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SUSHI/USDT : Retest before bounce BINANCE:SUSHIUSDT Hello everyone 😃 SUSHI has been rejected from resistance and now its heading to support lines. Stochastic RSI had a Bearish crossover and now Volatility is being Bearish Neither ! So, We expect a retest at 2.9$ support line and then, SUSHI would reach and break 3.4$... If SUSHI breaks 3.4$ with high volume, Then 4.1$ resistance will be easy to reach. 🔴 Also we expect a retest on lower support line at 2.7$, But below it will change direction into Bearish movement. Attention : this is not a financial advise we just try to help people on their own vision. HAVE A GOOD DAY - Helical_Trades
by Helical_Trades
SUSHI-4h. Buyers are preparing for test $3-3.1.The tragic fall in the price of SUSHI on December 23 by 50% upset many investors. Within an hour, some investors lost all potential profits, which could be from November 26. The other part lost their deposits. However, patient investors who placed limit orders to buy SUSHI received a pleasant surprise. Since December 2, the angle of growth of the SUSHI price has changed significantly. The white trend line , which held the SUSHI price from December 4, is now under the control of buyers. The price continues to trade in the growth channel. Sellers complete the local correction. The liquidity range $2.25-2.32 is also under the control of buyers. If we pay attention to the period from 2 to 13 December, it becomes clear that this range is valuable for forecasting further medium-term price movements. This range can serve as a turning point for the current loyal wave of fall. Holding this range, the price of SUSHI will begin to grow with a target of $3-3.1. The critical point of the SUSHI growth scenario is $2.15. Below this mark, sellers will quickly lower the price to $1.86 . _____________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
9
Here's How SUSHI/USD Could Be The Best Performing Asset Of 2021Welcome everyone, My name is Schyler with NewWave Traders. NWT is a movement in Elliott wave and trading education, a movement in creating independent and profitable traders, and a movement in lifestyle. I've been a full time trader since 2017 in the crypto markets and I help traders create a full time income for themselves without working the full time hours by mastering a proven Elliott Wave trading system that will allow you to trade on your time and live the life you deserve. Hit the follow & like button if you'd like to make it a reality. I've helped hundreds of traders just like you make it a reality for themselves. Looking forward to helping you create your success story and life. Let's Talk SUSHI/USD... When an asset hits price discovery territory the potential becomes infinite and price discovery for SUSHI is what we'd be looking to explore with this Elliott Wave count. The first wave has formed a rising wedge with a 5-3-5-3-5 structure that is the start of something. The big variable here is really just where wave 2 will pull back to. In this chart I'm hypothesizing that it will pull back to 2.07. This matches up with the channel support that is commonly used to identify waves of an impulse as well as targets. The 3rd wave is projected (on log scale) for the 1.618 extension of wave 1. The deeper wave 2 pulls back the lower the 3rd wave target becomes. The orange dotted lines highlight previous swing lows that will want to be defended, with the lowest orange dotted line being the most important low to protect. Invalidation of this count will be the origination of wave 1. I chose 2.07 as the most probable support due to price, channel support, fibonacci retracement, and a 1:1 ext of the A wave in the start of the correction. All this lines up nicely for support at 2.07 which is approximately a 30% retracement. Check out the signature below to learn how to become a full time trader without the full time hours by mastering a proven Elliott Wave trading system unlike anything else available on the market. To Your Success, Schyler
FTX:SUSHIUSDLong
by NewWave_Traders
14
SUSHI-4h. The target $ 3.5 remains relevant.The wave of falling SUSHI prices on December 19 led it to the liquid range of $2.26-2.33 . We wrote about this range in the previous idea . This range can be a solid foundation for new price growth to our $3.5 target. The current local fall wave adjusted the growth wave from December 11 by 61.8%. A rather deep correction may force the price to consolidate in the range of $2.26-2.33 for some time. The new BTC impulse will allow buyers to continue moving in the white triangle and test $3.5. However, whether the forces will push the price further - let's see in the next idea. ________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
9