SUSHIUSDT 50 % drop likely - BewareSushi remains in the long-term downtrend and looks as bad as many other altcoins.
In this case we also expect 50 % drop.
The price already broke below the upsloping support line and is retesting it as a resistance.
- We expect the rejection and continuation to the downside.
- Even if the price manage to pump above the upsloping line that should be acting as a resistance now, there´s still the major downsloping resitance line where we expect the rejection and downtrend continuation.
- Retesting all time lows is likely as long as the trend remains bearish but there´s also support at 0,60$ which would be approx. 50 % drop.
- To become bullish the price has to break above the downsloping resistance line which is less likely in our opinion especially that BTC.D is expected to bounce from its key support.
Good luck
Sushiusdt
SUSHI has a very bullish setup imoDidnt post crypto charts for a while.
This is one of my favorite coins together with QUICK, ADA, MATIC, FLUX, ETC and big once like BNB and ETH
Im holding for this to give me 5-10x to exit
I dont think crypto will bottom till sometime next year, so any good and quick pump here will make me exit half (especially if it hits the lower bottom of my target
SUSHI | Ready for Massive Breakout..!!
#SUSHI Looks Promising for the Midterm #HOLD..
- Forming Descending Channel in HTF Chart.
- Buying Volume is coming in.
- Expecting Massive Upside Breakout.
- +300-400% Profit Potential in Midterm.
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
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#SUSHI/BTC 17x potential in the long RUN. SUSHI has broken out the long-term resistance.
I have already posted PYR and planning to post more if I get a good response.
SUSHI will be a game-changing investment for any trader in the next bull run both from a fundamental and technical perspective.
Best Entry:- My plan is to accumulate on spot.
No futures or leverage.
$1.2 to $1.55, Not touching the current market price.
Target:- Observe the chart, The price is likely to make a new ATH above $22+...
SL: $1.08 I would not put any SL for now since I am accumulating on Spot I will DCA.
*Not Financial Advice, dDYOR
If you want me to post, do hit the like button and share your views in the comment section.
Thank you
#PEACE
🍣SUSHISWAP price. Is it time "to taste" SUSHI again?🥢Today we will consider the trading pair SUSHIUSDT on the daily timeframe and tell you why this chart has attracted our attention.
During the DeFi boom of 2020-21, the SUSHISWAP protocol was quite popular and was always in the top 10 in terms of TVL. The maximum locked amount of pledged assets in the SUSHI protocol reached $7 billion, which was about 4% of the total TVL of the DeFi sector.
As of today, about $550mn is locked in the SUSHISWAP protocol, which is about 1% of the total TVL of the DeFi sector.
In principle, this is not a bad result and the share of "influence" in the DeFi sector. If we take into account the fact that the price of the SUSHI token has decreased by -90-95% over the past year and depreciated by 13-15 times.
So why has this project attracted our attention now, you may ask? And we will answer:
1. Increased trading volumes that began to return to the SUSHIUSD trading pair, and accordingly, this is an increased interest of both buyers and sellers to the coin. There is interest in the coin, so the project is "alive" even after such a strong and long fall.
2. Buyers managed to break through and consolidate above the liquidity zone of $1.50-1.60 and this is on the daily time frame. For the last six months, this liquidity zone was a strong resistance and did not let the price go up.
3. Even the most modest assumption regarding the potential for SUSHIUSDT price growth to the range of $3-3.30 from current prices is x2. Moreover, it can still be growth within the downtrend, that is, the price will be below the red trend line.
Summarizing:
In our opinion, as long as the buyers of SUSHI manage to keep the price above the liquidity zone of $1.50-1.60, there is a good potential for the price to rise first to $2.30, and in the best situation to $3-3.30.
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SUSHI/USDT - LONG DAILY BYBIT -- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ SUSHI/USDT ⚡️⚡️
Exchange: ByBit USDT
Trade Type: Regular (Long)
Leverage: Cross (2.0X)
Active Trailing Entry Orders:
1) 1.792 - 32.971% (33.6352 USDT)
Entry Orders:
1) 1.713 - 0.0% ❌ (Merged)
2) 1.67 - 16.745%
3) 1.622 - 16.747%
4) 1.575 - 16.72%
5) 1.527 - 16.815%
Take-Profit Orders:
1) 2.137 - 75.0%
2) 2.449 - 20.0%
3) 2.938 - 5.0%
Stop-loss Orders:
1) 1.376 - 100.0%
Trailing Configuration:
Entry: Percentage (4.5%)
Stop: Percent Below Highest (5.0%) -
Trigger: Target (1)
Opened at 2022-10-30 15:48:15
Client: My-ByBit USDT
SUSHI - breaking levels SUSHI is putting in work -
- broken diagonal with retest
- s/r flip
- breached 1st local high, attempting to breach the next high
- momentum building
This one looks good, stay objective. No real clear invalidations that would provide a good entry, RR would be too risky for me to jump in.
Still looks good, target above if we continue!
V
SUSHI/USDT 1H - Clean Long This Week 📈Really nice signals on the hourly SUSHI/USDT chart thanks to AlgoBuddy. Riding this midterm uptrend in crypto with BTC, ETH, and alts all moving to the upside. Still think this pump has room to run, however we're not swaying from our mid-November downturn expectations. We shall see! Cheers.
Counting waves of SUSHIHello, dear traders, I hope you are doing well
I think Sushi has formed a diametric for the big C wave, which is now about to start the G wave. Sooner or later, eventually this wave will start and we will see a drop to the announced limits. I have such a view on this currency.
Comment if you have any questions
Thank You
Sink or Swim for Sushi 🎣 🍣 Sushi/USDT 1D
Sushi had/has some momentum building as of late but its running into resistance but has stalled out.
Sushi could be in a symmetrical triangle or descending triangle on how you view the highs and lows. Jump up to a higher time frame and it becomes more clear.
To the downside watch the previous pivot highs around $1.35 for a retest on a pull back which also coincides with the 100EMA. You want this to hold if you dont want to see the bottom of the pattern.
To the upside watch for a daily close above $1.62 on break out to the upside.
If you zoom out to the weekly the Sushi chart looks like straight garbage. This is not a coin I would hold long term but would be happy to take a swing trade on with a small position.
🔥🍣Is SUSHI a new PUMP coin? Hi friends! SUSHI🔥 is making HH and HL despite entire crypto market. This altcoin looks stronger than many others that is why you should pay attention to it.
If you take a look on the volume indicator, you will see that a lot of coins were bought at the bottoms. The volue bars are always growing when the price fall to local bottom.
📊 The preconditions to open a long on SUSHI:
🔥 the volume growth during the fall to closest value area of $1.2-1.3 which is support for the price
🔥 squeeze to the trendline
🔥 bullish BTC
🚩 One thing that really dangerous that is the growth of volume at the pumps, that means the huge sells of by huge hodlers. It's not good for futher growth, because big guys might expexct the fall where they accumulate more SUSHI again.
The DOM and Footprint scalping tools help me to identify this whales. If I will see the HUGE buy orders+long preconditions before the breakout, I will choose the buy side of course.
✅ The targets for SUSHI:
1. $1.92 - the key level which is resistance for the price.
2. $2.5 - the key level and even number which become the local resistance for the price.
*$1.41-1.54 - the value area, if SUSHI fall to $1.2-1.3 area. This will become the good target. I also think that the breakout without the pullback to $1.2-1.3 area is highly possible so pay your attetion to the chart to no miss the profit.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.