SUSHI/USD possible breakout incomingOther DEX's are running; see UNISWAP.
Expecting a small pullback if ETH and BTC retrace a bit after the weekend run-up. SUSHI has some support levels at ~12.60 and ~13.60. I'm laddering into SUSHI in 2 tranches: 50% at spot price now, and another 50% at one of the support levels.
Planning on taking back my cost basis as it runs up to the short-term price target and I'll sell off a 100% cost basis at the longer price target.
PT Short Term: $20 - $22
PT Long Term: $28-$30
End result: Moon bag of SUSHI.
SUSHIUSD
SUSHI FUNDAMENTAL DRIVER! (Hopefully UP AGAIN!) YumHello there! Don't mind my weird drawings again 🤪
We have seen a BREAKUP⏫ from an important resistance-zone at ~14.3, that was built up over the last month or so.. Nice!!
SUSHI-SWAP, along with a few other tokens, was just listed TODAY on GEMINI exchange(Number 1 trusted crypto exchange as some say).. 🆗👏👏👏💲🏁🏁🤩
IMO we have seen one H&S ( as drawn XD) above, and now we are entering our second H&S for a nice upswing to our best case scenario target at approximately 💲18.5 dollars through mid MAY 📆📌📅
This could make for a NICE bull run!🍤🐮🍣⏫
Let's take a look at SUSHI fundamentals from previous idea before you are convinced SUSHISWAP go LONG 🏁🏁
👇👇
What is SUSHI🍣?
-It is a decentralized exchange (DEX), that was created to expand on the ideas of UNIs vision. SUSHI believes in straying away from KYC , less KYC = less control. This is what we want going into 2021 am I right🤔😄💙?!!
-SUSHI is inflationary, meaning eventually the value of holding a SUSHI will not be as great as it may have been years🕘 ago..
- However, since this token is still just getting started, and has not even come close to reaching its coin market cap, we have a long way to go and much potential profits🤞💲, to be made.
-🍣SWAP runs off of liquidity pools, and also they use AMMs (Automated market makers), meaning investors earn the token from depositing ETH into SUSHI's liquidity pool.💲🤞🌊💧
-SUSHI was founded just last year AUG 2020, and started strong. Shortly after the kickoff ⚽🏃♂️, the original founder🐼 decided to withdrawal 14 Million 💲 in September of 2020.
Now, in April 2021, not only has SUSHI 🍣 fully recovered😄, we have reached a new ATH! WOW👏. SUSHI now has new leaders, and is going strong, teaming up with POLKA DOT creating a cross-chain DEX, among other networks SUSHI is getting involved in, so that it can keep going strong💪.
Swap has great potential into 2021. Since COINBASE is about to go public, more independent, tokens such as SUSHI🍣 are going to be the shining stars⭐🌟, of the decentralized finance (DEFI)📲💲, world🌎😄!
Remember, SUSHI is run through ETH, so they will be correlational to a certain degree.
Invest wisely! The market is very volatile and can be dangerous..
Always have a stop loss ✋🛑, set.
Any questions🤔, thoughts💡💭, happy😃, sad😢 like or dislike 👍👎 in comments below! Thank you so much!
🛑🛑🛑This is not financial advice🛑🛑🛑
Always have a stop loss ✋🛑💲 set please!!!!!
Thank you so much!
Jazerbay ☯
Potential for SUSHI to Push Up in the Near TermThe use of the Phoenix Ascending indicators and Bad Ass Bollinger Bands (BBs) to predict the SUSHI USD price in the near term (1D-4D). Please note that the Phoenix Ascending indicators and Bad Ass Bollinger Bands are freely available. Please see publications by @WykoffMode to learn how to use and interpret these indicators. As illustrated in the chart, the white energy (WE) in the 1D may have reached an apex and may start to exhaust and cross down below level 50 by May 6. The green exponential moving average (EMA) might be crossed by the red stochastic relative strength index (sRSI) by May 5. The blue least squared moving average (LSMA) may continue to increase in the near term (1D-4D). The bodies of the daily candles for the SUSHI USD price might be observed in the white-aqua upper BBs (within the white colored rectangle in the chart; price range = $15.97-$16.01). This is not financial advice. I am not your financial advisor. This is my opinion.
SUSHI/USDT is on verge of descending and ascending!Hi every one
SUSHI/USDT
SUSHI/USDT has been in a descending triangle for quite some time! the triangle has broken downward and the pullback to the triangle bottom line has been done which means the price is ready to continue the bearish movement as much as the measured price movement(AB=CD) but there are some signs that might make the price move the opposite of what we expect! as you can see there is Hidden bullish divergence (+HD) on MACD and the MACD line is about to Cross the Signal line upwardly this means there is a Chance that SUSHI would increase and break the descending triangle pattern and start a strong bullish movement!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
$SUSHI - Is this the first coin to finish its 5 waves this run?It's hard to look at this coin any other way to be honest. That first A wave retrace gives it all away. We could see B come up a good ways -could even test ATH and above- but make no mistake, Sushi may be done this time around.
Trade Safe. See you in the trenches!
SUSHIUPUSDT BULLISH!Downward trendline of SUSHIUPUSDT has been broken out!
MA 100,200, and 50 have crossed with each other and made a bullish CROSS!
Time for SUSHIUPUSDT to fly high! I target my self $10. After that I predict that there will be some retracement.
So Buy now, reap the profit now, remember to analyze by yourself first, please if you have another opinions, share it in the comment section. !GO SUSHIUPSUSDT GO! !GO DEX!
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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