$SUSHI | Similar Fashion Here PotentiallySUSHIUSD has done this pattern similarly if you scroll to the right: breaking Bollinger Bands upper band with extreme levels of over bought in an almost TRIPLE TOP fashion. Plus a decent sized bearish candle that followed. Difference we have here is it's being rejected off of a major resistance zone (drawn off WEEKLY). I think we see the beginning of a downtrend which follows suit with the crypto market in general currently. Potential landing points are the support lines drawn off the daily. A safe trade is the STOP LOSS above the SWING HIGH and take profit above the nearest support line but if an avalanche happens I suspect the 2nd support line to be adequate because you also have to take into account the 20 MA and 50 EMA which would be around that area.
Sushiswap
SUSHI the last resistance before FOMO kicks in SUSHI / USDT
SUSHI become one of first coins to break its major trendline resistance which could be a start of new bull cycle
But before we get excited there is last important resistance in my chart breaking it out with strong volume will complete the inverse H&S which is another bullish pattern then fomo will kicks in
Keep your eye in this coin !
❤️if you enjoy my long term analysis then dont forget to support my work so i will publish more ❤️
SUSHI usdt is one of my favoritesi will set an order to go long on sushi at 1.022$ at x3 leverage.
If this order is filled,i will set 3 take profit orders
1.067 4.5% (13.5%)
1.095 7.1% (21.3%)
1.124 10% (30%)
I will cut losses if 4Hour candle closes below 0.995
(i will update here)
This idea is supported by technical analysis
and this week Sushi will announce a new CEO.
also,for the time being BTC will probably bounce around 22k which means most alts will bounce as well
FOLLOW FOR MORE
SUSHI is in Demand zoneThis is another great 5-7x potential here and more
I doubt the bear market will be over till the next year, but if we get a good rally into EOY, I will be exiting at the targets mentioned on the chart (look for the green arrows).
Also i doe expect BTC to slice below $10k at some point next year
At the mean time all coins are staked and making some interest.
SushiSwap (SUSHI) completing the leg of Cypher for upto 15% pumpHi dear friends, hope you are well and welcome to the new trade setup of SushiSwap ( SUSHI ) with Bitcoin pair.
Previously we caught a nice pump of SUSHI:
On a 4-hr time frame, SUSHI is about to complete the final leg of bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
August 29 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to Glassnode, total value in the ETH 2.0 deposit contract reached an ATH of 13,388,454 ETH. Bitcoin is down 1.82% over the last 24 hours and fell to an intraday low of $19,518.00. The 20-day EMA is sloping down and the relative strength index (RSI) is near the oversold zone, indicating that the bears are in control. For now, the bears will attempt to pull the pair towards the June 18 intraday low at $17,622.
Today’s Cryptocurrency Headline
SushiSwap Community Votes To Cut Salary Of Next CEO
The SushiSwap governance community has passed a vote that will reduce the pay of its Chief Executive Officer. In SushiSwap’s initial proposal, the salary for the position included a base salary of 800,000 USDC, 600,000 SUSHI tokens, and additional incentives. The initial proposal and bonus incentives faced significant pushback from the community. The new incentive structure passed today will reduce the base salary to 500,000 USDC, and the total number of SUSHI tokens as an incentive is reduced from 1.2 million to 1 million. Additionally, the community will revote on who will be hired as CEO. SushiSwap has been looking for a new CEO after previous CEO Maki left in September 2021.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
SUSHIUSDT: Good medium-term perspectiveHello, everyone.
Cryptocurrency prices continue to decline. And this is a great reason to keep a close eye on the dynamics of coins, because in the near future a rapid price recovery may begin.
I suggest to pay attention to SUSHI, where an excellent wave medium-term and local structure is forming.
I plan to actively buy the coin and wait for the price to recover to at least the $2 level.
SUSHIUSDT 4H TA; TrendLine MoveAs we can see in the chart, it is advancing on its trend line, and if it supports this range and crosses the $1.6 level, it can continue a good rally until the resistance zone, otherwise it will fall after breaking this trend line. We will have up to support areas.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
SushiSwap (SUSHI) formed bullish Crab for upto 17.5% pumpHi dear friends, hope you are well and welcome to the new trade setup of SushiSwap ( SUSHI ).
Previously I shared a long-term trade-setup for Sushi , which is still in play:
Now on a 4-hr time frame, SUCHI has formed big bullish Crab pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
SUSHI (watching for possible breakout)SUSHI / USDT
The altcoins market has pumped thanks to ETH as expected in previous idea
Today we watching some of interesting altcoins ,
SUSHI is an example
We watching a confluence between horizon resistance and trend resistance
Once Breakout is confirmed strong bullish will be followed , so keep your eye on it !
Best of wishes
Sushiswap W Pattern (50% Target Mapped)I've shared so many of these that I am hoping that you already know all these signals by memory.
They work nicely yet it isn't just the signals but the market cycle together with experience that produces the best results.
You can find the target with the drawn pattern on the chart.
The RSI is strong.
We have increasing volume.
Trading above the EMAs...
And so on...
One more chart and for today we are done.
I hope you find this information useful.
Thanks a lot for the continued support.
Namaste.
SushiSwap (SUSHI) formed bullish Gartley for upto 4000% big moveHi dear friends, hope you are well and welcome to the new trade setup of SushiSwap ( SUSHI ).
On a monthly time frame chart, SUSHI has formed a big bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.