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Sushiusdt

SUSHIUSDT, Supported upper resistance zone :DHello everybody Sushi is one of the token of exchange that is working on DeFi ... How many project do you the fundamental analysis ?? If you dont know, you can learn fundamental and technical analysis ---> send us messages in private you can see our id in profile According to the chart and previous analysis, market exactly supported in support zone area and rised up and give everyone some profit.But now the price after broke the resistance zone its pullbacked to it and now we expect the price that is going up toward the trendline resistance zone. If you look at carefully you can see the price made 2 bottom but we need acceptance of it. Dont forget use stop loss and attention to money management when you take in position Good Luck Abtin Previous analysis :
Long
by Abtin00
10
SUSHI broke triangle is going to $0.42Good morning, this analysis is for Sushi token I played with this token last year and I made some money also lost some money. Now I'm in the largest short and I want to share what is going on with this token. Let me start by saying denying this is a Bear Market is the most anti- strategic action you can make considering you are putting in real money. Just to be clear this analysis is for the long-term not for a daily trader who can find some pumps in the process. If you look at the chart on the monthly Sushi made exponential growth in less than 2 years and what we are seeing now is a big-time correction. If you understand BTC is going under $10k in the next months (check my previous chart for BTC) and you don't have to wait for it just expects to go under $30k which is going to happen in the next weeks imagine what could happen to Sushi. Sushi might get de-listed but time will tell if the chart we see now is accurate or not. This is just another perspective for you, the symmetrical triangle on the monthly got broken twice and this month is definitely out of the triangle going to hit some immediate targets. My suggestion is to stay in USDT if you don't know how to trade, stay out of ALT's because most of them will be wiped out with BTC going down for the next year or 18 months. Once BTC reaches the total bottom then and just then pick an ALT that survived the upcoming crypto crash. Now, don't take my words for granted, Sushi might stay in the game but to be honest, will be under $0.01. If you are a trader trade this in a bear mode knowing there is no new ATH here, be cautious. However, I strongly suggest staying in cash, for now, don't get anxious and wait for BTC to reach a bottom and better buy BTC's. The closest target to the downside will be $0.42 and will happen according to the chart in the next couple of months. If my analysis doesn't fit your ideas it's ok, just have perspective. I will share with you when to buy BTC once the bottom is in, the chart talks. FTX:SUSHIUSD
FTX:SUSHIUSDShort
by LordOfBitcoins
2
SUSHI/USDT : Opportunity to take SHORT after breakdown ! Hello everyone 😃 Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! There's a formed descending channel on daily time-frame for on #SUSHI's chart. Also now, There's a breakdown attempt on current daily candle which is making us this opportunity to take SHORT on the movement after breaking below the dynamic support zone. However I would set two separate invalidation forms to avoid any possible losses; But it's still hardly suggested to have active management on such a movements ! The entry could be the breakdown confirmation as a retest on $6.6 or into the continuation of huge sell of in master candles... The invalidation should be placed with two configuration, - Any breakout confirmation above $6.6 - Any candle close above $7.500 Targets are mentioned on chart ! As always be safe. Hope you enjoyed the content I created, You can support us with your likes and comments ! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Short
by Helical_Trades
37
SUSHI: Long and ShortSummary: 1. SUSHI seems relatively strong in this downturn. 2. Several converging points seem to suggest a Long for SUSHI to the green rectangle. 3. A short can also be placed to hedge with a target to the red rectangle. Chart: Daily Scale: Linear Trading Pair: SUSHI/USDT Breakdown: - Price broke above the upper parallel line of the red Pitchfork. - This retrace came back to retest the upper parallel line of the red Pitchfork. - A single negative vector extrapolation intersects at the projected reversal point (yellow box) adding confluence to the idea of a reversal to the upside here. - Price is sitting slightly above an inner frequency line that did not break on this retrace. - There is sloped (same slope as the pitchfork) inner frequency line in the counter trend pitchfork (green) that also intersects the reversal zone (yellow box). - Lastly, the Hagopian's Rule seems to be in play as well with the failure of price to reach the center median line in the red Pitchfork.
by mindandwar
SUSHI in a very bullish wedgeThere isn't much to say, all DeFi are about to wake up after a long free fall. VLPR shows the bottom of this huge falling wedge has been bought (up until 3 weeks ago) and now price is heading toward another test of the upper trendline. In general this pattern looks so neat that I'm personally very bullish, I wish I had more fiat to buy it right now. One advice, this could even take another dip before breaking out so DCA your entry, I'd enter with something between 10-15% right now because it's uncertain. For sure eventually this will break out! Good luck!
Long
by Shotokhan