SUSHIBULLUSD trade ideas
MY MINIMALIST ANALYSIS FOR SUSHISWAP$SUSHI
11.16.21
2353H +8 PACIFIC
ALERT: ENTRY POINTS
The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION.
JUST DYOR ENTRIES. Watch for Price action/ RSI and STOCH, VOLUME, and FIBS. Set your tight stop loss as any geopolitical, natural/man-made calamities will change the course for our TARGET AREAS OF VALUES.
REMINDER:
INDICATED ARE ENTRIES, PARTIAL EXITS/TOP-UPS, EXITS, and MAXIMIZED AREAS OF VALUE
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
You can CLICK AND hold THE CHART and PAN or DRAG IT.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS,
and, if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY).
Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to Share.
Vive Le Autist!
Vive Le Egalitarianism!
Sushi to the Mooni - Probably Q1 2022 Unless we go ParabolicGary, now I know I was wrong
I messed up, and now you're gone
Gary, I'm sorry I neglected you
Oh, I never expected you to run away and leave me
Feeling this empty
Your meow right now would sound like music to me
Please come home, 'cause I miss you, Gary
Gary, come home
(Gary, come home)
SUSHI:USD huge potential to rise!SUSHI is one of the good potential assets in the market.
As the market raised great, in following the road of the altcoin market SUSHI can start its road soon.
Based on history:
SUSHI experienced great pomp to around 23 USD in the first of the year, then we saw the big correction to around 6 USD as bitcoin huge correction.
But now SUSHI made a good support level around 6 USD and according to the fibo retracement for correction, there is some level which SUSHI should break to reach the target point 1 and then 2.
SUSHI breaks its correction channel and it is in the range channel, so:
long term: it's time to buy!!!!
short term: it can have a tiny correction and then pomping so be careful.
Sushi BTC and USD 3dSushi analysis. -I have a large holding of sushi since the bottom @ $7. disclaimer.
Sushi has a long consolidation period after reaching $20+ it retraced hard has since consolidated.
USD pair
Breakout of trendline
Breakout of +50 RSI
Bullish Crossover on MacD
BTC pair
Pushing on the trendline
Pushing on the 50 RSI level
Pushing for a Bullish Crossover on MacD
TD sequential reached a 3d red 9 then had its 1 ro 4 candle correction started a new count.
- currently printing a green 3 above a green 2 above the 9.
Added to my trade and am fully filled over the last couple weeks.
Sushiswap Price Analysis: SUSHI/USD eyes $14 markSushiswap is presently in a bull market, although values dropped by roughly 20%. SUSHI/USD is currently upswing, following a considerably steeper high yesterday and a modest overnight retracement. Today’s price movement should be positive for both buyers and sellers. With today’s $14 level as the first resistance
The price of SUSHI/USD rose to an overnight high of $13.53 before falling back to the $12 level where it is currently trading, after a 30% decrease in value over 24 hours. Do not be fooled by the bullish sentiment and think it will be plain sailing from here on out; there was a 30% drop in price overnight, and those values are likely to retrace.
Sushi- to break above 12?October was not such a great month for Sushi, with the price trading in a range between 10 and 12.
However, we can see that 10 is very well supported by bulls and the coin seems to press into resistance.
In my opinion, this resistance will fall and the road is clear to 16 resistance.
Buy dips is my strategy for this coin and only a break under 10 would change my bullish opinion
Sushiswap: Good Chart, Dicey TechnicalsHey everyone,
So Sushiswap I entered to take advantage of this giant W pattern on the weekly, which should retain the 0.618 fib level and teleport to $16.74; current gain of 64%.
The technicals though look bleak, with 0xMaki leaving his leadership position of Sushiswap, the man who took Sushiswap from a rug pull to a real Uniswap competitor, I think alone has dissuaded a lot of retail investors.
There also is a second issue of a “$1b bug” which a white hat hacker gave to Sushiswap, only to be rejected by the devs.
There was the Miso hack of $3m dollars as well, although fault of the auction contract, still reflects on Sushiswap.
I also am not a fan of the $12.6M given to Celo for liquidity provider rewards, but that’s a small amount given Sushi’s TVL.
Sushi does have some very strong attributes going for it. With Arbitrum and Optimism being the clear next goldmine in crypto (L2), Sushiswap was one of the front runners on Arbitrum, which as we’ve seen with DyDx, L2 can bring a lot of money upstream, fast.
MISO has grown into a very lucrative and successful launchpad, with many launches of successful projects under its belt.
Sushiswap also has been the clear winner in the AMM arena in going multi chain, but very obviously has slowed this effort down and lost on a lot of revenue with its lack of support for AVAX and SOL. With JOE on AVAX gaining huge value and being nothing more than a Sushiswap fork, this was a clear loss on Sushiswap’s part.
Point being, chart looks good, but is this bad news and lack of fast innovation Sushiswap used to be known for the reasoning behind it falling behind the pack?
Sushi breakout to around 13.24
Head and shoulders gives us a price target of around 12.63
Ascending triangle gives us a price target of around 13.24
Swing high, and swing low golden pocket also gives us around 13.24
Several points of confluence around the 13.24 price for SUSHIUSD based on chart patterns.
Not financial advice always do your own research before trading.