SUSHI - Weak for now!SUSHI looks very weak. It does look like it's consolidating for now but the Sell Volume is very high on this coin.
But just to play safe: I've added the key support/resistance on this chart for you. If the price passes any of those areas, then the line after it might be reached.
I personally think the price might drop even more, so be careful about it.
Good Luck
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Sushiusdt
Atleast a 3X potential on SUSHI (I have it on margin)SUSHI is doing great things, providing an alternative from ETHERUM crazy gas fees. This thing is retesting its all time high, it held great during the past day troubles, and now is already starting to take off, while large caps still are uncertain. I feel like it is the start of a great alt season, and SUSHI provides a path way to it. The market cap is still around 2.6 bil, so great potential and risk to reward imo. Please comment your thoughts on the project. :)
SUSHI/USD - A new ATH in the pipeline, $24 to be retested! 🚀SUSHI has pushed higher today with a massive 30% green candle. At this rate SUSHI will soon reach its old ATH at $23.5. If the momentum and volume continues to build up here, we are likely to crush this resistance and move higher.
Such an event will take SUSHI back into price discovery = massive pumps to be expected.
The indicators are bullish and this increased volume on this pump is a very positive sign!
But watch BTC and ETH (ideas below), they are turning bullish right now and if that is confirmed, SUSHI and most of the market will pump higher, in this case SUSHI will pass the $24 price level.
Chart is bullish and looking great, SUSHI recovered almost all the losses from previous month. Bias - very bullish. Most DEFI coins are getting a lot of cash influx into them right now.
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SUSHIUSDT H16: BEST Level to BUY/HOLD 100%(SL/TP)(NEW)SUSHIUSDT H16: BEST Level to BUY/HOLD 100%(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: SUSHIUSDT 16hours/daily//candle chart review
::: strong bullish chart overall
::: some overhead resistance nearby
::: recommend to focus on buying low
::: I don't think that we are ready to MOON yet
::: accumulation in progress / more time required
::: best trades near range lows for the BULLS
::: it's a strong prior bull market so can
::: so expecting at least one final PUMP
::: BULLS get ready to BUY after pullback
::: TP bulls is 100% gains
::: best reload BULLS is 13.80/14.00 USD
::: 22 USD overhead resistance
::: so expecting a normal pullback
::: TP BULLS +100%/+150% gains max
::: patience required next few weeks
::: as we are getting ready for a move now
::: noteworthy compression / tight ranges
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/BUY PULLBACK
::: Sentiment short-term: MIXED/RANGE
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
SUSHI-USDT-LONG (short-term-idea)Hello there, I think we can do it. I will never miss out on SUSHI and we talked about fundamentals in several previous ideas so we wont go in depth here.
This is not financial advice, just my current view on SUSHISWAP.
SUSHI is run on ETH
🍣🆗
🛑🛑🛑This is never financial advice🛑🛑🛑 I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Thank you so much!!!
Jazerbay 🐶
SUSHI - Still Bullish! (As you asked)SUSHI is going through some correction but it's still in the bullish channel.
There are both Fib and Dynamic supports on the way down (around the area on the chart).
If you're into opening long positions, wait for the price to cross the resistance area and then after the first confirmation, you can open your positions.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
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SUSHI on the way to $23Since the end of April SUSHI has been trending up after it crossed back above the Bull-Market Support Band. SUSHI has consistently made higher highs and higher lows. However, it is currently bumping up against a zone that it has been rejected at many times before. Even in the time when SHSHI crossed over it failed to make the old resistance into support. If it breaks above again will this time be different?
Last time SUSHI fell below the area of resistance was the exact time that BTC went from 60k down to 50k. Everything else was pretty much the same; SUSHI was in an uptrend, the RSI was making higher lows, etc.
So, it seems that SUSHI is not one of those rare coins that moves independently from BTC. Therefore, as long as BTC holds, or moves up, the conditions to put SUSHI back to at least $20, and probably $23 exist.
I don't think $17 is the best entry as it looks over extended in the very short term. If it falls between $15-16 I am getting in on the move back up.
Thank you for reading and please like, comment, and follow!
Trade at your own risk.
SUSHIUSDT Resistance BreakoutSUSHIUSDT(1H CHART) Technical Analysis Update
Resistance Breakout
SUSHI/USDT currently trading at $18.20
Buy-level: $17.85 - $18.20
Stop loss: Below $16.85
Target 1: $19.00
Target 2: $20.00
Target 3: $20.75
Target 4: $21.75
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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