Sushiusdt
SUSHI/USD - New ATH set - bullish still!SUSHI has set a new ATH today at $20.7. Impressive.
There is a lot of strength behind SUSHI and this will not vanish any time soon. RSI on daily has been hovering above 50 for months - this is very bullish.
There is no reason to be bearish on SUSHI at this time and until we break this ascending channel and drop on daily RSI under 50, I see no reason to be concerned.
Today we got rejected from our ATH pretty quickly, mostly because BTC decided to take a break in its ascent. Nevertheless, after this correction is over and we touch our support line, we should push higher.
We did hover in this range between $13 and $20 for some time now. So keep a close eye on how this will resolve. A breakout will likely trigger a significant reaction in price.
Bias remains bullish for now. But watch BTC as it will set the tone.
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$SUSHI LONG OPORTUNITY$SUSHI being in a beaufitul uptrend in 1H Chart hitted the support line. Also, the 1h trend is touching the 1day support line after tested the breakout of his support. My predicionts is that there is a pretty good short term oportunity for a long order. Waiting for a confirmation to fulfill the order :)
SUSHI/USD - Support held, ATH next? 🟢SUSHI has re-tested the ascending channel support level and it held well despite the significant drop in the overall market early this week.
Now that we made this support, volume on this leg up has been sustained and looking good!
The indicators are also bullish, MACD and RSI are raising nicely.
Right now we have a resistance level just above price which I don't expect to hold us down for long as any further push will take price above it which will clear the path to re-test the ATH level again.
My bias remains bullish for now or until we break this ascending channel which has held the price above it for over 4 months.
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SUSHI - do you want?Breakout of the dynamic resistance with the retest (blue);
👉 Formation of an ascending triangle and its resistance pinched (in blue).
☝️ Entry: split into two parts. First: from the current ones. Second: breakdown of horizontal resistance and/or support of a flat triangle.
☝️Stop loss: at $14,154.
You will learn the best place where we can trade this instrument at low risk.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
SUSHIUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price has been able to attack the uptrend line once and has not been able to go passed it and now it is again trying to move toward that line again. If it is not able to break the line again, it will be subject to falling again.
But if it is able to break that price, we will see higher prices.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Nice Setup SUSHI TradeHey folks, another opportunity to trade Sushi seems to appear as we just hit hell mary 0.618 mark. Take care from here as this coins tends to fluctuate real quick
This is not a financial advice. Please do your own research before putting any of your hard earned money on the market