jbcal

Sushi sleeping with the fishes

Short
jbcal Updated   
BINANCE:SUSHIUSDT   SUSHI / TetherUS
Possible accumulation, if so, this still needs to notch a new spring low before any major bounce. Could be distribution, in which case we have seen a rise above the last high and are enroute to a major dump as we break the bottom of the triangle....Either way, this prints a new low in the .80's probably good to take some profit around there and see what the markets are saying...not financial advice, gl
Comment:
Sushi is now on top of the triangle and it has been able so far to remain. Not safe to short unless it breaks back inside and can get a few closes of 4 hr candles back in there.
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