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SUSHI / UST

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SUSHIUST trade ideas

Sushi is ripe for a squeeze! Pt2Continuation of previous idea posted Aug 16, 2022 Notes on how I personally use my charts/NFA: Each level L1-L3 and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's, in-between or in Between Sell levels these percentages are still respected. I like to use the trading range to accumulate by using this tactic. Just my personal way of using this. This is not intended or made to constitute any financial advice. This is not intended or made to constitute any financial advice. FED Macro Situation Consideration: All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over. NOT INVESTMENT ADVICE I am not a financial advisor. The Content in this TradingView Idea is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained within this idea constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in this or in in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction. All Content on this idea post is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in the idea/post constitutes professional and/or financial advice, nor does any information on the idea/post constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other Content on the idea/post before making any decisions based on such information.
Long
by TheBitcoinGeneration
1
SUSHI - Due for a PAMPSushi has been trading sideways for almost a year now. It had quite a lot of bad news in 2022, but most of that seems to have been left behind. Despite the sideways price action throughout all of 2022, the RSI seems to be rising steadily now. It is still under the long term trendline in red, but is nearing the 50 SMA. I think it will soon break the 50 SMA and then punch through the horizontal resistance at about $2. Then the next challenge will be the long term trendline.
Long
by Badhalf
SUSHIUSDT is testing the resistanceCurrently, the price of SUSHIUSDT is inside a descending channel, which is a technical pattern that is formed by connecting the price highs and lows with two downward sloping trend lines. The upper trend line acts as a resistance level while the lower trend line acts as a support level. Recently, the price of SUSHIUSDT retested the 0.618 Fibonacci retracement level, which is a commonly used technical analysis tool that is based on the Fibonacci sequence. This retracement level is considered to be a significant level of support and resistance in the markets. After retesting this level, the price of SUSHIUSDT created a new higher high, which is a bullish sign that suggests that the buyers are gaining control of the market. However, the price of SUSHIUSDT is currently testing the dynamic resistance level inside the descending channel, which could act as a barrier for the price to move higher. A dynamic resistance level is a technical level that is created by a moving average or other technical indicator that changes over time. The descending channel is a bearish technical pattern that suggests that the overall trend is down. The upper and lower trend lines of the channel act as key levels of resistance and support respectively, and traders can use these levels to make trading decisions. According to Plancton's rules, which are a set of technical trading rules that are used by some traders, a breakout from the $1.5 area could signal a new long position, which means that traders could consider buying SUSHIUSDT with the expectation that the price will continue to rise. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
✴️ SushiSwap | Bear Market Ends! (Name Your Altcoin #50)Here is the linear scale for SushiSwap... See the huge potential here as well, 430% just to start and over 1,000% possible in the long-term. This is without counting the new bull market and All-Time Highs, this is just the recovery phase. When one door closes, millions of other doors open. Notice that if you missed the early breakout of say FTMUSDT, FETUSDT, LTC and DOGE, we still have these many opportunities available with more to come. Sushi and Aave are just two, in this series of articles alone we looked at 50 altcoins of your choice and many have great potential for growth. Bitcoin has gone ultra-bullish, confirming hundreds and hundreds of charts and trade ideas we have been sharing since November 2022... As Bitcoin grows, money flows into Cryptocurrency as a whole. When one big altcoin goes to retrace, the next group or a smaller one grows. This cycle can go for weeks and weeks... several months. The next correction will end up in a higher low and then we get additional growth. This is what we call a bull-market, higher highs and higher lows. The bear market is coming to end... This is how you can tell! Very, very bad news, negative press but everything grows! That's the strongest signal you can get... It is basic but many people don't know. Namaste.
Long
by MasterAnanda
4