SUSHIUSDT trade ideas
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Correction for SHUSHI not done yet.Weekly TF SUSHI corrections is not done yet but are very close to . There are still some supply around and expect the price to breakdown below $5 again and start moving sideways.
I am neutral but would definitely look to enter SUSHI below $5 as this price is extremely delicious in the long run.
For those who are starting to look at SUSHI right now, great timing there is a chance of 4X in the longer run.
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💡SUSHIUSDT ANALYSIS 💡Hello Friends
When we look at the chart in the daily, there is a shark bull formation formation.
It is very risky to enter the trade before the voluminous momentum comes. Risk money management is very important in such transactions.
There are technical levels on the chart.
TP1:9.8
TP2:11.73
TP3:15
Trading entry level: 6.46 (at the closing of the daily candle)
Stop loss: 4.86 (based on my own money management)
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Bull Shark Pattern ( Bullish Shark Pattern)
EU foot, OX foot on the 113% - from 161.8%
prolong BC feet, OXI foot of extending to beyond the far 113'ü% OX foot
BCR foot of the AX 161.8% - is an extension 224'lük%
OTHER harmonic models on the contrary, transactions are entered as follows: Destinations can be 61.8% of BC with
incoming stops at 88.6% of entry OX and point C
SUSHIUSDT , The price it can go to touch PRZ levelHello guys
According to the analysis, the price is in one the good support zone and if the price is not supported in here, the price can drop more and in one of the PRZ level that we shown the correction it can finish and the movement that we draw can be happen from each of that PRZ level
Previous analysis :
Good Luck
Abtin
Sushi Update: Bull BiasSushi is at the 0.786 retracements, the last Fibonacci level before 0:0 at 0.19 cents, which I can't see happening with all the Sushi development. This is a really solid defi bluechip that gets overlooked. Playing this one on spot because the trend is bearish (bellow 20 ema). I'm greedy on this reversal so let's get it, other altcoins already taking the lead. The market is highly volatile so trade at you're own risk.
SUSHI - A dip to $4 zone and the ride up to $6 levelHi, iJustCoiners!
At this chart i pointed out a potential buy and sell zones for SUSHIUSDT.
Looking at 6H and 12H timeframes i see a potential to dip down to $4 zone.
Then price may recover to $5.7-$6 level and Aqua/White Lower Bbands on 1D Timeframe should act as resistance.
I am sure most of you won't be buying this dip, because you're scared as hell. I am also sure A LOT of trades are shorting now. And that's the moment when the price action should reverse, because MARKET MAKER always tying to FOOL us - dumb money. When we want to SELL it's really time to buy.
But we must play cool and just for the premium signals. So no hurry, let's wait for the first time of recovery.
It's possible the price won't got that low. But hte potential is here.
SHORT Perspective for the IntradaySUSHIUSDT Is in a great condition respecting the Fibonacci Retracement for a SHORT POSITION aiming a target at $4.3 by today.
It's a simple setup for a BEARISH momentum expecting a 2nd leg of fall on the price action.
SUSHIDOWN can be a way to a stay-in-play secure mode for all conservative investors that avoid the futures market's liquidation risk.
The swing trade condition remains the same AND the target Is the $2 region at the final BTC CORRECTION wave.
Good trade to us!
SUSHIUSDT at $2 Bidens soon!Hi everyone!
SUSHIUSDT will make 2nd-phase CORRECTION to the 2U$ bounce region. The move metrics provides by the Fibonacci Retracement are so logical and serves to fixes the traders attention to the ideal take-profit area of the 0.236-0 level zone.
Short that in comparing to the BTCUSDT trend to nota be surprised.
The bearish momentum of fall Is now AND a good point of short Is always a retrace.
Sushi 10x from here?I based my Fibonacci levels on the highest wick before we entered a bearish wedge and the lowest weekly close. Sushi was strongly supported previously at the .382 level around $6 and recently wicked all the way down to the .236 level at nearly $4, which I would suspect was a really great buy. As of writing, the market cap/total value locked ratio is .126 which shows that its extremely undervalued. In comparison, Uniswap’s ratio is 1.09. Anything under 1 is generally undervalued. Uniswap has a little under $10 billion locked in while it’s younger brother Sushiswap has a little under $6 billion locked in, however their market cap sits under $750 million right now which is only 7% of the market cap of Uni.
Plus, this looks like a bull flag and sushi will be dropping an NFT platform which gives it links to the metaverse and other possible good news. And since it’s a fairly new coin, we are likely to enter a third wave if we break out of this bull flag, which is generally the biggest.
The whales are eating up all the sushi at low prices. I think we’ll see resistance at $16 if we bounce but my target sells are $42, $58, $67. DYOR but if btc goes over $100k this bull run we should see new all time highs for Sushi.
SUSHI - LONG SETUP!Buy low sell high. SUSHI starting to look real good here. Trend change on the cards. This trade can take weeks if not months to achieve our highest take profit target but we never know what exactly will happen in crypto market. High could be in next week. You, as a trader, can look for the best entry, take profit levels and let market to the rest.