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SUSHIUSDTPERP

🍣SUSHISWAP price. Is it time "to taste" SUSHI again?🥢Today we will consider the trading pair SUSHIUSDT on the daily timeframe and tell you why this chart has attracted our attention. During the DeFi boom of 2020-21, the SUSHISWAP protocol was quite popular and was always in the top 10 in terms of TVL. The maximum locked amount of pledged assets in the SUSHI protocol reached $7 billion, which was about 4% of the total TVL of the DeFi sector. As of today, about $550mn is locked in the SUSHISWAP protocol, which is about 1% of the total TVL of the DeFi sector. In principle, this is not a bad result and the share of "influence" in the DeFi sector. If we take into account the fact that the price of the SUSHI token has decreased by -90-95% over the past year and depreciated by 13-15 times. So why has this project attracted our attention now, you may ask? And we will answer: 1. Increased trading volumes that began to return to the SUSHIUSD trading pair, and accordingly, this is an increased interest of both buyers and sellers to the coin. There is interest in the coin, so the project is "alive" even after such a strong and long fall. 2. Buyers managed to break through and consolidate above the liquidity zone of $1.50-1.60 and this is on the daily time frame. For the last six months, this liquidity zone was a strong resistance and did not let the price go up. 3. Even the most modest assumption regarding the potential for SUSHIUSDT price growth to the range of $3-3.30 from current prices is x2. Moreover, it can still be growth within the downtrend, that is, the price will be below the red trend line. Summarizing: In our opinion, as long as the buyers of SUSHI manage to keep the price above the liquidity zone of $1.50-1.60, there is a good potential for the price to rise first to $2.30, and in the best situation to $3-3.30. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
21
SUSHI/USDT - LONG DAILY BYBIT -- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. -- ------------------------------------------------------- ⚡️⚡️ SUSHI/USDT ⚡️⚡️ Exchange: ByBit USDT Trade Type: Regular (Long) Leverage: Cross (2.0X) Active Trailing Entry Orders: 1) 1.792 - 32.971% (33.6352 USDT) Entry Orders: 1) 1.713 - 0.0% ❌ (Merged) 2) 1.67 - 16.745% 3) 1.622 - 16.747% 4) 1.575 - 16.72% 5) 1.527 - 16.815% Take-Profit Orders: 1) 2.137 - 75.0% 2) 2.449 - 20.0% 3) 2.938 - 5.0% Stop-loss Orders: 1) 1.376 - 100.0% Trailing Configuration: Entry: Percentage (4.5%) Stop: Percent Below Highest (5.0%) - Trigger: Target (1) Opened at 2022-10-30 15:48:15 Client: My-ByBit USDT
Long
by Mahdicryptodotma-pro
SUSHI usdt is one of my favoritesi will set an order to go long on sushi at 1.022$ at x3 leverage. If this order is filled,i will set 3 take profit orders 1.067 4.5% (13.5%) 1.095 7.1% (21.3%) 1.124 10% (30%) I will cut losses if 4Hour candle closes below 0.995 (i will update here) This idea is supported by technical analysis and this week Sushi will announce a new CEO. also,for the time being BTC will probably bounce around 22k which means most alts will bounce as well FOLLOW FOR MORE
Long
by POWcharts
#SUSHI/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Welcome to this quick SUSHI/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason of trade:- SUSHI/USDT PARALLEL CHANNEL brake the green and trandline and buy the retest green zone. PARALLEL CHANNEL green zone. (SPOT CALL) Entry:-$1.24,$1.49 Traget:- 100% Stoploss:- $1.080 Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563
SUSHI/USDT SHORTER TF TRADE SETUP!! Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice. SUSHI is retesting this channel. Expecting a 10-15% pump from here. Entry range:- $3.38-$3.44 Target:-10-15% SL:- $3.30 Lev:- 10x to 20x This chart is likely to help you in making better trade decisions if it did consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
2
SUSHI (SushiSwap) Token Analysis 29/03/2021Fundamentals: SushiSwap (SUSHI) is an example of an automated market maker (AMM). An increasingly popular tool among cryptocurrency users, AMMs are decentralized exchanges which use smart contracts to create markets for any given pair of tokens. SushiSwap launched in September 2020 as a fork of Uniswap, the AMM which has become synonymous with the decentralized finance (DeFi) movement and associated trading boom in DeFi tokens. SushiSwap aims to diversify the AMM market and also add additional features not previously present on Uniswap, such as increased rewards for network participants via its in-house token, SUSHI. SushiSwap primarily exists as an AMM, through which automated trading liquidity is set up between any two cryptocurrency assets. Its main audience is DeFi traders and associated entities looking to capitalize on the boom in project tokens and create liquidity. AMMs do away with order books entirely while avoiding problems such as liquidity issues, which hamper traditional decentralized exchanges. SushiSwap aims to improve on the offerings of its parent, Uniswap, by increasing the impact users can have on its operations and future. The platform takes a 0.3% cut from transactions occurring in its liquidity pools, while its SUSHI token is used to reward users portions of those fees. SUSHI also entitles users to governance rights. SushiSwap was founded by the pseudonymous entity known only as Chef Nomi. Little is known about Chef Nomi, or his or her impetus for forking off from Uniswap. The project has two other pseudonymous co-founders, sushiswap and 0xMaki, also known as just Maki. Between them, they handle SushiSwap’s code, product development and business operations. More recently, de facto ownership of SushiSwap was passed to Sam Bankman-Fried, CEO of derivatives exchange FTX and quantitative trading startup Alameda Research. Bankman-Fried is a well-known participant and cryptocurrency market commentator, regularly appearing in media interviews. SushiSwap attempts to mitigate the traditional risks of depositing funds in smart contracts by upping the governance powers of its users. The anonymity of its developers poses questions beyond a technical standpoint. In September 2020, for example, Chef Nomi was involved in a spat with users after withdrawing 38,000 in Ethereum (ETH) from SushiSwap. The funds were subsequently returned, with Chef Nomi publicly apologizing for doing so and calling the move a mistake. SushiSwap’s in-house token SUSHI is created at a rate of 100 tokens per block. The first 100,000 blocks had a block reward of 1,000 SUSHI. The supply of SUSHI will depend on the block rate. At approximately 6,500 per day, and therefore 650,000 newly-minted tokens per day, there will be roughly 326 million tokens in circulation by September 2021, a year after SushiSwap first launched. SUSHI had no premine, and began to be minted at Ethereum block number 10,750,000, beginning with a supply of zero tokens. Technical analysis: as we can see the price is on the retracement to the lower Levels and apparently we can have a touch on the 61.8% Fibonacci retracement, which can end the distribution and start some Accumulation for the stronger impulsive wave. there are total of 2 targets defined by the Fibonacci expansion of the initial impulsive wave.
Long
by BitonGroup
10