SUSHIUSDT, Supported upper resistance zone :DHello everybody
Sushi is one of the token of exchange that is working on DeFi ...
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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 trade ideas
SUSHIhello everyone...
There's a breakdown attempt on current daily candle which is making us this opportunity to take SHORT on the movement after breaking below the dynamic support zone .
There's a formed descending channel on daily time-frame for on #SUSHI's chart.
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Considering the movements of Bitcoin and its whales ... I think there is a possibility of ascent
Targets are mentioned on chart !
SUSHI/USDT : Opportunity to take SHORT after breakdown ! Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
There's a formed descending channel on daily time-frame for on #SUSHI's chart.
Also now, There's a breakdown attempt on current daily candle which is making us this opportunity to take SHORT on the movement after breaking below the dynamic support zone.
However I would set two separate invalidation forms to avoid any possible losses; But it's still hardly suggested to have active management on such a movements !
The entry could be the breakdown confirmation as a retest on $6.6 or into the continuation of huge sell of in master candles...
The invalidation should be placed with two configuration,
- Any breakout confirmation above $6.6
- Any candle close above $7.500
Targets are mentioned on chart !
As always be safe.
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Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
SUSHIUSDT- Woop, look at this coin :
- Price is reacting strongly at local support $6.4-$6.9. Here, bullish engulfing pattern had been created.
- As long as local support hold, highly big bullish toward next resistance $10.
So, What is trading strategy????
Buying zone : Current price.
Stop-loss : Below $6.
TP: 1. $10, 2. $12, 3. $14.
Sushiusdt: Ready for a deep diveHello traders!
I am expecting at least 25% dump in Sushiusdt. BTC is strongly bearish and I am expecting the same dump in Sushi.
Enter sell at 7.23 which is a true reversal point.
Stoploss is 2.1%
Target is 25%
Suggested leverage is 10x.
Don't forget to hit the like button and follow to stay connected.
last analysis played out exactly as predicted! ✅sushi rejected of that trendline resistance we mentioned here on tradingview around 10-11!
congrats to the shorts, I know you ate well on this dump! 🍻
Now its time to consider going long, sitting above local/trend support, target would be trend resistance.
like and follow for more 💘
SUSHIUSDT: Bullish Sushi with Bullish Divergence on 4HRStrong support range around 6.3$ - 7$
Bullish divergence in 4H frame, been waiting a while for this one lets see if it will be worth it.
resistance at : 8.8$ - 10$
keep your eyes on btc chart if it breaks 41k-40k support.
2 things you should know :
- During a downtrend: being bearish in the bigger timeframe doesn't mean you have to be always bearish in the smaller timeframe;
- And during an uptrend: being bullish in the bigger timeframe doesn't mean you have be always bullish in the smaller timeframe.