Get started

Sushiusdt

SUSHI - 4h. Below $ 7 sellers will seize the initiative.The active growth trend, which began on December 30, 2020, does not leave the SUSHI market . In a certain fixation of the price above the mark of $2.4 gave all investors + 230% at the moment. On January 11 and 22, buyers showed a trend line that they are willing to keep to continue the growth trend . However, on January 24, the price of SUSHI failed to test the upper trend line of the growth channel and met with aggression from sellers. Buyers managed to test the mark of $10, but since then the initiative is in the sellers. The critical point for the continuation of the growth trend is at $7 . It was after the unsuccessful fixation of this mark in the period from 16 to 19 January that the correction in the SUSHI market began. In addition, the lower trend line of the growth channel passes near this mark. If sellers manage to break this mark - the price will quickly drop to $6.23. To continue the growth trend, in addition to keeping the $7 mark, buyers need to hold above $8.6. These marks must be taken into account for the distribution of the deposit (if you are interested in this coin). ________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
8
SUSHI / USD - To $9 and beyond, ATH under attack!SUSHI has done the impossible. Rallied 18x from it's bottom to be so close to $9 again. As you can see, SUSHI is approaching it's previous high, as measured by daily resistance line. Therefore I expect some reaction around that price area. We may shoot higher of course and do a new ATH, but that will come later. The market continues to be very bullish. We may end up with SUSHI doing an ATH and a bearish divergence on daily RSI. But that is speculation. For now, the path higher is quite clear. Going long now is not ideal as you should have bought one of the support lines on the chart. Therefore, I suggest waiting for a better entry when we correct or touch support again. Nevertheless there is still at least 10% gains possible until we reach $9. Like and follow if you liked this idea!
Long
by DU09
6
SUSHI/USD - Refueling before $9!SUSHI has reached quite an unexpected price in such a short time! Almost $8... after an amazing run from .50 cents! Congrats to anyone that held until this price! If you are looking for the next possible target, then Sushi may attempt to reach its previous ATH levels at around $9 as indicated by the daily resistance line. Therefore, if this correction is not sustained, we should find support at $6 or $5 after which price should resume it's ascending move. However, there are some signs of concern with MACD on daily ticking lower on the histogram, indicating momentum may be fading, at least for now and RSI is turning down. If we fall below the $5 level then I would be concerned and turn bearish as that would indicate we may have made a local top and price will take time to recover back. The current drop was triggered by ETH being rejected from ATH level, but it may quickly recover at which point the market should resume its up-trend. So keep an eye on ETH. Like and follow if you liked this idea!
Long
by DU09
Top 10 Altcoin Picks in 2021! | Part 2 of 2Please see my other idea for Part 1 (ranks 1 to 5), linked below. 6. UNI (runner up: SUSHI ). DEFI market has seen unparalleled growth and decentralized exchanges like Uniswap have pioneered a new way of trading in the ETH ecosystem, whereby automated market makers and liquidity providers get a share of the trading fees plus incentives! Uniswap decentralized exchange is the leader by volume closely followed by Sushiswap. For this reason UNI and SUSHI - the tokens of the two decentralized exchanges - make it on our list. Important to also mention Curve as a dedicated decentralized exchange for stablecoins, with CRV as its native token. 7. SNX (runner up: ATOM ). Similarly, SNX or Synthetix is a derivatives liquidity protocol on Ethereum network. Meaning that you can issue synthetic tokens on its network linked to fiat, crypto or commodities. The possibilities are limitless and you can trade such tokens on the ETH network. To mint synthetic tokens one has to stake SNX - the native token of the network - hence creating demand and accelerating its market price, which exploded with the DEFI market. In this ever expanding market of crypto coins and blockchains, ATOM or Cosmos comes to clean it up by allowing different blockchains to communicate with each other. Sometimes described as blockchain 3.0 (1.0 being BTC and 2.0 ETH), ATOM is a good candidate for our runner up spot. 8. LTC (runner up: DASH ). If you are after a more agile, faster and cheaper alternative to BTC. LTC is your go-to coin or the "little brother" of BTC. Litecoin managed to carve itself a niche in the market and has consistently been one of the top coins by market adoption and usage. Whenever BTC or even ETH face congestions on their networks, LTC is a good alternative to move value for a few cents, unless you choose XLM (that one is instant and reason why is at the top of our list). DASH is our runner up because it has consistently shown sustained volume and adoption across the world with real use cases and a growing list of vendors accepting it as a payment method. 9. MRK (runner up: AAVE ). Maker or MKR is the governance token of the MarketDAO that allows users to issue and manage DAI (see above). Considering DAI is one of the most trusted decentralized stablecoins around, MKR should continue to increase in value, especially since its circulating supply is 1 million. With the crypto market set to explode, DAI and MKR will grow tremendously. AAVE is also a decentralized finance protocol that allows users to lend and borrow crypto and includes "flash loans" meaning the loan completes in the same transaction without collateral being needed. As an integral part of the DEFI market AAVA makes for a good runner up. 10. BCH (runner up: VTC ): BCH cannot be ignored simply because of its adoption level and market cap. As an alternative to Bitcoin, BCH will continue to remain one of the top 10 altcoins in the foreseeable future, with significant potential to grow further. It is also the 4th largest asset in Grayscale's massive $20 billion crypto portfolio. As a runner up, we have VTC or Vertcoin which I believe will have a great run in this current cycle thanks to its new mining algorithm set to launch at the end of January. VTC has been around since 2014 and is very similar to LTC. At only 20 cents right now, if the past is to be repeated, we may have a beautiful run ahead of us. Plus at the end of this year VTC will have its halving. Mineable coins have fallen out of fashion, however we may have a rebound in interest for such coins in this cycle. What do you think about the above list and what are your recommendations for this year? Let me know below.
COINBASE:BTCUSDLong
by DU09
2