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.
SUSHIUSD
SUSHI/USDT - Bullish continuation before further correctionSushi tested the diagonal support during the BTC drop and now it is in a bullish move and may re-test the local top at $1.7.
We also formed an inverted head and shoulder structure, which if broken above the neckline (in orange), Sushi will push higher. That is a good entry for a short time long.
However, watch BTC. Any move higher in alts can be reversed if BTC falls further.
If we arrive at $1.7 level we may correct again to form an ascending triangle, once we break above, higher targets become valid.
Sushi Long Trade 20201112Symbol: SUSHIUSDTP, SUSHIUSDT
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern PRO
Timeframes: 15M -12H
Signal: Red ->Green
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DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Trade closed manually: Closed when the above ribbons turns Yellow or Red.
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/USDT (Bearish Pattern?)💎Technical Analysis Summary💎
BINANCE: SUSHIUSDT
-SUSHI is retesting key support area at around 1.2-1.1s dollars
-This is a crucial point for the Bulls to keep the consolidating in the range
-If the Bulls want to keep the potential reversal in the midterm
-They must protect his important level of support
-My advice is to wait for proper breakout confirmation
-If you are looking for a Buy position, wait for the trendline break
-The targets can reach up to 2.5 dollars or higher
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Not Financial Advice
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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.
SUSHI/BTC (Broke Bearish, Retest Swing Low?)BINANCE: SUSHIBTC
-SUSHI broke bearish, failing to hold the key support at 2129 sat
-The trading priority is downward and the target below is the Swing Low at 1132 sat
-If you are looking for a Buy position, wait for the key area to be tested
-Or until the red trendline resistance is broken to the upside
-SUSHI may take 1-2 weeks before we may see a potential trend change or pattern to build-up
-So please don't try to rush in, wait for proper confirmation or good buyback zone
``````````````````````````````````````````````
Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
``````````````````````````````````````````````
SUSHISUSHI IS RIGHT NOW IN POSITIVE SIDE OF TRADE.ITS RALLY WILL BE AWESOME IF IT REMAINS UPSIDE TO TRENDLINE.BUT BREAKING BELOW TRENDLINE WILL FALL IN -VE SIDE LEADING TO NEWEST LOW.RIGHT NOW,ITS ALL BITCOIN MOVE MATTERS.TRADE WITH STRICT STOP LOSS. WITH 1 MONTH VOLATILITY CHART,BITCOIN IS TRADING WITH LOWEST VOLATALITY WHICH MEANS,IT WILL GO LONG FROM HERE.ITS ALSO A POSITIVE SIGN FOR SUSHI GROWTH.