Sushiswap
SUSHIUSDT, Supported upper resistance zone :DHello everybody
Sushi is one of the token of exchange that is working on DeFi ...
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According to the chart and previous analysis, market exactly supported in support zone area and rised up and give everyone some profit.But now the price after broke the resistance zone its pullbacked to it and now we expect the price that is going up toward the trendline resistance zone.
If you look at carefully you can see the price made 2 bottom but we need acceptance of it.
Dont forget use stop loss and attention to money management when you take in position
Good Luck
Abtin
Previous analysis :
SUSHI broke triangle is going to $0.42Good morning,
this analysis is for Sushi token I played with this token last year and I made some money also lost some money.
Now I'm in the largest short and I want to share what is going on with this token.
Let me start by saying denying this is a Bear Market is the most anti- strategic action you can make considering you are putting in real money.
Just to be clear this analysis is for the long-term not for a daily trader who can find some pumps in the process.
If you look at the chart on the monthly Sushi made exponential growth in less than 2 years and what we are seeing now is a big-time correction.
If you understand BTC is going under $10k in the next months (check my previous chart for BTC) and you don't have to wait for it just expects to go under $30k which is going to happen in the next weeks imagine what could happen to Sushi.
Sushi might get de-listed but time will tell if the chart we see now is accurate or not.
This is just another perspective for you, the symmetrical triangle on the monthly got broken twice and this month is definitely out of the triangle going to hit some immediate targets.
My suggestion is to stay in USDT if you don't know how to trade, stay out of ALT's because most of them will be wiped out with BTC going down for the next year or 18 months. Once BTC reaches the total bottom then and just then pick an ALT that survived the upcoming crypto crash.
Now, don't take my words for granted, Sushi might stay in the game but to be honest, will be under $0.01.
If you are a trader trade this in a bear mode knowing there is no new ATH here, be cautious. However, I strongly suggest staying in cash, for now, don't get anxious and wait for BTC to reach a bottom and better buy BTC's.
The closest target to the downside will be $0.42 and will happen according to the chart in the next couple of months.
If my analysis doesn't fit your ideas it's ok, just have perspective. I will share with you when to buy BTC once the bottom is in, the chart talks.
FTX:SUSHIUSD
Sushi - #sushi $sushiDear friends
I'll choose and follow scenario 1.
conditions are clear.
if support will broke, then must wait for further supports.
Disclaimer: Information is provided only for educational and exchange purposes only.
Do your research before taking any action or decision in the real market.
SUSHI/USD this chart its so simple I'm not typing anything for it just leaving ............................................................................................................................................................................................................................................................................................
SUSHI in a very bullish wedgeThere isn't much to say, all DeFi are about to wake up after a long free fall. VLPR shows the bottom of this huge falling wedge has been bought (up until 3 weeks ago) and now price is heading toward another test of the upper trendline. In general this pattern looks so neat that I'm personally very bullish, I wish I had more fiat to buy it right now.
One advice, this could even take another dip before breaking out so DCA your entry, I'd enter with something between 10-15% right now because it's uncertain. For sure eventually this will break out!
Good luck!
SUSHI LTF 4h correction?Seems like the bearish divergence on 4h chart is playing out.
The EMA 21 support did not hold.
Overall SUSHI did 100% with little to no correction so I think 30% corrective move is healthy with making HL and continuing with the uptrend.
If we do not make HL and make LL instead or lose $7.5-$8 support, there is a high chance we are gonna revisit the HTF range low (around $6) --> Check out my related idea on why was sushi currently pumping from the HTF pov.
SushiSwap (SUSHI) Aggressively Moving Up To Breakout Big WedgeHi friends hope you are well and welcome to the new update on SushiSwap (SUSHI).
Bounced from the support of big wedge:
Sushi is moving in a big falling wedge pattern on the weekly time frame and recently it has bounced by the support of this wedge. Right now the priceline is also breaking out EMA 21 on the weekly time frame. Once it will be broken out then there will be a high probability for the breakout of the resistance of wedge.
Big Gartley:
In Nov 2021, Sushi also formed a harmonic bullish reversal Gartley pattern which I shared on the 29th of Nov. This harmonic bullish reversal move can be very supportive for the big breakout from the wedge as well.
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 SWAP Daily TA : 12.29.21 : $SUSHIAs we can see, if the price can break this important range of X-Point resistance, we can expect growth to the levels indicated on the chart.
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 29.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
SUSHI/USDT ChartHi, I try to post often so if you could follow, like and comment your thoughts it would mean a lot.
SUSHI had a good run in the past week, and after having a run from the 5.10$ range to 10$ today I think that the coin will have a correction now.
In the 4H chart we can see a bearish divergence showing up recently so we have a very nice short set-up in the short/mid term. I can't speak about the long term but in the short term I'm preety sure that we will have a correction. A good target would be around the 8.50$ support.
Another bearish factor for altcoins is the fact that BTC just brokedown the 48K zone and the market isn't showing that strenght and confirmation that we need to resume the BTC uptrend. Thanks for your attention and good luck on your trades.
SushiSwap (SUSHI) Buy ZoneSushiSwap (SUSHI) Buy Zone
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BIAS
Mid-Term : Bullish
SUSHI formed bull flag in 1 day time frame and currently retesting below it and we might see a further drop toward the marked support level which is around $5.3
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$SUSHI/USDT SPOT SETUP
Entry Price : 5.05 - 5.4
TP 1 : 5.63
TP 2 : 5.98
TP 3 : 6.8
TP 4 : 7.184
TP 5 : 8.07
TP 6 : 8.482
TP 7 : 9.174
Stop Loss : 4.321
*Stop Loss - SUSHI daily close below 4.321
*Maximum 5% of Portfolio.
*Whenever TP 2 hits, Move stop loss to entry.
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Sushi Can Grow 150%+ vs TetherWe can see the classic "cup pattern" on the SUSHIUSDT chart, this can signal that the trend is about to reverse.
As you can see on the left side, each time this bottom pattern shows up prices tend to grow.
We also have a broken downtrend as we all as increasing volume and bullish indicators (strong RSI).
All these signals support higher prices.
Note: There can be a retrace before higher prices as it happens with the cup & handle pattern.
The targets are marked on the chart.
This is not financial advice.
Namaste.
SUSHI - is going to break this trendline 👀SUSHI has been in a local downtrend for a long time. We now see the price in a trading range between $5 and $6.3 levels. It is very likely that big players are accumulating their positions here. The large volume at the bottom signals this as well. A breakdown of the trend line could be a good buying opportunity. In case the big value area is broken, there could be a trend reversal.
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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.