SushiSwap Analysis Bullish Momentum 🍣 SushiSwap Analysis: Bullish Momentum Building with Strong Accumulation Signals 📈
SushiSwap enthusiasts, it's time to take a closer look at the charts! 🚀
📊 Technical Analysis:
The 20, 50, and 200 Exponential Moving Averages (EMAs) are signaling a promising phase for SushiSwap on the daily charts. The convergence of these key indicators suggests a potential accumulation phase orchestrated by big money players.
📈 Bullish Momentum:
The 20 EMA, being the most sensitive to short-term price movements, is now crossing above the 50 EMA. This golden crossover is a classic bullish signal, indicating a shift in momentum. Furthermore, the 200 EMA, representing a longer-term trend, is acting as a crucial support level.
🤑 Accumulation Phase by Big Money:
The alignment of these EMAs suggests that institutional investors and whales might be accumulating SushiSwap at these levels. This strategic move by big players often precedes significant upward price movements. As daily candles show consistent strength, it adds credibility to the notion that smart money is positioning itself for a potential bull run.
🔍 What to Watch For:
Keep an eye on the daily candle closes; sustained bullish candles reinforce the strength of the current trend.
Monitor for any upcoming announcements or developments within the SushiSwap ecosystem, as they can further fuel the bullish sentiment.
🚨 Risk Disclaimer:
While the technicals are favorable, always conduct thorough research and consider your risk tolerance before making any investment decisions.
📌 Conclusion:
SushiSwap is currently exhibiting strong signals of a bullish accumulation phase. The alignment of the 20, 50, and 200 EMAs on the daily charts, coupled with robust daily candle patterns, indicates a potential surge in the near future. As always, stay informed and trade responsibly!
Disclaimer: This is not financial advice. Always do your own research before making any investment decisions. Cryptocurrency markets can be highly volatile.
🍣🚀 #SushiSwap #CryptoAnalysis #BullishSignals #Cryptocurrency
Sushiusdt
SUSHI/USDT Ready For Bullish Rally? 💎Paradisers, brace yourselves! SUSHI/USDT is on the brink of a bullish eruption, ready to break free from its descending channel and embark on an upward spree.
💎Lately, SUSHI has been hovering near a pivotal support zone. Coupled with an uptick in trading volume, we're bullish about an imminent upswing.
💎After initially reaching equal highs, SUSHI experienced a significant drop, indicating a change in market mood and extending its bearish trajectory.
💎Nonetheless, signs of bullish momentum are beginning to re-emerge, and we anticipate the price will target the overhead supply zone in the near future.
💎Heads up: Should the price dip below the support level due to market volatility, be prepared for a possible bearish pivot.
💎Stay locked in for more timely updates!
SUSHI WILL EXPLODE THE CRYPTO MARKET up $2 /HIGH VOLUMEThanks for reading this update.
Depending on our last study a new hype is about to start for SHUSHI, this study is made depending on the latest trends of this coin.
We expect to see soon a break up of $1.63 with a building trend up $2
This coin has a maximum supply and increase in holders and volume, and some interesting things are going on with this coin.
When its time, it will show unexpected whale volume.
SUSHI/USDT upward momentum? 👀 🚀 SUSHI Today analysis💎 Paradisers, let's delve into the nuances of SUSHIUSDT as it positions itself in the demand zone. While the crypto landscape is ever-evolving, there's a heightened probability that SUSHI might embark on a bullish journey.
💎 Recently, SUSHI tapped into the liquidity at the .518 level, which is now playing a pivotal role as support. Despite many crypto novices betting against this coin at its current stance, the scales of probability tilt towards a bullish outcome.
💎 If SUSHI manages to maintain its momentum above this support, there's a strong chance it might challenge the overhead supply zone.
💎 On the flip side, if SUSHI doesn't hold its ground at the .518 support, the probabilities lean towards a descent, potentially revisiting the daily support level.
People confuse being a trader with being a chartistPeople confuse being a trader with being a chartist.
Traders can:
- Mange emotions
- Have Discipline
- Execute on a trade idea
Chartists can:
- Make chart look pretty
- Look sophisticated
- miss trading opportunities because their too busy screenshotting for social media
Only Few Understand…
SUSHI/USDT Ready to Upward Momentum ??? SUSHI Analysis Today💎 SUSHI has undoubtedly seized our attention with its impressive rally, soaring from $0.52 and decisively shattering the broadening wedge pattern amid substantial trading volume. A successful retesting phase underscores SUSHI's potential for continued bullish momentum.
💎 However, a critical juncture awaits, as SUSHI grapples with a formidable resistance zone. To sustain its upward trajectory, breaking through this barrier is imperative; otherwise, a retreat to the demand zone for regathering strength could be on the horizon.
💎 Should SUSHI manage to penetrate the resistance, the probability could smoothly sail towards its next targets, including the supply zone and potentially even the bearish OB area, with relative ease.
💎 Conversely, a precarious scenario unfolds if SUSHI retraces and fails to hold its ground within the demand zone. Such a downturn would signal a weakening bullish resolve, possibly sending SUSHI into a downward spiral toward its next stop at the support zone. Here, a crucial battle would ensue: SUSHI would need to rally and reclaim lost ground, or risk a further descent into the depths of the key support area, marking a significant bearish shift in its market narrative.
SUSHI/USDT falling wedge Breakout? 👀 🚀 SUSHI Today Analysis
💎 Paradisers, get ready for an exciting opportunity with SUSHIUSDT! The asset is currently holding a crucial support level and is primed for a bullish trajectory👀
💎 On a High Time Frame (HTF), we're close to witnessing a breakout from a falling wedge pattern. If this occurs, expect a powerful bullish surge.
💎 We're looking at two key scenarios: one involves resistance at the 0.832 level, and the other focuses on a supply zone at the 1.200 level. Anticipate price rejection at these levels as you navigate your trading strategy.
Keep your charts updated and Stay one step ahead of the market 🌟 🌴
Sushi Getting Ready For Massive Recovery Seems Like Has Already Bottomed Out And Getting Ready For Massive Recovery
Formed Falling Wedge In 3 Days Timeframe In case Of Breakout Expecting Massive Bullish Rally
Expecting Move Towards 3$ In Midterm
Wait For Conformed Breakout Without Breakout Do Not Take any Entry
SUSHI and good positionAs you can see from the chart and one-hour time frame:
1. We have reached the good area of the buy order block
2. The conflict of the price with the downward trend line has increased and it is more likely to be broken
3. We have price divergence and RSI indicator
4. The RSI indicator has approached the oversold zone
5. It is placed on a good support range
6. In the visible valley we clearly see the hammer candle
All of the above can indicate a good position for a long position.
#personal opinion
Good luck and profitable
Finally breaking out since more than 21 months..!🔸Breaking out the falling wedge in weekly chart meaning sushi aimed great targets.
specifically after this long time accumulation (21 months).
🔸Sushi need to clear 0.618 fib level , successfull retest after that we can see sushi hit 3$
Dont forget to support us with ur like, comment and follow to get all the news
SHUSI USDT HELLO GUYS THIS MY IDEA 💡ABOUT SHUSIUSDT is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the buyers from this area will be defend this LONG position..
and when the price breakout this resistance , strong buyers will be push up the market again..
IF you like my work please like and follow thanks
SUSHIUSDT → Resistance breakout. Expect momentum BINANCE:SUSHIUSDT is forming a bearish wedge and after retesting the global bottom, the price starts to strengthen, breaking the resistance of the pattern
A symmetrical triangle has been forming for the last few weeks, within which the potential is accumulating. Within the forming figure, the price is breaking the resistance of the global wedge, but is still trapped under the triangle resistance. Most likely, when breaking the symmetrical triangle resistance, the coin can show an excellent bullish momentum. The market is waiting for activity from bitcoin, but it has reduced its volatility to a minimum, showing little reaction over the past few weeks only yesterday when the market bought back the decline and altcoins reacted accordingly.
The SUSHI bulls may prove themselves in the near future
Support levels: 0.637, previously broken wedge resistance
Resistance levels: Triangle resistance, 0.827
I expect consolidation above the wedge and retest of the triangle resistance with the subsequent breakout and growth towards these levels.
Regards R. Linda!
SUSHIUSDT- tries to break through the resistance levelHello everyone! Today I found a pretty positive chart at SUSHIUSDT. The coin has been trying for six months to form a good foundation to go beyond the resistance level of 0.74. All this time, the price does not update its lows and presses this level. Therefore, in the near future I expect a coin at the 0.9 mark, at the next logical resistance level.