Sushi (SUSHI) - July 21hello?
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(SUSHIUSDT 1W Chart)
Whether it can move higher than 2.793 is the key.
Failure to move above 1.578 is expected to lead to further declines.
(1D chart)
The key is whether it can rise above the 1.417-1.578 section.
If it goes down, we should see if there is support near 1.002.
- As the RSI and Stoch RSI indicators fell in the oversold section, there is a possibility of a short-term decline.
- At this time, it is necessary to check whether the price can be maintained near the 60 SMA line.
If it doesn't, there is a possibility that it will fall near the lower line of the bollinger bands.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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