Sushiusdt
SUSHI CAN DROP AGAINHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the SUSHI symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SUSHI: DOUBLE OR NOTHING.With the latest news on Sushi related to all staking fees on the Sushi platform being redirected to the project’s treasury for a year, the project leader Jared Grey has taken a bold step forward. Chart-wise, there hasn't been a lot happening recently. Things could take a quick turn as the words are put into action.
Sushi is close to the support level with the current price of $1.18. In the worst-case scenario, it should not drop more the $1 rather it should bounce back doubling the price ($2.3).
Key points:
1. Support level: $1 to $1.13.
2. Target: $2.3.
3. Invalidation point: Breakdown and close below $1.
That's it from my end. I'll see you in my next update.
Trade safely.
SUSHIUSDT 1HA bearish trough has formed on the 1-hour chart, crossing the MM220, where it has been above since the 27th of November. SUSHI has broken lower Keltner channel line and if not strong buying force will make triple bottom at 1.078. This fall in addition to the traditional market situation and world geopolitics, sushiswap is facing a shortfall in its budget that threatens its long-term operational viability. After reviewing expenses, the project's annual maintenance need was reduced from $9 million to $5 million, but the treasury still only foresees about 18 months of breathing space, the developers said.
SushiSwap (SUSHI) forming bullish BAT for upto 30.50% moveHi dear friends, hope you are well and welcome to the new trade setup of SushiSwap ( SUSHI ) with US Dollar pair.
Previously the priceline moved slightly lower than PRZ level, however, recovered soon and pumped well.
Now on a daily time frame, SUSHI is about to complete a bullish BAT move.
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
Long Scalping signal on SUSHI/USDTSushiswap is showing great momentum and staying green almost throughout the week, along with other altcoins.
An upcoming weekend correction will give us a good entry as it will touch the trend line for the third time. The SUSHI/BTC chart also looks pretty neat. So we expect SUSHI to rise to at least $1.56.
In our previous prediction, Defi is a category we need to keep an eye on.
If you miss the last train, here is your chance.
Entry: 1.30x
Sl: 1.20x
Tp: 1.56x
SushiSwap Update (Just Getting Started - 111% Potential Target)We looked at SushiSwap (SUSHIUSDT) just three days ago and things are looking good.
The main signals we have supporting the bulls is the break above EMA50 and MA200, the mangeta and black lines on the chart.
There can still be a drop though just for prices to bounce higher up.
Testing the resistance that has just been conquered before additional growth.
If you want more details about this pair and the targets of more than 100%, click/tap the image below:
28-Nov. | SushiSwap Bullish Since June | How To Trade + Tips
Thanks for reading.
Make sure to follow for more Altcoins and all Cryptocurrencies.
Namaste.
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.
SUSHI has a Chance for a GREAT Short Position!As shown in the chart below, the SUSHI/USDT Chart is in a corrective upward movement that can touch 50% and 61.8% of its lase Fibonacci LEG, which will be around 1.5 $ to 1.6 $,
It can happen in both Price and RSI Trends so we should monitor both zones to get confirmation on the Short Scenario,
Remember this is an ABC Scenario which can lead to more than 100% Gain, Sounds Good.
Keep Calm and Stay in Touch with US.
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.