SUSHI short term looking. The market mostly moves according to repeated patterns. The untrained becomes an emotional trader and easily panic when things don't go their way.
The chart is clearer on the 4H timeframe. I realized that I am the only one posting here on Sushi. All others are watching! I would like to get some comments and other reactions. Sushi is BULLISH, even though things seem bearish. If you are trading in futures contracts, be very careful, as a retracement might burn you. If you are trading spot hold tight.
Its a new season at the Sushi restaurant. the Chefs are awakened and very busy, food is ready and buyers popping in. Chart explains it all Bottom at 1.034.
Sushi Trading against strong support and still above long term trend line . We saw the same thing with UMA which after listing on Poloniex, dumped but eventually passed its ATH within weeks. Patience is key here, Sushi does not die, its food and there will always be a Chef! Since last night, It has been a bit bullish and will continue to surprise all traders.