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SUSHIUST trade ideas

Sushi vs USD - Bullish divergenceOn the above 1-day chart there is a 94% correction since the beginning of August and following oversold condition (orange bar). There is now increasing signs a reversal may be imminent. What signs? 1) Regular bullish divergence. All three oscillators are printing higher lows with lower lows in price action over a period of 30 days. 2) The last candle printed on the weekly chart (below) closed higher with a long wick to the downside indicating there were many buyers at this level. Risk / reward is excellent. 1st target $1.26 / 100% gain
Long
by without_worries
SUSHI, near the downtrend line.The following are machine translations: In the 4-hour chart, another period of decline began on June 1, and a downward trend line was formed on the way down, which was supported near 0.9. In the sideways fluctuation, it has now reached the vicinity of the downward trend and has been significantly suppressed. The indicator macd energy column is running above the zero axis, with a bullish trend, the fast and slow line is about to go up to the zero axis, if it goes up completely to the zero axis, there is a high probability that it will break through the downtrend line. The RSI indicator is trending up above the neutral 50, which is bullish. In terms of operation, if it breaks through the downtrend line to do long, there will be a period of rebound, and if it fails to break through, it may continue to oscillate within the range of the support line and the downtrend line.
by LochubT
SUSHI; Impending Reversal Incoming!Hello Traders! CTDave here again with another daily price analysis chart. Today I will be analyzing SUSHI. As you can see from the two charts, SUSHI is forming a downward bullish breakout triangle. Now, the support line lies at around ~$0.50. Also, the RSI is diverging and it shows lower tops which means an impending reversal, and since the RSI going down, the reversal is going to happen in the upwards direction. So in my opinion, SUSHI is going to get down to the support line before making a new ATH soon. Thanks for reading! As always, I encourage everyone to please like, comment, and share my ideas, and follow me for more of these posts to be kept updated. Happy trading! Thank you! Note: I am not a financial advisor, please do not trade solely based on my trading decisions. Do your own research or consult a professional financial advisor before conducting a trade.
Long
by CTDave
6
#SUSHI/USDT 4Hr ( inverse H & S) RE_TEST Best Entry !!Hello, members welcome to SUSHI /USDT 4hr chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome in this chart. As we can see in the above-mentioned chart that SUSHI formed an inverse head and shoulder pattern and currently trading on green support or buying zone, Her ewe can take entry for some good % of profit in upcoming days. We can take entry on the spot, margin, or futures on low leverage. Entry:-$1.52, $1.60 Target:-100% Stop-loss:-$1.380 Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
#SUSHI/USDT 4Hr ( inverse H & S) Best Entry !!Hello, members welcome to SUSHI/USDT 4hr chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome in this chart. As we can see from the above-mentioned chart the SUSHI /USDT broke the inverse head and shoulder pattern and retested the green zone now, at the current scenario we are expecting that SUSHI will go up all the way to $1.5 means almost 100%. So if it moves to the green zone again then it will be the zone to go long on SUSHI /USDT Entry:-$1.543, $1.606 Target:-100% Stop-loss:-$1.380 Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
#SUSHI/USDT 4HR CHART UPDATE !! Hello, traders welcome to another ALT COIN chart update. As we can see at the above mentioned chart that SUSHI/USDT formed an inverse HEAD & SHOULDER pattern and it broke the neck line. Now, we can take entry at cap and add more, some % below the current price level for almost 100% profit in upcoming weeks. Entry:-$1.54, $1.5 Target:-100% Stop-loss:-$1.380 NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
by Domino_Crypto
1
SUSHI, oscillating upward trend.The following content is machine translation: In the 4-hour chart, the lowest point fell to $1.082 on May 12, which was the lowest point since November 26, 2020, and then began to fluctuate slightly upwards. The low point was pulled back from the upward oscillating trend to form a rising trend line, which is also support. The line has been on the trend line from May 12 to now, and it is expected to continue to rise in this way in the future. On the indicator, the fast and slow line of the macd indicator is on an upward trend. It is currently sprinting towards the zero axis at a point below the zero axis, and it is expected to accelerate the rise if it rushes up. The RSI indicator is currently operating at neutral 50, which is bullish. In operation, the market runs along the upward trend line, the indicator is in line with the bullish trend, go long, and effectively fall below the downward trend line and stop loss, with a target of $1.8 or $2.
Long
by LochubT
2
SUSHIUSDT ! Breakdown of the descending channelSUSHIUSDT drops by 78% from its maximum value of 5.000 and stops at the support of 1.09. After a long consolidation, the cryptocoin starts to tighten up against the resistance of the downward channel. After testing, the price does not fall, returns after pre-breakout consolidation to a close retest and breaks through, thus breaking the downstream channel. Coin in the range between 1.679 and 1.09. The resistance level has been broken. I assume that the price will fix above the upper limit of the range with subsequent growth. The potential is big. In the short term, I expect growth to resistance 2.237, and in the medium term to 3.07 Sincerely, R. Linda!
Long
by RLinda
22
SUSHI/USDT 1D CHART UPDATE!!Hello, community members welcome to this SUSHI/USDT 1D chart update. Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update on a regular basis. Now, Let's get to the chart, As we can see from the above-mentioned chart that SUSHI/USDT currently trading below the mid-trend line of this parallel channel pattern. If sushi follows the previous rally then from here sushi can pump towards the upper trend line and we can gain almost 50% profit. Sushi must break above this mid-trend line and retest to move upside. TRADE SETUP Entry - $1.63 - $1.70 Target - 40% - 50% Hold on spot or use leverage 5x - 10x SL - $1.55 NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR OWN RESEARCH BEFORE TAKING ANY TRADES. Thank you
Long
by Domino_Crypto