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SUSHIUSDT trade ideas

Sushi Ignited: Don't Miss Out on This Buy Trade!Sushi (SUSHI) Fundamentals: Decentralized Exchange (DEX): SushiSwap, powered by the SUSHI token, is a DEX built on Ethereum. Unlike traditional exchanges, it uses smart contracts to facilitate peer-to-peer trading without intermediaries. Automated Market Maker (AMM): SushiSwap uses an AMM model, relying on liquidity pools created by users to enable trading. Users can earn rewards by providing liquidity. Governance Token: SUSHI holders have voting rights on proposals that shape the future of the SushiSwap ecosystem. Recent News (as of March 15, 2024): Price: SUSHI is currently trading around $2.04, with a slight dip in the last 24 hours. Market Cap: The market capitalization of Sushi is around $481 million, ranking it roughly #174 among cryptocurrencies. Disclaimer: This information is for educational purposes only and should not be considered financial advice. The cryptocurrency market is volatile, and past performance is not indicative of future results. Always conduct your own research before making any investment decisions.
Long
by MoonTradingForecast
SOME SUSHI ?!Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. SOME SUSHI?! 👉As we can see bulls took over finally after breaking above our major swing high, posted before on my profile, check it out! Then what's next? Price is now overall bullish trading inside this channel sitting around a resistance zone, Meanwhile, for the bears to take over, we need a break below the marked swing low, then a movement lower would be expected. 👉Unless price managed to break above our resistance zone with a momentum candle close, then a movement higher would be expected If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!
Short
by Hadi_karaali
📈 SushiUSDT Analysis 🚀🍣📈 SushiUSDT Analysis 🚀 In this analysis, we'll be taking a closer look at the SushiUSDT trading pair. Let's dive in and see what the charts are indicating! 📊 🔍 **Monthly Liquidity Assessment:** External monthly liquidity has been taken into account, which is a positive sign for the market. This suggests that there's a healthy level of participation from external traders, potentially indicating growing interest and a more robust trading environment. 🌐💰 🕯️ **Monthly Candle Closing Above:** The monthly candle closing above a certain level is a key technical signal. This could signify strong bullish momentum and potential upward movement in the price of SushiUSDT. It indicates that buyers have been consistently active throughout the month, and this could lead to a continuation of the positive trend. 🕯️📈 💼 **Trading Decision:** Based on the factors mentioned, it seems that the conditions are favorable for a potential spot entry. The external monthly liquidity and the positive close above a certain level both align with a possible bullish scenario. Traders might consider entering the market for potential gains. 🚀📉 📈 **Price Projection:** While we can't predict exact price movements, the combination of external liquidity and the bullish candle close suggests a potential upward trajectory for SushiUSDT. However, as with any investment, it's important to conduct thorough research and consider risk management strategies. 📉🧐 🔑 **Key Takeaways:** - External liquidity participation indicates growing interest from traders. - Monthly candle closing above suggests strong bullish sentiment. - Consider the potential for a spot entry, but exercise caution and manage risks effectively. Remember that trading and investing carry inherent risks, and market sentiment can change quickly. Always make informed decisions and stay updated on market developments. Happy trading! 💹🚀 (Note: This analysis is for informational purposes only and should not be considered financial advice. Trading cryptocurrencies involves risk, and it's important to do your own research before making any investment decisions.) 📊🚫📉
Long
by Asif_Brain_Waves
✴️ SushiSwap (1 Through 4) Entering New Long-Term Bull-MarketWe've divided this chart in 4 parts: (1) The bullish phase for SushiSwap happened late 2020 through early 2021. (2) The bearish phase happened from early 2021 through mid-2022. (3) The accumulation+bottom (recovery phase) happened between mid-2022 and mid-2023. Still on-going but reaching its end. (4) Next, the market will enter a bullish phase. A new long-term bull-market. It is pretty exciting... Can't wait to see, feel, hear and experience major growth in the year 2024. Follow me and we will ride this wave together. Thanks a lot for your support. Namaste.
Long
by AlanSantana
10
SushiSwap (SUSHIUSDT): Potential 160% ProfitAfter 658 days, SUSHIUSDT is expected to close above $1.838 and initiate a bullish rally. Two stop-loss levels are suggested: First stop-loss: 31% at $1.328 Second stop-loss (recommended): 52% at $0.931 First target: $4.931 For spot trading, a risk-free approach is recommended, where only a portion of the investment is allocated. RSI is currently overbought, indicating a high buying pressure and potential risk. If SUSHIUSDT can stabilize above 73.35, it can move between 77.54 and 84, which can be a significant price increase. SMA7 is located behind the weekly candle, which can further support the upward movement. This analysis is solely my opinion and should not be considered as financial advice. Any investment decisions should be made at your own risk and after conducting thorough research
Long
by saeedalipour93
SUSHI Has formed a Bullish FlagSUSHI Has formed a Bullish Flag. After breaking above the Resistance the price has formed a trend continuation pattern. 🔵Entry Zone 1.506 - 1.564 🔴SL 1.3412 🟢TP1 1.6075 🟢TP2 1.7974 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments.
Long
by JosephMcKenzie
SUSHI/USDT Could Bounce from the support and break the pattern ?💎SUSHI has recently demonstrated noteworthy market dynamics. It is currently positioned on the support trendline of a Bullish pennant pattern, which is typically considered a bullish pattern. 💎 Furthermore, the daily close shows a hammer candlestick, suggesting potential bullish momentum if today's candle closes in the green. 💎 In such a scenario, SUSHI may climb upward toward the resistance of the pattern in an attempt to break out. A successful breakout probability could lead to a test of the strong resistance area. 💎 However, if SUSHI breaks below the support trendline, it will invalidate the Bullish pennant pattern, and there is potential for the price to move downward toward the demand area at 0.87, initiating a new momentum. 💎 The demand area holds significance as it may serve as a potential bounce point for the price, allowing it to reverse and move upward. Nevertheless, if the demand area is breached, this would be a bearish signal, indicating that the price is likely to continue its downward trajectory, ultimately reaching the strong support area.
by MyCryptoParadise
2
SUSHI/USDT Potential move from Key Support? 🚀Sushi💎 Paradisers, prepare for an exciting trading opportunity with #SUSHIUSDT, as it steadies itself within a crucial support zone, hinting at an impending market direction. 💎 A closer look at #SUSHI recent performance reveals its struggle to eclipse its last peak, casting a shadow of bearish sentiment. However, prospects for a bullish reversal are brewing at the support level of $1.212. With the wind at our backs, we're setting sights on a rally that aims to break through the next resistance barrier. 💎 If the drive behind CRYPTOCAP:SUSHI starts to wane, we're banking on a bullish resurgence from the established demand at $1.103. Yet, should it breach below this pivotal point, we might be witnessing the onset of a more significant bearish trend.
Long
by MyCryptoParadise
6
BINANCE:SUSHIUSDT - Triangle formation confirmed, waiting break--------------------------------------------------------------- Description --------------------------------------------------------------- + SUSHI formed a symmetric triangle and waiting on breakout + Symmetric triangle formation will be a good opportunity for a trade entry + The target for the trade is next resistance. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 1.132 Stop Loss: 1.046 ------------------------------ Targets 1:1.166 Targets 2:1.200 Targets 3:1.273 Targets 4:1.382 ------------------------------ Timeframe: Capital: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Note: Don't forget to keep the stop-loss. --------------------------------------------------------------- Agree or Disagree with the ideas ? lets discuss in the comments. Like and follow us for more ideas. Regards VectorAlgo
Long
by VectorAlgo