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Sushiswap

SUSHI on the way to $23Since the end of April SUSHI has been trending up after it crossed back above the Bull-Market Support Band. SUSHI has consistently made higher highs and higher lows. However, it is currently bumping up against a zone that it has been rejected at many times before. Even in the time when SHSHI crossed over it failed to make the old resistance into support. If it breaks above again will this time be different? Last time SUSHI fell below the area of resistance was the exact time that BTC went from 60k down to 50k. Everything else was pretty much the same; SUSHI was in an uptrend, the RSI was making higher lows, etc. So, it seems that SUSHI is not one of those rare coins that moves independently from BTC. Therefore, as long as BTC holds, or moves up, the conditions to put SUSHI back to at least $20, and probably $23 exist. I don't think $17 is the best entry as it looks over extended in the very short term. If it falls between $15-16 I am getting in on the move back up. Thank you for reading and please like, comment, and follow! Trade at your own risk.
Long
by zsamochin
Great buy opportunity in SUSHI🚀Hello guys As we can see price price brokeout from an Ascending triangle and now forming Falling wedge which is a Bullish indication if it breaks it. - Wait for the Candle closure above the wedge or buy at retest of the Ascending triangle. - Put your Stop Loss below the breakout candle or green support area. - Take Profit: 1- $17.70 2- $20.85 or Trail it with a Trailing SL. If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! . . . . . . . . . . . . . . And do follow me on Twitter for EXCLUSIVE Market updates: @mywealthstory Your Support is very much 🙏 appreciated! Happy Trading
Long
by mywealthstory
2
SUSHI/USD possible breakout incomingOther DEX's are running; see UNISWAP. Expecting a small pullback if ETH and BTC retrace a bit after the weekend run-up. SUSHI has some support levels at ~12.60 and ~13.60. I'm laddering into SUSHI in 2 tranches: 50% at spot price now, and another 50% at one of the support levels. Planning on taking back my cost basis as it runs up to the short-term price target and I'll sell off a 100% cost basis at the longer price target. PT Short Term: $20 - $22 PT Long Term: $28-$30 End result: Moon bag of SUSHI.
COINBASE:SUSHIUSDLong
by josheche
SUSHI FUNDAMENTAL DRIVER! (Hopefully UP AGAIN!) YumHello there! Don't mind my weird drawings again 🤪 We have seen a BREAKUP⏫ from an important resistance-zone at ~14.3, that was built up over the last month or so.. Nice!! SUSHI-SWAP, along with a few other tokens, was just listed TODAY on GEMINI exchange(Number 1 trusted crypto exchange as some say).. 🆗👏👏👏💲🏁🏁🤩 IMO we have seen one H&S ( as drawn XD) above, and now we are entering our second H&S for a nice upswing to our best case scenario target at approximately 💲18.5 dollars through mid MAY 📆📌📅 This could make for a NICE bull run!🍤🐮🍣⏫ Let's take a look at SUSHI fundamentals from previous idea before you are convinced SUSHISWAP go LONG 🏁🏁 👇👇 What is SUSHI🍣? -It is a decentralized exchange (DEX), that was created to expand on the ideas of UNIs vision. SUSHI believes in straying away from KYC , less KYC = less control. This is what we want going into 2021 am I right🤔😄💙?!! -SUSHI is inflationary, meaning eventually the value of holding a SUSHI will not be as great as it may have been years🕘 ago.. - However, since this token is still just getting started, and has not even come close to reaching its coin market cap, we have a long way to go and much potential profits🤞💲, to be made. -🍣SWAP runs off of liquidity pools, and also they use AMMs (Automated market makers), meaning investors earn the token from depositing ETH into SUSHI's liquidity pool.💲🤞🌊💧 -SUSHI was founded just last year AUG 2020, and started strong. Shortly after the kickoff ⚽🏃‍♂️, the original founder🐼 decided to withdrawal 14 Million 💲 in September of 2020. Now, in April 2021, not only has SUSHI 🍣 fully recovered😄, we have reached a new ATH! WOW👏. SUSHI now has new leaders, and is going strong, teaming up with POLKA DOT creating a cross-chain DEX, among other networks SUSHI is getting involved in, so that it can keep going strong💪. Swap has great potential into 2021. Since COINBASE is about to go public, more independent, tokens such as SUSHI🍣 are going to be the shining stars⭐🌟, of the decentralized finance (DEFI)📲💲, world🌎😄! Remember, SUSHI is run through ETH, so they will be correlational to a certain degree. Invest wisely! The market is very volatile and can be dangerous.. Always have a stop loss ✋🛑, set. Any questions🤔, thoughts💡💭, happy😃, sad😢 like or dislike 👍👎 in comments below! Thank you so much! 🛑🛑🛑This is not financial advice🛑🛑🛑 Always have a stop loss ✋🛑💲 set please!!!!! Thank you so much! Jazerbay ☯
Long
by jazerbay
15
SUSHI-SWAP-USDT SHORTHello traders and investors!!😃🖐 Come take a little journey with me and look at SUSHI-SWAP recent activity! ⏬⏬ In a previous idea we went in-depth exploring the fundamentals of SUSHI-SWAP. To recollect some main points... I think🤔🍣 very strong token💪 -It is relatively new👶 - SUSHI has teamed up with Polka-DOT🟣 to create a cross-chain🔗⛓ DEX🌏💲📱. -ETH owners can earn 🍣 for free by depositing ETH into SUSHI's liquidity pool. Those are just a few things.. 1️⃣2️⃣3️⃣ amongst many that give high utility to 🍣. Despite this token being fundamentally strong, I do expect to see some more downfall⏬ as we are in a slightly🤏 bearish market🐻. SUSHI-SWAP seems to have broken❎🔽 a strong support❗, we had at ~$14.3, since then we have seen some major downward movement. After our recent downward move from 💲14.1 to 💲10 😬 ( yikes that's a big jump for just a few days🏳🆘,) we have seen a 30% fib retracement upwards🆙.. That means SUSHI 🍣 can now make a move🏃‍♀️🤸‍♂️ down 60% or more. In that case, I have detailed some targets that I believe we have the possibility to see in the next couple of days🌞🌚⏰ As drawn out💹, I am looking for a double bottom to our target number 1️⃣ at💲 $9.9, after that we just continue to monitor🧐 SUSHI🍣 activity and wait for the next impulsive move🌊!! 🛑🛑🛑This is not financial advice, always have a stop🤚🛑💲 loss set⏩⏩ (Here would be ~💲12.0,) 🛑🛑🛑 It is a good idea to always monitor 🧐👀 BTCs movement when making any trade SUSHI-SWAP is correlational to ETH as well so keep that in mind 🙂 Any thoughts 💭🤯, questions 🖐❓🙋‍♂️🙋‍♀️, happy😃, sad😥, like👍 or dislike 👎 welcome in comments below!👇😄 Jazerbay 💗
Short
by jazerbay
25