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Sushiusdt

SUSHI/USD - New ATH set - bullish still!SUSHI has set a new ATH today at $20.7. Impressive. There is a lot of strength behind SUSHI and this will not vanish any time soon. RSI on daily has been hovering above 50 for months - this is very bullish. There is no reason to be bearish on SUSHI at this time and until we break this ascending channel and drop on daily RSI under 50, I see no reason to be concerned. Today we got rejected from our ATH pretty quickly, mostly because BTC decided to take a break in its ascent. Nevertheless, after this correction is over and we touch our support line, we should push higher. We did hover in this range between $13 and $20 for some time now. So keep a close eye on how this will resolve. A breakout will likely trigger a significant reaction in price. Bias remains bullish for now. But watch BTC as it will set the tone. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
Long
by DU09
3
SUSHI/USD - Support held, ATH next? 🟢SUSHI has re-tested the ascending channel support level and it held well despite the significant drop in the overall market early this week. Now that we made this support, volume on this leg up has been sustained and looking good! The indicators are also bullish, MACD and RSI are raising nicely. Right now we have a resistance level just above price which I don't expect to hold us down for long as any further push will take price above it which will clear the path to re-test the ATH level again. My bias remains bullish for now or until we break this ascending channel which has held the price above it for over 4 months. Like and follow if you liked this idea! Also join my crypto community to stay in touch and watch my technical analysis videos on YouTube. :)
Long
by DU09
2
SUSHI - do you want?Breakout of the dynamic resistance with the retest (blue); 👉 Formation of an ascending triangle and its resistance pinched (in blue). ☝️ Entry: split into two parts. First: from the current ones. Second: breakdown of horizontal resistance and/or support of a flat triangle. ☝️Stop loss: at $14,154. You will learn the best place where we can trade this instrument at low risk. 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
Long
by Yuriy_Bishko
25