SUSHI / USDT - Sushi on parabolic run!As you can see Sushi has started a parabolic run, in only 3 days it went up over 100%!
Potential trade: Enter a long when price gets closer to the pink parabola with a tight stop under. Next target levels at $2 and $4.5.
Sushi may correct slightly in the next day or two or may continue to run up. In that case you can long a retest of resistance turned support at around $1.3.
SushiSwap is part of the new DEFI wave, an exciting emerging market in the crypto sphere. Lear more about DEFI her:
defipulse.com
Lear more about SushiSwap here:
academy.binance.com
sushiswap.vision
Stay safe and manage your risk properly.
Sushiusdt
✳️SushiSwap/USDT (10-10) #SUSHI $SUSHI #SUSHIUSDT✳️FREE ANALYSIS
SushiSwap/USDT (10-10) #SUSHI $SUSHI #SUSHIUSDT
After breaking the 0.8$ level, SUSHI has a very strong and important support zone is 0.75-0.8$ that you will not want to see it broken.
So at this moment, we will keep an eye on this 0.75-0.8$ zone and wait for a big pump (if happens) to the targets : 1.2 - 1.5 - 2 - 2.4$
Of course, those levels are very strong and SUSHI may dump anytime so don't go sleep without stop order
SUSHI Long Trade For up to 12% ProfitSymbol: SUSHIUSDTP, SUSHIUSDT
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern PRO
Timeframes: 15M -12H
Signal: Blue -> Green
Context: Blue * N
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DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Trade closed manually: Closed when the above ribbons turns Yellow or Red.
SUSHIUSDT: Possible Lng (24.10.2020)On D1, the price has broken the downtrend line. The RSI is near the oversold level, signalling a weakening downtrend.
On H4, the price also broke through the downtrend line. The divergence has formed between the RSI and the price.
At the moment, the price has formed a local correction.
We recommend buying SUSHIUSDT in order to keep the position above $ 1.
SUSHI.12h. Final target is $0.38Since our last Sushi analysis , its price has decreased by 4 times (or fell by 75% from $2.45 to $0.55).
Our first target has been achieved.
The prospect for buyers is still disappointing. DeFi coins fall a lot. Pay attention that this fall occurs while $BTC is still afloat.
Therefore, we expect that the next target $0.38 for Sushi will also be reached.
A small rebound to $0.85-0.86 is possible , but $0.38 will still pull towards itself.
In the previous idea, we advised you to be careful with this coin and we hope you took advantage of this advice.
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Long Sushi Great Platform w Strong YFI Trading Devs Bought BackSushiswap cloned Uniswap and launched SUSHI before UNI. Both coins have bottomed out. UNI had a hype cycle on Coinbase listing. Sushi had a pump cycle on Huobi listing and then a dump cycle on Binance futures listing. Platform is stronger than ever and it appears that devs have bought back.
SUSHI/USDT (Bearish Pattern?)💎Technical Analysis Summary💎
BINANCE: SUSHIUSDT
-SUSHI is retesting key support area at around 1.2-1.1s dollars
-This is a crucial point for the Bulls to keep the consolidating in the range
-If the Bulls want to keep the potential reversal in the midterm
-They must protect his important level of support
-My advice is to wait for proper breakout confirmation
-If you are looking for a Buy position, wait for the trendline break
-The targets can reach up to 2.5 dollars or higher
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Not Financial Advice
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