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Sushi

🆓SushiSwap (SUSHI) July-31 #SUSHI $SUSHISUSHI continues to be budged at $9 but selling is decreasing and $7.50 is a good support so we can expect a strong rally to $9 and $12 within a few days. next. However, if SUSHI loses the $7.5 zone, we have only 1 support left at the $6 zone 📈BUY 🔴Buy : 7.3-7.7$. SL if B 🔴Buy : 8.8-9.2$ if A. SL if B 📉SELL 🔴Sell : 8.8-9.2$. SL if A 🔴Sell : 11.7-12.3$. SL if A ♻️BACK-UP 🔵Sell : 7.3-7.7$ if B. SL if A 🔵Buy : 5.85-6.15$. SL if B ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY and SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
by CryptoStation
3
Sushi Prints Massive Descending Triangle Pattern-SUSHI dropped nearly -25% the last week -Price is hanging on to major support zone -250MA has held price down for 2 months Sushi-swap was full of hype a few months ago as the interest in using a decentralized swap skyrocketed. Price also followed as it rose nearly 5000% in a short 5 month period. Price started to turn around as BTC was flattening out around $60,000. Ever since then, SUSHI along with the majority of the cryptocurrency market has been in a strong downtrend. A newly formed price pattern may give a hint of when the next trend may begin. Sushi has formed a near 2 month long descending triangle which is shown in light green. This pattern is generally a bearish one but does sometimes break to the upside. At the time of writing, Sushi is hanging on to its last major support zone at $6.00-$6.55. If bulls fail to hold this mark, sushi will fall hard. At that point, price would have broken to the downside of its descending triangle and would likely visit levels of $5.57 & $4.88. Sushi-swap has nearly 9 days until the very end of its descending triangle formation. For a bullish breakout to occur, Sushi must first break & hold the major resistance found at $7.11. If this is deemed successful, price will then retreat to next major resistance at $7.76. This is where bulls must battle hard as the 250 MA also lies right near this resistance. As this MA has held price down for 2 months, breaking & holding above this mark will likely send Sushi to its major resistance zone near $10.00. While looking at the Relative Strength Index, we can conclude the RSI is having a hard time at staying above the 50 value. Anything above this value is considered bullish and it must hold above this to see a strong revival. The Stochastic RSI is hanging out in oversold levels. This is the area where the largest price drops occur so strength must bounce above 20 very soon or Sushi is in for another tumble. Sushi intraday levels Spot rate: $6.67 Trend: Bearish Volatility: High
 Support: $6.57 Resistance: $7.10
by CoinGape
1
🆓SushiSwap (SUSHI) July-16 #SUSHI $SUSHIThe selling force at the $7 zone is quite strong so SUSHI is currently falling to the $6 zone, if buying here appears and helps SUSHI increase, it will head towards the $9 and $12 zone. But if it loses the $6 zone, it will continue to fall until the end of July to the $3 zone and we can expect a rally to the $6 zone. 📈BUY 🔴Buy : 5.85-6.15$ if A. SL if B 🔴Buy : 6.85-7.15$ if A. SL if B 📉SELL 🔴Sell : 6.85-7.15$. SL if A 🔴Sell : 8.8-9.2$. SL if A 🔴Sell : 11.7-12.3$. SL if A ♻️BACK-UP 🔵Sell : 5.85-6.15$ if B. SL If A 🔵Buy : 2.9-3.1$ if A. SL if B 🔵Sell : 5.85-6.15$. SL if A ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY and SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
by CryptoStation
1