Sushi
SUSHI/USDT 100% potential from here so what next move#SUSHI/USDT TA Update:1
$SUSHI currently trading at $16.10
And Trading and bounced back from Support level.
So I am accumulating $SUSHI
Entry:- $15-$16.15
Targets:- $19.08/$23.31/$29.59
Stop Loss:- Now $14
But if Tight stop loss then Any candle close below $14 then I will close position.
Support:- $14.7
Resistance:- $19.8/$23.31/$29.59
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LINK ready to explodeLINK just formed a double botton and w pattern against the BTC pair, Link believers have being waiting for that move since the begging of the bull run.
Also, in the USDT graph we can clearly see a potential break of the bull flag leading LINK to the top of it´s channel from $45 to infinity.
Check out my USDT graph as well.
Link is extremely bullish right now, don´t loose it.LINK has being forming a great pattern for a bull run in the next days weeks, out of all the alts that I am analyzing LINK is my biggest bet for sure.
Why? On the USD pair we can only see the end of that bull flag starting to show, but on the BTC/LINK pair is even more bullish, we can clearly see a W pattern forming against BTC.
So, if you want to increase your BTC`s, Link is the way to go right now, be prepared for the jump.
Sushi – Potential 40% gains BUY: 19.9 – 20.7
TARGETS:
1) 24
2) 28
STOP: 17.5 (when a 4h candle closes below this price)
Rationale:
-Price has been moving within a channel for the last 39 days and is trending above the mid-line support
-After recently touching the top of the channel, price has falling back to the closest support level. This is our buy zone.
-RSI has formed a trendline support and is holding above.
-We remain bullish as long as RSI can hold above this trendline and the buy zone.
-A dip under the RSI trendline and buy zone is to be expected. As long as the price moves back up above these areas we can expect it to move to target.
Your risk, your reward. This is not financial advice.
Happy trading.
Sushi (SUSHIBTC) – Potential 87% gains BUY: 0.000342 – 0.000355
TARGETS:
1) 0.000446
2) 0.000544
3) 0.000640
STOP: 0.0003 (when a 4h candle closes below this price)
Rationale:
-Price has been forming a pennant for the last 39 days and is holding above the 100 EMA which has been a strong resistance throughout the uptrend.
-Price broke above the purple diagonal trendline and has re-tested it, turning it to support.
-After bouncing from the trendline it touched the top of the pennant, and price fell back to the closest support level. This is our buy zone.
-We remain bullish as long as price stays above the lower boundary of the pennant. If price breaks below the lower boundary of the pennant it will re-test the purple trendline.
-If the purple trendline breaks, this idea is invalidated, hence the stop is below the trendline.
Your risk, your reward. This is not financial advice.
Happy trading.
BTC trying to confirm the bull flag breakBTC is resisting over the bull flag channel, trying to reach new levels in the next days.
I have some alarm at 57k to take some profits in case we go back to retest lower levels.
But on my opinion we are not retesting the bottom of the channel since we have 2 supports that could hold us right now.
First one is the support levels from the beginning of the bull run around 55k-56k, and the second one is that red triangle that we created recently around 52k.
In all those cases we are set for a uptrend this month to either the top of the triangle around 64k-66k, or 81k.
That´s all folks, have a good one and lets keep our eyes on that channel.