SUSHIUSDT trade ideas
🌟🔍 SushiSwap (SUSHI) in a Prolonged Accumulation Phase 🍣🔐
📊 SUSHI's Accumulation Box: SUSHI has been in a 610-day accumulation box, with a notable exit and subsequent return to the box, indicating strong interest from traders and investors in purchasing at these levels.
📈 Volume Surge on Return: The return to the accumulation box was marked by significant volume, underscoring the buying interest in SUSHI.
🛒 Long-Term Holding Strategy: For long-term holders, buying after $1.568 seems favorable. However, it's advised to use a wide stop loss to remain in the position comfortably.
🛑 Stop Loss Recommendation: A stop loss below $0.922 is recommended. This might seem large, but it's crucial to consider the overall risk management strategy.
🔍 Futures Trading: For those interested in futures and looking for long positions, considering entry after $1.370 could be strategic.
🚫 Risk Management in Futures: Comparing the stop loss in spot trading with futures, a 2.5% stop loss with 20x leverage in futures equates to a significant risk. Hence, the notion of a 'large' stop loss in spot trading should be reconsidered.
📉 Accumulation Box Breakout: When constructing a digital asset portfolio, waiting for a weekly breakout of these significant accumulation boxes is often a prudent strategy.
📣 What's your view on SUSHI's current accumulation phase and breakout potential? Are you planning to hold, trade, or wait for further signals? Share your strategies and insights! 💬🌐 #SUSHICoin #CryptoStrategy #TradeCityPro
📚 Remember: The crypto market's inherent volatility demands careful planning and risk assessment. Ensure your investment decisions align with your financial goals and risk tolerance. 🧠💼
SUSHI wait for entry
SUSHI forms a "Bump-and-Run Reversal Bottom" pattern. Prices are about to break the trendline resistance.
If breakout happens, trade is activated with TPs (blue lines) and SL (red line) mentionned in chart.
For long-term investment, I've posted an analysis some months agos (see link below).
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
SUSHI after breaking above the short-term resistance can go upSUSHI after breaking above the short-term resistance can go up. Here is the potential entry zone with TPs and SL
🔵Entry Zone 1.224 - 1.280
🔴SL 1.1304
🟢TP1 1.3909
🟢TP2 1.4697
🟢TP3 1.6079
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.
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Sushi Analysis (4H)It has a bear structure. OF (order follow) always follows a bear.
It is expected to move from the red box to the nearest Demand
We have specified the target on the chart. We also specified the invalidation level. Closing a daily candle above this level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
SUSHI/USDT Perfect bounce on the support, Could Continue UP ??💎 SUSHI's market activities have recently been under the spotlight. It has shown a remarkable bounce back from its support area, indicating a significant recovery. This upward trajectory suggests that SUSHI could potentially continue to rise and attempt a breakthrough of the strong resistance area, aligning with our targeted projections.
💎 However, if SUSHI struggles to maintain its upward momentum towards the resistance trendline, there's a chance it might revert to a downward movement, returning to the support area to regain momentum.
💎 A critical point to watch is if SUSHI revisits the support area but fails to hold this level. In such a scenario, a breakdown of the support area could occur, leading SUSHI towards the demand area.
💎 Under these circumstances, there's a possibility of an even further decline to the stronger support levels. The market's response at these pivotal support zones will be key in determining SUSHI's subsequent market direction.
Emerging Trends: What the Future Holds for SUSHIUSDT Traders!SUSHIUSD symbol analysis of cryptocurrency market in long term time frame Currently, the market is in a downward trend and it can continue to decline as long as it maintains the downward trend line. Move towards the previous ceiling to the range of 20,000. The most important number is 1.200, which will be the support range if the upward trend line is broken
SUSHI/USDT Eyeing Bullish Prospects from Demand Zone?👀🚀 Sushi 💎 Paradisers, let’s zoom in on #SUSHIUSDT as it’s currently exhibiting a significant market pattern. Positioned in a demand zone, it is indicating a potential for an upward move.
💎 A recent analysis of #SUSHI shows that after retesting the descending channel, it has started an upward trajectory. Currently, with its momentum building up in the demand zone at $1.220, there’s a high likelihood of a bullish move from this level. Should the price maintain its momentum here, we can expect SUSHI to target overcoming the bearish Order Block (OB) above.
💎 However, in the ever-changing landscape of crypto trading, it’s essential to be prepared for different market scenarios. If #SUSHI struggles to keep up its momentum above the demand zone, a strategic shift may be necessary. In such a case, we might need to focus on a bullish rebound from a slightly lower support level at $1.159. Importantly, if CRYPTOCAP:SUSHI breaks below this support level, it could signal the onset of a bearish trend. . 🌴💰
SUSHIUSDT pump soonhi traders
Sushi has been in a consolidation for a while but now it may be a time to blast off again.
The price remain under the resistance but once we get a successful breakout , it should pump hard
2 $ is a target
If the upsloping support fails, more downside may be likely .
For now, we are bullish on SUSHI.
🚨 Trade Alert: SUSHI/USDT (3-5x)🚨 New Trade Alert 🚨
✅ SUSHI/USDT (3-5x)
📈 LONG Entry Zone: 0.98 - 1.091
⛔️ SL: 0.9143
🔒 Breakeven Move: When it moves close to TP2
🎯 Take Profit:
Short Term: 1.101 - 1.11 - 1.13 - 1.17 - 1.25
Mid Term: 1.35 - 1.55 - 1.85 - 2.15 - 2.75 - 3.4
📝 Ensure you set entry orders to balance the trade's entry and aim to secure 30% of profits within the first two targets. Once profits are gained, adjust the stop orders to match the entry points or break-even levels.
⚠️ Disclaimer: Historical earnings cannot assure future outcomes. Is there a potential for risk? Certainly. The entire financial market is susceptible to uncertainties; any underlying factor or abrupt shift in market sentiment could overturn the current market trends and lead to losses. Refrain from undertaking undue risks that might jeopardize your financial stability. You are under no obligation to engage in this trade; kindly avoid the trade if you disagree with the trade analysis.
GIS TRADING®
