Sushiusdt
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Sushiswap Sushi price analysis🍣 Fresh CRYPTOCAP:SUSHI has been brought to the market, but you need to buy it at a good price and more on that later!)
Only the 4th time, for the first time in 2.5 years, OKX:SUSHIUSDT price managed to break above $2
1️⃣Now the main thing is to wait for confirmation of the breakout and the strength of buyers. That is, we need to wait for the price of the #Sushiswap token to firmly establish itself in the range of $1.50-2 and not fall below it.
2️⃣If this condition is met, the prospects for continued growth to $10 will open up, where selling one #Sushi will allow you to buy a whole roll set :)
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Sushi has reached my targetSushi has hit the target at the 3.618 Fibonacci level.
If you're in the trade, consider adjusting your stop loss to $2.239.
Should Sushi begin to retrace, it may find support around $2.05.
I remain bullish on Sushi, but we might see some downside or consolidation before it moves higher.
DYOR
SushiSwap (SUSHI)📊 SUSHI Analysis
🔹 General Overview:
SUSHI coin managed to break out of its descending channel from the top and reach its weekly timeframe resistance. This resistance could lead to a price correction. The RSI has entered the overbought zone, but another significant resistance still lies ahead.
🔹 Weekly Timeframe Analysis:
If the price manages to break the white weekly resistance zone, it could trigger a sharp move towards the Fibonacci targets:
1.618
2.618
3.618
🔹 Investment Recommendation:
✅ We recommend a laddered entry strategy for investing in this cryptocurrency:
One entry at the current market price.
Another entry if the price corrects downward.
A final entry if the weekly resistance is broken.
🔹 Long-Term Outlook:
Given SUSHI's functionality and low market cap, it has the potential to revisit its previous all-time high. However, gradual profit-taking in the red zones is essential.
🔹 Additional Notes:
1️⃣ Volume Analysis:
An increase in trading volume near the weekly resistance could indicate strong buying pressure. If the breakout is accompanied by high volume, the likelihood of a sharp move increases.
2️⃣ Price Behavior During Correction:
During a correction, observe whether the price drops slowly with low volume or quickly with high volume. A slow correction often signals accumulation by buyers.
3️⃣ Impact of Overall Market (BTC & ETH):
The general market condition, especially Bitcoin and Ethereum trends, heavily influence smaller coins like SUSHI. Ensure the overall market trend is positive.
4️⃣ Timing Investments:
Given the likelihood of a correction near resistance, avoid rushing in. The proposed laddered entry strategy can help mitigate risks.
5️⃣ Monitoring SUSHI's Fundamentals:
Stay updated on SUSHI’s protocol upgrades, new partnerships, or management changes, as these can significantly influence price trends.
💡 Conclusion:
Stay in the game with proper risk and capital management.
#SUSHI/USDT#SUSHI
We have a bearish channel pattern on a 12-hour frame, the price moves within it, adheres to its limits well, and is expected to break it upwards strongly.
We have a support area at the lower border of the channel at $0.800 from which the price rebounded
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that is about to break higher, supporting the price higher
Entry price is 1.10
The first goal is 1.44
The second goal is 1.78
the third goal is 2.20
SUSHIUSDT Reversing from Major SupportSUSHIUSDT technical analysis update
SUSHI's price touched its major yearly support level this week, a zone it has bounced back from multiple times over the last four years. We can expect a bounce from this support level again.
Stop Loss: $0.45
Target :100%-300%
regards
Hexa
SUSHI ROADMAP (1D)From where we placed the red arrow on the chart, it seems that the SUSHI correction has started.
Sahih seems to be a diametric that we are now at the beginning of wave E. Wave E is bullish.
It can move towards the targets on the chart while maintaining the green range.
The targets are listed on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SUSHISWAP - On All Time Low SupportAnother coin that I have been keeping an eye on for some time is SUSHI, the risk reward is excellent as in very few other cases, the most important reversal point is about 20x from the current price, considering that it is one of the most important DEXs in the industry I think it is an excellent investment for the near future.
#SUSHIUSD 1 DAYSUSHIUSD 1-Day Analysis: Uptrend & Buy Opportunity
The SUSHIUSD pair is currently showing a robust upward trend on the daily chart, indicating strong bullish momentum. Recent price action suggests a solid support level has formed, providing a favorable entry point for potential buyers. Key indicators, including moving averages and RSI, further reinforce the uptrend, signaling increasing buying interest.
Market sentiment appears positive, driven by recent developments in the DeFi space and increased user engagement on the SushiSwap platform. This favorable environment presents a compelling buy opportunity for traders looking to capitalize on potential price appreciation.
As always, it’s crucial to consider risk management strategies and stay updated on market news to make informed decisions.
SUSHI (Crypto SUSHISWAP-USD) SELL TF H1 TP = 0.5175On the H1 chart the trend started on Aug. 27 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.5175
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
SUSHI (Crypto SUSHISWAP-USD) BUY TF H4 TP = 0.7142On the H4 chart the trend started on Aug. 07 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.7142
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
Trade Setup: SUSHI Long PositionMarket Context:
CRYPTOCAP:SUSHI has reclaimed a key support zone at $0.548 and held above it for the past week, indicating strong acceptance. A potential break of the current trend could offer a medium-term trade opportunity.
Trade Setup:
Entry: Ladder into the position between $0.57 and $0.60.
Take Profit:
First target: $0.73
Second target: $0.86
Third target: $0.965
Stop Loss: Daily close below $0.495.
📊 This setup offers a favorable risk-reward ratio. Keep an eye on price action and adjust your position as needed. #SUSHI #CryptoTrading #RiskManagement 🎯
SushiSwap Analysis & Profit TargetsSo SushiSwap is a good overall coin, also with XSushi Staking Program, the project is going the right direction at this current time.
Analysis suggests that we are at support, the reward vs the risk is very rewarding.
In the next bull run it can go up to 20$ or even more.
It's possible as long as the project and the developers go in the right direction with the project.
However, it's possible.
The profit targets are the fib levels, trailing the take profits is a good idea as well.
Do Your Own Research, This is not Financial Advice
Crypto Shadow
SUSHI LONG📊📊📊📊📊
✉️ Pair: SUSHIUSDT
📈 Direction: Long
💯 Leverage: Cross 5X - 10X - 20X
📊 Entry 1: $0.5659
📊 Entry 2 (DCA): $0.5250
✅ Target 1: $0.7000
I recommend selling 20-30% of your position at this level.
✅ Target 2: $0.8000
Sell 20-30% of your position at this level, following the progressive exit strategy.
✅ Target 3: $0.9500
Sell 20-30% of your position at this level, considering the significant resistance.
✅ Target 4: $1.2000
Sell the remainder of your position at this level to maximize long-term gains.
⛔️ Stop Loss: $0.5090
Analysis: SUSHI is currently trading in a descending wedge and is approaching a key support level. The current price is $0.5667, and Entry 2 (DCA) is set at $0.5250 to take advantage of potential further declines.
If the price manages to break and confirm the descending resistance, it could signal a trend reversal and a bullish turnaround. The first entry is now adjusted to $0.5659, and the second entry (DCA) is set at $0.5250.
Targets are set as follows:
Target 1 ($0.7000): The first significant resistance level. Consider selling 20-30% of your position.
Target 2 ($0.8000): The next resistance level. Sell 20-30% of your position at this level.
Target 3 ($0.9500): Significant resistance. Sell 20-30% of your position at this level.
Target 4 ($1.2000): Long-term objective. Close the entire position at this level.
The stop loss is now placed at $0.5090 to limit risks in case of a drop below the major support level.
Technical Analysis: SUSHI/USDT by CryptorphicHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
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Now, let’s dive into this chart analysis:
SUSHI has been trading within a descending channel since its all-time high. It has been more than three years, and the price has not shown any significant bullish move.
SUSHI is currently in a long-term downtrend; however, it's approaching a historical support zone around $0.4730, indicating a potential reversal.
Although #SUSHI is under a descending triangle pattern, which is a bearish pattern, it should still respect the all-time low support and must rebound.
A breakout above the resistance trendline could lead to a significant bullish move. Will a 48x to 50x gain be possible? Not so soon, but it is possible.
Key Levels:
- All-Time Low Support: $0.4730.
- Resistance: $1.01.
- Invalidation Point: A close below the all-time low support.
DYOR, NFA.
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#PEACE
Replica ---- SUSHIThe consecutive days of decline have exhausted the bearish power. The short-term FUD brought by Mt. Gox is nearing an end, and the main focus of the crypto market will return to monetary policy. Although Powell will speak at a regular meeting these two days, Thursday's CPI data will determine the subsequent trend this month.
Today we will talk about a classic Dex, Sushiswap. In traditional industries, if one entrepreneurial company succeeds, there will be many following companies that will copy the model of the successful company. As the folk protocol of Uniswap, Sushi was comparable to Uniswap in terms of transaction size and token performance in the early times. However, after the DeFi summer and the crypto winter, Sushi did not innovate, but continued to imitate Uniswap, causing it to lose its second place. Whether it is TVL, 24h transaction volume or handling fees, they are all in the middle of Dex.
If you want to simply swap you might use uniswap, if you want to swap with the most selective path you might choose 1inch, if you want to swap memes you might use Raydium. So, why choose Sushi? I prefer to eat pancake better than sushi.
From the trend of SUSHI, we can find that in this ETF cycle, UNI's performance has been significantly due to SUSHI. This is after UNI received the Wells notification not long ago. It can also be seen from the indicators that after the TSB indicator prompted a SELL signal on July 4, SUSHI began a new decline. In the recent rebound, SUSHI performed worse than other tokens.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Sunday Market Calm: Bitcoin and SUSHI Insights🔍Let's dive into today's analysis. The market is quite range-bound and lacks volatility since it's Sunday and the trading volume is low. As usual, let's start with Bitcoin analysis:
👑 Bitcoin Analysis
1-Hour Timeframe
In the 1-hour timeframe, we still have an ascending channel where yesterday, the price stabilized above its midline. However, as mentioned earlier, there is currently no bullish momentum in the market, which is why I haven't opened any positions and remained in a no-position stance.
🔻 Interestingly, the price was supported at 64247, making this trigger more reliable. Upon breaking this short-term support, I will open my short position. However, given the low market volume, it's better if selling volume enters the market simultaneously with the trigger break. The RSI confirmation trigger is 44.53, but due to the ranging market, momentum oscillators are less reliable.
📈 For a long position, the risky trigger at 64530 is still on the table, but I strongly advise against opening a long position in the current conditions. It is better to wait for the market to build more structure.
🍣 SUSHI Analysis
Project Overview
The coin we will analyze today is SUSHI, which is a DEX platform in the DeFi space. This platform allows decentralized trading of cryptocurrencies. Additionally, by creating Liquidity Pool Tokens (LP tokens) on this platform, you can generate income. This relates to the DeFi sector, and I recommend thorough research before entering this space.
Technical Analysis
In the 4-hour timeframe, it is evident that there is a downtrend that started from the 1.295 resistance and reached the 0.791 support. Using the Fibonacci retracement, we see that between the 0.791 support and the 0.859 level (which is also the 0.236 Fibonacci level), a range box has formed, indicating a resting phase. The SMA25 has reached the candles and turned the previous candle red. If the SMA25 can inject momentum into the market, we can expect the market to become bearish.
📉 For a short position, I recommend opening a short position upon breaking 0.791, with a target of 0.64. It is crucial that volume increases; otherwise, the trend will weaken.
📈 For a long position, wait for the price to stabilize above the SMA25 and for the RSI to hold above 47.03. You can open a position upon breaking 0.859, but since this is against the trend, buying volume in the candles must be high, and the target should be small. The 0.382, 0.5, and 0.618 Fibonacci levels can be suitable targets for this position.
♟ Personal Strategy
I will definitely open a short position upon breaking 0.791 because if this area breaks, a significant bearish momentum will enter the market, potentially leading to a substantial decline. However, for a long position, I will not open one at the moment and will wait for the market to build a structure that fits my long position strategy.
📝 Conclusion
Today’s market analysis highlights the importance of patience and strategic positioning. For Bitcoin, the lack of bullish momentum suggests a cautious approach, avoiding long positions until the market shows more definitive signs. SUSHI presents potential opportunities on both the short and long sides, but volume confirmation is key to avoid false moves. Remember, in low-volume conditions like today, it's best to wait for clear signals before making any trading decisions. Always prioritize risk management and thorough analysis before entering the market.