SUSHI/USDT Short in liquidity zone!BINANCE:SUSHIUSDTPERP
Hi everyone, I believe that sushi will be cheaper in the coming weeks. What do you think ?
Is sushi a good option for dinner?
Maybe it is, but let's talk about charts!
The sell zone for a possible pullback is aligned with an OB, so I believe there is a good risk/return for this trade.
On the daily chart we have a well-defined support zone where new buyers go looking for purchases, but I believe in testing lows or even new lows.
I hope this study helps you, always remember: Trade at your own risk.
Good trades, see you soon
SUSHIUSDT trade ideas
SUSHI - A potential move down to $0.7Hi,
This is iJustCoin, the one lucky trader who puts his money where his mouth is!
Sooo, if money is evil, this is going to be a hell of a weekend!
Look as SUSHI price action at the 3h! Price fromed a pennat on SUSHI.The pennat has been broken downside. I caught a short in the Red Rectangle area and sold at $1.302.
I am expecting the price action to test the previous support trend line of the pennant as a resistance and reverse down after that.
Using Trend Based Fib Extension i expect the price action to touch 0.5 and 0.618 fib levels which are $0.701 and $0.832 price levels.
They are pointed at the chart as a Green Rectangle.
I expect that to happen between November 22 and November 24.
Let's make some money to get our dreams come true!
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Feel free to ask me any questions related to the idea in the comment section - i'll be glad to reply.
Good Luck, Bye-bye!
And remember this market doesn't respect doubters!
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Chart Code:
Pastel Green Vertical Line - Long Signal (PAI Reader Strategy)
Pastel Red Vertical Line - Short Signal (PAI Reader Strategy)
Red Dashed Lines - Downward Reversal Momentum
Green Dashed Lines - Upward Reversal Momentum
Green Rectangle - Buying Area
Red Rectangle - Selling Area
Red Line - Stop Loss
Bold Aqua Dotted Line - Estimate Price Direction
Yellow Dotted Lines - Estimate Timerange of the price target might be getting hit
Orange Dotted Line - Profit taking Point
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trend resistance still acting as support.. 👀on nov 3rd I said look for 1.8-2 before next dip, congrats to longs that secure gains! now what?
1 dollar psychological support held, previous trend resistance is still support, oversold RSI.
short term dip is possible, but eventually we should rally to 1.4-1.6 in the short term.
I still hold a 100% accuracy on this name all year, love to see it! drop a boost and follow for more! :)
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
SUSHIUSDT | SETUPSUSHIUSDT has been in a bullish trend .
Currently, the price is trading near rising support which is well respected by price previously.
The 200MA is also keeping the price hold above key levels.
The bulls are in control as long as price is trading above rising support.
Bears will get control below break of rising support.
Trade your levels accordingly.
SUSHI/USDT - Long Term Bull Case 🐂One of our favorite alts both long term & short term SUSHI/USDT 🔥
Looking at the 4H and Daily SUSHI/USDT charts, we've mapped out a bull case for the remainder of 2022. This alt has shown solid support at ~1.6 and looks primed for a leg up.
AlgoBuddy also printed a buy signal, which has played out very nicely.🔮
We'll be looking to scalp along the way, but long term this remains one of our favorite HODL's.
Big week ahead with CPI & the elections, so capital preservation is key. Eyes peeled!
-TucciNomics
Chief Overlord, AlgoBuddy
SUSHI! WHO WANTS SUSHI ! Hello Traders and everyone, I AM HADI KARAALI, KNOWN AS SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
SUSHI, as we can see from daily time frame price is clearly overall bearish
However, price now is approaching massive and strong area where we will be searching for new longs
or- bullish reversal as shown in the picture
As we can see price is stuck inside this range
For a medium term bullish reversal we need a break above this major swing high and the upper bound of the range
From a short term perspective price broke above the major high and traded higher
For now what !?
For now we are trading inside this chanel from a short term for the bears to reclaim the control we need a new swing low to form or a break immediately below the major low
or- a break above the range as mentioned before
ENJOY THE SUSHI ANALYSIS !
and as usual follow your trading plan and manage your risk.
Be patient and good luck!