Seems its time for SUSHITP1 16.5
TP2 19.80
TP3 23.28
TP4 29
SL 13.5
Its not any buy or sell advice, just my analysis.
Sushi
SUSHI/USDT Short Position IdeaHello Traders
SUSHI/USDT has broken a rising wedge and confirmed it.
also it has broken a local support zone then retraced on it and moved down.
Weekly TF is showing some bear strength.
Hairbrained Macro Breakdown - SUSHIUP This is not financial advice - DYOR - Let me know what you think XD
SUSHI - LONG! CHANNEL & TRIANGLE BREAKLong time reader, first time poster.
EDIT: I realised after positing this that there were a lot of similar analysis, good sign for SUSHI i hope?
Very undervalued at the moment after a long consolidation. You can also see that since since the beginning of March Sushi has been traveling in a descending channel with one -massive- break out. Currently, Sushi seems to be also breaking out of a triangle bullish flag, which should see it explode to $18.
ENTRY AT 14.683
EXIT AT 18 (AND THEN SEE WHAT HAPPENS)
JAY
SUSHI LONG - TARGET 23$+ Just broke out of a big descending triangle to the upside. LONG while u can
SUSHI out of the falling wedge4H time frame shows SUSHI in USDT pair is already out of falling wedge. A quick look on Ichimoku shows there will be a small pull-back to the trend-line and hopefully a rise afterwards.
Trade Safe
SUSHI 5 month parabolic riseCrazy that SUSHI went 5 months since $0.65 and never closed a daily below since reclaiming it. That means it did a +2,600% move in 5 months, don't you love crypto?
Most are bearish SUSHI, I'm notWhen most are bearish, things can go the other way. Especially considering the technical overhaul with V3. We have to take down the resistance around 16.6 first.
SUSHI BTC dailySushi needs to hodl support on the current range to continue further uptrend momentum.
Overall neutral at this point.
If the descending triangle breaks we could see some upwards or downwards momentum.
Need more conformation before we can see how this will play out.
SUSHIUSDTIf it can break the resistance of $ 14.547-14.675 it can move to the bottom of the bearish channel .
That´s why you should always take profitsBTC is just lateralizing in the triangle and people are going crazy, but those that follow the basic rules of risk management are not.
Please, if you are one of those guys that 100% in during the dump (and you are not a holder), start to learn more about risk.
Anyways, BTC need to hold the support inside the triangle which I believe it will,
I also believe that if that happens, alts will pump to the moon in the meanwhile since BTC dominance is going lower everyday.
If we break that triangle to the downside I suggest traders to scape and wait for a touch in the weekly 21 Moving average.
That´s all folks, stay safe.
Sushi - great opportunity Long
Reasons
Consolidating on support
Above mensal open
Inverted head and sholders printing
SUSHILets eat Sushi now!
It breaks the trend and complete its first pullback.
lets hold it to 20$ target
LINK could break that bull flag to the $50`s region LINK could easily break that bull flag that is making us wait forever to the $50`s during April.
But don´t jump in too hard, it could bounce on that $25 support again before exiting the bull flag.
So if you made some gains between 25 and 32, take some profits, it´s not gone run away from you, don´t worry.
SUSHI, very low risk with good future. SUSHIUSDTHello my friends, like always everything is clear on the chart for you. In the sideway range but very low risk, by seeing the trigger, we can buy. So keep it in your watchlist. Good luck.
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