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SUSHIUSD

SUSHI/USD - New ATH set - bullish still!SUSHI has set a new ATH today at $20.7. Impressive. There is a lot of strength behind SUSHI and this will not vanish any time soon. RSI on daily has been hovering above 50 for months - this is very bullish. There is no reason to be bearish on SUSHI at this time and until we break this ascending channel and drop on daily RSI under 50, I see no reason to be concerned. Today we got rejected from our ATH pretty quickly, mostly because BTC decided to take a break in its ascent. Nevertheless, after this correction is over and we touch our support line, we should push higher. We did hover in this range between $13 and $20 for some time now. So keep a close eye on how this will resolve. A breakout will likely trigger a significant reaction in price. Bias remains bullish for now. But watch BTC as it will set the tone. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
Long
by DU09
3
SUSHI/USD - Support held, ATH next? 🟢SUSHI has re-tested the ascending channel support level and it held well despite the significant drop in the overall market early this week. Now that we made this support, volume on this leg up has been sustained and looking good! The indicators are also bullish, MACD and RSI are raising nicely. Right now we have a resistance level just above price which I don't expect to hold us down for long as any further push will take price above it which will clear the path to re-test the ATH level again. My bias remains bullish for now or until we break this ascending channel which has held the price above it for over 4 months. Like and follow if you liked this idea! Also join my crypto community to stay in touch and watch my technical analysis videos on YouTube. :)
Long
by DU09
2
SUSHISWAP sushi usd back on track to $20 this month ?It might be late update but such a clear chart pattern for me : 1. A clear reverse head & shoulders pattern. 2. Already touch my support area couple days ago , my yellow line, & holding above 50 SMA line since 9feb. 2. MACD finally back to 0. considering healthy movement for back to bullish . Fundamental reasons: 1. Halving reward effect (math logic as #Bitcoin halving did) 2. BentoBox lending product incoming this month (hopefully) 3. New product on development called "MISO" (Minimal initial Sushiswap Offering) 4. ....Mark Cuban revealing his crypto investment, one of them is $SUSHI lol (reupload due to my ignorance of the house rules) -- !! That is my personal hope & observation nor financial advice. I am not self-claimed pro/wizard TA analysist lol. just documenting my own reasons of my investment & trading.
Long
by rafiirfan
1
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. Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
Long
by CryptoPatel
13
SUSHI/USD - Aiming for $14 then possible correctionSUSHI is quickly moving up towards $14 which I expect to give us some resistance and possible push us lower before the uptrend continues. SUSHI and UNI have continued to grow without interruption for over two months now. When will this bull run end? As long as this ascending channel is not broken, we're good to go higher. The indicators show we have a good chance to reach $14 before a cooldown can take place. Resistance and support on the chart. As long as this bullish momentum is maintained it is probably unlikely we will drop to $9 as bulls will aim to front buy SUSHI. On larger timeframes like daily/weekly we appear to be overbought on RSI, but MACD shows no reason to be concern as the momentum is strong and we continue to tick higher on the MACD histogram. Like and follow if you liked this idea!
Long
by DU09
2
SUSHI - 4h. Below $ 7 sellers will seize the initiative.The active growth trend, which began on December 30, 2020, does not leave the SUSHI market . In a certain fixation of the price above the mark of $2.4 gave all investors + 230% at the moment. On January 11 and 22, buyers showed a trend line that they are willing to keep to continue the growth trend . However, on January 24, the price of SUSHI failed to test the upper trend line of the growth channel and met with aggression from sellers. Buyers managed to test the mark of $10, but since then the initiative is in the sellers. The critical point for the continuation of the growth trend is at $7 . It was after the unsuccessful fixation of this mark in the period from 16 to 19 January that the correction in the SUSHI market began. In addition, the lower trend line of the growth channel passes near this mark. If sellers manage to break this mark - the price will quickly drop to $6.23. To continue the growth trend, in addition to keeping the $7 mark, buyers need to hold above $8.6. These marks must be taken into account for the distribution of the deposit (if you are interested in this coin). ________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
8