Sushiusdt
SUSHI/USDT (Bearish Pattern?)💎Technical Analysis Summary💎
BINANCE: SUSHIUSDT
-SUSHI is retesting key support area at around 1.2-1.1s dollars
-This is a crucial point for the Bulls to keep the consolidating in the range
-If the Bulls want to keep the potential reversal in the midterm
-They must protect his important level of support
-My advice is to wait for proper breakout confirmation
-If you are looking for a Buy position, wait for the trendline break
-The targets can reach up to 2.5 dollars or higher
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SUSHI - The better UNI at a bargainWith the hype around 99% community fueled Uniswap fading out, the obv next one to go North is the highly undervalued SushiSwap project.
Basically the very same business model but even better with regards to the variety and capitalizaion of liquidity pools provided.
According to pools.fyi 5 out of the TOP10 are $SUSHI based.
First target in sight at ~2.22, and 4-6 USDT once the downtrend is crushed.
Well, enjoy the ride...
SUSHI PRICE IS ABOUT TO RISE WELLIn my previous technical analysis, I noticed that I made a mistake.
Analyzing a project that is still very new on a logarithmic scale can cause errors. So when we convert the graphic to a geometric scale, a much smoother pattern emerges.
Sushi now; perhaps it may be the cheapest level to buy. It can be entered with 25% balance to reduce the risk.
SUSHI - Bounce at $1.3?Sushi continues to dump, as well as Sushiswap liquidity (although much slower).
I expect a bounce at $1.2-1.3, but not sure about opening a position, it doesn't look too positive.
Hit the "LIKE" button and follow to support, thank you!
Information is just for educational purposes, never financial advice. Always do your own research.