my trading plan for sushihi guys
sushi is in decending trend but i think the way will be like my prediction
buy here and sell near 10
just yhis and nothing else
SUSHIUSDT trade ideas
Potential Bullish Break-Out of Descending TriangleI predict that if we break the resistance I have layed out in my chart analysis, (around the end of the triangle) we could see some major upwards movement in a short period of time.
SUSHIUSDTBreakout and retest
PA looks good around that area. Invalidation is easy, close below pivot and exit
$10.2 isn’t far away but will expect a stop at $8.3
SushiusdTMy guess: wave 2 is the upward movement at the end and wave 3 is forming and moving towards breaking the main dynamic resistance
Price targets on the chart
last analysis played out exactly as predicted! ✅sushi rejected of that trendline resistance we mentioned here on tradingview around 10-11!
congrats to the shorts, I know you ate well on this dump! 🍻
Now its time to consider going long, sitting above local/trend support, target would be trend resistance.
like and follow for more 💘
SUSHIUSDT: Bullish Sushi with Bullish Divergence on 4HRStrong support range around 6.3$ - 7$
Bullish divergence in 4H frame, been waiting a while for this one lets see if it will be worth it.
resistance at : 8.8$ - 10$
keep your eyes on btc chart if it breaks 41k-40k support.
2 things you should know :
- During a downtrend: being bearish in the bigger timeframe doesn't mean you have to be always bearish in the smaller timeframe;
- And during an uptrend: being bullish in the bigger timeframe doesn't mean you have be always bullish in the smaller timeframe.
SUSHIUSDT UPDATESUSHIUSDT multi timeframe analysis, potential bounce of weekly demand looking for the completion of this harmonic pattern, wait for valid confirmations dont enter in hope.
SUSHI SETUP FOR THE NEXT WEEKI'm waiting sushi retracement to the buy area, sushi price target is $10 in short term, this setup is for the next week, we should not trade on weekend, I expect sideways and low volatility on weekend
Sushi - Higher Timeframes Look BearishWe know a lot of DEFI governance tokens were hit hard in 2021 and are currently either dead or undergoing evolutions (minus a few market leaders). Sushi is a quality project but its token is in a strong downtrend, with the moving averages inverting bearish on high timeframes and a strong rejection, more downside is likely here.
SUSHI/USDT Falling Wedge 1WContinuing to watch this huge falling wedge on SUSHI/USDT 1 week chart. I absolutely love this project so I'm perfectly fine adding to my position below $6 all the way to the bottom of the trendline. TP $10 - $20
First published idea, feedback welcome.
>>> Not financial advice! DOYR <<<
Update from prev: sushi very bearish, ascending wedge broke downHello, this is an update from my earlier chart. sushi been holding up strong in the last 2 days. However, the pattern is very bearish. It has formed ascending wedge. Within the ascending wedge, there is a head and shoulder. The price has broke down the ascending wedge. It looks very bearish to me. Not a financial advice
SUSHIUSDT LONG entry 7.35
stoploss 6.8
target 8++
always dyor and happy profit
becarefull market can bleed anytime
Sushi low risk high return tradei mean potentially it can bounce down dramatically from here but the upside potential is the same, if you use stop loss correctly this setup is a good one
SUSHI: Long and ShortSummary:
1. SUSHI seems relatively strong in this downturn.
2. Several converging points seem to suggest a Long for SUSHI to the green rectangle.
3. A short can also be placed to hedge with a target to the red rectangle.
Chart: Daily
Scale: Linear
Trading Pair: SUSHI/USDT
Breakdown:
- Price broke above the upper parallel line of the red Pitchfork.
- This retrace came back to retest the upper parallel line of the red Pitchfork.
- A single negative vector extrapolation intersects at the projected reversal point (yellow box) adding confluence to the idea of a reversal to the upside here.
- Price is sitting slightly above an inner frequency line that did not break on this retrace.
- There is sloped (same slope as the pitchfork) inner frequency line in the counter trend pitchfork (green) that also intersects the reversal zone (yellow box).
- Lastly, the Hagopian's Rule seems to be in play as well with the failure of price to reach the center median line in the red Pitchfork.
Sushi might be on break out, if btc doesnt dump too hardalthough sometimes its better wait till 4h candle close, however it already broke out too deep that i dont think its fake, trade with risk management as btc is kinda sus
SUSHI in a very bullish wedgeThere isn't much to say, all DeFi are about to wake up after a long free fall. VLPR shows the bottom of this huge falling wedge has been bought (up until 3 weeks ago) and now price is heading toward another test of the upper trendline. In general this pattern looks so neat that I'm personally very bullish, I wish I had more fiat to buy it right now.
One advice, this could even take another dip before breaking out so DCA your entry, I'd enter with something between 10-15% right now because it's uncertain. For sure eventually this will break out!
Good luck!
SUSHI, SUPPORT COMING SOON !!!Sushi may be supported somewhere around 6.75 .
Stay tuned for updates please.
-Thanks-
$sushi to 20sSushiSwap (SUSHI) is an example of an automated market maker (AMM). An increasingly popular tool among cryptocurrency users, AMMs are decentralized exchanges which use smart contracts to create markets for any given pair of tokens.
this crypto can rock
