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SUSHIPERP trade ideas

#SUSHIUSD 1 DAYSUSHIUSD 1-Day Analysis: Uptrend & Buy Opportunity The SUSHIUSD pair is currently showing a robust upward trend on the daily chart, indicating strong bullish momentum. Recent price action suggests a solid support level has formed, providing a favorable entry point for potential buyers. Key indicators, including moving averages and RSI, further reinforce the uptrend, signaling increasing buying interest. Market sentiment appears positive, driven by recent developments in the DeFi space and increased user engagement on the SushiSwap platform. This favorable environment presents a compelling buy opportunity for traders looking to capitalize on potential price appreciation. As always, it’s crucial to consider risk management strategies and stay updated on market news to make informed decisions.
BINANCE:SUSHIUSDLong
by PIPSFIGHTER
Sushi Outlook Nov 3rd 2023Ive labeled the chart to help show the tools used to make the projection. (projection not prediction) Orderblocks: Orderblocks are areas where lots of trapped traders were left behind in the past. They represent high traffic areas where price action finds support or resistance. Volume Profile: The volume profile is an amazing tool that lets you see high ares of buying selling for the given range you pull it over. The white line is the Point of Control (the main control price for the traders) Fibonacci Retracement Tool: There's this amazing golden ratio found in all of nature. This tool is built on that mathematical sequence. The 618 level is a strong magnet for price action. Its always a good idea to see where price "could" go next. Watch how price can respect one of those levels in the future. The Projection: Im assuming of course. assuming. Price action can dip down and find support at one of the golden pockets below. If this happens then i believe the move up could then break through the current orderblock traffic areas and find a traffic jam up above to the blue marked target area. Im looking to long somewhere around .88 ish and set a good stop loss. Not financial advise.
COINBASE:SUSHIUSDLong
by Altisona
✴️ SushiSwap Goes Bullish? I Sure Hope So!People say I am crazy because I don't wait, in fact, people say all the time that I am too desperate and that is why I am always calling for patience, just showing my own lack of patience... Guilty as charged, I am a human being and the fact that I write here for you shows that I am the least experienced trader of all. If I were good at trading or making money, then I wouldn't have to write right? Or so the story goes. Call me stupid, desperate, ignorant or whatnot but I look at the predictions, at the charts I publish and then compare the results... I look at the leveraged trades shared publicly with full numbers, the timing matching perfectly the drops and the next day they go up. Obviously, many fail but if you are a decent trader or an honest trader or a successful trader, you know that losing is part of the game and is not about not losing but managing your risk, maximizing your wins and using your mistakes in order to learn and continue to grow. The more we grow, the better the results. Will a market, which is the correct way to call a trading pair, asset or anything that is used for trading, goes up because of a few signals, because of the insiders buying, because of the cycles or because any single person makes a prediction, a call? It might be a combination of all of those but one thing is certain, when it is going down, everything goes down and you cannot stop it by calling it bullish. When it is going up, everything goes up and you cannot stop it by mentioning news articles, by making assumptions nor by thinking that it should drop just because or my personal favorite... "It must..." Ok now let me be honest with you, I am writing all this literally for your entertainment but I have a point. I am long on Sushiswap and I use multiple factors to make this decision, I'll share some of those. All the Altcoins, the Cryptocurrency market, bottomed around mid-June, started a slow recovery then followed by a strong bullish jump. What one does, the rest follows and we see this same pattern building up in this chart. The current candle trades above EMA100 (confirmation in 2 hours at the daily session close). And notice the huge volume even before the 10-June drop. When mentioning all the signals it doesn't sound like speculation anymore but like actual chart reading that works. The MACD strongly bullish while aiming higher, the RSI super strong. All this combined with the fact that my intuition told me to wait for 15-August after which something will give in, I don't know if positive or negative but every time my Spirit tells me to wait, it means that whatever potential low is to happen happens on that same date and then whatever I have been expecting shows up. Maybe I am opening myself up too much... Or maybe I am just deeply gratefully for your amazing and continued support . Thanks for the follow. Let me know in the comments if you want more. Namaste.
DYDX:SUSHIUSD.PLong
by AlanSantana
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