Hey friends, hope you are well and welcome to the new update on SushiSwap (SUSHI).
Different support and resistance levels:
Since November 2020 the price action of Sushi was very strong bullish. Finally, Sushi found the resistance at $22.5 and after being rejected to two times by this resistance level it has been dropped to $6 support level. Currently, the...
Hey dear patrons, hope you are well and welcome to the new update on SushiSwap (SUSHI).
Previously we had a nice trade of Sushi:
Now on the weekly time frame chart, the price action is very close to complete a big bullish BAT pattern.
Predicting a potential breakout for SushiSwap (SUSHIUSDT) in the coming days. The token is currently hovering around $1.80, and a decisive break above this level could see it surge towards $1.94 in the daily timeframe.
This bullish momentum could extend further, with eyeing $2.00 as a key resistance level. If SUSHIUSDT can reclaim this level on the daily...
Here we go again but this time we have SushiSwap vs Bitcoin (SUSHIBTC).
This pair, just like SUSHIUSDT, is now trading within an ascending channel.
We see higher highs and higher lows (bullish) since May 2022.
Higher lows leads to higher highs and so we can start to look for our next target.
We can see an easy, short-term target of 77.7% ahead.
Followed by a...
Here we have a rising channel where SushiSwap (SUSHIUSDT) has been printing higher highs and higher lows since June 2022.
If we were to zoom out and look at the bigger picture this is just a consolidation box/phase... After the consolidation comes the bullish break.
This chart is telling me that SUSHIUSDT is ready to move ahead.
If you were to use this...
SushiSwap (SUSHI) Buy Zone
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BIAS
Mid-Term : Bullish
Risk : Medium
Once again headed down for a lower channel retest with a lower low of $4 zone with a barely decent short term buyback to at least target 3 zone in next few days.
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$SUSHI/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 3.925 - 4.2
TP 1 : 4.4
TP 2 : 4.7...
SushiSwap (SUSHI) Buy Zone
--------------------
BIAS
Mid-Term : Bullish
SUSHI formed bull flag in 1 day time frame and currently retesting below it and we might see a further drop toward the marked support level which is around $5.3
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$SUSHI/USDT SPOT SETUP
Entry Price : 5.05 - 5.4
TP 1 : 5.63
TP 2 : 5.98
TP 3 : 6.8
TP 4 : 7.184 ...
It might be late update but such a clear chart pattern for me :
1. A clear reverse head & shoulders pattern.
2. Already touch my support area couple days ago , my yellow line, & holding above 50 SMA line since 9feb.
2. MACD finally back to 0. considering healthy movement for back to bullish .
Fundamental reasons:
1. Halving reward effect (math logic as #Bitcoin...
This is my personal hope & observation. it is not financial advice.
TA perspective, i hope we already on a tea cup handle pattern. and hopefully "usdt issue" will not crush sushi price below second support. might buy more if that happen.
Fundamental perspective, there are lot of progress they gonna make trough this january-feburary. just check the sushiswap 2021...
SUSHI, SUSHIUSDT, SUSHIUSD , SUSHISWAP
SIGNAL: YELLOW -> LIME: Breaking the Structure
Trade close manually when: the above ribbons turns Yellow or better Red.
I appreciate your like or comment. Welcome to share your idea here.
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be...
Fundamentals:
SushiSwap (SUSHI) is an example of an automated market maker (AMM). An increasingly popular tool among cryptocurrency users, AMMs are decentralized exchanges which use smart contracts to create markets for any given pair of tokens.
SushiSwap launched in September 2020 as a fork of Uniswap, the AMM which has become synonymous with the decentralized...
Today we will consider the trading pair SUSHIUSDT on the daily timeframe and tell you why this chart has attracted our attention.
During the DeFi boom of 2020-21, the SUSHISWAP protocol was quite popular and was always in the top 10 in terms of TVL. The maximum locked amount of pledged assets in the SUSHI protocol reached $7 billion, which was about 4% of the...
Fundamental Analysis:
SushiSwap (SUSHI) is an example of an automated market maker (AMM). An increasingly popular tool among cryptocurrency users, AMMs are decentralized exchanges which use smart contracts to create markets for any given pair of tokens.
SushiSwap launched in September 2020 as a fork of Uniswap, the AMM which has become synonymous with the...
Trading Signal:
A Trading Signal is seen in the SUSHIUSDT SushiSwap.
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 3.95
⭕️SL: Close below 3.70
🔵TP1 @ 4.95
🔵TP2 @ 6.40
🔵TP3 @ 9.75
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you...
Hi dear friends, hope you are well and welcome to the new trade setup of SushiSwap (SUSHI) with US Dollar pair.
Recently we caught almost 19% pump of SUSHI as below:
Now on a daily time frame, SUSHI formed a bullish Gartley setup for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop...
Here is the linear scale for SushiSwap... See the huge potential here as well, 430% just to start and over 1,000% possible in the long-term.
This is without counting the new bull market and All-Time Highs, this is just the recovery phase.
When one door closes, millions of other doors open.
Notice that if you missed the early breakout of say FTMUSDT,...
