SUSHIUST trade ideas
SUSHIUSDT is trying to have a breakouytThe price tested the monthly support on 2.7$. That level is so important for SUSHI.
On the 4h timeframe the price is trying to have a breakout from the daily dynamic resistance and from 0.382 Fibonacci level.
How to approach?
I'm monitoring the price, I want to see a breakout from the dynamic resistance and retest of the 4h resistance on 3.1$.
It's not enough to check a breakout, you need to have a strategy, for that reason I will open a long position only after the price is going to satisfy my rules.
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
SUSHI - Possible daily swing tradeHi,
This is iJustCoin, the one lucky trader who puts money where his mouth is!
Based on 12H and 1D we have a chance to execute a pretty nice long trade using 3H and 90M timeframe.
I plotted my trading idea on the 3H chart, so you don't need get into other details.
Here is the trade:
SL: $2.745
Entry 1: $2.900
Entry 2: $2.850
Take Profit 1: $3.3XX \ 17%
Take Profit 2: $3.5XX \ 23%
Estimate trade duration: 5 days
Estimate time to close the trade: 10 March - 12 March
If you didn't click Like - you should do that right now.
Feel free to ask me any question related to the idea in the comment section - i'll be glad to reply.
And make sure you smashed that SUBSCRIBE button!
Bye-bye!
Good Luck!
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Chart Code:
Blue Bold Dotted Line - Decreasing of Selling Volume
Purple Bold Dotted Line - Decreasing of Buying Volume
Green Bold Dotted Line - Increasing of Buying Volume
Red Bold Dotted Line - Increasing of Selling Volume
Red Dashed Lines - Downwards Reversal Momentum
Green Dashed Lines - Upwards Reversal Momentum
Green Rectangle - Buying Area
Red Rectangle - Selling Area
Red Line - Stop Loss
Yellow Dotted Lines - Estimate Timerange of the price target might be getting hit
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SushiSwap (SUSHI) Buy ZoneSushiSwap (SUSHI) Buy Zone
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BIAS
Long-Term : Bullish
Risk : Medium
Even though our long term market structure for SushiSwap is pointing towards a highly probably break above our local high, on lower time frames be can see relative strength and a potential bounce up $2.9 zone.
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$SUSHI/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 2.75 - 2.9
TP 1 : 3.3
TP 2 : 3.97
TP 3 : 4.58
TP 4 : 5.25
TP 5 : 6
TP 6 : 6.78
TP 7 : 7.78
TP 8 : 9.13
Stop Loss : 2.58
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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Pump coming for SUSHI?Simple idea. The daily RSI seems to have formed a symmetrical wedge from late January until now. We can see that on Feb 28th we broke out of that wedge and are now in the process of retesting the top of the wedge as resistance. If we are able to hold it as support we could see a nice bounce to the measured target of the wedge.
Price targets. I think we could start with the last local high at around $5 but I could also see it reaching the top of the macro wedge at around $6.50. If the bull market really takes off then a break above the macro line of resistance could see us go back to $16 or even retest all time highs.
$SUSHI -Ready to launch soon. $SUSHI -Ready to launch soon. Looking at a double zigzag combo here. The waves are relatively nice but not easily distinguishable on the perp pair from Binance.
Chart here points to the fact that we'd be in in 5 of 5 of C of (Y) of 2, if you can follow ;) Don't sweat it if you can't. I find it hard to revisit an old chart with such counts...
What I'm looking for to long is a bounce in the area of $2.30 +- 3%. I wanna see an RSI above the oversold line to create a nice divergence on the Daily and below timeframes.
Safe trading to everyone.
Sushi is showing upwards momentumShowing Y continuation pattern while momentum is sloping to the upside on SUSHIUSDT.
We are in a range at the moment. I advice to open long at the bottom of the range or on breakout.
With the current panic on crypto we got a rally to the downside last week, It is quite likely crypto markets will start to move back to the upside as buyers come in when crypto is considered to be cheap.
🆓SushiSwap (SUSHI) Feb-27 #SUSHI $SUSHI
Currently, SUSHI still holds the zones of $3.2 and $3, these are very good support zones where we can buy and expect a recovery in the near future.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 3.2$ zone
🔴Buy : 3.2
🔴Sell : 3.8 - 4.4 - 5
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 3.2$ zone
🔵Sell : 3.2
🔵Buy : 2.8 - 2.4
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
SUSHI/USDT - UpdateThis setup was posted here few days ago.
As expected the price has lost its previous support, has retested it was rejected and closed several candles from 1h-4h below thus activating the trade!
Currently running on profit at +7.5% ( calculated without leverange )
Feel free to take partial profits here and move SL to breakeven.
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SUSHI/USDTI've been keeping an eye on this possible scenario for weeks. Simply put, if price loses support, which is also the value region bottom of the range +completes the head and shoulders pattern, I'll look for a lower price.
Only if we lose $3.9 as support and we start witnessing 1hr and 4hr closes will I consider this trade.
Targets: $3.2 - $2.6
Stop loss: $4.10
This trade is not active until the criteria is met.
Enter at your OWN RISK. Not financial adv.
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Thanks and happy trading :)
SUSHI, will the support line survive another test? SUSHI is in a large trading range between the $3.93 and $4.83 levels. The entire cryptocurrency market corrected yesterday. In doing so, SUSHI tested its lower boundary, which currently acts as support. In addition, it should be noted that there was not much volume during the fall. The high volume at the bottom signals an accumulation of positions on the part of buyers.
While the price is in the trading range, special attention should be paid to the lower boundary of the range. The strategy for the range is a breakout or false breakout of the boundaries. A squeeze and breakout of the lower boundary will be a good opportunity to sell. In case of a false breakout, it is worth opening positions in the opposite direction.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Is SUSHI going to break this resistance?SUSHI is in a large trading range. A key level that lies within this range can be identified.
The key level is now acting as resistance. But in case of a squeeze near the key level, a breakout could occur.
A breakout could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.