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SUSHIUSD

SUSHI/USD - Refueling before $9!SUSHI has reached quite an unexpected price in such a short time! Almost $8... after an amazing run from .50 cents! Congrats to anyone that held until this price! If you are looking for the next possible target, then Sushi may attempt to reach its previous ATH levels at around $9 as indicated by the daily resistance line. Therefore, if this correction is not sustained, we should find support at $6 or $5 after which price should resume it's ascending move. However, there are some signs of concern with MACD on daily ticking lower on the histogram, indicating momentum may be fading, at least for now and RSI is turning down. If we fall below the $5 level then I would be concerned and turn bearish as that would indicate we may have made a local top and price will take time to recover back. The current drop was triggered by ETH being rejected from ATH level, but it may quickly recover at which point the market should resume its up-trend. So keep an eye on ETH. Like and follow if you liked this idea!
Long
by DU09
SUSHI 12h If you keep Sushi too long, they may spoilIt has been a long time since the previous ideas were published. And during this time, a lot of interesting things happened on the Sushiusdt chart. Probably the most memorable squeeze for $1. Then the lovers to trade with a margin leverage and even without using stops were very painfully shaved. And those who organized this flow bought very cheaply. Since then, the price has been growing steadily and without stopping, having already made almost x6. Now, the price reaches the strong level of $5.90-6.0 0 and doubts begin to creep whether buyers will be able to move up. Fixing the price above $6 will give an opportunity to grow to $7.50. But if we take into account the fact that all the growth happens on falling volumes, the thought running through my head that a fall into the zone of $2.75-3 is more likely. Although, one manipulator knows how much he still has strength to push the price up without volumes. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
8
SUSHI / USD - On the road to $6 SUSHI has been a very strong performer since early November. We touched $5 and went lower to the support zones, but today we recovered the losses from yesterday entirely! Today's daily candle is a bullish engulfing one (meaning it's size covers and exceeds the body of the previous red candle), which is very bullish! Looking at the structure we are forming, I see a wedge which still has some fuel left to take us to $6 before a meaningful correction can take place. Therefore, I would be very cautious about buying SUSHI around $6 since at that level we have some important resistance. Only a clean break up of the wedge could give us enough confidence that we can pass $6 without concerns. The indicators are also looking good right now, showing momentum for SUSHI remains intact. However if a bearish divergence forms on the RSI at around 6$ this will probably spell that a significant correction is due. Like and follow if you liked this idea!
Long
by DU09
2
Here's How SUSHI/USD Could Be The Best Performing Asset Of 2021Welcome everyone, My name is Schyler with NewWave Traders. NWT is a movement in Elliott wave and trading education, a movement in creating independent and profitable traders, and a movement in lifestyle. I've been a full time trader since 2017 in the crypto markets and I help traders create a full time income for themselves without working the full time hours by mastering a proven Elliott Wave trading system that will allow you to trade on your time and live the life you deserve. Hit the follow & like button if you'd like to make it a reality. I've helped hundreds of traders just like you make it a reality for themselves. Looking forward to helping you create your success story and life. Let's Talk SUSHI/USD... When an asset hits price discovery territory the potential becomes infinite and price discovery for SUSHI is what we'd be looking to explore with this Elliott Wave count. The first wave has formed a rising wedge with a 5-3-5-3-5 structure that is the start of something. The big variable here is really just where wave 2 will pull back to. In this chart I'm hypothesizing that it will pull back to 2.07. This matches up with the channel support that is commonly used to identify waves of an impulse as well as targets. The 3rd wave is projected (on log scale) for the 1.618 extension of wave 1. The deeper wave 2 pulls back the lower the 3rd wave target becomes. The orange dotted lines highlight previous swing lows that will want to be defended, with the lowest orange dotted line being the most important low to protect. Invalidation of this count will be the origination of wave 1. I chose 2.07 as the most probable support due to price, channel support, fibonacci retracement, and a 1:1 ext of the A wave in the start of the correction. All this lines up nicely for support at 2.07 which is approximately a 30% retracement. Check out the signature below to learn how to become a full time trader without the full time hours by mastering a proven Elliott Wave trading system unlike anything else available on the market. To Your Success, Schyler
FTX:SUSHIUSDLong
by NewWave_Traders
14
✳️Sushiswap/USDT (7/11) View + Trading Plan#SUSHI $SUSHISUSHI is moving sideways around the 2-2.1$ zone to gather more momentum to pump up to the 2.5$ zone over the next few days. This is an area that definitely has a strong selling force so we need to be careful. But if SUSHI breaks through this 2.5$ zone, it can rise dramatically to 4.5$ But after exiting this sideways move, SUSHI can fall sharply to the 1.4$ or even 0.6$ zone 📈BUY-LONG -Buy: 2-2.1$.SL if B 1.8$ 📉SELL-SHORT -Sell: 2.5-2.6$ if B.SL if A -Sell: 4.5-4.75$ if B.SL if A ♻️BACK-UP -Sell: 2-2.1$ if B 1.8$.SL if A 1.8$ -Buy: 1.35-1.45$ if A.SL if B -Sell: 1.35-1.45$ if B.SL if A -Buy: 0.6-0.65$ if A.SL if B ❓Details Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
by CryptoStation
SUSHIUSDT TA STRUCTUREHello Traders This is not a buy or sell signal. This is just what the price is giving us with TA. So as you can see in the chart price is on a lot of dynamic and static resistance, but the momentum gives me the idea that it is possible that sushi can break above all that and reach a minimum of 3$ and if not fall to 2$, which is a perfect entry to go long. ------------------------------------------------------------------------ What is your opinion? Comment below. If you like the idea, please hit the like button and follow me so that you won't miss the updates. The information given is never financial advice. Always do your research too. Goodluck.
by Crypto_MD
14
SushiSwap and Synthetix lead DeFi tokens in recovery The cryptocurrency market is in consolidation but SNX and SUSHI are flying the bullish flag high. Synthetix is poised for a 60% upswing above the ascending triangle pattern. The cryptocurrency market is awfully quiet since the week started. The weekend session saw some considerable movement, amid the push by the bulls to recover from the losses incurred last week. However, SushiSwap (SUSHI) and Synthetix (SNX) appear to have broken away from the rest to post the biggest double-digit gains among the top 50. SushiSwap breakout eyes $3 SUSHI/USD is up 13% in the last 24 hours. Recovery was significant after the dip to levels slightly under $2. An ascending parallel channel has come into the picture and even boosted the price action after the middle boundary resistance was broken. Meanwhile, SushiSwap is trading at $2.6 while dealing with the uphill battle of breaking above the channel's upper boundary. The Relative Strength Index seems to have reinforced the bullish outlook with its movement into the overbought region. SUSHI is likely to continue with the upward motion until the RSI starts to reverse due to overbought conditions. Synthetix rally is in the initial stages Synthetix has rallied over 16% in the last 24 hours. The decentralized finance token is trading at $5.45, as bulls push to sustain gains above the already broken x-axis of the ascending triangle pattern. The RSI is in tandem with the upward momentum, moving higher within the overbought region. If the breakout above the triangle is sustained, Synthetix could swing upwards by 60% to trade close to $10. For now, rising above the hurdle at $6 is key for the continuation of the uptrend. On the downside, a correction will seek refuge at $4.75, a region highlighted by the 50 SMA and the 200 SMA.
BINANCE:SNXUSDLong
by CoinGape