Sushiusdt
ETHUSDT Technical AnalysisSUSHIBTC
⏳ Spot
💎 SUSHIBTC after the breakout of the resistance will go for a retest and then again will go up. It may go to the Pullback zone before it goes up.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.0002495
☕️ TP1 0.0003025
🍺 TP2 0.0003225
🍻 TP3 0.0003435
🍾 TP4 0.0003880
🍷 TP5 0.0004445
🍸 TP6 ___________
🍹 TP7 ___________
🎁 TP8 ___________
🚫 SL 0.0002290
Good Luck 🎲
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SUSHI/USDT This currency has a bullish momentum.
My opinion is that after returning to the $ 12.2 level and forming a head and shoulders pattern, it can grow at least 15 to 20% with an uptrend.
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SUSHI Consolidates Within Ascending Channel, Bulls Eye Break -SUSHI has risen over 30% the last week
-Price has been respecting an ascending channel
-75MA will act as support if necessary
Sushi Swap experienced great hype in the earlier months of this year but has since fallen a bit under the radar. Its main competitor, Uniswap, has still been holding well throughout the market as platform visits have been increasing over the last month. Since BTC has broken out of its $40,000 resistance, many alt coins have been surging off their lows. SUSHI has been attempting to break free from a major resistance zone over the last 3 days but has fallen short. If BTC can gain its footing soon we should see SUSHI above $15 in no time.
Since the 20th of July, Sushi Swap has been in a healthy uptrend. Price has been supported within an ascending channel as each time price touches either trend, it gets rejected to the opposite trend. For SUSHI to experience a strong breakout, price must break & confirm its major resistance zone found from $13.39-$14.24. If bulls manage to pull this off, we should expect price to rise to at least $15.59 & potentially $16.58. If price manages to break & hold the top trend of the channel, SUSHI will go parabolic.
At the time of writing, SUSHI is holding the median line of the channel. If at any point bears assert their dominance & Sushi breaks below this trend, we should expect price to fall to the bottom trend of the channel. Along with this median line lies a near 3 month trend line that has held price down from a bullish trend. Just 2 days ago, bulls managed to break this trend line and have since been able to hold. Breaking both of these trends will likely result in a minimum -5% downfall. In this case, Sushi Swap will likely find support at $10.63.
While looking at the Stochastic RSI, we can see how strength reset to the oversold territory. As long as strength manages to break out of this zone, this is a good sign that SUSHI is regaining strength for its next upward push. The RSI has been hanging out above the 50 value for nearly 9 days. A strong push into the overbought territory is needed for SUSHI to break out of its major resistance zone. If at any time strength breaks below the given trend line, expect price to start some type of downtrend.
SUSHI Intraday Analysis
Spot rate: $12.85
Trend: Bullish
Volatility: High
Support: $12.02
Resistance: $13.39
Sushi 🍣At the time of analysis, the conditions were very good for growth
Now has reached 40% profit
It has tough resistance in this area
By creating a positive atmosphere in the market, it is possible to break this resistance
Otherwise, It may fit in these prices
And start regrowth by gaining energy
Reaches the next target in the coming days
SUSHIUP Binance BUY at $0.089Like what I see on the weekly chart of the underlying asset (SUSHI) so I opened a trade in Binance yesterday. Bought the SUSHIUP contract at $0.089. Let's see how it goes!
sushiWhat Is SushiSwap (SUSHI)?
SushiSwap (SUSHI) is an example of an automated market maker (AMM). An increasingly popular tool among cryptocurrency users, AMMs are decentralized exchanges which use smart contracts to create markets for any given pair of tokens.
SushiSwap launched in September 2020 as a fork of Uniswap, the AMM which has become synonymous with the decentralized finance (DeFi) movement and associated trading boom in DeFi tokens.
SushiSwap aims to diversify the AMM market and also add additional features not previously present on Uniswap, such as increased rewards for network participants via its in-house token, SUSHI.
BUY SUSHIDOWNBuy: 0.003 - 0.00325
Stop Loss: 0.0028
Reason: retest of trendline and proprietary buy signal
SUSHI anything is possible (Please read)Hello all, I was not going to publish this idea, but I decided I would share anyways. If BTC falls below 30k we might see 28k, possibly even 18k, so always remember to keep a close eye on the King of Kings.
For now, my eyes are also locked on one of my favorites, SUSHISWAP exchange token. 🍣
It is possible we have bottomed out and are now seeing immense buy pressure after hitting the 6.3 bear target🐻. If we continue down I expect to see ~5.0 as mentioned above📈🎯.
Yum...
We are now back into the Pitchfork and bullish targets are possible here🐮🆗.
Defi is the future of finance, our traditional finance system is broken.
‼🛑This is not financial advice‼🛑, for fundamentals on SUSHI (very successful fork off of UNISWAP,) feel free to click on some related ideas linked to this post.
Thank you so much and happy trading all!
Jazerbay 🐶
Sushi Prints Massive Descending Triangle Pattern-SUSHI dropped nearly -25% the last week
-Price is hanging on to major support zone
-250MA has held price down for 2 months
Sushi-swap was full of hype a few months ago as the interest in using a decentralized swap skyrocketed. Price also followed as it rose nearly 5000% in a short 5 month period. Price started to turn around as BTC was flattening out around $60,000. Ever since then, SUSHI along with the majority of the cryptocurrency market has been in a strong downtrend. A newly formed price pattern may give a hint of when the next trend may begin.
Sushi has formed a near 2 month long descending triangle which is shown in light green. This pattern is generally a bearish one but does sometimes break to the upside. At the time of writing, Sushi is hanging on to its last major support zone at $6.00-$6.55. If bulls fail to hold this mark, sushi will fall hard. At that point, price would have broken to the downside of its descending triangle and would likely visit levels of $5.57 & $4.88.
Sushi-swap has nearly 9 days until the very end of its descending triangle formation. For a bullish breakout to occur, Sushi must first break & hold the major resistance found at $7.11. If this is deemed successful, price will then retreat to next major resistance at $7.76. This is where bulls must battle hard as the 250 MA also lies right near this resistance. As this MA has held price down for 2 months, breaking & holding above this mark will likely send Sushi to its major resistance zone near $10.00.
While looking at the Relative Strength Index, we can conclude the RSI is having a hard time at staying above the 50 value. Anything above this value is considered bullish and it must hold above this to see a strong revival. The Stochastic RSI is hanging out in oversold levels. This is the area where the largest price drops occur so strength must bounce above 20 very soon or Sushi is in for another tumble.
Sushi intraday levels
Spot rate: $6.67
Trend: Bearish
Volatility: High
Support: $6.57
Resistance: $7.10