Sushi rising wedges that break upI don't know any more if rising wedges break up or down. Last one broke up. This one is a tad different in that the RSI didn't pullback to support, so I imagine it should break down as the RSI tries to reach support.
If sushi continues up, it can be generalized for all alts and vice versa. Market has been quiet after these last days of volatility, probably to decide on the direction.
Sushiusdt
SUSHI - BUYING Breakout and massive buying after dumpSushi on a nice breakout from ATH's after massive dump but strong buying eating it up to where it is now.
SL about 10% under original ATH and swing ATH. Breakout was rejected at fib 1.27 level, but being bought up at pivot points on ATH levels and Fib 1 level.
If market stages a general comeback this week, I expect SUSHI to be in the lead following this breakout if it holds.
SUSHIUSDT 8-14 February Weekly AnalysisSUSHI made a big move. It did correction and turn back from fibo 1(11.37).
So what now?
Yellow channel is our first support. We will watch this line. At the top, 17.73 fibo resistance waiting us :)
So if you buyers, you are the suport line now :)
Support 1: 13.95
Support 2: 11.38
Resistance 1: 16.61
Resistance 2: 17.73
It is not investment advice
SUSHIUSDT Scalping PlaySUSHI was the strongest alt in my watchlist which bounced back after a decline simultaneously with BTC. Observing this strength made me open another long position at $16,1434.
Again moved S/L upwards after each successful lower high formed.
Got stopped out at $16,73 with a decent profit.
Something fishy is going on with SUSHI!I love sushi, but my girlfriend doesn't like fish. Often that means I never get to eat it because we don't go to sushi bars (duh). And when I do get the chance, I have the entire feast for myself. This is the same with our crypto equivalent, I'm all alone at this bar eating by myself. Care to join?
Technicals used: Gann angles for strong resistances/supports, supported with a standard fibonacci retracement. ADX + DI, shows a upward trend. And Ichimoku senpai says we are ready to eat some sushi! Now if only Mister Bitcoin doesn't barge in, and ruins our party....
Sushi set for an ATH retest and then off to the next Fib level.Sushi has had a considerable run up along with other DeFi tokens in the last few weeks. It is consolidated after hitting an ATH and is set to retest that ATH and possible continue on with a potential of hitting $20 as the next fib train stop suggests.
This is my opinion and my own opinion only. Not financial advice.
SUSHI/BTC looking bullish and 1005 potential from here as per TA#SUSHI/BTC TA Update:-
#SUSHI/BTC looking good for fresh entry.
Because trading at support level.
Entry1:- 2900-3000 Satoshi
Targets:- 3959/6498 Satoshi
Key point:-
👉 if candle close below 2800 Satoshi then next good entry will be 2000-2100 Satoshi
So if bearish close then I will exit and again buy at dip ( entry 2)
But don’t enter at entry 2 without my update.
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