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Shotokhan
Nov 16, 2022 12:02 PM

SUSHI in a bearish pennant Short

SUSHI / TetherUSBinance

Description

I'd expect some liquidity grab and then a dump, even because BTC it's in the same situation. Probably my 2nd target is a bit too drastic so if this scenario plays out price might stop at 1st target.

Good luck, the bottom should be near.

Comment

currently testing the bottom of the rising wedge, it's currently over -6% since my call. Lower your SL and check how it closes the daily!

Comment

first bounce zone reached and the bounce is already happening on LTF


1h


Congrats if you followed my signal, let's see if my first target hits.... judging from BTC it should!

Comment

unfortunately after hitting that FVG SUSHI pumped but I think now it's going toward my first target. I recognize that you had to close your shorts though, however at least it did a -15% before pumping
Comments
SwallowPremium
Absolutely agree with your point of view, thanks for sharing!!
mrmohammadreza
The weakness of the trend to reach the 1.5 dollar strong supply area after that move towards 1 dollar
Shotokhan
@mrmohammadreza, if BTC dumps it's possible that it won't touch that area soon
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