4h chart is playing out.
The EMA 21 support did not hold.
Overall SUSHI did 100% with little to no correction so I think 30% corrective move is healthy with making HL and continuing with the uptrend.
If we do not make HL and make LL instead or lose $7.5-$8 support, there is a high chance we are gonna revisit the HTF range low (around $6) --> Check out my related idea on why was sushi currently pumping from the HTF pov.
SUSHI could deliver fireworksOne last thing for this year: SUSHI might deliver fireworks if it can get past resistance. Next stop would be 13.5
Sushi pumping, why?HTF perspective --> sushi hits range low --> pumps towards mid range or range high
It is still in the huge downtrend, so far playing the range --> 3 possible scenarios ?
IMO we hit the mid range, after that, keep an eye for a while to decide which direction we go
SUSHI ANALYSISHere quick look
Sushi made a 10.6$ high and now coming back .
It having a support zone 8.8$ and 7.97$ from there sus hi bounce to 12.370$,14.266$ targets
All we need to break a descending triangle
thank you
SUSHIUSD is crossing into Bull Market territoryThat's bullish. #letsgo
If we can start closing above 10.50, we in bullish territory. The bull market support bands are 20w 21w ema sma.
What crypto are you watching?
$SUSHI, UCTS printed a 1D Buy signal while testing ~7.2$ area $SUSHI /USD
UCTS printed a 1D Buy signal while testing ~7.2$ area that I identify as a resistance
Volume also looking strong, lets see if it can show continuation..
If manage to hodl/flip, then looking to ~8.6$ as next important level to watch
#SUSHI
SUSHIUSDT-SHORTThere is a short position in SUSHIUSDT Sushi
SUSHIUSDT Sushi
🔴Short Now or set on Key Level 9.830
🟢Target 1 8.630
🟢Target 2 7.770
❌Stop loss 10.260
#K_Level
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SUSHI/USDT ChartHi, I try to post often so if you could follow, like and comment your thoughts it would mean a lot.
SUSHI had a good run in the past week, and after having a run from the 5.10$ range to 10$ today I think that the coin will have a correction now.
In the 4H chart we can see a bearish divergence showing up recently so we have a very nice short set-up in the short/mid term. I can't speak about the long term but in the short term I'm preety sure that we will have a correction. A good target would be around the 8.50$ support.
Another bearish factor for altcoins is the fact that BTC just brokedown the 48K zone and the market isn't showing that strenght and confirmation that we need to resume the BTC uptrend. Thanks for your attention and good luck on your trades.
$69 is coming in the 1st wavecrab harmonic pattern:
X=$271
AB=0.61 XA
BC=0.38 AB
*1.6 BC=$69.2
0.78 XA=$69.5
0.88 XA=$131.5
2 BC=$133.6
2.24 BC=$201
*2.6 BC=$387
1.13 XA=$622
1.27 XA=$1538
*3.6 BC=$2163
1.41 XA=$3705
4.23 BC=$6265
*1.6 XA=$13943
SushiUSDT Prediction Here is two scenario for Sushi...
If any candle close under 4.5 the scenarios will be failed.
SUSHI mooningHey Trader,
please see my current idea on the Sushi Crypto, where my count suggest that we are done with wave 1 and 2 which would now lead to a wave 3 extension to either 1.618 (which is equal to target 1) or to 2.618 (which is equal to target 2).
Let me know your thought.
RT
SushiSwap (SUSHI) Buy ZoneSushiSwap (SUSHI) Buy Zone
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BIAS
Mid-Term : Bullish
SUSHI formed bull flag in 1 day time frame and currently retesting below it and we might see a further drop toward the marked support level which is around $5.3
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$SUSHI/USDT SPOT SETUP
Entry Price : 5.05 - 5.4
TP 1 : 5.63
TP 2 : 5.98
TP 3 : 6.8
TP 4 : 7.184
TP 5 : 8.07
TP 6 : 8.482
TP 7 : 9.174
Stop Loss : 4.321
*Stop Loss - SUSHI daily close below 4.321
*Maximum 5% of Portfolio.
*Whenever TP 2 hits, Move stop loss to entry.
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Sushi - #sushi $sushidear friends
this is possible for this coin.
I think it'll have a pullback and then go up.
check for lower prices to enter.
