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Sushi

Sushi: Back into Channel (12/5/2021)Kopite Analysis Daily: 12th May 2021 — SUSHI/USDT Welcome to the Kopite Analysis! Today we’ll be sharing an important pattern related to SUSHI. At the beginning of the 2021 bull run, SUSHI quickly went up and soon formed a strong ascending channel. However, recent dumps have seen it fall below the lower boundary into 16- levels. Today and at the time of writing, SUSHI trades at 17+ levels and is set to push back into the channel eventually. If it does go back into the channel, we may see it go all the way to the upper boundary, where SUSHI will set a new ATH. Should the test of the lower boundary fail, SUSHI may head back to 15- areas. That’s it for this post :) happy investing! (NFA, The Above Is Not Intended To Be Financial Advice. Use Charts at Your Own Risk.
by KopiteLC
2
Sushi Looks Extremely BullishWelcome, first of all lets simplify things a bit. 1) First of all Sushi broke Bull flag pattern, and I was waiting for retest and its finally here. 2) Secondly, during this retest Sushi has formed Ascending Triangle or whatever you call it. Now we can see Ascending triangle continuation. 3) On third spot I'll put major support level(13.3 -- 14.3), Sushi can strongly bounce back from this level. 4) Fourthly, it have completely breached Bollinger Bands(default configuration), so looking for correction. Putting all these things together, I am looking for a strong uptrend. That are all of my words for Sushi. Please let me know what do you feel for sushi. NOT A FINANCIAL ADVICE. DYOR! Cheers.
Long
by TheAzharZaman
3
Great buy opportunity in SUSHI🚀Hello guys As we can see price price brokeout from an Ascending triangle and now forming Falling wedge which is a Bullish indication if it breaks it. - Wait for the Candle closure above the wedge or buy at retest of the Ascending triangle. - Put your Stop Loss below the breakout candle or green support area. - Take Profit: 1- $17.70 2- $20.85 or Trail it with a Trailing SL. If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! . . . . . . . . . . . . . . And do follow me on Twitter for EXCLUSIVE Market updates: @mywealthstory Your Support is very much 🙏 appreciated! Happy Trading
Long
by mywealthstory
2