. There is a possibility of temporary retracement to suggested support line (0.000249). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. SUSHIBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic...
#SUSHI/BTC TA Update:-
#SUSHI/BTC looking good for fresh entry.
Because trading at support level.
Entry1:- 2900-3000 Satoshi
Targets:- 3959/6498 Satoshi
👉 if candle close below 2800 Satoshi then next good entry will be 2000-2100 Satoshi
So if bearish close then I will exit and again buy at dip ( entry 2)
But don’t enter at entry 2 without...
SUSHI/BTC is grinding down.
This is a time to be ready for a nice fib scalp trade.
If there is a panic down to the 0.786 there will likely be a bounce to the 0.618.
The .786 also lines up with a nice historical resistance which will probably flip
A clean 15% move if the buy order hits and the trade works out.
- Impulse Elliott Wave completed, i think this EW count is valid.
- Rising wedge is generally a bearish pattern
- Important is 2.5 USD horizontal support line, as bulls should hold this level to continue in the uptrend
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SUSHI/ BTC pair also has a breakout of descending trend line. It is already pulling back to test the trendline which is normal. If it breaks below the trend line, especially on volume, is reason for concern and the both the BTC and USDT pairs breakouts to be invalidated.
See SUSHI / USDT chart for breakout above ATH's after USDT dumps from Sunday night.
SUSHIUSDT - Intraday - We look to Buy a break of 17.68 (stop at 16.88)
Daily signals are bullish.
We look for a temporary move higher.
Short term indicators have turned positive.
Pivot resistance is at 17.59.
A break of bespoke resistance at 17.59, and the move higher is already underway.
Our profit targets will be 19.88 and 21.68
Resistance: 17.60 /...
About to retest ~30k sats level for the 1st time after the breakout..
Current level matching bb 20 MA & .618 fib
UCTS remaining bullish across all high timeframes
If starts showing bounce/flip signals, then aiming back at ~50k sats over previous high.
Sushi continues to chase UNI price and almost succeed in it. Interesting to observe, perhaps, he will catch up with him in the coming days.
I'll fix some profit when it happens.
Information is just for educational purposes, never financial advice. Always do your own research.
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Little update on $SUSHI here we've established a new higher high, presently up 56% from our buy zone looking to face the first hurdle of resistance near the 2090 satoshi mark. Sushi seems one of the coins primed to be on an absolute tear during this market cycle and likely into the bear market.
I took some profits as mentioned on my twitter...