Sushi
1,1 is the bottom of the bull channelBTC is still under accumulation, some people see the ascending triangle as a bearish sign, and technically it is.
The think is that BTC have a strong support under 50k, and with that money printing a rise is inevitable.
My guess is (not financial advise), BTC could be testing the top of the triangle before a major correction, and on the meanwhile alts will have their pump.
ADA and LINK are my favorite alts at the moment, followed by UNI, DOT and SUSHI.
That ADA bull channel have being working great so far, and as long as ADA don´t break it I am still bullish.
Sushi Swap Holding Support And Should Break Up Strongly TodayI did expect it to hold up around $18.75, but none of this is ever that exact. Seems to be holding on that upward trend line support though.
The next move will get to the mid-$20s where it'll get stopped for a bit and then I don't think it really stops again for any significant time before reaching new highs.
Past patterns are too strong on this one to not do what it's always done.
I love how this thing moves up real fast and then sideways in a channel until it reaches the support trend line and then shoots up.
Buying now will be the last time you get it below $19. No question in my mind on that one.
Buy SUSHI Now! Perfect Setup for a Big BounceI'm looking at the 1-Hour chart and it seems to be the perfect setup.
We're hitting a solid support horizontal line at $19 almost where it meets the trend line support that's been extremely strong pretty much since the beginning.
The RSI is in oversold area. This is too many BUY signals to ignore.
Add in the overall bull market with the overall DEX run and this could see $25 by the end of the week.
Grab them at $19 while you can!
LINK being LINK, the father of DEFILINK is my main Alt investment right now for one simple reason, DEFI exists because LINK exists.
Even though I also love Cardano and Ethereum, LINK will always be the game changer.
But talking about the graph right now, Link has being accumulating for quite some time now and is looking very strong and steady,
a similar movement happened a couple weeks ago, and I believe we are repeating all the way up to the top of the channel.
Just come possible scenarios, be ready for all of them.Predicting possible technical scenarios always give me a better view of my risk, and how I should manage it.
I am bullish on BTC though, I don´t think we could go under 52k with all those good news around BTC, but we have to be prepared for everything everytime.
This graph worked great since the begging of the bull run'Will it keep working? I think soo, ADA had a huge market cap, which means that it is an investment for real HOLDERS, trading it will get you less gains than holding for sure.
Anyways, I just think that leaving some orders around 1,05 - 1,15 should allow us to get some more ADA for the future.
Have a good one guys, and please leave your comments and ideas.
DOT is simple, it just follows the channel There is some correlation between DOT and ADA that I still can`t explain, but every time one pumps the other waits the pull back to pump,
so since ADA touched a good resistance, DOT should follow and pump as well, and it goes like that all the time.
Just stock some DOT and ADA and be happy, have a good one guys.
SUSHI - Breaks UP! 40% in our sights?!SUSHI - 1H
Breaks out of triangle/wedge nicely!
Strong green candle now trading above 55EMA.
Looking for successive hourly candles to trade above short EMAs (8-13-21)
Could do 40% here and possibly pave the way to 100% growth in the days/weeks to come!