Great buy opportunity in SUSHI🚀Hello guys
As we can see price price brokeout from an Ascending triangle and now forming Falling wedge which is a Bullish indication if it breaks it.
- Wait for the Candle closure above the wedge or buy at retest of the Ascending triangle.
- Put your Stop Loss below the breakout candle or green support area.
- Take Profit:
1- $17.70
2- $20.85 or Trail it with a Trailing SL.
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Sushi
Long SUSHI : nice breakout from 47 days correctionLast month, we have a lot of UNI V3 hype but I still think this is a good time to long some sushi at this moment.
volume trade : uni/sushi about 2
market cap : uni/sushi about 7.7
UNI V3 is great but new project of sushi (lending/borrow) also great too.
I will long some here and cut loss below $15 << fail breakout then I will wait better opportunity to long again.
SUSHIUSDTthis alt shows a lot of shadows in the bearish state which means the power of bearish is temporary
you can observe regular MACD divergence in the lower time frames too so we enter and even wait to lose a lot more value due to market fluctuations but not going to hit our stop loss
👉this idea has the confirmation of advanced price action
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Keep an eye on SushiI entered sushi when I noticed that channel support is valid. (Entry 27.April)
With strong set ups on many blue chip DeFi tokens, the low valuation in realtive terms of Sushi caught my attention.
When Sushi closes above horizontal support it gives me signs of strength rather than weakness for now. For me, possible entries are once a channel breakout (If covered with volume) or if we surpass the local high at 18$.