- Sushiswap reversed from resistance level 0.175
- Likely to fall to support level 0.153
Sushiswap cryptocurrency recently reversed up from the resistance zone between the resistance level 0.175 (which stopped earlier correction 2), upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from the start of June.
The downward reversal from this resistance zone continues the active minor impulse wave 3 of the intermediate impulse wave 3 from May.
Given the strong daily downtrend, Sushiswap cryptocurrency can be expected to fall to the next support level 0.153 (top of the previous waves iv and b).
- Likely to fall to support level 0.153
Sushiswap cryptocurrency recently reversed up from the resistance zone between the resistance level 0.175 (which stopped earlier correction 2), upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from the start of June.
The downward reversal from this resistance zone continues the active minor impulse wave 3 of the intermediate impulse wave 3 from May.
Given the strong daily downtrend, Sushiswap cryptocurrency can be expected to fall to the next support level 0.153 (top of the previous waves iv and b).
By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.