SUSHIUSDT Reversing from Major SupportSUSHIUSDT technical analysis update
SUSHI's price touched its major yearly support level this week, a zone it has bounced back from multiple times over the last four years. We can expect a bounce from this support level again.
Stop Loss: $0.45
Target :100%-300%
regards
Hexa
SUSHIUSDTPERP
#SUSHI/USDT#SUSHI
We have a bearish channel pattern on a 12-hour frame, the price moves within it, adheres to its limits well, and is expected to break it upwards strongly.
We have a support area at the lower border of the channel at $0.800 from which the price rebounded
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that is about to break higher, supporting the price higher
Entry price is 1.10
The first goal is 1.44
The second goal is 1.78
the third goal is 2.20
SUSHIUSDT Potentially for a LongBINANCE:SUSHIUSDT broke slightly above the 1.7283 area. With the reversal pattern taking formation, BINANCE:SUSHIUSDT will likely be in for a long position. This does not mean that there may not be some further dips, but with the dips comes an opportunity to buy more.
Past results does not guarantee future results, do your due diligence before taking any trade idea.
SUSHI looks good for midterm buyingI like SUSHI on daily timeframe! I will place some buy orders @ $1.22 and wait for better entry to buy more!
10% buying @ $1.22
Remaining 70% we will wait for the dip!
SL: ($0.757, 37% away)
TP1: (1.688, 37% away)
Final TP: ($5.025, 311% away)
Not the best entry here so I will wait for a better RR only buying 10% at this price.
Trade signal | SushiSwap (SUSHI) a setup for upto 27.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of SushiSwap (SUSHI) with US Dollar pair.
Recently we caught almost 19% pump of SUSHI as below:
Now on a daily time frame, SUSHI formed a bullish Gartley setup for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Sushi longI think Sushi from now will start climbing.
If October, will be Uptober we will soon see a very good entry point for Sushi...
If Sushi breaks the trendline and we see some confirmation and some volume coming in - I think it could be a good time for a buy.
I see Sushi at 0.8 (about 30% profit) as the next target.
I think a 1:1 risk/reward ratio play look good for a spot trade. Even leverage on small time frame could be great play if Sushi pops and get some momentum from breaking the trendline.
SUSHIUSDT DailyAs you can see in the chart, sushi has been fluctuating between these two prices for 344 days.
And it is approaching the purchase price again. Do you think it deserves another chance? Because we did not see anything from this currency in the recent upward movement.
⚠️ Disclaimer: This chart and analysis are not meant to be, and do not constitute financial, investment, trading, or other types of advice or recommendations. #DYOR
Trading Signal For SUSHIUSDT SushiSwap Trading Setup:
There is a Trading Signal to Buy in SUSHIUSDT SushiSwap .
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 1.15
⭕️SL @ 0.96
🔵TP1 @ 1.60
🔵TP2 @ 1.90
🔵TP3 @ 2.50
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
SUSHIUSDT 50 % drop likely - BewareSushi remains in the long-term downtrend and looks as bad as many other altcoins.
In this case we also expect 50 % drop.
The price already broke below the upsloping support line and is retesting it as a resistance.
- We expect the rejection and continuation to the downside.
- Even if the price manage to pump above the upsloping line that should be acting as a resistance now, there´s still the major downsloping resitance line where we expect the rejection and downtrend continuation.
- Retesting all time lows is likely as long as the trend remains bearish but there´s also support at 0,60$ which would be approx. 50 % drop.
- To become bullish the price has to break above the downsloping resistance line which is less likely in our opinion especially that BTC.D is expected to bounce from its key support.
Good luck
#SUSHI/BTC 17x potential in the long RUN. SUSHI has broken out the long-term resistance.
I have already posted PYR and planning to post more if I get a good response.
SUSHI will be a game-changing investment for any trader in the next bull run both from a fundamental and technical perspective.
Best Entry:- My plan is to accumulate on spot.
No futures or leverage.
$1.2 to $1.55, Not touching the current market price.
Target:- Observe the chart, The price is likely to make a new ATH above $22+...
SL: $1.08 I would not put any SL for now since I am accumulating on Spot I will DCA.
*Not Financial Advice, dDYOR
If you want me to post, do hit the like button and share your views in the comment section.
Thank you
#PEACE
🍣SUSHISWAP price. Is it time "to taste" SUSHI again?🥢Today we will consider the trading pair SUSHIUSDT on the daily timeframe and tell you why this chart has attracted our attention.
During the DeFi boom of 2020-21, the SUSHISWAP protocol was quite popular and was always in the top 10 in terms of TVL. The maximum locked amount of pledged assets in the SUSHI protocol reached $7 billion, which was about 4% of the total TVL of the DeFi sector.
As of today, about $550mn is locked in the SUSHISWAP protocol, which is about 1% of the total TVL of the DeFi sector.
In principle, this is not a bad result and the share of "influence" in the DeFi sector. If we take into account the fact that the price of the SUSHI token has decreased by -90-95% over the past year and depreciated by 13-15 times.
So why has this project attracted our attention now, you may ask? And we will answer:
1. Increased trading volumes that began to return to the SUSHIUSD trading pair, and accordingly, this is an increased interest of both buyers and sellers to the coin. There is interest in the coin, so the project is "alive" even after such a strong and long fall.
2. Buyers managed to break through and consolidate above the liquidity zone of $1.50-1.60 and this is on the daily time frame. For the last six months, this liquidity zone was a strong resistance and did not let the price go up.
3. Even the most modest assumption regarding the potential for SUSHIUSDT price growth to the range of $3-3.30 from current prices is x2. Moreover, it can still be growth within the downtrend, that is, the price will be below the red trend line.
Summarizing:
In our opinion, as long as the buyers of SUSHI manage to keep the price above the liquidity zone of $1.50-1.60, there is a good potential for the price to rise first to $2.30, and in the best situation to $3-3.30.
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