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Sushi

SushiSwap Bullish Since June | How To Trade + TipsHere we have a rising channel where SushiSwap (SUSHIUSDT) has been printing higher highs and higher lows since June 2022. If we were to zoom out and look at the bigger picture this is just a consolidation box/phase... After the consolidation comes the bullish break. This chart is telling me that SUSHIUSDT is ready to move ahead. If you were to use this information to trade, this setup produces low risk (tight stop-loss) with high potential for rewards. You need to do your own research for that part. But let me just say that the stop-loss can be around $0.99 or ~20% and just the last high gives 60% potential but one can easily hold if patient to 100% o r 120%. It is a numbers game. There are many different strategies, many different ways to trade. How you approach the market will depend on your personal situation, your background, your culture, your capital, your education and so on. Everybody is different but we can all win if we learn to buy and hold. Namaste.
Long
by AlanSantana
7
SUSHI Violas still draw triangles.Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ The guys here are a familiar triangle, after the breakdown of the local resistance of $1.180, we see how the asset showed a good impulse to the $1.295 zone, net 10% I expect to see a small correction with continued growth, I showed it approximately on the chart and identified an area of ​​interest for buying in LONG $ 1,185-1,215 Also, if you pay attention to the RSI indicator, you will notice that the asset is in the overbought zone and a slight correction has already begun. I do not rule out that we can see a false extension of the triangle up and then go lower, so be careful, I just put my orders and I will wait for my entry point.
Long
by DanilBlinkov
1
SUSHI/USDT Short in liquidity zone!BINANCE:SUSHIUSDTPERP Hi everyone, I believe that sushi will be cheaper in the coming weeks. What do you think ? Is sushi a good option for dinner? Maybe it is, but let's talk about charts! The sell zone for a possible pullback is aligned with an OB, so I believe there is a good risk/return for this trade. On the daily chart we have a well-defined support zone where new buyers go looking for purchases, but I believe in testing lows or even new lows. I hope this study helps you, always remember: Trade at your own risk. Good trades, see you soon
Short
by leandrosander_
SUSHIUSDT 50 % drop likely - BewareSushi remains in the long-term downtrend and looks as bad as many other altcoins. In this case we also expect 50 % drop. The price already broke below the upsloping support line and is retesting it as a resistance. - We expect the rejection and continuation to the downside. - Even if the price manage to pump above the upsloping line that should be acting as a resistance now, there´s still the major downsloping resitance line where we expect the rejection and downtrend continuation. - Retesting all time lows is likely as long as the trend remains bearish but there´s also support at 0,60$ which would be approx. 50 % drop. - To become bullish the price has to break above the downsloping resistance line which is less likely in our opinion especially that BTC.D is expected to bounce from its key support. Good luck
Short
by vf_investment
5
#SUSHI/BTC 17x potential in the long RUN. SUSHI has broken out the long-term resistance. I have already posted PYR and planning to post more if I get a good response. SUSHI will be a game-changing investment for any trader in the next bull run both from a fundamental and technical perspective. Best Entry:- My plan is to accumulate on spot. No futures or leverage. $1.2 to $1.55, Not touching the current market price. Target:- Observe the chart, The price is likely to make a new ATH above $22+... SL: $1.08 I would not put any SL for now since I am accumulating on Spot I will DCA. *Not Financial Advice, dDYOR If you want me to post, do hit the like button and share your views in the comment section. Thank you #PEACE
Long
by Cryptorphic
1
🍣SUSHISWAP price. Is it time "to taste" SUSHI again?🥢Today we will consider the trading pair SUSHIUSDT on the daily timeframe and tell you why this chart has attracted our attention. During the DeFi boom of 2020-21, the SUSHISWAP protocol was quite popular and was always in the top 10 in terms of TVL. The maximum locked amount of pledged assets in the SUSHI protocol reached $7 billion, which was about 4% of the total TVL of the DeFi sector. As of today, about $550mn is locked in the SUSHISWAP protocol, which is about 1% of the total TVL of the DeFi sector. In principle, this is not a bad result and the share of "influence" in the DeFi sector. If we take into account the fact that the price of the SUSHI token has decreased by -90-95% over the past year and depreciated by 13-15 times. So why has this project attracted our attention now, you may ask? And we will answer: 1. Increased trading volumes that began to return to the SUSHIUSD trading pair, and accordingly, this is an increased interest of both buyers and sellers to the coin. There is interest in the coin, so the project is "alive" even after such a strong and long fall. 2. Buyers managed to break through and consolidate above the liquidity zone of $1.50-1.60 and this is on the daily time frame. For the last six months, this liquidity zone was a strong resistance and did not let the price go up. 3. Even the most modest assumption regarding the potential for SUSHIUSDT price growth to the range of $3-3.30 from current prices is x2. Moreover, it can still be growth within the downtrend, that is, the price will be below the red trend line. Summarizing: In our opinion, as long as the buyers of SUSHI manage to keep the price above the liquidity zone of $1.50-1.60, there is a good potential for the price to rise first to $2.30, and in the best situation to $3-3.30. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
21