We have seen a BREAKUP⏫ from an important resistance-zone at ~14.3, that was built up over the last month or so.. Nice!!
SUSHI-SWAP, along with a few other tokens, was just listed TODAY on GEMINI exchange(Number 1 trusted crypto exchange as some say).. 🆗👏👏👏💲🏁🏁🤩
IMO we have seen one ( as drawn XD ) above, and now we are entering our second for a nice upswing to our best case scenario target at approximately 💲18.5 dollars through mid MAY 📆📌📅
This could make for a NICE bull run!🍤🐮🍣⏫
Let's take a look at SUSHI fundamentals from previous idea before you are convinced SUSHISWAP go LONG 🏁🏁
What is SUSHI🍣?
-It is a decentralized exchange (DEX), that was created to expand on the ideas of UNIs vision. SUSHI believes in straying away from KYC , less KYC = less control. This is what we want going into 2021 am I right🤔😄💙?!!
-SUSHI is inflationary, meaning eventually the value of holding a SUSHI will not be as great as it may have been years🕘 ago..
- However, since this token is still just getting started, and has not even come close to reaching its coin market cap, we have a long way to go and much potential profits🤞💲, to be made.
-🍣SWAP runs off of liquidity pools, and also they use AMMs (Automated market makers), meaning investors earn the token from depositing ETH into SUSHI's liquidity pool.💲🤞🌊💧
-SUSHI was founded just last year AUG 2020, and started strong. Shortly after the kickoff ⚽🏃♂️, the original founder🐼 decided to withdrawal 14 Million 💲 in September of 2020.
Now, in April 2021, not only has SUSHI 🍣 fully recovered😄, we have reached a new ATH! WOW👏. SUSHI now has new leaders, and is going strong, teaming up with POLKA DOT creating a cross-chain DEX, among other networks SUSHI is getting involved in, so that it can keep going strong💪.
Swap has great potential into 2021. Since COINBASE is about to go public, more independent, tokens such as SUSHI🍣 are going to be the shining stars⭐🌟, of the decentralized finance (DEFI)📲💲, world🌎😄!
Remember, SUSHI is run through ETH, so they will be correlational to a certain degree.
Invest wisely! The market is very volatile and can be dangerous..
Always have a stop loss ✋🛑, set.
Any questions🤔, thoughts💡💭, happy😃, sad😢 like or dislike 👍👎 in comments below! Thank you so much!
🛑🛑🛑This is not financial advice🛑🛑🛑
Always have a stop loss ✋🛑💲 set please!!!!!
Thank you so much!
For other reference thank you 🍣.
Correction : Coinbase IPO date▶▶▶ April 14-2021
Always use stop loss and get multiple viewpoints thank you!!
Update 15 min chart, we broke above Purple trendline once again, I am looking to go to our targets. We have created a higher low and higher high! Go Sushi.. that is all