- Sushiswap reversed from key support level 0.1800
- Likely to rise to resistance level 0.256
Sushiswap cryptocurrency recently reversed up from the support area between the key support level 0.1800 (which has been reversing the price from the start of February) and the lower daily Bollinger Band.
The upward reversal from this support area stopped the D-wave of the active extended ABC correction (B) from February.
Given the strength of the support level 0.1800, Sushiswap cryptocurrency can be expected to rise to the next resistance level 0.256 (top of the previous impulse wave С).
- Likely to rise to resistance level 0.256
Sushiswap cryptocurrency recently reversed up from the support area between the key support level 0.1800 (which has been reversing the price from the start of February) and the lower daily Bollinger Band.
The upward reversal from this support area stopped the D-wave of the active extended ABC correction (B) from February.
Given the strength of the support level 0.1800, Sushiswap cryptocurrency can be expected to rise to the next resistance level 0.256 (top of the previous impulse wave С).
By the FxPro Analyst Team
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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.