SUSHIUSD - Idea Update - Breaking Out + Higher LowsUpdate to a previous SUSHI idea I posted, this is just a continuation of it. Sushi is back testing its breakout if it can sustain this then it will surely rise other wise go to support levels and try again to break out. This is not financial advice.
SUSHIUSD
SUSHI:USD huge potential to rise!SUSHI is one of the good potential assets in the market.
As the market raised great, in following the road of the altcoin market SUSHI can start its road soon.
Based on history:
SUSHI experienced great pomp to around 23 USD in the first of the year, then we saw the big correction to around 6 USD as bitcoin huge correction.
But now SUSHI made a good support level around 6 USD and according to the fibo retracement for correction, there is some level which SUSHI should break to reach the target point 1 and then 2.
SUSHI breaks its correction channel and it is in the range channel, so:
long term: it's time to buy!!!!
short term: it can have a tiny correction and then pomping so be careful.
✴️ SUSHI/USDTOn a daily timeframe, SUSHI tries to get out of the static and dynamic resistance areas. If it can be stabilized on top of this area and the Ichimoku red cloud, it is ready to reach the targets of $17, and it is possible to get $21.
Targets of $29 and $44 are also expected in the medium-term, depending on market conditions.
Sushi- to break above 12?October was not such a great month for Sushi, with the price trading in a range between 10 and 12.
However, we can see that 10 is very well supported by bulls and the coin seems to press into resistance.
In my opinion, this resistance will fall and the road is clear to 16 resistance.
Buy dips is my strategy for this coin and only a break under 10 would change my bullish opinion
SUSHIUSDT - Buy when this flag confirmedBYBIT:SUSHIUSDT
1H trend chart
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SUSHI is building a short-term bull flag .
Now it just broke it out in 1H chart.
If price can keep being here without long upper shadow line, trading strategy as below.
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Profit Targets:
a) 11.88----Fib(1)
b) 12.483~12.727---Fib(1.272~1.382)
c) 13.251-----Fib(1.618)
Stop losses:
a) 10.239----Red horizontal ray
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SUSHI/USDT 1700% Potential from here So I Am Accumulating#SUSHI/USDT Exclusive update:-
$SUSHI looking very good at this level.
I am Buying here for Huge profit.
Entry:- $10.85-$11.50
Targets:- $23.50 ( Short Term )
Long Term :- $195
$SUSHI 1700% Potential from here.
Support:- $9.665/$6
Resistance:- $14
Above $14 #SUSHI will be skyrocket.
Sushiswap: Good Chart, Dicey TechnicalsHey everyone,
So Sushiswap I entered to take advantage of this giant W pattern on the weekly, which should retain the 0.618 fib level and teleport to $16.74; current gain of 64%.
The technicals though look bleak, with 0xMaki leaving his leadership position of Sushiswap, the man who took Sushiswap from a rug pull to a real Uniswap competitor, I think alone has dissuaded a lot of retail investors.
There also is a second issue of a “$1b bug” which a white hat hacker gave to Sushiswap, only to be rejected by the devs.
There was the Miso hack of $3m dollars as well, although fault of the auction contract, still reflects on Sushiswap.
I also am not a fan of the $12.6M given to Celo for liquidity provider rewards, but that’s a small amount given Sushi’s TVL.
Sushi does have some very strong attributes going for it. With Arbitrum and Optimism being the clear next goldmine in crypto (L2), Sushiswap was one of the front runners on Arbitrum, which as we’ve seen with DyDx, L2 can bring a lot of money upstream, fast.
MISO has grown into a very lucrative and successful launchpad, with many launches of successful projects under its belt.
Sushiswap also has been the clear winner in the AMM arena in going multi chain, but very obviously has slowed this effort down and lost on a lot of revenue with its lack of support for AVAX and SOL. With JOE on AVAX gaining huge value and being nothing more than a Sushiswap fork, this was a clear loss on Sushiswap’s part.
Point being, chart looks good, but is this bad news and lack of fast innovation Sushiswap used to be known for the reasoning behind it falling behind the pack?
SUSHI - is going to break this resistance 😱😱SUSHI approaches a key level. With price forming higher lows and squeezing, this is a good signal for a breakout and continued gains.
Buy after a breakout or retest.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
(UPDATE) SUSHI has confirmed a Bullish Run Up to 13$!Hi every one
SUSHI/USDT
This is an Update on the last analysis on SUSHI! as you can see the bullish Break out has happened so It is safe to say that It can reach 13$(as much as the measured price movement!) The Price might wanna Do a Pullback Before ascending Further!
Previous Analysis:
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
(Update) Sushi is ready to Ascend!Hi every one
SUSHI/USDT
SUSHI has broken out of the falling wedge strongly so there is a great chance that the price would Increase at least to the top of the Wedge pattern once again! there is a high chance for a Great bull run from this point!
Previous Analysis
Thank you for seeing idea .
Have a nice day and Good luck
SUSHI on the verge of 7 and 13$ !Hi every one
SUSHI/USDT
SUSHI has formed a Symmetrical Triangle! this pattern Can Increase or Decrease the Price of SUSHI depending on the Break out which is gonna happen soon! but there is also a bearish sign visible on MACD! as you can see there is a chance that a Bearish Cross happens on MACD.(MACD line is about to cross The Signal Line Downwardly.)
This can mean the chance of seeing SUSHI at 7$ is Higher than Seeing it at 13$! But only time can tell what is gonna happen.
Summery:
-SUSHI's Symmetrical Triangle can Increase or Decrease the Price!
-Bearish Cross on MACD!
-higher chance to reach 7$ than 13$.
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck