SUSHI - Ascending Triangle Long to $3.00 - Let's go Bullz!

Hello Future Millionaires!

SUSHI is printing an ascending triangle. I am looking for a long from here to the top side of the daily range.

There is currently strong hidden bullish divergence on RSI.

Volume has reached a crescendo and it looks like we will have a nice move on our hands shortly!

Let's go Bullz!

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Guide to My Charts

-The dark magenta horizontal lines are support/resistance 'zones'. If price pierces though one side of the support/resistance zone, it is likely to head to the next support/resistance zone!

-Yellow lines are typically used to chart out pattern formations and trend lines!

-The colored lines are MAs (Red: 10SMA, Yellow: 21EMA, Green: 55EMA, Blue: 89EMA, Purple: 200EMA, White: 200SMA, Maroon: 377EMA).

-Horizontal white and green lines may be Fibonacci levels. The 0.382 and the 0.618 Fibs are green and the rest are white.

-The Historical Volatility Percentile, RSI , and/or stochastics indicators are below the chart if displayed.

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Entry: 2.6623597
Entry Zone: 0.2634 - 2.73

T1: 2.75
T2: 2.82
T3: 2.92
T4: 3.00

Stop: 2.6096558

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R:R: 6.41
Risk: 1.98%
Reward: 12.68%
Leverage: 10X
Leveraged Risk: 19.8%
Leveraged Reward: 126.80


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Disclaimer:

This is not financial advice; I am not a financial adviser. This information is not meant to be used for financial advice, nor trade ideas. These posts are simply a record of my technical analysis and potential trade setup ideas.

These posts are intended for educational purposes only. It is imperative that everyone conduct their own research prior to entering any trade.

Comment:

Potential hidden bullish divergence:

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Let's go bullz!

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