$BAO: Bao finance pattern, something we've seen before.Following Chico crypto's video on the Bao finance / sushi swap bullish integrations, this price action is picking up. We've seen this pattern multiple times before, $ALGO comes to mind as one that followed this W shaped pattern. With the right side of the W as a higher high. Once we break above that .0022 level, I would expect the momentum to carry this to previous ATH's. If this happens in a quick enough time frame? There might be quite a bit of alt coin hype and we might see it break above the ATH -> retest -> and then rocket.
These small cap, #Defi projects are a gold rush right now, 9/10 are probably going to not amount to anything, but it's definitely fun to throw a few hundred dollars at something like this and hold 6 figures of a token. If you want to avoid risk like this? Buy $BTC, $ETH and $LINK and forget about it.
Sushiswap
SUSHI / USDT BUYING HEREBought SUSHI / USDT pair on Binance HERE around 19.79. When it dips in this area (red zone) is a good area to buy as long as pullbacks are on lowish volume.
Stop loss 10%.
Profit targets around 30% and up.
The crypto market has staged a strong rebound yesterday and is largely continuing to hold it today, I am looking for the market to continue positive momentum.
Sushi was my first add today after buying ADA yesterday. See related post below.
The market is recovering from a heavy correction, so BUY WITH CAUTION. These setups are RISK PRONE because we are emerging from corrections and the rebound remains to be solidly confirmed.
$SUSHI, Starting to look interesting again..$SUSHI
Starting to look interesting again..
Volume trying to get momentum (increasing) as its going for a retest of 'ath' level at 44k sats..
UCTS is also signalling buys across LTFs (while 1D is flashing time to time)
Worth setting alerts on a potential breakout.
#SUSHI
SUSHI - do you want?Breakout of the dynamic resistance with the retest (blue);
👉 Formation of an ascending triangle and its resistance pinched (in blue).
☝️ Entry: split into two parts. First: from the current ones. Second: breakdown of horizontal resistance and/or support of a flat triangle.
☝️Stop loss: at $14,154.
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
1INCH Exchange (1INCH) Still In Accumulation!If you like Uniswap and Sushiswap you'll probably be a fan of 1INCH Exchange another fundamentally strong Decentralized Exchange (DEX). Decentralized Exchanges have been exploding in volume and and user growth this bull cycle and it will only continue go grow as the market expands and the demand for DeFi increases.
As of right now 1INCH has been in accumulation for a solid month forming a nice sturdy support floor of $4.30 and we have an all time high resistance of around $6.28 I suspect 1INCH to continue to run and set new all time highs once this accumulation period ends its course.
This is a sound DeFi project with innovative technology and fast growing user base. 1INCH received major funding from Binance Labs and Pantera Capital in 2020 as well as others. There's a very strong community support as well as institutional support for this DEX.
Projects that have strong fundamentals and adoption do well in these cycles. I believe 1INCH will perform well throughout the year and as always I like to keep a nice bag for the long term. It is still in accumulation. Cheers! Much peace and Love!
It's a great buy opportunity in SUSHIBTC @SushiSwap @BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.000249). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. SUSHIBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 44.
Take Profits:
TP1= @ 0.000310
TP2= @ 0.000343
TP3= @ 0.000378
TP4= @ 0.000427
TP5= @ 0.000470
SL= Break below S2
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It's a great buy opportunity in SUSHIBTC @SushiSwap @BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.000249). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. SUSHIBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 44.
Take Profits:
TP1= @ 0.000310
TP2= @ 0.000343
TP3= @ 0.000378
TP4= @ 0.000427
TP5= @ 0.000470
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Nice Setup SUSHI TradeHey folks, another opportunity to trade Sushi seems to appear as we just hit hell mary 0.618 mark. Take care from here as this coins tends to fluctuate real quick
This is not a financial advice. Please do your own research before putting any of your hard earned money on the market
Sushi Buy a break setup.SUSHIUSDT - Intraday - We look to Buy a break of 17.68 (stop at 16.88)
Daily signals are bullish.
We look for a temporary move higher.
Short term indicators have turned positive.
Pivot resistance is at 17.59.
A break of bespoke resistance at 17.59, and the move higher is already underway.
Our profit targets will be 19.88 and 21.68
Resistance: 17.60 / 18.00 / 19.00
Support: 15.80 / 15.00 / 14.00
SUSHI Buy / Sell Zones#SUSHI Buy / Sell Zones
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WallStretDefi have been trading for 20+ years on the stock markets and 12+ years in the Crypto Space, we are here to share our ideas with you.
DO NOT BE LEFT BEHIND - The Crypto Bull Market Is here right now and will likely move a lot higher in the coming months and years.
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SUSHI / BTC breakout supports USDT breakout. SUSHI/ BTC pair also has a breakout of descending trend line. It is already pulling back to test the trendline which is normal. If it breaks below the trend line, especially on volume, is reason for concern and the both the BTC and USDT pairs breakouts to be invalidated.
See SUSHI / USDT chart for breakout above ATH's after USDT dumps from Sunday night.
SUSHI - BUYING Breakout and massive buying after dumpSushi on a nice breakout from ATH's after massive dump but strong buying eating it up to where it is now.
SL about 10% under original ATH and swing ATH. Breakout was rejected at fib 1.27 level, but being bought up at pivot points on ATH levels and Fib 1 level.
If market stages a general comeback this week, I expect SUSHI to be in the lead following this breakout if it holds.
SUSHISWAP sushi usd back on track to $20 this month ?It might be late update but such a clear chart pattern for me :
1. A clear reverse head & shoulders pattern.
2. Already touch my support area couple days ago , my yellow line, & holding above 50 SMA line since 9feb.
2. MACD finally back to 0. considering healthy movement for back to bullish .
Fundamental reasons:
1. Halving reward effect (math logic as #Bitcoin halving did)
2. BentoBox lending product incoming this month (hopefully)
3. New product on development called "MISO" (Minimal initial Sushiswap Offering)
4. ....Mark Cuban revealing his crypto investment, one of them is $SUSHI lol
(reupload due to my ignorance of the house rules)
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!! That is my personal hope & observation nor financial advice. I am not self-claimed pro/wizard TA analysist lol.
just documenting my own reasons of my investment & trading.