SUSHIUST trade ideas
Sushi shortSushi broke trough off the lower boundary of ascending channel. Bearish movement to support level at 1.06 is expected to happen.
#SUSHI/USDT#SUSHI
We have a bearish channel pattern on a 12-hour frame, the price moves within it, adheres to its limits well, and is expected to break it upwards strongly.
We have a support area at the lower border of the channel at $0.800 from which the price rebounded
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that is about to break higher, supporting the price higher
Entry price is 1.10
The first goal is 1.44
The second goal is 1.78
the third goal is 2.20
Potential Long on SUSHIUSDTBINANCE:SUSHIUSDT eventually broke through 1.0719 area and is doing a retest of that area. If the zone is maintained as a new found support, we just might see some new highs on #SUSHIUSDT.
SUSHIUSDT Potentially BullishBINANCE:SUSHIUSDT breaks out of the immediate resistance at 1.0719 and is currently retesting the same area as a new found support. If the zone holds, we just might see new highs. However any further dip will present another opportunity to go long for me. #SUSHIUSDT
SUSHI --- Bull run targetsIt's a Cycle 2 coin
with a Cycle 2 narrative #DEFI
So don't expect new high's
Still ... money can be made in Defi, DEX's . Yield ...
It's just not that sexy .
Is what it is friends, we can't fight the Market.
May be we get a right shoulder fill out and then breakout for these linear and log targets.
Best of Luck
(Higher price more risk now ofc)
#sushi Price is breaking out from a descending triangle pattern#sushi
Price is breaking out from a descending triangle pattern and retest is currently ongoing👀
A successful bounce could lead CRYPTOCAP:SUSHI to test resistance levels at $2.075 (medium-term) and $10.00 (long-term)🤓
SUSHIUSDT Cup and Handle in the making on Weekly Classic bottom forming formation.
Targets on Chart, lets see if it works out.
Trade safely and with a proper risk management...
Sushi on its was to 2$Easy setup again :)
Daily consolidation above yearly open with a breakout on this daily candle.
Should pump straight to 2$ within few days I think, given the high volatility of Sushi.
Stay safe!
Sushi outlookSushi longs with a potential 5x from here.
Accumulation > Fake-out to downside > Distribution to the upside.
Looking to heavy partial at 500% but will leave some capital in case of running more.
SUSHI/USDT BYBIT:SUSHIUSDT.P
This idea has a medium-term profit target.
All targets are indicated on the graph.
- Risk 1% on deposit
- R/R 1/2
P.S (This is not an investment recommendation, this is my personal opinion.)
SUSHIUSDT Potentially for a LongBINANCE:SUSHIUSDT broke slightly above the 1.7283 area. With the reversal pattern taking formation, BINANCE:SUSHIUSDT will likely be in for a long position. This does not mean that there may not be some further dips, but with the dips comes an opportunity to buy more.
Past results does not guarantee future results, do your due diligence before taking any trade idea.
SUSHI LONG SETUP ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer
SUSHI UPDATE (1D)The diametric that we specified in the previous analysis is still valid.
After the completion of the D wave, it can be pumped for the E wave.
The target can be the red box.
The green range can be a low risk range for buy/long positions
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
The Ripple Effect: XRP/USD ambitious Targets Or Lost AauseAh, the rollercoaster ride of XRP/USD trading since 2021! We may have missed the boat on our buying opportunity, but hey, who doesn't love a good challenge? Hoping for a nice, healthy drawback, we set our sights on a retest of the previous support level at $0.6 before shooting for the stars. But of course, the universe had other plans – cue the resistance at the previous ATH. Classic!
Creating a harmonics pattern, we danced around that $0.6 support, only to break it on our final push to the harmonics pattern TP, sending us tumbling down to the $0.30 levels. What a thrill! Talk about a bullish channel forming right before our eyes.
Now, we're eagerly awaiting that break of the $0.60 support on the lower timeframes. Come on, little buddy, you can do it! Once that's in the bag, we'll be sipping on confidence cocktails as we watch it transform into support once again. But hey, if not, brace yourselves for a plunge to the next structural zone. Yikes!
Dreaming big, we've got our eyes on the $4.00 range. Ambitious? Perhaps. More likely? Well, let's just say we'll settle for reaching that precious ATH – if we're lucky!
Remember, folks, it's all about probability – no trading advice here, just good old-fashioned risk-taking. Dollar-cost averaging is the name of the game, and hey, maybe investing is just a tad bit safer than trading – but where's the fun in that?
Here's to riding the waves of the crypto market – may the odds be ever in your favor!
Keywords: XRP/USD, trading analysis, humorous trading, Ripple effect, support levels, resistance levels, harmonics pattern, bullish channel, targets, risk-taking, dollar-cost averaging, investing, probability, trading advice.
SUSHI 5th WaveSUSHI seems to be finishing a 5-wave cycle and a larger correction should be expected soon.
I don´t rule out that wave 5 may still be in progress as an ending diagonal, but I would only take quick scalp trades at current levels.
An interesting pullback zone is the 1.3-1.4 region, which is a key support-resistance level and matches the 50% retracement level.
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SUSHI/USDT Showing a bounce from the support, Potential upward!💎 SUSHI has recently demonstrated significant market dynamics, rebounding from the support area, indicating a potential continuation of its upward movement towards the resistance level around $2.15.
💎 If SUSHI breaks out above this resistance area, it could facilitate an easier path toward reaching our target area.
💎 However, if SUSHI faces rejection at the resistance area, there's a possibility of a retracement to test the support region between $1.65 and $1.45.
💎 When SUSHI approaches the support area, it's crucial for it to bounce, given the area's importance.
💎 Failure to hold this support level could lead to further downward movement, potentially testing lower demand areas. If SUSHI breaks below this support, along with the trendline support, it would confirm a bearish trend, leading to further downward movement.
SushiSwap (SUSHI) Breakout: $1.94, $2.00, and $2.15 Key LevelPredicting a potential breakout for SushiSwap (SUSHIUSDT) in the coming days. The token is currently hovering around $1.80, and a decisive break above this level could see it surge towards $1.94 in the daily timeframe.
This bullish momentum could extend further, with eyeing $2.00 as a key resistance level. If SUSHIUSDT can reclaim this level on the daily timeframe, it could pave the way for a climb to $2.15, a significant resistance point.
However, failure to break above $1.80 could lead to a pullback down to $1.50. Investors are closely watching this price point as a potential support level.
SUSHI - ALT SEASON APPROACHING (MARCH 2024)SUSHI - ALT SEASON APPROACHING (MARCH 2024)
I believe eventually Alt season is coming. I have demonstrated here what it can look like on SUSHI as an example. DO NOT MISS THIS OPPORTUNITY.
Sushi Price Has Indicated Signs of a Bullish TrendSushi ( CRYPTOCAP:SUSHI ) price indicating readiness to move higher after it recently overcame a key hurdle. If the market outlook remains unchanged, and most of the Altcoins resume their Bullish streak? then CRYPTOCAP:SUSHI could trigger a massive upswing.
Sushi price consolidation above $1.012 lasted which for 2 months, leading to a 109% rally in the next five weeks. This move bridged another critical hurdle at $1.628 and currently maneuvers above it. But with Bitcoin's ( CRYPTOCAP:BTC ) price finding a new support level? investors need to exercise caution.
If CRYPTOCAP:BTC continues to move sideways or trends higher, then the Sushi ( CRYPTOCAP:SUSHI ) price could start a bullish trend. However, Sushi's ( CRYPTOCAP:SUSHI ) Relative Strength Index (RSI) which is 48.96 poses as a moderate indicator to accentuate the bullish thesis on Sushi ( CRYPTOCAP:SUSHI ).
A potential correction to the support level at $1.267 could be likely. So, a bounce around $1.267 or $1.628 will be good accumulation zones for patient CRYPTOCAP:SUSHI buyers. Assuming the Sushi price bounces from its current position a retest of the $2.785 resistance level would constitute a 70% gain.
On the other hand, if Sushi ( CRYPTOCAP:SUSHI ) price breaks the $1.267 support level, it would signal weakness. If the selling pressure continues to build, SUSHI could slide lower and tag the $1.012 barrier.
SUSHI interesting for long-term investment
SUSHI would be at good prices to buy and hold for mid and long-term. Indeed, prices revisited the ATL and bounced. Moreover, on 2W TF, a bullish divergence is about to be confirmed (in 9 days to this candle, in green expectedly).
The mid-term target would be the trendline resistance and the long-term one is the previous ATH.
Thank you in advance for any catalyst about SUSHI?
