Potential for SUSHI to Push Up in the Near Term
The use of the Phoenix Ascending indicators and Bad Ass Bollinger Bands (BBs) to predict the SUSHI USD price in the near term (1D-4D). Please note that the Phoenix Ascending indicators and Bad Ass Bollinger Bands are freely available. Please see publications by @WykoffMode to learn how to use and interpret these indicators. As illustrated in the chart, the white energy (WE) in the 1D may have reached an apex and may start to exhaust and cross down below level 50 by May 6. The green exponential moving average (EMA) might be crossed by the red stochastic relative strength index (sRSI) by May 5. The blue least squared moving average (LSMA) may continue to increase in the near term (1D-4D). The bodies of the daily candles for the SUSHI USD price might be observed in the white-aqua upper BBs (within the white colored rectangle in the chart; price range = $15.97-$16.01). This is not financial advice. I am not your financial advisor. This is my opinion.
The use of the pitchfork and price range tools to illustrate the significant price moves upward and downward from Jan 11 to the present and the use of Fibonacci (FIB) retracement tool to identify 4 price targets. From April 26 to the present, the SUSHI USD price has trended upward and has wicked up to price target #1 at the 0.382 FIB level ($15.11). There is potential for SUSHI USD to be observed in proximity to price target #2 at the 0.5 FIB level ($16.73) in the near term (1D-4D). This is not financial advice. I am not your financial advisor. This is my opinion.