Sushi
SUSHIBTC - UPDATESUSHIBTC price breakout and trying to stabilize itself, We are expecting a good upside move towards the upside.
Sushi forming Cup 6 HandleI am giving this call based on Cup & Handle forming on a daily chart. Good luck. In sha Allah you will make good profit from this call.
SPOT trade SUSHI/USDT
Entry : $3.05 - $3.5
TP1 : $4.03
TP2 : $4.38
TP3 : $4.73
📶 Extended TPs
TP4 : $5.2
TP5 : $5.8
TP6 : $6.3
🆓SushiSwap (SUSHI) Apr-19 #SUSHI $SUSHI
SUSHI is having a very strong support at $2.8-3. SUSHI can rise to the $4.2 and $4.8 zones in the near term. The $4.8 zone is a very strong resistance and it needs to be overcome for a further increase in May.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 2.8$ zone
🔴Buy : 3 - 2.8
🔴Sell : 3.6 - 4.2 - 4.8
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 2.8$ zone
🔵Sell : 2.8
🔵Buy : 2.5 - 2.2
❓Details
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
SUSHI falling wedge#SUSHI/USDT
$SUSHI is inside weekly falling wedge.
there is support between $2.63 and $1.62 that is the same with lower line of wedge.
🐮 price can drop more to lower line of wedge, then head up to break out from upper line of this pattern.
break out from falling wedge pattern will increase price toward resistance zones shown in chart.
Bullish symmetrical triangleAs you know i did already idea on the resis break and it went as i said. From that pump we formed another pattern(Symmetrical Triangle) which is bullish direction. We will see the break in few hours and our target is still 3.65+. I will be updating so keep eyes on it:)
Sushi long daily tradeWe can see a strong daily 4h and 1 h resistant (daily resistant). So i have an idea to trade this. we should wait for confirmation on smaller TF and breaking a shortterm downtrend. After that i going to take a long with good math expectation,
SushiSwap SUSHI Price Targets and Stop LossSUSHI /USDT
Entry Range: $3.05 - 3.60
Price Target 1: $4.05
Price Target 2: $4.90
Price Target 3: $5.50
Stop Loss: $2.71
SUSHI Bullish DirectionAs we can see here, SUSHI is going with one of these triangles and every is bullish. After breaking the basic triangle we could see pump trough some resistances and if we will break the falling wedge then we could make long position with the main target. I will inform you soon rn watch it and if it will be about to break the triangle buy with 20x Long. Targets and more soon. Also i think when btc is -6% and sushi -11% we could see an 5+% pump so it can be matched with btc as always:)
sushi falling wedgesushi looking good down here to accumulate
could see a nice move up if we break the down trend
Buying Opportunity Strikes for SUSHI Investors*SushiSwap Price is trading in a cup and handle pattern over the daily chart.
SushiSwap Price is trading in a cup and handle pattern over the daily chart. Basically the trading pattern forecasts a curve making a cup and a price drop sketching handle over the chart.
SUSHI coin is presently CMP at $3.57 and has lost 10.23% of its market capitalization in the last 24-hour period. However, trading volume has increased by 16.58% in the intraday trading session.
Stoch-RSI showcases that SUSHI coin is in extreme oversold territory. K and D are at 0.88 and 20 respectively. Investors need to wait for any directional change over the chart.
MACD exhibits bearish momentum of SUSHI coin. The MACD line is behind the signal line after a negative crossover.
Technical Levels
Support Level: $2.75
Resistance Level: $5.07
SUSHI in ChannelBINANCE:SUSHIUSDTPERP SUSHI is moving upward channel and might breakout once it moves above upper channel
Can we break the yearly VWAP?seems like we are going to break squeeze out this down trend from the yearly lows
SUSHI in the ChannelIt is in a descending channel that has reached the midline by reacting to the bottom of the channel. In this important range, with the failure of the specified resistance, we expect the possibility of climbing to the top of the channel. It is suggested by entering this range it is convenient to enter. If it reacts to this range, we have the possibility of falling to the bottom of the canal.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
Big potential for SUSHI! Hello my friends,
I updated on of my trades. This time its on Sushi/USD. I think its has a lot of potential for some upward momentum.
There is slight regular bullish divergence on the 4hr timeframe and with the momentum of BTC we can see some rise anytime soon. I've pointed out two zones for taking profit.
Hope you like my idea. Please like if so and thank you for checking out!
Good luck to you all during these weird times.
Kind regard Cryptodjens.
BINANCE:SUSHIUSDT
SUSHI USDT Based on multi touch analysis, a breakout of the trending will result in a parabolic movement that will see SUSHI retest previous swing highs.
Go long after the breakout
sushi looking goodsushi looking good here to break the down trend
if you got in on my earlier chart enjoy the ride
SUSHI Short HTF Pullback Buy-Side liquidity has been taken and waiting for a retest of the highs, after that there is a high probability that we take out equal lows and fill the 1H FVG.
SUSHI time to Long?Based on the trend Fibo, Sushi is trying to turn the 0.786 (3.5 USDT) into a local support.
If the weekly closes above this support then Sushi will hit the 0.618 (5 USDT) easily the next resistance. and it will further try to spike until 6 USD which is the 0.5 of Fibo the next strong resistance.
and around 6 USDT SUSHI is touching / going to retest the downtrend line (yellow line). couple candles close above will easily make way to 10 USDT.
Entry : 3.65
TP1 : 5.03
TP2 : 6.11
SL : 2.78
Plan your leverage accordingly, if you have the same idea as me :)
Safe trading!
SUSHI (SushiSwap) Token Analysis 25/03/2022Fundamental Analysis:
SushiSwap (SUSHI) is an example of an automated market maker (AMM). An increasingly popular tool among cryptocurrency users, AMMs are decentralized exchanges which use smart contracts to create markets for any given pair of tokens.
SushiSwap launched in September 2020 as a fork of Uniswap, the AMM which has become synonymous with the decentralized finance (DeFi) movement and associated trading boom in DeFi tokens.
SushiSwap aims to diversify the AMM market and also add additional features not previously present on Uniswap, such as increased rewards for network participants via its in-house token, SUSHI.
Who Are the Founders of SushiSwap?
SushiSwap was founded by the pseudonymous entity known only as Chef Nomi. Little is known about Chef Nomi, or his or her impetus for forking off from Uniswap.
The project has two other pseudonymous co-founders, sushiswap and 0xMaki, also known as just Maki. Between them, they handle SushiSwap’s code, product development and business operations.
More recently, de facto ownership of SushiSwap was passed to Sam Bankman-Fried, CEO of derivatives exchange FTX and quantitative trading startup Alameda Research.
Bankman-Fried is a well-known participant and cryptocurrency market commentator, regularly appearing in media interviews.
SushiSwap primarily exists as an AMM, through which automated trading liquidity is set up between any two cryptocurrency assets.
Its main audience is DeFi traders and associated entities looking to capitalize on the boom in project tokens and create liquidity.
AMMs do away with order books entirely while avoiding problems such as liquidity issues, which hamper traditional decentralized exchanges.
SushiSwap aims to improve on the offerings of its parent, Uniswap, by increasing the impact users can have on its operations and future.
The platform takes a 0.3% cut from transactions occurring in its liquidity pools, while its SUSHI token is used to reward users portions of those fees. SUSHI also entitles users to governance rights.
SushiSwap attempts to mitigate the traditional risks of depositing funds in smart contracts by upping the governance powers of its users.
The anonymity of its developers poses questions beyond a technical standpoint. In September 2020, for example, Chef Nomi was involved in a spat with users after withdrawing 38,000 in Ethereum (ETH) from SushiSwap. The funds were subsequently returned, with Chef Nomi publicly apologizing for doing so and calling the move a mistake.
SushiSwap’s in-house token SUSHI is created at a rate of 100 tokens per block. The first 100,000 blocks had a block reward of 1,000 SUSHI.
The supply of SUSHI will depend on the block rate. At approximately 6,500 per day, and therefore 650,000 newly-minted tokens per day, there will be roughly 326 million tokens in circulation by September 2021, a year after SushiSwap first launched.
SUSHI had no premine, and began to be minted at Ethereum block number 10,750,000, beginning with a supply of zero tokens.
The current CoinMarketCap ranking is #135, with a live market cap of $465,604,012 USD. It has a circulating supply of 127,244,443 SUSHI coins and a max. supply of 250,000,000 SUSHI coins.
Alt-Season is Starting as the BTC.D of Bitcoin Dominance is Falling and Total Crypto Market Cap seems to be Bullish...
Technical Analysis:
we can clearly see the price of this Asset has lost 90% of its Value from its All Time High which is very undervalued and discounted for this Particular asset and is worth of investment as it is accumulating below 85%.
There exist a Bullish Divergence of Price and MACD, which is a significant sign of Bullish Trend and Beginning of a new Cycle.
there are 3 Targets Defined by Fibonacci Trend Base Extension tools to Project the height of the Upcoming Cycle.
