On the H1 chart the trend started on Aug. 27 (linear regression channel). There is a high probability of profit taking. Possible take profit level is 0.5175 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, WeBelievelnTrading
🔍 Technical analysis: Reverse head and shoulders pattern - In the previous analysis , it was mentioned that a head and shoulders pattern was formed, that the last correction log can extend to the range of 1.17. - As mentioned, it is moving in a descending channel. - Demand was met at the bottom of the descending channel and the range, which experienced a...
🔍 Technical analysis: Retest the bottom of the ascending channel - In the 4H time frame, after a price pump in the range of $162, it has been moving in an upward channel for some time. - In this ascending channel, after hitting the ceiling of the channel 3 times and not being able to break the range, it has faced selling pressure. - Currently, in the middle of...
On the H4 chart the trend started on Aug. 07 (linear regression channel). There is a high probability of profit taking. Possible take profit level is 0.7142 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, WeBelievelnTrading
Market Context: CRYPTOCAP:SUSHI has reclaimed a key support zone at $0.548 and held above it for the past week, indicating strong acceptance. A potential break of the current trend could offer a medium-term trade opportunity. Trade Setup: Entry: Ladder into the position between $0.57 and $0.60. Take Profit: First target: $0.73 Second target: $0.86 Third...
So SushiSwap is a good overall coin, also with XSushi Staking Program, the project is going the right direction at this current time. Analysis suggests that we are at support, the reward vs the risk is very rewarding. In the next bull run it can go up to 20$ or even more. It's possible as long as the project and the developers go in the right direction with the...
SUSHIUSDT technical analysis update SUSHI's price touched its major yearly support level this week, a zone it has bounced back from multiple times over the last four years. We can expect a bounce from this support level again. Stop Loss: $0.45 Target :100%-300% regards Hexa
🔍 Technical analysis: Expanded flat modification - It is moving in a downward channel in the weekly and daily time frame. - The current corrective structure is completing a full 5-wave cycle. - According to the structure, an expanded flat is being formed. - This correction can enter an upward trend in the current area or a value lower in the range of 0.39...
📊📊📊📊📊 ✉️ Pair: SUSHIUSDT 📈 Direction: Long 💯 Leverage: Cross 5X - 10X - 20X 📊 Entry 1: $0.5659 📊 Entry 2 (DCA): $0.5250 ✅ Target 1: $0.7000 I recommend selling 20-30% of your position at this level. ✅ Target 2: $0.8000 Sell 20-30% of your position at this level, following the progressive exit strategy. ✅ Target 3: $0.9500 Sell 20-30% of your position at this...
🔍 Technical analysis: Bullish Flag - It has been moving in an ascending channel in the daily and weekly time frames. - According to the analysis presented in the previous post, there has been a modification to the bottom of the channel and the ceiling of the previous major. - There is now an ascending flag form with a pullback to the broken cap structure of...
🔍 Technical analysis: Movement in the descending channel - In the analysis presented in the previous post , it was able to move up to the 0.78 Fibo range according to the predicted movement path, which then encountered a correction that also traversed the alternative path. - Currently, after breaking the downtrend channel, it has re-entered the channel. - It...
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After an impressive rise, sushi entered a corrective wave. Now, it seems the corrective wave ended at 0.786 Fibonacci retracement and price is oscillating in a consolidation box. Also notice the downtrend line. When these two break, the next uptrend impulse wave will start.
🔍 Technical analysis: Support at the bottom of the descending channel - It is moving in a downward channel in the daily and 12H time frames. - Currently, there is demand in the area of the bottom of the descending channel and the beginning of the movement. - Therefore, if this demand continues in the range of the green box, it can continue its growth up to...
The consecutive days of decline have exhausted the bearish power. The short-term FUD brought by Mt. Gox is nearing an end, and the main focus of the crypto market will return to monetary policy. Although Powell will speak at a regular meeting these two days, Thursday's CPI data will determine the subsequent trend this month. Today we will talk about a classic...
🔍 Technical analysis: Complementary wave C scenario - In the previously presented analysis, the C wave stopped at 0.78 fibo of the previous wave. - It is currently moving in a descending channel in the 2D time frame. - There is an FVG gap and it is now in the middle of the channel, which is also symmetrical with the 0.78 Fibo range. - If it faces selling...
SUSHI is starting to flip green on our Premium indicator on the H4 time frame. Looks good for a short term relief bounce
🔍Let's dive into today's analysis. The market is quite range-bound and lacks volatility since it's Sunday and the trading volume is low. As usual, let's start with Bitcoin analysis: 👑 Bitcoin Analysis 1-Hour Timeframe In the 1-hour timeframe, we still have an ascending channel where yesterday, the price stabilized above its midline. However, as mentioned...