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SUSHI / TetherUS

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SUSHIUSDT trade ideas

SUSHI the last resistance before FOMO kicks in SUSHI / USDT SUSHI become one of first coins to break its major trendline resistance which could be a start of new bull cycle But before we get excited there is last important resistance in my chart breaking it out with strong volume will complete the inverse H&S which is another bullish pattern then fomo will kicks in Keep your eye in this coin ! ❤️if you enjoy my long term analysis then dont forget to support my work so i will publish more ❤️
Long
by Babenski
26
SUSHI hit targets again. 340% profits. What's next?Hello, dear TradingView members. This is a SUSHI idea. Once more, we opened our positions on SUN around the $1.087 area, which was a solid support level and a great buy/long opportunity. So far, we have made about 34% (340% with a 10x leverage) profit, and it's safer and more logical to close all positions now. Do not FOMO. If you're a risk taker, you can wait for the solid resistance and close your positions, but don't forget to use local resistance as your SL. As you can see on the chart, this coin has reached 2 levels of resistance on the hourly and daily timeframes based on the Fibonacci retracement. There are three support levels on the way down, which will let us open more long positions when we get more confirmation. But for now, we should wait and see. RSI is overbought, and the price has more room to go down. Now let's see your ideas. Let's have a discussion. Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.
by ShawnMCR
6