Hello traders and investors! Above I have detailed 2 scenarios, as we reach the end of our descending triangle/ channel shape. In the pattern we have seen price action hit a bottom and top 4 times on a 4 hour chart💹. We have just completed what looks like a large head and shoulders, and instead of going down⏬, we see bullish movement. I will be waiting for a confirmation correction to buy in, but I will NOT overlook this token, here are some reasons why ⏬⏬⏬⏬⏬⏬⏬⏬⏬⏬⏬
What is SUSHI🍣? -It is a decentralized exchange (DEX), that was created to expand on the ideas of UNIs vision. SUSHI believes in straying away from KYC, less KYC = less control. This is what we want going into 2021 am I right🤔😄💙?!!
-SUSHI is inflationary, meaning eventually the value of holding a SUSHI will not be as great as it may have been years🕘 ago..
- However, since this token is still just getting started, and has not even come close to reaching its coin market cap, we have a long way to go and much potential profits🤞💲, to be made.
-🍣SWAP runs off of liquidity pools, and also they use AMMs (Automated market makers), meaning investors earn the token from depositing ETH into SUSHI's liquidity pool.
-SUSHI was founded just last year AUG 2020, and started strong. Shortly after the kickoff ⚽🏃♂️, the original founder🐼 decided to withdrawal 14 Million 💲 in September of 2020. Now, in April 2021, not only has SUSHI 🍣 fully recovered😄, we have reached a new ATH! WOW👏. SUSHI now has new leaders, and is going strong, teaming up with POLKA DOT creating a cross-chain DEX, among other networks SUSHI is getting involved in, so that it can keep going strong💪.
Swap has great potential into 2021. Since COINBASE is about to go public, more independent, tokens such as SUSHI🍣 are going to be the shining stars⭐🌟, of the decentralized finance (DEFI)📲💲, world🌎😄!
Remember, SUSHI is run through ETH, so they will be correlational to a certain degree. Invest wisely! The market is very volatile and can be dangerous.. Always have a stop loss ✋🛑, set. Any questions🤔, thoughts💡💭, happy😃, sad😢 like or dislike 👍👎 in comments below! Thank you so much!
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