SUSHI/BTC looking bullish and 1005 potential from here as per TA#SUSHI/BTC TA Update:-
#SUSHI/BTC looking good for fresh entry.
Because trading at support level.
Entry1:- 2900-3000 Satoshi
Targets:- 3959/6498 Satoshi
Key point:-
👉 if candle close below 2800 Satoshi then next good entry will be 2000-2100 Satoshi
So if bearish close then I will exit and again buy at dip ( entry 2)
But don’t enter at entry 2 without my update.
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Sushilong
Longed $SUSHI at 6.15 - Looking to TP around the 7.20 region$SUSHI looking interesting for a long at this stage, retesting and bouncing on previous support of 6.15. Hourly support holding up and looking nice for a long position.
Entry at 6.15 and looking to take profit around the 7.15-7.30 region. Stop set at 5.85.
Trading obviously comes with risks and as always this is not financial advice, just my thoughts.
Here's How SUSHI/USD Could Be The Best Performing Asset Of 2021Welcome everyone,
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Let's Talk SUSHI/USD...
When an asset hits price discovery territory the potential becomes infinite and price discovery for SUSHI is what we'd be looking to explore with this Elliott Wave count.
The first wave has formed a rising wedge with a 5-3-5-3-5 structure that is the start of something.
The big variable here is really just where wave 2 will pull back to. In this chart I'm hypothesizing that it will pull back to 2.07. This matches up with the channel support that is commonly used to identify waves of an impulse as well as targets. The 3rd wave is projected (on log scale) for the 1.618 extension of wave 1. The deeper wave 2 pulls back the lower the 3rd wave target becomes.
The orange dotted lines highlight previous swing lows that will want to be defended, with the lowest orange dotted line being the most important low to protect.
Invalidation of this count will be the origination of wave 1.
I chose 2.07 as the most probable support due to price, channel support, fibonacci retracement, and a 1:1 ext of the A wave in the start of the correction. All this lines up nicely for support at 2.07 which is approximately a 30% retracement.
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SUSHIUSDT - Who wants sushi?W aiting for level testing.
If the level can withstand the seller's pressure.
Expecting a great upward motion?
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
Lets eat some Sushi 🍣SUSHI / USDT
🌟 Techincal Analysis🌟
Hi guys
I really dont like this coin but my members asked me for analysis ..here we are :
Trendline broken in 4H frame
The best entery was at that breakout of both trendline and MA50 at 1.42$-1.43$
With small stop loss at 1.328
And Targets gona be 1.525$ - 1.645$ -1.77$
(Already hit first Target )
If you late and looking for entery now
You can buy now or wait for bull back with stoploss 4H candel closing below 50 MA
For next targets
**Note : this coin has high volatility
If btc move it move fast
This idea for education purpose
Trade at your risk and use stoploss
Good luck and happy trading 🌹
SUSHIUSDT: Possible Long (28.11.2020)On D1, the price found support at $ 0.5, after which new resistance was set at $ 1.7.
On H4, the price corrected after building an upward impulse upward and found support at the $ 1 level. In addition, the RSI reached the oversold level, after which the price recovered in a new upward impulse.
We recommend buying SUSHIUSDT in order to keep the position above $ 3.
SUSHIUSDT: Possible Lng (24.10.2020)On D1, the price has broken the downtrend line. The RSI is near the oversold level, signalling a weakening downtrend.
On H4, the price also broke through the downtrend line. The divergence has formed between the RSI and the price.
At the moment, the price has formed a local correction.
We recommend buying SUSHIUSDT in order to keep the position above $ 1.
Long Sushi Great Platform w Strong YFI Trading Devs Bought BackSushiswap cloned Uniswap and launched SUSHI before UNI. Both coins have bottomed out. UNI had a hype cycle on Coinbase listing. Sushi had a pump cycle on Huobi listing and then a dump cycle on Binance futures listing. Platform is stronger than ever and it appears that devs have bought back.
SUSHI PRICE IS ABOUT TO RISE WELLIn my previous technical analysis, I noticed that I made a mistake.
Analyzing a project that is still very new on a logarithmic scale can cause errors. So when we convert the graphic to a geometric scale, a much smoother pattern emerges.
Sushi now; perhaps it may be the cheapest level to buy. It can be entered with 25% balance to reduce the risk.
SushiSwap Price Prediction: SUSHI Imminent Mega Breakout To $4
SushiSwap finds stability after a gruesome week, recovery is in the offing.
SUSHI/USD bulls must defend the triangle support to avert any lingering declines back to $1.00.
The embattled and epitome of DeFi drama, SushiSwap token seems to have found some semblance of stability after last week’s rollercoaster ride. Support has been established and embraced at $2.15 and marginally above $1.00. At the time of writing, SUSHI is trading at $2.20 following a 24% retreat over the last 24 hours according to data by CoinMarketCap.
A falling triangle pattern is the most pronounced chart pattern in the hourly range. If the bulls hold onto the short term building momentum, a breakout above the triangle would kick start SushiSwap’s mega rally to levels above $3.00 and $4.00 respectively.
Technical indicators on the chart suggest that SUSHI will stay in consolidation a while longer. The Relative Strength Index (RSI) has slowed down the downtrend after forming a higher low and lower low pattern. Support above 30 (oversold region) means that bulls are fighting to regain control of the price. Moreover, recovery towards the levels at 40 and the midline would indicate the return of bullish pressure, significant enough to support a break above the triangle.
Meanwhile, it is essential to note that the price is trading below the 50 and 100 moving averages. SUSHI will have to change these two resistance zones (50 SMA at $2.61 and 100 SMA at $2.65) into support areas to properly gain ground and launch an attack at the triangle resistance, $3.00 and $4.00 levels.
For now, keeping the price within the confines of the triangle is in the bulls’ best interest. In other words, it vital that the pattern’s support remains intact. Otherwise, a break under the triangle could culminate in an exploration of the rabbit hole back to the $1.00 level.
SushiSwap Intraday Levels
Spot rate: $2.20
Relative change: -0.16
Percentage change: -6.80
Trend: Short term bearish bias
Volatility: Expanding
Sushi Is the Next Bitcoin ?!This is kind of a joke, but kind of not.
Sushi started with a bubble at it's binance listing. Then came the correction, then came the drama, and now its in a bit of a wait-and-see with ChefNomi exit, $band, migration, governance, etc.
Looking at the chart, there are similarities to Bitcoin's 2017 bubble top. Eventually, Bitcoin would return and spend a lot of time in the $8,000 - $10,000 range in price.
I think Sushi CAN be the next Bitcoin in this way... seeing it return to the $8 - $9 price range.
Full disclosure, I am farming some sushi... and I will hold over the upcoming weeks to see if my idea comes to fruition. And if it doesn't, I'll take my $Sushi and go to a restaurant and get wild caught Sushi, the farmed fish isn't good anyway.
Travis
JMJ - UIOGD