Sushiusdt
SUSHI / USDT - Sushi double top or a relief?SUSHI has touched the weekly resistance twice now and in both cases we corrected down. Question is now if this is a double top which may signal a deeper correction is due. For the double top to be confirmed the price has to break the local support at $1.9. If that falls, then we're in for a longer correction
The bullish case is to see price bounce again on support level and push beyond weekly resistance which will open the road for SUSHI to reach $3-4 levels.
Short term the bias is bearish until we either bounce of support or we break the diagonal resistance.
Sushi battle with old supportBreaking this level will be a bit challenging but if so look out for 2.55 or 4.05 as the Elliot wave count is pretty. The first wave up had extended 3rd wave which doesn't appear on current 3rd wave: this indicates to me....
Either 1) Losing momentum and perhaps this 3rd wave will be shorter than the 1st and thus lead to a truncated 5th.
2) Possibility of this 5th wave getting extended as part of the larger 3rd wave (a common occurrence)
Please comment any setups you might have with EW.
Cup of Sushi with a Handle [Potential Setup]Looks like a huge cup & handle forming BINANCE:SUSHIUSDT
Latest news about YFI & Sushi Merger = Pump + Big Future projects.
Potential for big profits during bull run.
I will update Entry & TP over next couple days. My worry is that the C&H has already completed Wave 5 and is now on pullback before take off.
If its wrong, now would good time to accumulate. If its right, we can still accumulate. Either way, big pump is projected especially with the recent news
Sushi, YFI, Andre Cronje & even SBF are all working together with many others.
Let me know what you guys think.
Thanks. Cheers!
Sushi and YFI join development resources and fly up to the moon?The news from 1 December of Sushiswap & Yearn.Finance join and the flow of blocked funds blew up the Sushi and YFI price.
The cost of Sushi reached the mirrored level of $2.18, fulfilling the target from the previous idea. From the first try, the price was unable to break the strong level and it is logical.
If in the coming days the Sushi cost does not lower below $1.80, then there will be a super opportunity to jump into the long rocket. Sushi's potential super growth target is $3.50.
Below $1.80 , there is a probability of failure to the level of $1.40 , and there it will be necessary to recalculate development scenarios.
SUSHI - One of the Altcoins with very big potentialBINANCE:SUSHIUSDT
SUSHI is one of the Altcoins with very big potential in the upcoming altseason. Generally I'm very bullish on the projects that Sam Bankman-Fried is involved. Sushi is one of them.
Decentralized exchanges like Sushi or Uniswap will grow in the future and Sushi seems very poised for a bull run. It is still on 'discount' thanks to chief Nomi and his dumping.
Long term target (reached in 2021) is around 8.80. Major resistances are around 2.35 and the area around 3,17 area. As always king Bitcoin might mess with it and will cause some pullbacks. However I expect them to be bought up quickly. I'm in this since 1.85 USDT and will make use of resistances and dips.
Channel Bottom SUSHIPrice was on channel bottom the last 6 days.
Now Stoch is crossing up giving a buy signal
Elliott Oscillator made a higher number than last day indicating Bullish Momentum is going powerful.
That's not a recommendation of buy, i'm showing how i operate this active if you agree with my vision leave your like!
SUSHI / USDT - Sushi on parabolic run - Part 2SUSHI did an excellent 55% run up after breaking the H&S neckline. If you bought the neckline breakout or re-test as indicated before you should have banked a very nice profit! Well done.
Now SUSHI reached a weekly resistance at $2.3 and we may range here a bit before re-fueling for a new up-trend with a target around $3.2. Therefore, it is now best to wait until SUSHI develops a new momentum to push pass the weekly resistance.
Tentative longs can be taken at Fib 23% or when re-testing the diagonal support. Should those not hold, then SUSHI may correct further down, however that is unlikely considering that recently SUSHI and YFI announced a merger of their liquidity and further integration.
This is very bullish for SUSHI and YFI, therefore watch these two coins. They can offer excellent long opportunities.
SUSHI.UST (Y20.P5.E1).Showing strength.Hi All,
Sushi not only has a strong structure formation at the moment, it also has companies interested in it.
Its probably this piece of news and its function\purpose in the Defi space that is driving its price up.
Note how it responded with the BTC dump....many are buying it up.
Yearn Finance Set to Gobble Up SushiSwap for Its Fifth DeFi Merger
Source: COINDESK NEWS Published on 2020-12-02
Cheers,
S.SAri
Conditions apply for T3 as there are many assumptions
$SUSHI, Still on the 1D buy signal, flipped ~1.2$ into support$SUSHI
Still on the 1D buy signal, flipped ~1.2$ into support & now trying to show continuation
If volume starts flowing in(tiny spike today),aiming for 2$ per #SUSHI does not sound crazy (40%+ movement!)
As bullish sign,crossing Ichi cloud for the 1st time
Let see how it goes!
Lets eat some Sushi 🍣SUSHI / USDT
🌟 Techincal Analysis🌟
Hi guys
I really dont like this coin but my members asked me for analysis ..here we are :
Trendline broken in 4H frame
The best entery was at that breakout of both trendline and MA50 at 1.42$-1.43$
With small stop loss at 1.328
And Targets gona be 1.525$ - 1.645$ -1.77$
(Already hit first Target )
If you late and looking for entery now
You can buy now or wait for bull back with stoploss 4H candel closing below 50 MA
For next targets
**Note : this coin has high volatility
If btc move it move fast
This idea for education purpose
Trade at your risk and use stoploss
Good luck and happy trading 🌹
SUSHI / USDT - H&S neckline broken! Higher levels expectedSUSHI has broken the neckline of the inverted H&S structure. This is bullish.
Expect higher levels, first resistances are between $1.7 and 1.9$. Price may revert at resistance or range before moving higher.
A good long entry was the retest of the neckline with first target at $1.7.
Market is very bullish with BTC pushing above ATH.
SUSHI Long Trade: Buy the BreakoutSushi is overcoming a strong resistance, longer than many other coins.
once it breakout the upper line of the rage, AB - CD pattern may happen
a big pump can be expected.
Disclaimer:
This is just a personal opinion, and it is only for entertainment. Use it at your own risk!!!
SUSHIUSDT: Possible Long (28.11.2020)On D1, the price found support at $ 0.5, after which new resistance was set at $ 1.7.
On H4, the price corrected after building an upward impulse upward and found support at the $ 1 level. In addition, the RSI reached the oversold level, after which the price recovered in a new upward impulse.
We recommend buying SUSHIUSDT in order to keep the position above $ 3.
SUSHI/USDT - Bullish continuation before further correctionSushi tested the diagonal support during the BTC drop and now it is in a bullish move and may re-test the local top at $1.7.
We also formed an inverted head and shoulder structure, which if broken above the neckline (in orange), Sushi will push higher. That is a good entry for a short time long.
However, watch BTC. Any move higher in alts can be reversed if BTC falls further.
If we arrive at $1.7 level we may correct again to form an ascending triangle, once we break above, higher targets become valid.