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Sushi

SUSHI Has formed a Bullish FlagSUSHI Has formed a Bullish Flag. After breaking above the Resistance the price has formed a trend continuation pattern. 🔵Entry Zone 1.506 - 1.564 🔴SL 1.3412 🟢TP1 1.6075 🟢TP2 1.7974 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments.
Long
by JosephMcKenzie
SUSHI/USDT Could Bounce from the support and break the pattern ?💎SUSHI has recently demonstrated noteworthy market dynamics. It is currently positioned on the support trendline of a Bullish pennant pattern, which is typically considered a bullish pattern. 💎 Furthermore, the daily close shows a hammer candlestick, suggesting potential bullish momentum if today's candle closes in the green. 💎 In such a scenario, SUSHI may climb upward toward the resistance of the pattern in an attempt to break out. A successful breakout probability could lead to a test of the strong resistance area. 💎 However, if SUSHI breaks below the support trendline, it will invalidate the Bullish pennant pattern, and there is potential for the price to move downward toward the demand area at 0.87, initiating a new momentum. 💎 The demand area holds significance as it may serve as a potential bounce point for the price, allowing it to reverse and move upward. Nevertheless, if the demand area is breached, this would be a bearish signal, indicating that the price is likely to continue its downward trajectory, ultimately reaching the strong support area.
by MyCryptoParadise
2
SUSHI/USDT Potential move from Key Support? 🚀Sushi💎 Paradisers, prepare for an exciting trading opportunity with #SUSHIUSDT, as it steadies itself within a crucial support zone, hinting at an impending market direction. 💎 A closer look at #SUSHI recent performance reveals its struggle to eclipse its last peak, casting a shadow of bearish sentiment. However, prospects for a bullish reversal are brewing at the support level of $1.212. With the wind at our backs, we're setting sights on a rally that aims to break through the next resistance barrier. 💎 If the drive behind CRYPTOCAP:SUSHI starts to wane, we're banking on a bullish resurgence from the established demand at $1.103. Yet, should it breach below this pivotal point, we might be witnessing the onset of a more significant bearish trend.
Long
by MyCryptoParadise
6
BINANCE:SUSHIUSDT - Triangle formation confirmed, waiting break--------------------------------------------------------------- Description --------------------------------------------------------------- + SUSHI formed a symmetric triangle and waiting on breakout + Symmetric triangle formation will be a good opportunity for a trade entry + The target for the trade is next resistance. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 1.132 Stop Loss: 1.046 ------------------------------ Targets 1:1.166 Targets 2:1.200 Targets 3:1.273 Targets 4:1.382 ------------------------------ Timeframe: Capital: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Note: Don't forget to keep the stop-loss. --------------------------------------------------------------- Agree or Disagree with the ideas ? lets discuss in the comments. Like and follow us for more ideas. Regards VectorAlgo
Long
by VectorAlgo
🌟🔍 SushiSwap (SUSHI) in a Prolonged Accumulation Phase 🍣🔐 📊 SUSHI's Accumulation Box: SUSHI has been in a 610-day accumulation box, with a notable exit and subsequent return to the box, indicating strong interest from traders and investors in purchasing at these levels. 📈 Volume Surge on Return: The return to the accumulation box was marked by significant volume, underscoring the buying interest in SUSHI. 🛒 Long-Term Holding Strategy: For long-term holders, buying after $1.568 seems favorable. However, it's advised to use a wide stop loss to remain in the position comfortably. 🛑 Stop Loss Recommendation: A stop loss below $0.922 is recommended. This might seem large, but it's crucial to consider the overall risk management strategy. 🔍 Futures Trading: For those interested in futures and looking for long positions, considering entry after $1.370 could be strategic. 🚫 Risk Management in Futures: Comparing the stop loss in spot trading with futures, a 2.5% stop loss with 20x leverage in futures equates to a significant risk. Hence, the notion of a 'large' stop loss in spot trading should be reconsidered. 📉 Accumulation Box Breakout: When constructing a digital asset portfolio, waiting for a weekly breakout of these significant accumulation boxes is often a prudent strategy. 📣 What's your view on SUSHI's current accumulation phase and breakout potential? Are you planning to hold, trade, or wait for further signals? Share your strategies and insights! 💬🌐 #SUSHICoin #CryptoStrategy #TradeCityPro 📚 Remember: The crypto market's inherent volatility demands careful planning and risk assessment. Ensure your investment decisions align with your financial goals and risk tolerance. 🧠💼
Long
by tradecitypro
11
SUSHI after breaking above the short-term resistance can go upSUSHI after breaking above the short-term resistance can go up. Here is the potential entry zone with TPs and SL 🔵Entry Zone 1.224 - 1.280 🔴SL 1.1304 🟢TP1 1.3909 🟢TP2 1.4697 🟢TP3 1.6079 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments.
Long
by JosephMcKenzie
SUSHI/USDT Perfect bounce on the support, Could Continue UP ??💎 SUSHI's market activities have recently been under the spotlight. It has shown a remarkable bounce back from its support area, indicating a significant recovery. This upward trajectory suggests that SUSHI could potentially continue to rise and attempt a breakthrough of the strong resistance area, aligning with our targeted projections. 💎 However, if SUSHI struggles to maintain its upward momentum towards the resistance trendline, there's a chance it might revert to a downward movement, returning to the support area to regain momentum. 💎 A critical point to watch is if SUSHI revisits the support area but fails to hold this level. In such a scenario, a breakdown of the support area could occur, leading SUSHI towards the demand area. 💎 Under these circumstances, there's a possibility of an even further decline to the stronger support levels. The market's response at these pivotal support zones will be key in determining SUSHI's subsequent market direction.
by MyCryptoParadise_Nathan
2
SUSHI/USDT Eyeing Bullish Prospects from Demand Zone?👀🚀 Sushi 💎 Paradisers, let’s zoom in on #SUSHIUSDT as it’s currently exhibiting a significant market pattern. Positioned in a demand zone, it is indicating a potential for an upward move. 💎 A recent analysis of #SUSHI shows that after retesting the descending channel, it has started an upward trajectory. Currently, with its momentum building up in the demand zone at $1.220, there’s a high likelihood of a bullish move from this level. Should the price maintain its momentum here, we can expect SUSHI to target overcoming the bearish Order Block (OB) above. 💎 However, in the ever-changing landscape of crypto trading, it’s essential to be prepared for different market scenarios. If #SUSHI struggles to keep up its momentum above the demand zone, a strategic shift may be necessary. In such a case, we might need to focus on a bullish rebound from a slightly lower support level at $1.159. Importantly, if CRYPTOCAP:SUSHI breaks below this support level, it could signal the onset of a bearish trend. . 🌴💰
Long
by MyCryptoParadise
1
#SUSHIAfter the failure of the downward trigger and the strong exit from the concentration, it has created a corner pattern with the ascending guard, which can continue this growth until the upper areas if it is supported in the specified area. In the weekly time, the path of upward movement of the currency is open and it will have the ability to grow up to the important daily and weekly resistance area of 2.8 to 3.12. Also, if it penetrates below the support of 1.18, the possibility of an increase will be weakened and the analysis will be invalidated.
Long
by alikze
SUSHI/USDT Had a Good Run So Far | 👀🚀 What's Next?💎 Paradisers, focus on SUSHIUSDT, as it's currently exhibiting a compelling market trend. The asset is showing signs of a potential bullish move from a key support level. 💎 Recently, SushiSwap faced a hurdle at the $1.49 resistance level. If SUSHI can maintain its ground at the critical support level of $1.04, there's a considerable likelihood that we could see a continuation of its bullish trend. This positive view is bolstered by SUSHI's strong showing above the EMA, indicating the potential for continued upward movement from this level. 💎 On the other hand, if SUSHI finds it challenging to hold its position at the $1.04 support, a strategic reassessment might be in order. In such a case, we might need to anticipate a bullish movement initiating from a lower demand zone. 💎 Stay vigilant and prepared, Paradisers. Your ParadiseTeam is here to provide key market insights, assisting you in navigating these trends and ensuring your trading choices are both well-informed and tactically sound.
Long
by MyCryptoParadise_Simon
1
SUSHIUSDTBullish Bias and Potential 70% Price SurgeSUSHIUSDT recently marked a decisive break above a descending channel, signaling a significant shift in price dynamics. Preceding this breakout, the price consistently respected both a minor and a major demand zone, indicating robust bullish pressure within the market. Further reinforcing this bullish bias is the clear bounce observed from a simple uptrend trendline, coupled with a distinct formation of higher highs (HHs) and higher lows (HLs) pattern. Considering these bullish confirmations, there's a higher probability of the uptrend's continuity, potentially leading the price towards a massive supply zone formed back in 2022. Upon reaching this supply zone, it could signify a noteworthy 70% price increase for SUSHI.
Long
by CryptoPAMM
#SUSHI/USDT#SUSHI The bearish pattern on a 3-day frame was breached The price rushed strongly, heading to the first target at the price of 0.869, touching the moving average of 100. It is expected that the price will rebound with a correction from the first target and then continue rising to the second target of 1.170 This represents 100% of the penetration price This is supported by significant buying momentum and an upward trend Please note that moving average 100 will give an upward push to the price once it is breached
Long
by CryptoAnalystSignal
3
Sushi - Tested 2 timesDear my firends, We have seen very strong buying pressure pushing Sushi to break the downtrend line for many days. After that, it broke through very hard resistance and returned to retest twice there. At this time, it is the beginning of wave 3 on the Sushi daily frame. Our problem is that currently the price of Bitcoin has grown too hot and has begun to correct. The best scenario is that bitcoin will retest the 38k resistance area and then return to the 38K area and bounce up. This is a beautiful scenario for Sushi to follow the price path I am seeing. I decided to place an order here and stop loss below the support zone. Hope I won't bite the stoploss LOL! Best Regards,
Long
by DragonCaoB
3