SUSHIUSD at $5-7 and $65-120 Myth or Reality ?Today, a review on the trading pair SUSHIUSDT It's been a long time since we looked and analyzed the possible scenarios of the SUSHI price movement.
We don't know about you, but we think that the chart shows that another correction impulse down is about to happen.
The best-case scenario is that the buyers will stop the fall of the SUSHIUSD at $7.30-$7.5 0 and a possible global rally to $65-67 from there.
In the worst case , the fall will be with a renewal of the minimum in the area of $5. Of course, in that case consolidation on bottom will be delayed for a longer period of time, but the global target will grow to the area of $100-120.
Or maybe we don't know something about Sushiswap project and its token SUSHI will have phenomenal growth from the current prices?
Let's share our opinions in comments
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SUSHIUSDTPERP
SUSHIUSDT, Supported upper resistance zone :DHello everybody
Sushi is one of the token of exchange that is working on DeFi ...
How many project do you the fundamental analysis ??
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According to the chart and previous analysis, market exactly supported in support zone area and rised up and give everyone some profit.But now the price after broke the resistance zone its pullbacked to it and now we expect the price that is going up toward the trendline resistance zone.
If you look at carefully you can see the price made 2 bottom but we need acceptance of it.
Dont forget use stop loss and attention to money management when you take in position
Good Luck
Abtin
Previous analysis :
Sushiusdt: Ready for a deep diveHello traders!
I am expecting at least 25% dump in Sushiusdt. BTC is strongly bearish and I am expecting the same dump in Sushi.
Enter sell at 7.23 which is a true reversal point.
Stoploss is 2.1%
Target is 25%
Suggested leverage is 10x.
Don't forget to hit the like button and follow to stay connected.
SUSHIUSDT , The price it can go to touch PRZ levelHello guys
According to the analysis, the price is in one the good support zone and if the price is not supported in here, the price can drop more and in one of the PRZ level that we shown the correction it can finish and the movement that we draw can be happen from each of that PRZ level
Previous analysis :
Good Luck
Abtin
SUSHIUSDT , Our 1st tp reach are u ready for 2nd ???Hello everybody
Everything is shown , dont need any explain
According to our last analysis exactly our buy zone activated and the price reach to the first target and now the other target is shown on chart that is on way of the price
Previous analysis :
Good Luck
Abtin
SUSHIUSDT , Finally downward trend was breakHello everybody
SUSHI is working on DeFi base and it has good news to publish , and can rise the price
According to the chart you see the price was moving in downward trend in long-time and its tired the holders and traders , and now with this powerful candle the downward trend was broken and change to upward trend and we need the price to have some correction of this movement then we can entrance in position , we shown on chart 2 buy zone i if the price drop can activate these zones but with this momentum of movement have chance to not activate these zone , if this theory happen we update new buy zone and target .
Dont entrance in any position with your sense or emotional condtion , take signal with our own strategy then entrance
If you have any question just ask us
Good Luck
Abtin
sushi the best to hold in 2022!
the massive accumulating triangle is crystal clear.
Triangle base acted twice before as a strong support.
RSI has just close 1 day ago below 30 level which is positive indicator
Already 70% down from May cliff. so it should be buy opportunity.
✅ buy: 6-8 ✅
🎯TARGETS:
1- $12.85
2- $16.20
3- $19.10
4- $23.40
5- $28.00
6- $34.00 ( long term)
7- $40.00 ( long term)
💵 Trade Size: 5-10% of Portfolio
🚫Invalidation(SL): daily close below $5.12
SUSHIUSDT CONSOLIDATE BEFORE MOVE HIGHERSUSHI (4H - Chart) - Technical Analysis
This is a legendary coin currently in its longest sideways period.
Major support is in the 6$ area, with minor support at 8.8$.
Seen there is a slight rebound that lifted the price up around 2-3%.
If it manages to survive in the area of the box I made.
SUSHI will pump high when it comes out of its boring period and starts a new bullish phase
Keep in mind leverage trading can be highly risky, trade with not more than 5% of your funds in leverage trades.
*Not financial advice.
If you want me to share these trades here, hit the like button and share your views in the comment section.
Sushiswap: Good Chart, Dicey TechnicalsHey everyone,
So Sushiswap I entered to take advantage of this giant W pattern on the weekly, which should retain the 0.618 fib level and teleport to $16.74; current gain of 64%.
The technicals though look bleak, with 0xMaki leaving his leadership position of Sushiswap, the man who took Sushiswap from a rug pull to a real Uniswap competitor, I think alone has dissuaded a lot of retail investors.
There also is a second issue of a “$1b bug” which a white hat hacker gave to Sushiswap, only to be rejected by the devs.
There was the Miso hack of $3m dollars as well, although fault of the auction contract, still reflects on Sushiswap.
I also am not a fan of the $12.6M given to Celo for liquidity provider rewards, but that’s a small amount given Sushi’s TVL.
Sushi does have some very strong attributes going for it. With Arbitrum and Optimism being the clear next goldmine in crypto (L2), Sushiswap was one of the front runners on Arbitrum, which as we’ve seen with DyDx, L2 can bring a lot of money upstream, fast.
MISO has grown into a very lucrative and successful launchpad, with many launches of successful projects under its belt.
Sushiswap also has been the clear winner in the AMM arena in going multi chain, but very obviously has slowed this effort down and lost on a lot of revenue with its lack of support for AVAX and SOL. With JOE on AVAX gaining huge value and being nothing more than a Sushiswap fork, this was a clear loss on Sushiswap’s part.
Point being, chart looks good, but is this bad news and lack of fast innovation Sushiswap used to be known for the reasoning behind it falling behind the pack?
SUSHI - is going to break this resistance 😱😱SUSHI approaches a key level. With price forming higher lows and squeezing, this is a good signal for a breakout and continued gains.
Buy after a breakout or retest.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.