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SUSHI / UST

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SUSHIUST trade ideas

SUSHIUSDT AnalysisHello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market and lower target: 12.5 - 15.5 - 19.5 after first target reached move ur stop to breakeven stop: ~im w/o stop (depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 4 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to your questions or suggestions.
Long
by trytofeelpositive
3
Sushi Breaking Above Downtrending Resistance Line. Will It Hold?Hi all, wishing everyone lots of happiness and love! Sushi has been in a daily downtrend since the 9th of November. However, it has now broken above the downtrending resistance line on the 4hr chart, which has been suppressing price as shown in the image. The price is pulling back toward the resistance line. If price comes back and HOLDS it as support, this will be a great low risk set up to use that line as your support and stop loss area if you decide to long. Firstly, there is some bullish divergence forming on the 4hr timeframe. The MACD is forming higher lows, while price was making lower lows. There was also some nice increasing bull volume on the breakout which we certainly want to see for a sustained upward move. The daily chart is also oversold on the RSI providing another juicy reason to long. Both the Stoch RSI is trending upward and the MACD is about to cross bullish on the daily timeframe. I will be waiting for the resistance line to turn into support before initiating a long position. Hopefully the bear volume subsides on the pullback which will be another clue. My take profit will be just under the daily downtrending resistance line that has formed at around ~$11. The key is to be patient and let the trades come to you as you hypothesise and envision them, otherwise the market will eat you up whole with no mercy! Good luck!
Long
by RagsToRichesRatio
SUSHIUSDT , Finally downward trend was breakHello everybody SUSHI is working on DeFi base and it has good news to publish , and can rise the price According to the chart you see the price was moving in downward trend in long-time and its tired the holders and traders , and now with this powerful candle the downward trend was broken and change to upward trend and we need the price to have some correction of this movement then we can entrance in position , we shown on chart 2 buy zone i if the price drop can activate these zones but with this momentum of movement have chance to not activate these zone , if this theory happen we update new buy zone and target . Dont entrance in any position with your sense or emotional condtion , take signal with our own strategy then entrance If you have any question just ask us Good Luck Abtin
Long
by Abtin00