SUSHIUSD
Understanding whats going on SUSHI right now!I have been watching sushi usd recently while it was in a down trend and in a sideways. I was waiting for a signal or a pattern to show upp and look that if we are in a upptrend. and right now i can confirm that we are in a upptrend right now becus of the higher highs and higher lows.
- How do you identify a downtrend?
Another way to think of a downtrend is that it's a sequence of lower highs and lower lows. Moving from left to right on the chart,the impulse waves each reach a lower price than the last impulse, and the highs of each correction also move down.
- How do you know if trend is sideways?
A sideways market is when prices of investments remain within a tight range for any period. They don't make higher highs or a breakout above the previous highest price. If they did, that would indicate a bull market. They don't make lower lows or drop below the previous level of support.
How do you know if trend is in a upptrend?
In an uptrend, each successive peak and trough is higher than the ones found earlier in the trend. The uptrend is therefore composed of higher swing lows and higher swing highs. As long as the price is making these higher swing lows and higher swing highs, the uptrend is considered intact
SHORT SUMMARY :
Downtrend : You can spot the downtrend by looking if the chars is making lower lows and lower highs. If it does lower lows, and lower high then you should know the market is in a down trend.
Sideways: the charts dosent make lower lows, lower highs, higher highs or higher lows. It remains in tight range for a moment.
Upptrend: You can idetify the upptrend by looking if the charts are making higher highs and higher lows.
SUSHI - 4h. The growth potential ends in the range of $19-20It took SUSHI buyers 8 days reached the target of our previous idea :
A new wave of growth began after the test of the lower trend line of the SUSHI channel.
Low volumes during the attempt to break the trend line of buyers gave rise to a new wave of growth. From January 27, the price of SUSHI increased by 89%.
Now buyers are trying to gain a keep above the black trend line, which has slowed growth in the SUSHI market since January 25.
Consolidated above this mark and the range of $12.15-12.83 - buyers will continue to grow to $19-20 . The strong trend on the SUSHI market, supported by high trading volumes, may continue without correction.
An alternative scenario is to lose the range of $12.15-12.83 . In this case, buyers will show weakness and we will expect a test of $9-9.8. In this range, it will become clear whether there are any buyers left in the market to push the price up.
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Sushi to $30 in month .. don't panic sell
$SUSHI currently trading at $14.95
bounced back from Support level .
So I am buying SUSHI
✅ Buy: 14.5 - 16 ✅
🎯TARGETS:
1- $18.95 (27.71%)
2- $23.10 (56.33%)
3- $30.00 (102.0%)
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below 11.31
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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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SUSHI/USD - Is Sushi getting ready for a pump? Looking good!SUSHI touched the support line twice and now we should aim to break this resistance and move higher soon with a first target at $17. The next target levels are on the chart.
We also have a bullish divergence on RSI (see yellow arrow) and on daily timeframe Sushi seems to prepare the rocket.
I'd put an alarm around this area and seek to long a break of this resistance for some nice gains.
But patience, we need a break first and on some decent volume. Probably will happen in parallel with ETH/BTC breaking their major resistance levels.
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Sushi – Potential 40% gains BUY: 19.9 – 20.7
TARGETS:
1) 24
2) 28
STOP: 17.5 (when a 4h candle closes below this price)
Rationale:
-Price has been moving within a channel for the last 39 days and is trending above the mid-line support
-After recently touching the top of the channel, price has falling back to the closest support level. This is our buy zone.
-RSI has formed a trendline support and is holding above.
-We remain bullish as long as RSI can hold above this trendline and the buy zone.
-A dip under the RSI trendline and buy zone is to be expected. As long as the price moves back up above these areas we can expect it to move to target.
Your risk, your reward. This is not financial advice.
Happy trading.
SushiSwap ($SUSHI) Going to $24+ in the Next 24-48 HoursBuy Price: Under $19
Target Price: Top of Trend Line (Whenever that is)
With $CAKE going up 20% in the last 24 hours and now $UNI going to new ATH on the news v3 is imminent, $SUSHI will be making the run any minute now. I expect it to happen in the next hour at most.
Get on this sub-$19 buy while it's available. You won't see this price again!
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.
SUSHIUSDT (Ascending Triangle breakout)SUSHIUSDT (4H CHART) Technical Analysis Update
Ascending Triangle breakout
SUSHI/USDT currently trading at $21.00
Long Entry-level: $20.50 - $21.00
Stop loss: Below $18.00
Target 1: $23.00
Target 2: $26.00
Target 3: $30.00
ALWAYS KEEP STOP LOSS...
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