The strength is fantastic due to strong fundamentals and user growth. The recent dip was not as bad as other coins, once we flip MO, then this should not take much time to reach new ATH. Easy trade on spot as well. On a higher timeframe fractal, you can see price forming a U shape. Bullish.
In a bullmarket, you want to look for asymmetric bets that provides high risk to reward. If a few setups like this one, you can maximize your gains significantly. All that is needed, is patience. On weekly and 2 week chart, both BTC and USD pairs of SUSHI shows massive breakouts. These breakouts work as support place of strong buying interest. Since SUSHI...
Both USD and BTC pairs showing weakness on SOL. I would like to bid the 200 area if we get a retracement into this. HTF is till bullish, any pullback is an opportunity to buy.
Trading setups like these is where I often succeed due to the multiple confluences and price structures. If you like taking less but high-quality setups, this one qualifies. Expansion after multi-week accumulation, textbook PO3 play. Price holding above premium forming strong support. Recently, it broke out on the daily timeframe. We can enter on the retrace with...