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SUSHIUSDTPERP
Sushiswap Sushi price analysis🍣 Fresh CRYPTOCAP:SUSHI has been brought to the market, but you need to buy it at a good price and more on that later!)
Only the 4th time, for the first time in 2.5 years, OKX:SUSHIUSDT price managed to break above $2
1️⃣Now the main thing is to wait for confirmation of the breakout and the strength of buyers. That is, we need to wait for the price of the #Sushiswap token to firmly establish itself in the range of $1.50-2 and not fall below it.
2️⃣If this condition is met, the prospects for continued growth to $10 will open up, where selling one #Sushi will allow you to buy a whole roll set :)
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#SUSHI/USDT#SUSHI
We have a bearish channel pattern on a 12-hour frame, the price moves within it, adheres to its limits well, and is expected to break it upwards strongly.
We have a support area at the lower border of the channel at $0.800 from which the price rebounded
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that is about to break higher, supporting the price higher
Entry price is 1.10
The first goal is 1.44
The second goal is 1.78
the third goal is 2.20
SUSHIUSDT Reversing from Major SupportSUSHIUSDT technical analysis update
SUSHI's price touched its major yearly support level this week, a zone it has bounced back from multiple times over the last four years. We can expect a bounce from this support level again.
Stop Loss: $0.45
Target :100%-300%
regards
Hexa
SUSHIUSDT Potentially for a LongBINANCE:SUSHIUSDT broke slightly above the 1.7283 area. With the reversal pattern taking formation, BINANCE:SUSHIUSDT will likely be in for a long position. This does not mean that there may not be some further dips, but with the dips comes an opportunity to buy more.
Past results does not guarantee future results, do your due diligence before taking any trade idea.
SUSHI looks good for midterm buyingI like SUSHI on daily timeframe! I will place some buy orders @ $1.22 and wait for better entry to buy more!
10% buying @ $1.22
Remaining 70% we will wait for the dip!
SL: ($0.757, 37% away)
TP1: (1.688, 37% away)
Final TP: ($5.025, 311% away)
Not the best entry here so I will wait for a better RR only buying 10% at this price.
Trade signal | SushiSwap (SUSHI) a setup for upto 27.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of SushiSwap (SUSHI) with US Dollar pair.
Recently we caught almost 19% pump of SUSHI as below:
Now on a daily time frame, SUSHI formed a bullish Gartley setup for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Sushi longI think Sushi from now will start climbing.
If October, will be Uptober we will soon see a very good entry point for Sushi...
If Sushi breaks the trendline and we see some confirmation and some volume coming in - I think it could be a good time for a buy.
I see Sushi at 0.8 (about 30% profit) as the next target.
I think a 1:1 risk/reward ratio play look good for a spot trade. Even leverage on small time frame could be great play if Sushi pops and get some momentum from breaking the trendline.
SUSHIUSDT DailyAs you can see in the chart, sushi has been fluctuating between these two prices for 344 days.
And it is approaching the purchase price again. Do you think it deserves another chance? Because we did not see anything from this currency in the recent upward movement.
⚠️ Disclaimer: This chart and analysis are not meant to be, and do not constitute financial, investment, trading, or other types of advice or recommendations. #DYOR
SUSHIUSDT 50 % drop likely - BewareSushi remains in the long-term downtrend and looks as bad as many other altcoins.
In this case we also expect 50 % drop.
The price already broke below the upsloping support line and is retesting it as a resistance.
- We expect the rejection and continuation to the downside.
- Even if the price manage to pump above the upsloping line that should be acting as a resistance now, there´s still the major downsloping resitance line where we expect the rejection and downtrend continuation.
- Retesting all time lows is likely as long as the trend remains bearish but there´s also support at 0,60$ which would be approx. 50 % drop.
- To become bullish the price has to break above the downsloping resistance line which is less likely in our opinion especially that BTC.D is expected to bounce from its key support.
Good luck