SUSHI possible Long wait 0.38 Fib,50
Sushi possible Long,
Keep in mind that the indicators on the 1d chart sound like it will try to test the SMA50 and from there determine a bounce up or down. Be careful.
15min Chart
Admission: $14
Stop: 13
Leverage: 3x.
Target: 16-20 or more.
1d Chart
Admission: $14
Stop: 9.1
Leverage: 2x
Target: 16-20 or more.
MACD:
Indicator still has the strength to go higher.
If the RSI remains above 50, it could indicate that the bulls are gaining strength. Which will allow to go to test the SMA50 and confirm the possibility of a Bullish
Personally, I expected 38.2% at the Fib level, although if they decide to enter now, put a stop on entry.
Keep in mind that the indicators on the 1d chart sound like it will try to test the SMA50 and from there determine a bounce up or down. Be careful.
15min Chart
Admission: $14
Stop: 13
Leverage: 3x.
Target: 16-20 or more.
1d Chart
Admission: $14
Stop: 9.1
Leverage: 2x
Target: 16-20 or more.
MACD:
Indicator still has the strength to go higher.
If the RSI remains above 50, it could indicate that the bulls are gaining strength. Which will allow to go to test the SMA50 and confirm the possibility of a Bullish
Personally, I expected 38.2% at the Fib level, although if they decide to enter now, put a stop on entry.
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.