Long

Sushi bullish--possible swing play

Updated

Sushi looking ok so far, hitting the first target. Good day for a sushi breakout, but I do think we may get the chance to buy again in my original entry point.. May happen anytime in next day or so.

Note

Still looks good. Dipped into buy zone several timess for reups. It may not dip into that buy zone again. 4 hr RSI and Stoch RSI on the way up, bounced at the right place.

Note

Short term down trend just changed-- we may be go for launch. BTC permitting.

Note

All on track. First take profit zone almost hit-- 7 cents shy of my suggested TP at the noment. But you could take it anywhere in that region. I'm selling 50% here and letting the rest make its way to TP2.

Note

Never made it to TP2-- Stop loss hit on this BTC drop. TP1 was completed. Once BTC calms down, Sushi will roar back to life.

Trade active

Target 1 reached solidly. Waiting for target two. If you had follwed this trade exactly like I did, you would be buying many times in the lower levels-- and if you didn't move it, you would have got stopped out on the Feb 23rd wick down.
I was. I checked the setup and it still looked as promising as ever, so I have reentered that day with a little less capital than I had earlier. Good luck

Trade closed: target reached

Target 2 reached March 13-14

jigga5000

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.