SUSHIUSDT Resistance BreakoutSUSHIUSDT(1H CHART) Technical Analysis Update
Resistance Breakout
SUSHI/USDT currently trading at $18.20
Buy-level: $17.85 - $18.20
Stop loss: Below $16.85
Target 1: $19.00
Target 2: $20.00
Target 3: $20.75
Target 4: $21.75
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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Sushilong
Sushi - Waiting for the setback. - 4hrs - LONGSushi broke a very very strong bearish resistance. But it took off very strongly. That is why I prefer to wait for a pullback before entering.
MANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total capital. NEVER.
You invited to share your vision in the comments. Thank you
Sushi to $30 in month .. don't panic sell
$SUSHI currently trading at $14.95
bounced back from Support level .
So I am buying SUSHI
✅ Buy: 14.5 - 16 ✅
🎯TARGETS:
1- $18.95 (27.71%)
2- $23.10 (56.33%)
3- $30.00 (102.0%)
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below 11.31
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SUSHI/USDT 100% potential from here so what next move#SUSHI/USDT TA Update:1
$SUSHI currently trading at $16.10
And Trading and bounced back from Support level.
So I am accumulating $SUSHI
Entry:- $15-$16.15
Targets:- $19.08/$23.31/$29.59
Stop Loss:- Now $14
But if Tight stop loss then Any candle close below $14 then I will close position.
Support:- $14.7
Resistance:- $19.8/$23.31/$29.59
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SushiSwap ($SUSHI) Going to $24+ in the Next 24-48 HoursBuy Price: Under $19
Target Price: Top of Trend Line (Whenever that is)
With $CAKE going up 20% in the last 24 hours and now $UNI going to new ATH on the news v3 is imminent, $SUSHI will be making the run any minute now. I expect it to happen in the next hour at most.
Get on this sub-$19 buy while it's available. You won't see this price again!
SUSHIUSDT (Ascending Triangle breakout)SUSHIUSDT (4H CHART) Technical Analysis Update
Ascending Triangle breakout
SUSHI/USDT currently trading at $21.00
Long Entry-level: $20.50 - $21.00
Stop loss: Below $18.00
Target 1: $23.00
Target 2: $26.00
Target 3: $30.00
ALWAYS KEEP STOP LOSS...
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Is SUSHI/USD the lagger after being listed on Coinbase? Today, SKL , MATIC, AND SUSHI were listed on Coinbase. SKL and MATIC both put in 50%+ days while SUSHI/USD, putting in bullish activity, did not break out into ATH .. yet.
Aside from the fundamental news, we have some classical chart patterns, and price action clues that a break out to ATH is imminent. On 20 of FEB Sushi found sellers and profit taking at 19.34 and established a local high.
On March 1st, Sushi double topped with a swing failure pattern, wicking a slightly higher high, but not putting any price action above 19.34 worthy of continuation. BUT after this double top , the clue is the higher low in the range, right above the equilibrium of the range.
On March 9th , the 3rd attempt! Rejected again... but yet... another higher low.
Equal highs? Ascending lows. We have the classical chart pattern called the ascending triangle forming! Also considered a probable continuation pattern in a trending market.
So what's happening with price action? Our first high was formed. Why? Sellers taking profit. We have now established resistance. And what is resistance? It is a wall of sell orders/ shorts laying there. But.. the more times price punches at resistance, the sell wall gets eaten away at, and the higher lows indicate accumulation, and impatience of buyers to wait for price to correct further. The sell wall/resistance is weakening.. and the sellers are wary that higher prices are coming in, pull their orders to sell at a higher price. Buyers are waiting for the breakout above 20 bucks to jump in for the ride.
I see re-accumulation and expect a breakout this week.
Thanks for reading! Give me a like and follow if you like what you see. Below is some shitcoin trading tips.
-
I am @shitcoin_rich. I'm just some guy who made it in 2017 and gave a lot back to the market in 2018 and 2019, but, I learned a lot of great lessons and nuances of the altcoin market. My TA is meant to be simple, no gann fann's or fib circles. And I picked up a few nuanced alt coin trading tips that you can only see after staring at these charts for a few years. I trade with EMA's as my baseline with price action as my basis for exact entries. I use fibonnaci/ market geometry/ indicators/ divergence for confluence on my entries/ exits. I will be making predictions, but am I reactionary trader. I am the farthest thing from a financial advisor.
1) When BTC is trending bearish , alts are mostly bearish .
2) When BTC is trending bullish , alts are mostly neutral or bearish .
3) When BTC is consolidating, alts are most neutral or bullish .
4) After a BTC bull trend, and moves into short to mid term consolidation, money almost ALWAYS moves into alts.
5) Alts follow Ethereum's macro trail mostly. Ethereum follows BTC's macro trail mostly.
6) If you LONG/ BUY alts with bearish momentum for Bitcoin or Ethereum , odds are you will lose.
7) I personally still use USD to buy my coffee and pay my rent.. half the time you're going to gain USD and lose BTC when trading alts. I trade USD and USDT pairs to gain USD. If I lose BTC value, it doesn't phase me.
BTC is King. Ethereum is queen. Alts are volatile peasants.
Long/buy Alt coins when BTC and ETH have bullish and/or sideways conditions.
SUSHIUSDT (Reversing from the support)SUSHIUSDT (4H CHART) Technical Analysis Update
Reversing from the support line
SUSHI/USDT currently trading at $18.50
Buy-level: $17.75 TO $ 18.50
Stop loss: Below $16.85
Target 1: $20
Target 2: $22.5
Target 3: $30
ALWAYS KEEP STOP LOSS...
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SUSHIUSDT Good for Long Entry!SUSHIUSDT (1H CHART) Technical Analysis Update
SUSHI/USDT currently trading at $17.35
Buy-level: $17.00 - $17.40
Stop loss: below $15.65
Target 1: $18.65
Target 2: $20.50
Target 3: $25.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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SUSHI - do you want?Breakout of the dynamic resistance with the retest (blue);
👉 Formation of an ascending triangle and its resistance pinched (in blue).
☝️ Entry: split into two parts. First: from the current ones. Second: breakdown of horizontal resistance and/or support of a flat triangle.
☝️Stop loss: at $14,154.
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
SUSHIUSDT Scalping PlaySUSHI was the strongest alt in my watchlist which bounced back after a decline simultaneously with BTC. Observing this strength made me open another long position at $16,1434.
Again moved S/L upwards after each successful lower high formed.
Got stopped out at $16,73 with a decent profit.