SUSHIBTC trade ideas
SUSHI BTC dailySushi needs to hodl support on the current range to continue further uptrend momentum.
Overall neutral at this point.
If the descending triangle breaks we could see some upwards or downwards momentum.
Need more conformation before we can see how this will play out.
SUSHI LONG- BOTTOM IN MA 200 DONESUSHI AGAIN IN THE LOWER PART OF THE DARVAS BOX, BEING HOLD BY MA 200, VOLUME ENTRYING. CRITICAL ZONE AS IN SEPT 2020. READY TO FLY
BUY IN 2620
TARGET-
1)3100
2)3600
3)4100
4)4500- +70%
ENJOY
Crypto|SUSHI/BTC|Long and shortLong and short SUSHI/BTC
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at the prices behind the activation zone.
Working out the support and resistance levels of the consolidation zone.
* Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the idea according to your data, but without the support of the author.
+ ! - zone highlighted by the ellipse is a zone of increased resistance, in this area there is a possible reversal for a correction, please take this factor into account in this transaction.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
The breakdown of the upper blue zone - long.
Breakdown of the lower blue zone - short.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Blue zones - activation zones.
Green zone - take zone.
Red zone - stop zone.
Orange arrows indicate the direction of the take.
Red arrows indicate the direction of the stop.
Priority - The value of the priority parameter implies the author's subjective opinion about the more likely activation zone on this idea, this does not mean that this idea will be 80% activated by this parameter, the purpose of the parameter is to provide for the risk of the inverse of the zone parameter.
Example: "Priority Long: So the author inclines more in the direction of the activation zone open long trades, in this case, when reaching the activation zone in short you should be very careful, because this area may be highly likely to be punched about the breakdown/do not get to take/activate transaction from go to stop."
Please consider this parameter if you use my ideas.
SUM PNL: This parameter displays the total % of all closed ideas of the "new" format (according to the author) for this sector at the time of publication of the idea. The calculation is very "clumsy" just the sum of the profits of all the ideas, based on this indicator, you can more accurately assess the risks when working with my ideas of this sector. I present you the construction of the idea, you can use it yourself as you like based on your subjective view and risks, the calculation of the PNL indicator is carried out only on transactions that the author closed on TV in manual mode or by take.
P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
Sushi (SUSHIBTC) – Potential 87% gains BUY: 0.000342 – 0.000355
TARGETS:
1) 0.000446
2) 0.000544
3) 0.000640
STOP: 0.0003 (when a 4h candle closes below this price)
Rationale:
-Price has been forming a pennant for the last 39 days and is holding above the 100 EMA which has been a strong resistance throughout the uptrend.
-Price broke above the purple diagonal trendline and has re-tested it, turning it to support.
-After bouncing from the trendline it touched the top of the pennant, and price fell back to the closest support level. This is our buy zone.
-We remain bullish as long as price stays above the lower boundary of the pennant. If price breaks below the lower boundary of the pennant it will re-test the purple trendline.
-If the purple trendline breaks, this idea is invalidated, hence the stop is below the trendline.
Your risk, your reward. This is not financial advice.
Happy trading.
SUSHIBTC - Long - Potential 9.38%SUSHIBTC - Long - Potential 9.38%
Exchanges: Binance
Signal Type: Regular (Long)
Entry Zone:
0.0003122 - 0.0003181
Take-Profit Targets:
1) 0.00033336
2) 0.0003474
Stop Targets:
1) 0.0002994
Trailing Configuration:
Entry: Percentage (0.0%)
$SUSHI* Price is above 200 EMA
* Forming a giant cup & handle formation
* Bullish Stoch RSI Cross
* Bullish MACD
* Listing on Coinbase Pro
sushibtcsushi is forming a reversal head and shoulder pattern when it has completed, we fact with a cup pattern ,in other hand i think we shouldn't ignore this point.
SUSHI, risky setup..be reactive here with entriesYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
********************************************CHECK MY LATEST ANALYSIS DOWN BELOW********************************************
$SUSHI, Starting to look interesting again..$SUSHI
Starting to look interesting again..
Volume trying to get momentum (increasing) as its going for a retest of 'ath' level at 44k sats..
UCTS is also signalling buys across LTFs (while 1D is flashing time to time)
Worth setting alerts on a potential breakout.
#SUSHI
SUSHI/BTCI think sushi/btc make beautiful cup and handel but we should wait for confirmation. As you see btc is in good position so the alts can gain more
