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Sushiswap

SUSHI/USDT Had a Good Run So Far | 👀🚀 What's Next?💎 Paradisers, focus on SUSHIUSDT, as it's currently exhibiting a compelling market trend. The asset is showing signs of a potential bullish move from a key support level. 💎 Recently, SushiSwap faced a hurdle at the $1.49 resistance level. If SUSHI can maintain its ground at the critical support level of $1.04, there's a considerable likelihood that we could see a continuation of its bullish trend. This positive view is bolstered by SUSHI's strong showing above the EMA, indicating the potential for continued upward movement from this level. 💎 On the other hand, if SUSHI finds it challenging to hold its position at the $1.04 support, a strategic reassessment might be in order. In such a case, we might need to anticipate a bullish movement initiating from a lower demand zone. 💎 Stay vigilant and prepared, Paradisers. Your ParadiseTeam is here to provide key market insights, assisting you in navigating these trends and ensuring your trading choices are both well-informed and tactically sound.
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by MyCryptoParadise_Simon
1
#SUSHI/USDT#SUSHI The bearish pattern on a 3-day frame was breached The price rushed strongly, heading to the first target at the price of 0.869, touching the moving average of 100. It is expected that the price will rebound with a correction from the first target and then continue rising to the second target of 1.170 This represents 100% of the penetration price This is supported by significant buying momentum and an upward trend Please note that moving average 100 will give an upward push to the price once it is breached
Long
by CryptoAnalystSignal
3
Sushi Gets swappedGov intervention could cause some problems for the world that we want while they send the blood dollar off around the world and are allowing things like the Clinton Foundation/ Bill Gates out there to help you. I am happy and not going to kill myself FYI. Can we get the pump needed or does the system take over our system after the ETF??? I will stay Bearishly optimistic kinda... Be safe, have fun and go enjoy the fall! NONE OF MY WORK IS FINANCIAL ADVICE!!
COINBASE:SUSHIUSD
by Polarbearman
SushiSwap Analysis Bullish Momentum 🍣 SushiSwap Analysis: Bullish Momentum Building with Strong Accumulation Signals 📈 SushiSwap enthusiasts, it's time to take a closer look at the charts! 🚀 📊 Technical Analysis: The 20, 50, and 200 Exponential Moving Averages (EMAs) are signaling a promising phase for SushiSwap on the daily charts. The convergence of these key indicators suggests a potential accumulation phase orchestrated by big money players. 📈 Bullish Momentum: The 20 EMA, being the most sensitive to short-term price movements, is now crossing above the 50 EMA. This golden crossover is a classic bullish signal, indicating a shift in momentum. Furthermore, the 200 EMA, representing a longer-term trend, is acting as a crucial support level. 🤑 Accumulation Phase by Big Money: The alignment of these EMAs suggests that institutional investors and whales might be accumulating SushiSwap at these levels. This strategic move by big players often precedes significant upward price movements. As daily candles show consistent strength, it adds credibility to the notion that smart money is positioning itself for a potential bull run. 🔍 What to Watch For: Keep an eye on the daily candle closes; sustained bullish candles reinforce the strength of the current trend. Monitor for any upcoming announcements or developments within the SushiSwap ecosystem, as they can further fuel the bullish sentiment. 🚨 Risk Disclaimer: While the technicals are favorable, always conduct thorough research and consider your risk tolerance before making any investment decisions. 📌 Conclusion: SushiSwap is currently exhibiting strong signals of a bullish accumulation phase. The alignment of the 20, 50, and 200 EMAs on the daily charts, coupled with robust daily candle patterns, indicates a potential surge in the near future. As always, stay informed and trade responsibly! Disclaimer: This is not financial advice. Always do your own research before making any investment decisions. Cryptocurrency markets can be highly volatile. 🍣🚀 #SushiSwap #CryptoAnalysis #BullishSignals #Cryptocurrency
Long
by LegacyTrendX
1
SUSHI/USDT Ready For Bullish Rally? 💎Paradisers, brace yourselves! SUSHI/USDT is on the brink of a bullish eruption, ready to break free from its descending channel and embark on an upward spree. 💎Lately, SUSHI has been hovering near a pivotal support zone. Coupled with an uptick in trading volume, we're bullish about an imminent upswing. 💎After initially reaching equal highs, SUSHI experienced a significant drop, indicating a change in market mood and extending its bearish trajectory. 💎Nonetheless, signs of bullish momentum are beginning to re-emerge, and we anticipate the price will target the overhead supply zone in the near future. 💎Heads up: Should the price dip below the support level due to market volatility, be prepared for a possible bearish pivot. 💎Stay locked in for more timely updates!
Long
by MyCryptoParadise_Simon
BULLISH ON THIS FTM TWO-YEAR APEXIn this chart of BINANCE:FTMUSDT , we saw an apex pattern and I would consider bullishness for this coin because of these factors: Triangle and its past. The specific pattern shown is a descending triangle from its prior uptrend movement from a daily and weekly timeframe, indicating a higher chance of a resistance breakout. Respecting the elderly. In terms of the seniority, the current resistance line is formed in January 2022 while the support is two years old and six months older. In my trading experience, the old will have the "firmness" and conviction. I also posted this on my past idea of this two-year support, true enough the market respected it. Take note, price rejection can happen, plot your support lines on an hourly perspective as possible. I would add more goodies in the comments down below. Always PLAN your trades and happy trading!
Long
by luigi360swirl
4
Sushi longI think Sushi from now will start climbing. If October, will be Uptober we will soon see a very good entry point for Sushi... If Sushi breaks the trendline and we see some confirmation and some volume coming in - I think it could be a good time for a buy. I see Sushi at 0.8 (about 30% profit) as the next target. I think a 1:1 risk/reward ratio play look good for a spot trade. Even leverage on small time frame could be great play if Sushi pops and get some momentum from breaking the trendline.
Long
by TaTaTaCrypto
SushiSwap $1 move?👀 SUSHIUSDT Today Analysis 💎 Sushi USDT is primed for an impressive move, currently trading in a demand area and setting the stage for a bullish trend. 💎 It's maintaining strong momentum above the EMA 50, having successfully closed one daily candle above it, which further strengthens the bullish outlook. 💎 Above, there's a supply zone that the price is expected to reach, grab liquidity, and mitigate. 💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Long
by MyCryptoParadise_Simon
Potential Falling Wedge Pattern Formation on $SUSHI/USDT Chart#SUSHI #DEFI #FallingWedge #PatternFormation #TradingView Hello traders! 👋 I wanted to share an interesting chart observation I made on the $SUSHI/ AMEX:DEFI pair. It appears that a potential falling wedge pattern is forming, which could indicate a bullish reversal in the near future. Let's dive into the details! 1️⃣ Falling Wedge Formation: The price action on the $SUSHI/ AMEX:DEFI chart shows a series of lower highs and lower lows, converging between two trend lines. This pattern is commonly known as a falling wedge, characterized by a contracting range. Falling wedges are often considered bullish reversal patterns. 2️⃣ Volume Analysis: Volume plays a crucial role in confirming patterns. Ideally, we would like to see declining volume as the wedge develops, followed by an increase in volume upon breakout. This could indicate a strong buying interest that could potentially propel the price higher. 3️⃣ Resistance and Support Levels: The upper resistance trend line and lower support trend line are important areas to monitor. A break above the resistance line, accompanied by a surge in volume, may suggest a bullish breakout. Conversely, a breakdown below the support line could invalidate the pattern. 4️⃣ Price Target and Stop Loss: If the falling wedge pattern confirms, a common technique to estimate the potential target is to measure the distance between the widest part of the wedge and add it to the breakout point. As for stop loss placement, it is often set below the support line to limit potential losses. Keep in mind that technical patterns are not foolproof and should be combined with other forms of analysis, such as fundamental research and market sentiment, before making trading decisions. To summarize, the $SUSHI/ AMEX:DEFI pair is exhibiting a potential falling wedge pattern, which suggests a bullish reversal might be on the horizon. However, confirmation is required through a breakout above the upper resistance trend line and a surge in volume. Traders should exercise caution and consider utilizing proper risk management strategies. What are your thoughts on this pattern? Share your insights below! Remember to do your own analysis and consult with financial professionals before making any investment decisions. #SUSHI #DEFI #FallingWedge #PatternFormation #BullishReversal #TradingAnalysis #TechnicalAnalysis #Cryptocurrency #TradingView
Long
by STP_MrNodeItAll
Sushiswap is a promising project for a bull cycleSushiswap , a decentralized exchange that appeared in the first era of DeFi sector development, is a fork of Uniswap. The project has gained popularity through the release of its native SUSHI token and the attraction of active Uniswap users. In early May, Sushiswap launched the ability to launch concentrated liquidity pools (CLP) that offer a number of advantages over traditional liquidity pools. Some of the benefits of CLPs are: Increased profitability for pool participants: in a CLP, liquidity is concentrated around a certain price range, allowing participants to get more profitability when trading tokens. Reduced gas costs: In a CLP, transactions can be executed faster and with lower gas costs because the prices of tokens in the pool remain stable. Greater efficiency: CLPs allow you to create pools of liquidity with greater efficiency because participants can get more return for their liquidity than in traditional pools. Faster and cheaper trading: due to a higher concentration of liquidity, trading tokens in a CLP can be faster and cheaper, providing a better trading environment. Due to this and Sushiswap's strategy of spreading to as many networks as possible, this could potentially increase the project's impact on the DEX segment. Sushiswap is currently the closest competitor to Uniswap in the key metrics of Price/Fees and Price/Earnings, which shows the soundness of the product and business. If we look at Sushiswap in terms of technical analysis and charts, we see that Sushi is currently trading in the price range of November 2020, if we look at the SUSHI/ETH pair which shows us the ratio of the asset to ETH, we see that since March 2021, Sushi has been in a long downtrend and has been losing the dominance for 2 years now at the lowest level. If we are sure that the current price movement is bullish and we came out of the bearish cycle, from the analysis of previous bullish cycles, we can set the basic levels for taking positions in SUSHI and expect the start of the alt season, when the project should show positive dynamics and win back the dominance lost from ETH. As a rule of thumb, a full-fledged alt-season begins at the end of a bull cycle about 600 days after the exit from a bear market. So readers, you definitely have time to read this article, DYOR and prepare for this stage as much as possible.
by Samura0x
11