SUSHI BounceSUSHI is starting to flip green on our Premium indicator on the H4 time frame. Looks good for a short term relief bounceby Algo_Edge2
SUSHI Preparing an OpportunityWe got the expected downside, and then some. My primary count consider black C should be in its final stages, which could give us a great long opportunity. But I don't trade waves, I trade price action, so let´s be patient and wait for some sort of reversal.by Stoic-Trader5
Sunday Market Calm: Bitcoin and SUSHI Insights🔍Let's dive into today's analysis. The market is quite range-bound and lacks volatility since it's Sunday and the trading volume is low. As usual, let's start with Bitcoin analysis: 👑 Bitcoin Analysis 1-Hour Timeframe In the 1-hour timeframe, we still have an ascending channel where yesterday, the price stabilized above its midline. However, as mentioned earlier, there is currently no bullish momentum in the market, which is why I haven't opened any positions and remained in a no-position stance. 🔻 Interestingly, the price was supported at 64247, making this trigger more reliable. Upon breaking this short-term support, I will open my short position. However, given the low market volume, it's better if selling volume enters the market simultaneously with the trigger break. The RSI confirmation trigger is 44.53, but due to the ranging market, momentum oscillators are less reliable. 📈 For a long position, the risky trigger at 64530 is still on the table, but I strongly advise against opening a long position in the current conditions. It is better to wait for the market to build more structure. 🍣 SUSHI Analysis Project Overview The coin we will analyze today is SUSHI, which is a DEX platform in the DeFi space. This platform allows decentralized trading of cryptocurrencies. Additionally, by creating Liquidity Pool Tokens (LP tokens) on this platform, you can generate income. This relates to the DeFi sector, and I recommend thorough research before entering this space. Technical Analysis In the 4-hour timeframe, it is evident that there is a downtrend that started from the 1.295 resistance and reached the 0.791 support. Using the Fibonacci retracement, we see that between the 0.791 support and the 0.859 level (which is also the 0.236 Fibonacci level), a range box has formed, indicating a resting phase. The SMA25 has reached the candles and turned the previous candle red. If the SMA25 can inject momentum into the market, we can expect the market to become bearish. 📉 For a short position, I recommend opening a short position upon breaking 0.791, with a target of 0.64. It is crucial that volume increases; otherwise, the trend will weaken. 📈 For a long position, wait for the price to stabilize above the SMA25 and for the RSI to hold above 47.03. You can open a position upon breaking 0.859, but since this is against the trend, buying volume in the candles must be high, and the target should be small. The 0.382, 0.5, and 0.618 Fibonacci levels can be suitable targets for this position. ♟ Personal Strategy I will definitely open a short position upon breaking 0.791 because if this area breaks, a significant bearish momentum will enter the market, potentially leading to a substantial decline. However, for a long position, I will not open one at the moment and will wait for the market to build a structure that fits my long position strategy. 📝 Conclusion Today’s market analysis highlights the importance of patience and strategic positioning. For Bitcoin, the lack of bullish momentum suggests a cautious approach, avoiding long positions until the market shows more definitive signs. SUSHI presents potential opportunities on both the short and long sides, but volume confirmation is key to avoid false moves. Remember, in low-volume conditions like today, it's best to wait for clear signals before making any trading decisions. Always prioritize risk management and thorough analysis before entering the market.Shortby itsparham96113
Sushiswap (SUSHI): Looking For Downward Move / Bearish ScenarioSushiswap is looking interesting after that last rejection from local EMAs, where price has been pushed back to liquidity support zone. We are waiting for that breakdown to happen, which would result in a nice movement to lower support zone. Swallow Team Shortby SwallowAcademy117
SUSHI is in decision pointSUSHI is in decision point, if BTC is trying to test zone betwen 52k-48k SUSHI new target will drop to 0.479$ othervise if SUSHI start to grow up i think long term target will be in range of 7.5$ - 12$. THis is not Trade Advise, make your decision in your own!by VR-Tradez0
BUY $SUSHISushi is a Decentralized automated exchange without any third party controling the back end of the company. Based on CRYPTOCAP:BNB binance chain.Longby LetsGoSurf1
Bisaya Mithod says Sushi must be LongFIB 0.786 is a good entry to Long Sushi. A quick exit at FIB 0.618 and 0.5 is recommended. Longby pmac02Updated 1
SUSHI/USDT Secondary trend. Horizontal channel 11 months = 108%Logarithm. Secondary trend. Time frame 3 days. Long-term horizontal channel (accumulation) with the step of 108%, currently 11 months long. The key “level” of the channel formation is 1.128 (last update, before the accumulation formation). There were no stop loss withdrawals under this channel at the moment. The price is currently at the lower zone of this channel. Potential reversal zone. Working in the channel. This is what it looks like on the line chart. Main trend. Time frame 1 week. by SpartaBTCUpdated 383858
SUSHI - The Worst Is Yet to ComeLooking at this SUSHI/USDT weekly here and I believe the worst is yet to come, for this and some of the other alts as well. Sushi took out the SOS highs, and then fell right back below them. That's a textbook re-distribution, which tells me that we have to take out the lows, at the very least. On top of that, you have this measured move from the head and shoulders that lines up perfectly with the 1.618 down at $0.3777. This is another "low volume coin" on Binance, similar to WAVES, OMG, and XEM. I believe it could also see a similar breakdown. 30 Day Volume is under $5m, just like the 3 that were already de-listed. Even if Sushi doesn't get de-listed, it could still drop just as heavily in the coming days. If you are holding or trading Sushi, be careful!by DigiLex_LLC224
SUSHI/USDT Ready For a Bullish Reversal From a Key Support💎#SUSHIUSDT is making a pivotal retest at the lower boundary of its ascending channel. We expect a bullish rally from the $1.10 support level towards the channel's upper resistance. 💎However, if #SUSHI fails to sustain momentum from the $1.10 support and breaks below, we could witness a continuation of the bearish trend. The next essential demand zone at $1.02 is on standby, known for its capacity to drive significant bullish reversals due to its strong liquidity. 💎 In contrast, if CRYPTOCAP:SUSHI tests this demand zone once more, it's vital for the asset to confirm a rebound to sustain its support level. Any failure in this regard could amplify bearish forces, negatively impact market sentiment, and potentially precipitate further price declines. 💎Keep your trading strategies flexible and your senses tuned, Paradisers. Your ParadiseTeam is vigilantly tracking these developments and ready to navigate you through the fluctuating dynamics of the #SushiSwap market. MyCryptoParadise iFeel the successLongby MyCryptoParadise_Simon12
BUY $SUSHICRYPTOCAP:SUSHI is a decentralized crypto exchange. Based on the Binance coin network. Looking like it will raise in value this short term interval. Longby LetsGoSurf4
Is it time for make decent profit on SUSHI?0.8-1 area was beautiful opportunity enter, but don't worry we got another chance right here. Sushi couldn't break 1.1 area in last month. Fortunately we see big bull candle close above 1.1 area and consolidating over it. That is a great sign to go up and lovely to see it. And beautiful H&S pattern forming right now. If you don't want to take risks and wants to take it slow, I suggest you enter in long position after neck breaks. Longby terayu1
Sushiusdt Buy opportunitySushiusdt has finished 5 downward waves and is anticipated to proceed with a minimum of 3 corrective waves moving upward. We have indicated the buy opportunity area, as well as the supply zone as the immediate target, along with the final setup target. The post will be updated as the market progresses.by wesladUpdated 121245
Keep an eye on the #SUSHI/USDT Diagonal Trendline in 4-Hour TF!Keep an eye on the #SUSHI/USDT Diagonal Trendline in 4-Hour TF! Wait for BO/retest to open a Short position. The local support level is PWL $1.037.Shortby TraderAAG0
Sushi shortSushi broke trough off the lower boundary of ascending channel. Bearish movement to support level at 1.06 is expected to happen.Shortby Cryptobees_buzz4
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. Longby MbjoeyUpdated 3
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. #SUSHIUSDTLongby MbjoeyUpdated 4
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)Longby BallaJiUpdated 7713
#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 $10.00 (long-term)🤓Longby CryptoSkullSignal2
SUSHIUSDT Cup and Handle in the making on Weekly Classic bottom forming formation. Targets on Chart, lets see if it works out. Trade safely and with a proper risk management...Longby SE854
Sushi on its was to 2$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!by TV288Updated 1124
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.Longby cipher17739