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Sushiusdt

SUSHI/USDT Secondary trend. Horizontal channel 11 months = 108%Logarithm. Secondary trend. Time frame 3 days. Long-term horizontal channel (accumulation) with the step of 108%, currently 11 months long. The key “level” of the channel formation is 1.128 (last update, before the accumulation formation). There were no stop loss withdrawals under this channel at the moment. The price is currently at the lower zone of this channel. Potential reversal zone. Working in the channel. This is what it looks like on the line chart. Main trend. Time frame 1 week.
by SpartaBTC
38
SUSHI - The Worst Is Yet to ComeLooking at this SUSHI/USDT weekly here and I believe the worst is yet to come, for this and some of the other alts as well. Sushi took out the SOS highs, and then fell right back below them. That's a textbook re-distribution, which tells me that we have to take out the lows, at the very least. On top of that, you have this measured move from the head and shoulders that lines up perfectly with the 1.618 down at $0.3777. This is another "low volume coin" on Binance, similar to WAVES, OMG, and XEM. I believe it could also see a similar breakdown. 30 Day Volume is under $5m, just like the 3 that were already de-listed. Even if Sushi doesn't get de-listed, it could still drop just as heavily in the coming days. If you are holding or trading Sushi, be careful!
by DigiLex_LLC
2
SUSHI/USDT Ready For a Bullish Reversal From a Key Support💎#SUSHIUSDT is making a pivotal retest at the lower boundary of its ascending channel. We expect a bullish rally from the $1.10 support level towards the channel's upper resistance. 💎However, if #SUSHI fails to sustain momentum from the $1.10 support and breaks below, we could witness a continuation of the bearish trend. The next essential demand zone at $1.02 is on standby, known for its capacity to drive significant bullish reversals due to its strong liquidity. 💎 In contrast, if CRYPTOCAP:SUSHI tests this demand zone once more, it's vital for the asset to confirm a rebound to sustain its support level. Any failure in this regard could amplify bearish forces, negatively impact market sentiment, and potentially precipitate further price declines. 💎Keep your trading strategies flexible and your senses tuned, Paradisers. Your ParadiseTeam is vigilantly tracking these developments and ready to navigate you through the fluctuating dynamics of the #SushiSwap market. MyCryptoParadise iFeel the success
Long
by MyCryptoParadise_Simon
SUSHI/USDT Showing a bounce from the support, Potential upward!💎 SUSHI has recently demonstrated significant market dynamics, rebounding from the support area, indicating a potential continuation of its upward movement towards the resistance level around $2.15. 💎 If SUSHI breaks out above this resistance area, it could facilitate an easier path toward reaching our target area. 💎 However, if SUSHI faces rejection at the resistance area, there's a possibility of a retracement to test the support region between $1.65 and $1.45. 💎 When SUSHI approaches the support area, it's crucial for it to bounce, given the area's importance. 💎 Failure to hold this support level could lead to further downward movement, potentially testing lower demand areas. If SUSHI breaks below this support, along with the trendline support, it would confirm a bearish trend, leading to further downward movement.
by MyCryptoParadise_Nathan
SushiSwap (SUSHI) Breakout: $1.94, $2.00, and $2.15 Key LevelPredicting a potential breakout for SushiSwap (SUSHIUSDT) in the coming days. The token is currently hovering around $1.80, and a decisive break above this level could see it surge towards $1.94 in the daily timeframe. This bullish momentum could extend further, with eyeing $2.00 as a key resistance level. If SUSHIUSDT can reclaim this level on the daily timeframe, it could pave the way for a climb to $2.15, a significant resistance point. However, failure to break above $1.80 could lead to a pullback down to $1.50. Investors are closely watching this price point as a potential support level.
Long
by Z4F4R
Sushi Price Has Indicated Signs of a Bullish TrendSushi ( CRYPTOCAP:SUSHI ) price indicating readiness to move higher after it recently overcame a key hurdle. If the market outlook remains unchanged, and most of the Altcoins resume their Bullish streak? then CRYPTOCAP:SUSHI could trigger a massive upswing. Sushi price consolidation above $1.012 lasted which for 2 months, leading to a 109% rally in the next five weeks. This move bridged another critical hurdle at $1.628 and currently maneuvers above it. But with Bitcoin's ( CRYPTOCAP:BTC ) price finding a new support level? investors need to exercise caution. If CRYPTOCAP:BTC continues to move sideways or trends higher, then the Sushi ( CRYPTOCAP:SUSHI ) price could start a bullish trend. However, Sushi's ( CRYPTOCAP:SUSHI ) Relative Strength Index (RSI) which is 48.96 poses as a moderate indicator to accentuate the bullish thesis on Sushi ( CRYPTOCAP:SUSHI ). A potential correction to the support level at $1.267 could be likely. So, a bounce around $1.267 or $1.628 will be good accumulation zones for patient CRYPTOCAP:SUSHI buyers. Assuming the Sushi price bounces from its current position a retest of the $2.785 resistance level would constitute a 70% gain. On the other hand, if Sushi ( CRYPTOCAP:SUSHI ) price breaks the $1.267 support level, it would signal weakness. If the selling pressure continues to build, SUSHI could slide lower and tag the $1.012 barrier.
Long
by DEXWireNews
📈 SushiUSDT Analysis 🚀🍣📈 SushiUSDT Analysis 🚀 In this analysis, we'll be taking a closer look at the SushiUSDT trading pair. Let's dive in and see what the charts are indicating! 📊 🔍 **Monthly Liquidity Assessment:** External monthly liquidity has been taken into account, which is a positive sign for the market. This suggests that there's a healthy level of participation from external traders, potentially indicating growing interest and a more robust trading environment. 🌐💰 🕯️ **Monthly Candle Closing Above:** The monthly candle closing above a certain level is a key technical signal. This could signify strong bullish momentum and potential upward movement in the price of SushiUSDT. It indicates that buyers have been consistently active throughout the month, and this could lead to a continuation of the positive trend. 🕯️📈 💼 **Trading Decision:** Based on the factors mentioned, it seems that the conditions are favorable for a potential spot entry. The external monthly liquidity and the positive close above a certain level both align with a possible bullish scenario. Traders might consider entering the market for potential gains. 🚀📉 📈 **Price Projection:** While we can't predict exact price movements, the combination of external liquidity and the bullish candle close suggests a potential upward trajectory for SushiUSDT. However, as with any investment, it's important to conduct thorough research and consider risk management strategies. 📉🧐 🔑 **Key Takeaways:** - External liquidity participation indicates growing interest from traders. - Monthly candle closing above suggests strong bullish sentiment. - Consider the potential for a spot entry, but exercise caution and manage risks effectively. Remember that trading and investing carry inherent risks, and market sentiment can change quickly. Always make informed decisions and stay updated on market developments. Happy trading! 💹🚀 (Note: This analysis is for informational purposes only and should not be considered financial advice. Trading cryptocurrencies involves risk, and it's important to do your own research before making any investment decisions.) 📊🚫📉
Long
by Asif_Brain_Waves
SUSHI Has formed a Bullish FlagSUSHI Has formed a Bullish Flag. After breaking above the Resistance the price has formed a trend continuation pattern. 🔵Entry Zone 1.506 - 1.564 🔴SL 1.3412 🟢TP1 1.6075 🟢TP2 1.7974 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments.
Long
by JosephMcKenzie
SUSHI/USDT Could Bounce from the support and break the pattern ?💎SUSHI has recently demonstrated noteworthy market dynamics. It is currently positioned on the support trendline of a Bullish pennant pattern, which is typically considered a bullish pattern. 💎 Furthermore, the daily close shows a hammer candlestick, suggesting potential bullish momentum if today's candle closes in the green. 💎 In such a scenario, SUSHI may climb upward toward the resistance of the pattern in an attempt to break out. A successful breakout probability could lead to a test of the strong resistance area. 💎 However, if SUSHI breaks below the support trendline, it will invalidate the Bullish pennant pattern, and there is potential for the price to move downward toward the demand area at 0.87, initiating a new momentum. 💎 The demand area holds significance as it may serve as a potential bounce point for the price, allowing it to reverse and move upward. Nevertheless, if the demand area is breached, this would be a bearish signal, indicating that the price is likely to continue its downward trajectory, ultimately reaching the strong support area.
by MyCryptoParadise
2
SUSHI/USDT Potential move from Key Support? 🚀Sushi💎 Paradisers, prepare for an exciting trading opportunity with #SUSHIUSDT, as it steadies itself within a crucial support zone, hinting at an impending market direction. 💎 A closer look at #SUSHI recent performance reveals its struggle to eclipse its last peak, casting a shadow of bearish sentiment. However, prospects for a bullish reversal are brewing at the support level of $1.212. With the wind at our backs, we're setting sights on a rally that aims to break through the next resistance barrier. 💎 If the drive behind CRYPTOCAP:SUSHI starts to wane, we're banking on a bullish resurgence from the established demand at $1.103. Yet, should it breach below this pivotal point, we might be witnessing the onset of a more significant bearish trend.
Long
by MyCryptoParadise
6
BINANCE:SUSHIUSDT - Triangle formation confirmed, waiting break--------------------------------------------------------------- Description --------------------------------------------------------------- + SUSHI formed a symmetric triangle and waiting on breakout + Symmetric triangle formation will be a good opportunity for a trade entry + The target for the trade is next resistance. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 1.132 Stop Loss: 1.046 ------------------------------ Targets 1:1.166 Targets 2:1.200 Targets 3:1.273 Targets 4:1.382 ------------------------------ Timeframe: Capital: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Note: Don't forget to keep the stop-loss. --------------------------------------------------------------- Agree or Disagree with the ideas ? lets discuss in the comments. Like and follow us for more ideas. Regards VectorAlgo
Long
by VectorAlgo