Sushiusdt
SUSHI on the way to $23Since the end of April SUSHI has been trending up after it crossed back above the Bull-Market Support Band. SUSHI has consistently made higher highs and higher lows. However, it is currently bumping up against a zone that it has been rejected at many times before. Even in the time when SHSHI crossed over it failed to make the old resistance into support. If it breaks above again will this time be different?
Last time SUSHI fell below the area of resistance was the exact time that BTC went from 60k down to 50k. Everything else was pretty much the same; SUSHI was in an uptrend, the RSI was making higher lows, etc.
So, it seems that SUSHI is not one of those rare coins that moves independently from BTC. Therefore, as long as BTC holds, or moves up, the conditions to put SUSHI back to at least $20, and probably $23 exist.
I don't think $17 is the best entry as it looks over extended in the very short term. If it falls between $15-16 I am getting in on the move back up.
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Trade at your own risk.
SUSHIUSDT Resistance BreakoutSUSHIUSDT(1H CHART) Technical Analysis Update
Resistance Breakout
SUSHI/USDT currently trading at $18.20
Buy-level: $17.85 - $18.20
Stop loss: Below $16.85
Target 1: $19.00
Target 2: $20.00
Target 3: $20.75
Target 4: $21.75
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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RSI reversal on sushi.Hi everyone,
Sushi seems to be going up with the general bullish market today but watch out!
It seems there's a typical rsi reversal going on with sushi on the hourly, I also checked the volume and it's deceasing.
There could be red candles from here onwards upto next 'support'. It's.not actual support since not many candles on this strong sudden uptick.
Note: Please make your own financial decisions. Price can swing wildly in crypto markets, so typical indicators might not always work.
Sushi: Back into Channel (12/5/2021)Kopite Analysis Daily: 12th May 2021 — SUSHI/USDT
Welcome to the Kopite Analysis! Today we’ll be sharing an important pattern related to SUSHI.
At the beginning of the 2021 bull run, SUSHI quickly went up and soon formed a strong ascending channel. However, recent dumps have seen it fall below the lower boundary into 16- levels.
Today and at the time of writing, SUSHI trades at 17+ levels and is set to push back into the channel eventually. If it does go back into the channel, we may see it go all the way to the upper boundary, where SUSHI will set a new ATH.
Should the test of the lower boundary fail, SUSHI may head back to 15- areas.
That’s it for this post :) happy investing!
(NFA, The Above Is Not Intended To Be Financial Advice. Use Charts at Your Own Risk.
Sushi Looks Extremely BullishWelcome, first of all lets simplify things a bit.
1) First of all Sushi broke Bull flag pattern, and I was waiting for retest and its finally here.
2) Secondly, during this retest Sushi has formed Ascending Triangle or whatever you call it. Now we can see Ascending triangle continuation.
3) On third spot I'll put major support level(13.3 -- 14.3), Sushi can strongly bounce back from this level.
4) Fourthly, it have completely breached Bollinger Bands(default configuration), so looking for correction.
Putting all these things together, I am looking for a strong uptrend.
That are all of my words for Sushi. Please let me know what do you feel for sushi.
NOT A FINANCIAL ADVICE.
DYOR!
Cheers.
Sushi - Waiting for the setback. - 4hrs - LONGSushi broke a very very strong bearish resistance. But it took off very strongly. That is why I prefer to wait for a pullback before entering.
MANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total capital. NEVER.
You invited to share your vision in the comments. Thank you
Great buy opportunity in SUSHI🚀Hello guys
As we can see price price brokeout from an Ascending triangle and now forming Falling wedge which is a Bullish indication if it breaks it.
- Wait for the Candle closure above the wedge or buy at retest of the Ascending triangle.
- Put your Stop Loss below the breakout candle or green support area.
- Take Profit:
1- $17.70
2- $20.85 or Trail it with a Trailing SL.
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Medium and micro caps about to EXPLODE It is very interesting to look at ETH/BTC chart. As we can see, the ETH has increased its dominance by over 100% during the past one and the half months. Good signal for the beginning of the current alt season in my opinion. The ETH holders may soon start taking more profits and stuffing them in medium/ microcaps in the respective order. What do you think will happen in the next few months? Please share your opinion! What coins are you holding or plan to get for the next phase of the alt season?
SUSHIUSDT H16: BEST Level to BUY/HOLD 250%(SL/TP)(NEW)SUSHIUSDT H16: BEST Level to BUY/HOLD 250%(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: SUSHIUSDT 16hours/daily//candle chart review
::: strong bullish chart overall
::: both options are BULLISH
::: recommend to focus on buying low
::: I don't think that we are ready to MOON yet
::: accumulation in progress / more time required
::: best trades near range lows for the BULLS
::: it's a strong prior bull market so can
::: so expecting at least one final PUMP
::: BULLS get ready to BUY after pullback
::: TP bulls is 250% gains
::: TP BULLS +250%/+300% gains max
::: patience required next few weeks
::: as we are getting ready for a move now
::: noteworthy compression / tight ranges
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/BUY PULLBACK
::: Sentiment short-term: MIXED/RANGE
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Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.