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SUSHIUSD

SUSHIUSDT - Buy when this flag confirmedBYBIT:SUSHIUSDT 1H trend chart - SUSHI is building a short-term bull flag . Now it just broke it out in 1H chart. If price can keep being here without long upper shadow line, trading strategy as below. - Profit Targets: a) 11.88----Fib(1) b) 12.483~12.727---Fib(1.272~1.382) c) 13.251-----Fib(1.618) Stop losses: a) 10.239----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading
Long
by EthanTW
4
Sushiswap: Good Chart, Dicey TechnicalsHey everyone, So Sushiswap I entered to take advantage of this giant W pattern on the weekly, which should retain the 0.618 fib level and teleport to $16.74; current gain of 64%. The technicals though look bleak, with 0xMaki leaving his leadership position of Sushiswap, the man who took Sushiswap from a rug pull to a real Uniswap competitor, I think alone has dissuaded a lot of retail investors. There also is a second issue of a “$1b bug” which a white hat hacker gave to Sushiswap, only to be rejected by the devs. There was the Miso hack of $3m dollars as well, although fault of the auction contract, still reflects on Sushiswap. I also am not a fan of the $12.6M given to Celo for liquidity provider rewards, but that’s a small amount given Sushi’s TVL. Sushi does have some very strong attributes going for it. With Arbitrum and Optimism being the clear next goldmine in crypto (L2), Sushiswap was one of the front runners on Arbitrum, which as we’ve seen with DyDx, L2 can bring a lot of money upstream, fast. MISO has grown into a very lucrative and successful launchpad, with many launches of successful projects under its belt. Sushiswap also has been the clear winner in the AMM arena in going multi chain, but very obviously has slowed this effort down and lost on a lot of revenue with its lack of support for AVAX and SOL. With JOE on AVAX gaining huge value and being nothing more than a Sushiswap fork, this was a clear loss on Sushiswap’s part. Point being, chart looks good, but is this bad news and lack of fast innovation Sushiswap used to be known for the reasoning behind it falling behind the pack?
FTX:SUSHIUSD
by Mattysalads
3
SUSHI - is going to break this resistance 😱😱SUSHI approaches a key level. With price forming higher lows and squeezing, this is a good signal for a breakout and continued gains. Buy after a breakout or retest. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Long
by Yuriy_Bishko
6
(UPDATE) SUSHI has confirmed a Bullish Run Up to 13$!Hi every one SUSHI/USDT This is an Update on the last analysis on SUSHI! as you can see the bullish Break out has happened so It is safe to say that It can reach 13$(as much as the measured price movement!) The Price might wanna Do a Pullback Before ascending Further! Previous Analysis: 💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
19
SUSHI on the verge of 7 and 13$ !Hi every one SUSHI/USDT SUSHI has formed a Symmetrical Triangle! this pattern Can Increase or Decrease the Price of SUSHI depending on the Break out which is gonna happen soon! but there is also a bearish sign visible on MACD! as you can see there is a chance that a Bearish Cross happens on MACD.(MACD line is about to cross The Signal Line Downwardly.) This can mean the chance of seeing SUSHI at 7$ is Higher than Seeing it at 13$! But only time can tell what is gonna happen. Summery: -SUSHI's Symmetrical Triangle can Increase or Decrease the Price! -Bearish Cross on MACD! -higher chance to reach 7$ than 13$. 💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
14
SUSHI/USDT 2000% Potential from here so Read full IDEA#SUSHI/USDT Bullish Alarm : #sushi Ready for $195 mean almost 20x From here. 1st- Need to break $14.50 with good Volume . Mentioned Two Entries ( Spot ) 2nd- #Sushi Below $6 Bearish As per Chart need to breakout the Bullish chart and if break $14.50 then #SUSHI will be skyrocket. It doesn't mean you go All-in. No guys Manage your risk also. I am buying some here like 5% and if dip then I will buy another 5% at my 2nd Entry. But if any Daily candle close below $6 Then I will exit. So follow your risk management also. Support: $9.00/$6.00 Resistance: $14 #DYOR
Long
by CryptoPatel
21
Sushi Swap Fails To Break Major Resistance Zone-Sushi has risen over 13% the last week
 -Price has been held up by 400 MA
 -Sushi Swap is heading towards its mid term trend line

 Sushi Swap has been doing fairly well over the last week compared to other coins in its class. Prices are up nearly 13% compared to the majority of coins being down -5%. Sushi Swap hosts a very impressive decentralized app as it offers staking, farming, swapping along with many other services. This platform has been growing in popularity & users over the last month as decentralized finance continues to eat away at all the centralized systems. As long as the market continues in a bullish fashion, we should expect SUSHI to continue rising in value. 

 Ever since SUSHI pumped off its low in late July, price has been holding above a mid term trend line very well. Price has bounced off this trend over 5 times which shows it can be relied upon as a strong support area. At the time of writing, SUSHI Is heading towards its last major support of $11.21 before price reaches this mid term trend. A bounce is likely at this trend as it also sits right next to the 400MA. This MA has been acting as support for over a month now. Any break below this MA & the mid term trend line will result in a bearish trend. 

 Considering the fact that SUSHI is near major support areas, we may also see a bounce off these levels as it has happened in the past. At the time of writing, SUSHI is trading near the end of its 5 day wedge. A break to the bottom trend of this channel will surely cause price to fall to major support of $11.21. If bulls manage to gain strength in the current moment & SUSHI breaks to the upside of this wedge, price will have to battle out the minor resistance of $12.17. In the event that price breaks & holds this, SUSHI will then head to its major resistance zone that must be fully broken to reach the given targets. 

 While looking at the Stochastic RSI, we can see strength just fully reset to the oversold region. If strength manages to gain its footing & bounce above the 20 value, SUSHI may be in position to pump out of the top of its wedge. The MACD recently broke the 0 value & is heading down into bearish territory. As long as the MA’s can cross bullish & bounce back above the 0 value, SUSHI will have a good shot at breaking its major resistance. 

 SUSHI Intraday Analysis Spot rate: $11.56 Trend: Bearish Volatility: Medium Support: $11.21 Resistance: $12.17

by CoinGape
1