SUSHIUSDT trade ideas
SUSHI trading below 200days range low: short setupSushi price action is accepting below its 200days range low.
The longer price stays here the higher the probabilities of further rejection and decrease.
When the price starts trading again in the range, shorts must be closed.
0.62extension results in -30% drop similar to several other projections.
SUSHI CAN DROP AGAINHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the SUSHI symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SUSHIUSDT is creating the head and shouldersThe price is creating the head and shoulders on 4h timeframe after a pullback until 0.5 Fibonacci level on the daily timeframe
How to approach it?
IF the price is going to lose the neckline and restest it as new resistance, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
SUSHI LONG TRADE 20221212Signal: Blue in High Timeframe
Important Support
SUSHI, SUSHISWAP, SUSHIUSD, SUSHIUSDT, SUSHIUSDTPERP, CRYPTO,CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
SUSHI feeding us?We've seen SUSHI with great momentum even with BEARs pressure, now, it has formed a falling wedge after a huge downtrend, and there is a support level around 1.142 which is good now for the Low Volatility, areas of possible PULL BACKs are drawn on the chart.
NOTE: DYOR, and be cautious to place stop loss.