SUSHIUSD trade ideas
Bullish long on $SUSHI for a target of $40 Super Algorithm is still showing bullish and is producing a current green bar. If one has used the indicator, one would have unrealized 1072% non-leverage profit by now, as shown on the chart.
The FTX:SUSHIUSD has just passed the 50% fib area. It is a significant milestone. It quite often indicates price can and likely reach ATH in the long term.
As you can observe from the below chart, the $SUSHI price has created a good demand zone. I am putting the stop loss just inside.
Price going up when the parabolic SAR is going up is bullish. It is observed currently in the $SUSHI daily chart.
Currently, the $SUSHI daily price is at TD Sequential 5. I mean, there may be another four price rise day.
The $SUSHI daily chart is showing a higher high- higher low bullish pattern.
Ichimoku is strongly bullish on $SUSHI
Reasons:
Chiku is above the price & green cloud.
Price is above tenkan (red line). Tenkan is above kijun (blue line). Kijun is above a green Kumo cloud.
There are no tall structure in front of the Chiku.
Price has already retraced and bounced from the Tenkan and Kijun, finishing its retrace. It is not on its mission to hopeful $40 someday.
There is a squeeze (the red square marks) on the $SUSHI price right now. It means a big move is imminent.
#SUSHI: Trending up...I think $SUSHIBTC and $SUSHIUSD or $SUSHIPERP are trending nicely here and stand to benefit from the recent ATH break in $BTCUSD. Price discovery at play, there is a nice trend in the 3-Day timeframe here, so we can expect significant upside by April 9th or sooner as per the chart here. I'm long from a tad lower, but figured I should publish this idea here so others can benefit by joining on dips. Ideally price shouldn't retrace beyond recent lows, if this signal is valid, it should stay mostly near the highs and advance from here in the coming days.
Best of luck,
Ivan Labrie.
SUSHI LEADS THE WAY ?Hey everyone!
Hope y’all enjoy the weekend so far and get some healthy $SUSHI. Today you can see sushi on the daily bar chart. I have used the fib-extension tool which indicates potential future price levels, including fib-retracement levels too. As you can see right in front of the chart, we bounced nearly perfectly on every fib level before going to a new ATH. I am calling this a smooth trending. We are, however, in price discovery mode since $12. $SUSHI did break out from his bullish zig-zag consolidation and smashed right through the 1.618 fib extension level.
Sushi got listed on Coinbase a few days ago. All listings did many x’s from then on, since it is one of the largest exchanges when it comes to cryptocurrencies in case for normal people.
A retest to the old ATH at around $20 could be possible with the upcoming monday dumping happening, but it is not guaranteed. This, of course, should not be considered as financial advice.
Have a nice day.
Cheers lads and ladies!