SUSHIUSD - Long - Ascending triangleOn the chart we can see a ascending triangle appearing. An ascending triangle is a bullish pattern. Enter the trade once the price breaks out to the upside.
Beside the pattern we can see that the RSI is picking up more and more momentum. So the pattern combined with the increasing momentum it´s likely that the price will go up.
All the details are shown on the chart.
Goodluck!
SUSHIUSD
SUSHIUSDT 50 % drop likely - BewareSushi remains in the long-term downtrend and looks as bad as many other altcoins.
In this case we also expect 50 % drop.
The price already broke below the upsloping support line and is retesting it as a resistance.
- We expect the rejection and continuation to the downside.
- Even if the price manage to pump above the upsloping line that should be acting as a resistance now, there´s still the major downsloping resitance line where we expect the rejection and downtrend continuation.
- Retesting all time lows is likely as long as the trend remains bearish but there´s also support at 0,60$ which would be approx. 50 % drop.
- To become bullish the price has to break above the downsloping resistance line which is less likely in our opinion especially that BTC.D is expected to bounce from its key support.
Good luck
SUSHI has a very bullish setup imoDidnt post crypto charts for a while.
This is one of my favorite coins together with QUICK, ADA, MATIC, FLUX, ETC and big once like BNB and ETH
Im holding for this to give me 5-10x to exit
I dont think crypto will bottom till sometime next year, so any good and quick pump here will make me exit half (especially if it hits the lower bottom of my target
#SUSHI/BTC 17x potential in the long RUN. SUSHI has broken out the long-term resistance.
I have already posted PYR and planning to post more if I get a good response.
SUSHI will be a game-changing investment for any trader in the next bull run both from a fundamental and technical perspective.
Best Entry:- My plan is to accumulate on spot.
No futures or leverage.
$1.2 to $1.55, Not touching the current market price.
Target:- Observe the chart, The price is likely to make a new ATH above $22+...
SL: $1.08 I would not put any SL for now since I am accumulating on Spot I will DCA.
*Not Financial Advice, dDYOR
If you want me to post, do hit the like button and share your views in the comment section.
Thank you
#PEACE
🍣SUSHISWAP price. Is it time "to taste" SUSHI again?🥢Today we will consider the trading pair SUSHIUSDT on the daily timeframe and tell you why this chart has attracted our attention.
During the DeFi boom of 2020-21, the SUSHISWAP protocol was quite popular and was always in the top 10 in terms of TVL. The maximum locked amount of pledged assets in the SUSHI protocol reached $7 billion, which was about 4% of the total TVL of the DeFi sector.
As of today, about $550mn is locked in the SUSHISWAP protocol, which is about 1% of the total TVL of the DeFi sector.
In principle, this is not a bad result and the share of "influence" in the DeFi sector. If we take into account the fact that the price of the SUSHI token has decreased by -90-95% over the past year and depreciated by 13-15 times.
So why has this project attracted our attention now, you may ask? And we will answer:
1. Increased trading volumes that began to return to the SUSHIUSD trading pair, and accordingly, this is an increased interest of both buyers and sellers to the coin. There is interest in the coin, so the project is "alive" even after such a strong and long fall.
2. Buyers managed to break through and consolidate above the liquidity zone of $1.50-1.60 and this is on the daily time frame. For the last six months, this liquidity zone was a strong resistance and did not let the price go up.
3. Even the most modest assumption regarding the potential for SUSHIUSDT price growth to the range of $3-3.30 from current prices is x2. Moreover, it can still be growth within the downtrend, that is, the price will be below the red trend line.
Summarizing:
In our opinion, as long as the buyers of SUSHI manage to keep the price above the liquidity zone of $1.50-1.60, there is a good potential for the price to rise first to $2.30, and in the best situation to $3-3.30.
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SUSHI/USDT - LONG DAILY BYBIT -- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ SUSHI/USDT ⚡️⚡️
Exchange: ByBit USDT
Trade Type: Regular (Long)
Leverage: Cross (2.0X)
Active Trailing Entry Orders:
1) 1.792 - 32.971% (33.6352 USDT)
Entry Orders:
1) 1.713 - 0.0% ❌ (Merged)
2) 1.67 - 16.745%
3) 1.622 - 16.747%
4) 1.575 - 16.72%
5) 1.527 - 16.815%
Take-Profit Orders:
1) 2.137 - 75.0%
2) 2.449 - 20.0%
3) 2.938 - 5.0%
Stop-loss Orders:
1) 1.376 - 100.0%
Trailing Configuration:
Entry: Percentage (4.5%)
Stop: Percent Below Highest (5.0%) -
Trigger: Target (1)
Opened at 2022-10-30 15:48:15
Client: My-ByBit USDT
SUSHI - breaking levels SUSHI is putting in work -
- broken diagonal with retest
- s/r flip
- breached 1st local high, attempting to breach the next high
- momentum building
This one looks good, stay objective. No real clear invalidations that would provide a good entry, RR would be too risky for me to jump in.
Still looks good, target above if we continue!
V
Counting waves of SUSHIHello, dear traders, I hope you are doing well
I think Sushi has formed a diametric for the big C wave, which is now about to start the G wave. Sooner or later, eventually this wave will start and we will see a drop to the announced limits. I have such a view on this currency.
Comment if you have any questions
Thank You
Sink or Swim for Sushi 🎣 🍣 Sushi/USDT 1D
Sushi had/has some momentum building as of late but its running into resistance but has stalled out.
Sushi could be in a symmetrical triangle or descending triangle on how you view the highs and lows. Jump up to a higher time frame and it becomes more clear.
To the downside watch the previous pivot highs around $1.35 for a retest on a pull back which also coincides with the 100EMA. You want this to hold if you dont want to see the bottom of the pattern.
To the upside watch for a daily close above $1.62 on break out to the upside.
If you zoom out to the weekly the Sushi chart looks like straight garbage. This is not a coin I would hold long term but would be happy to take a swing trade on with a small position.
SUSHI - Double breakout! An extreme uptrend is coming!
Great news for the SUSHI altcoin, because a descending parallel channel and a symmetrical triangle are currently breaking out with elevated volume!
Congratulations to the bulls for this success, and SUSHI is now completely free to go up to my profit target.
Take profit at the 0.618 FIB + strong horizontal resistance, which is between 5.289 - 5.890 USDT. This is an extremely strong resistance, so you want to take profit here at all cost!
According to my Elliott Wave analysis, a huge impulse wave has been completed, so there is an amazing opportunity for a massive uptrend in the immediate short-term.
As you can clearly see, the last bullish candle looks like a dildo, which you really want to see!
I believe this coin can pump extremely hard. But there is also a possibility of a slow uptrend. Let's see what is going to happen.
It's definitely a tremendous opportunity right here right now for the SUSHI coin, so do not waste any time and do your own research or just press the BUY button!
I expect massive gains for selected altcoins. You can find them in the related section down below.
For more analysis, hit "Like" and "Follow"!
SUSHI the last resistance before FOMO kicks in SUSHI / USDT
SUSHI become one of first coins to break its major trendline resistance which could be a start of new bull cycle
But before we get excited there is last important resistance in my chart breaking it out with strong volume will complete the inverse H&S which is another bullish pattern then fomo will kicks in
Keep your eye in this coin !
❤️if you enjoy my long term analysis then dont forget to support my work so i will publish more ❤️
SUSHI hit targets again. 340% profits. What's next?Hello, dear TradingView members.
This is a SUSHI idea.
Once more, we opened our positions on SUN around the $1.087 area, which was a solid support level and a great buy/long opportunity.
So far, we have made about 34% (340% with a 10x leverage) profit, and it's safer and more logical to close all positions now. Do not FOMO.
If you're a risk taker, you can wait for the solid resistance and close your positions, but don't forget to use local resistance as your SL.
As you can see on the chart, this coin has reached 2 levels of resistance on the hourly and daily timeframes based on the Fibonacci retracement.
There are three support levels on the way down, which will let us open more long positions when we get more confirmation. But for now, we should wait and see.
RSI is overbought, and the price has more room to go down.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
SUSHI - Huge breakout! A new uptrend is starting right now!
Great news for the SUSHI altcoin, because the descending parallel channel is currently breaking out with an elevated volume!
Congratulations to the bulls for this success, and SUSHI is now completely free to go up to my profit target.
Take profit at the 0.618 FIB + strong horizontal resistance, which is between 5.289 - 5.890 USDT. This is an extremely strong resistance, so you want to take profit here at all cost!
According to my Elliott Wave analysis, a huge impulse wave has been completed, so there is an amazing opportunity for a massive pump in the immediate short-term.
As you can clearly see, the last bullish candle looks like a dildo, which you really want to see!
I believe this coin can pump extremely hard. But there is also a possibility of a slow uptrend. Let's see what is going to happen.
It's definitely a tremendous opportunity right here right now for the SUSHI coin, so do not waste any time and do your own research or just press the BUY button!
I expect massive gains for selected altcoins. You can find them in the related section down below.
For more analysis, hit "Like" and "Follow"!
SUSHI pumped 13%. What's next?Hello, dear TradingView members.
This is a SUSHI idea.
SUSHI pumped about 16% today and made it to the top gainers' list.
Right now, it is rejected by the upper Bollinger Band and the local resistance area.
The resistance level on the chart is substantial since it used to be SUSHI's support level for a long while.
Two support levels are on the way down, holding the price up for now.
Scenario One:
The price will consolidate sideways near support and back up to retest the resistance levels.
Scenario Two:
The price move near the resistance level and gets rejected down on lower support levels.
RSI is oversold, and the price has more room to go down.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.