If Sushi can break the resistance at $8.56 and flip it to support, we could start seeing a move towards $9.36, $10.39 and $13.37. Failure to break the resistance at $8.56 could lead to a drop towards $6.98 and $6.04.
i really don't see it dropping to 6$ anymore, around 7.5$ (0.382 fib) i can agree with.. just look at the giant cup and handle we formed on the daily ;) we are going to 12 - 15$
UnknownUnicorn8272931
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@ShotGunJoe83, But the RSI on the 4h timeframe says otherwise. let's wait and see...
ShotGunJoe83
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@Daystrom, good chance the 4h rsi will bounce off of the 50%
check the 1hr rsi and the daily also
UnknownUnicorn8272931
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@ShotGunJoe83, the 1hr I can see it bounce up a bit, the daily looks overbought to me. Seems risky to buy at this level, I'll wat until it touches 7.5 or bellow to add more to my holding
ShotGunJoe83
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@Daystrom, good luck to you sir ;) let's wait for the future to show us what will happen :)
UnknownUnicorn8272931
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@ShotGunJoe83, Thank you! It has been a hell of a ride, let's hope for the best :)