Sushiswap
Is is SUSHI about 5x?I believe we could be seeing a pretty significant bounce for SUSHI over the next couple of weeks heading towards the end of the year.
The SUSHI/BTC pair seems to be in a falling wedge with a break out target at the top of the wedge which would put SUSHI at .00034 of a BTC. Assuming a $100k BTC that would put SUSHI at about $34.
I also don't think it's unreasonable to go back to the golden pocket or to retest the top at .00054 Regardless, I believe SUSHI has a lot to gain in the near future versus. BTC.
SUSHI has been tumbling, will Bitcoin come to its rescue?
SUSHI has been underperforming, but can it be saved by Bitcoin?
SushiSwap (SUSHI) is a fork of Uniswap that is based on the Ethereum blockchain.
It provides a decentralised exchange that allows you to swap tokens, earn rewards via yield farming and provides other passive income opportunities, which have made it an attractive investment for many crypto enthusiasts. Since its launch in 2021, it has seen an impressive growth rate, evolving into a popular rival to the leading DEX Uniswap. Its performance has been linked to the performance of Bitcoin, and therefore Bitcoin's recovery is key to SUSHI's recovery from the recent crypto crash.
SUSHI has been under a lot of pressure in the last few days plunging below $8 at the time of writing. Only two months ago, it reached its best level in four months at $16.31.
But perhaps we must first wait and see if and when Bitcoin will rebound.
SUSHI READY TO FLY 35in Next coming 45 days sushi fly next ATH Target at 35 USDT.
BIG Support 7-8 usdt
BTC now looking good and Sushi chart show bullish flag ... for next long PUMP
Expected first PUMP above 30% 12USDT
and Next 16 USDT
Stop Loss not required Bcoz you buy Minimum Qnt. as you safe your Liq Position.
Means. EXP.
You have 1000usdt means Buy 2* Qnt.
SUSHI - is going to break this trendline 👀SUSHI is moving in a downtrend. It is worth noting that a trend line is forming on the chart and volume appears on the bottom. This is a good signal. A breakdown of the trend line could be a good buying opportunity. But also the price could go down, gather liquidity, and then go to break the trend line.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
🆓SushiSwap (SUSHI) Nov-22 #SUSHI $SUSHI
The $8 zone is a strong support zone where we can expect a fresh rally to the $10, $12 and $16 zones. But if it loses this zone, it will fall back to the $6 zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 8$ zone
🔴Buy : 8
🔴Sell : 10 - 12 - 16
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 8$ zone
🔵Sell : 8
🔵Buy : 6
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
SUSHI/USDT ChartHi, before I start to talk about sushi I would be grateful if you like, follow and comment your thoughts about crypto in general.
First I will talk about the fact that SPX is hitting several new ATH lately and that could have a huge influence in crypto market in the next month.
BTC is also seeing a slow comeback but I believe that we won't fall in a bull trap yet. However we all need to be careful and plan a good exit position (I will talk about BTC when that happens).
Now talking about SUSHI, we can observe a bullish divergence in the 4H chart, and in the daily chart we can observe that the coin hit the bottom at the 8.67$ range. For me the next target would be the 10$ area (in the short term). Comment what you think please.
MY MINIMALIST ANALYSIS FOR SUSHISWAP$SUSHI
11.16.21
2353H +8 PACIFIC
ALERT: ENTRY POINTS
The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION.
JUST DYOR ENTRIES. Watch for Price action/ RSI and STOCH, VOLUME, and FIBS. Set your tight stop loss as any geopolitical, natural/man-made calamities will change the course for our TARGET AREAS OF VALUES.
REMINDER:
INDICATED ARE ENTRIES, PARTIAL EXITS/TOP-UPS, EXITS, and MAXIMIZED AREAS OF VALUE
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
You can CLICK AND hold THE CHART and PAN or DRAG IT.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS,
and, if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY).
Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to Share.
Vive Le Autist!
Vive Le Egalitarianism!
SUSHI ANALYSISHere's a quick look at SUSHI 1D chart . As we can see, the price has been showing a trend line support and moving also in the symmetrical triangle.
Now its time to wait and hold it
Definitely one to keep an eye on .
The best entry at Support level @9.88, also on trend support and after breakout and retest.
Targ ets
1 12.370$
2 14.266$
3 16.780$
4 18.915$
MAX PROFIT TARGET AT 22.55$
IF YOU LIKE THIS SHOW SOME LIKE AND FOLLOW THAT WILL ENCOURAGE ME
THANK YOU
SUSHIUSDT 1H - Above all EMAs on lower time frame - Back to 13$On the lower time frames SUSHI is above the EMAs where as long as it can stay above them then it will continue to rise. If it falls below then you know the deal. Also the pattern of the EMAs is curving up also which is a good indication of at least. short term bullish momentum. Not financial advice.
Sushi to the Mooni - Probably Q1 2022 Unless we go ParabolicGary, now I know I was wrong
I messed up, and now you're gone
Gary, I'm sorry I neglected you
Oh, I never expected you to run away and leave me
Feeling this empty
Your meow right now would sound like music to me
Please come home, 'cause I miss you, Gary
Gary, come home
(Gary, come home)
SUSHIUSD - Idea Update - Breaking Out + Higher LowsUpdate to a previous SUSHI idea I posted, this is just a continuation of it. Sushi is back testing its breakout if it can sustain this then it will surely rise other wise go to support levels and try again to break out. This is not financial advice.
SUSHI:USD huge potential to rise!SUSHI is one of the good potential assets in the market.
As the market raised great, in following the road of the altcoin market SUSHI can start its road soon.
Based on history:
SUSHI experienced great pomp to around 23 USD in the first of the year, then we saw the big correction to around 6 USD as bitcoin huge correction.
But now SUSHI made a good support level around 6 USD and according to the fibo retracement for correction, there is some level which SUSHI should break to reach the target point 1 and then 2.
SUSHI breaks its correction channel and it is in the range channel, so:
long term: it's time to buy!!!!
short term: it can have a tiny correction and then pomping so be careful.
Will Sushi make a big comeback in early 2022?Sushiswap is another great project. Recently joined Celo, Aave, Curve and more in DeFi for the People . This is the direction I want for crypto, for it to be accessible for everyone, including those who don't understand the tech behind it. Celo and Sushi will make a big push in 2022.
Looking at the technicals SUSHI had some trouble after the last big pump when it unfortunately failed to take a new ATH. Following the pump came a big fall with a double bottom before a new push to breakout of the falling trend.
Another fall and steady reversal for more than a month now we're closing in on another test.
Price target before the year ends: 16.140
Price target January: A TH 23.4
Stop loss somewhere around 10.50 . What I usually do is to move up the stop loss once we hit the first price target.
How do you feel about sushi? Are you more of a sashimi person or do you think Sushiswap could make a big comeback?