price is breaking long term trend line and also bouncing off support
This analysis shows a quick short opportunity on SUSHI
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In my previous technical analysis, I noticed that I made a mistake. Analyzing a project that is still very new on a logarithmic scale can cause errors. So when we convert the graphic to a geometric scale, a much smoother pattern emerges. Sushi now; perhaps it may be the cheapest level to buy. It can be entered with 25% balance to reduce the risk.
Ascending Triangle Pattern >> It is not an Investment Advice. It is for Tracking Purposes Good Luck :))
Sushi SushiSwap A Crazy Defi Token Potential 2x Profit
BINANCE: SUSHIBTC -SUSHI broke bearish, failing to hold the key support at 2129 sat -The trading priority is downward and the target below is the Swing Low at 1132 sat -If you are looking for a Buy position, wait for the key area to be tested -Or until the red trendline resistance is broken to the upside -SUSHI may take 1-2 weeks before we may see a potential...
SUSHI Analysis - 13 September
SUSHI IS RIGHT NOW IN POSITIVE SIDE OF TRADE.ITS RALLY WILL BE AWESOME IF IT REMAINS UPSIDE TO TRENDLINE.BUT BREAKING BELOW TRENDLINE WILL FALL IN -VE SIDE LEADING TO NEWEST LOW.RIGHT NOW,ITS ALL BITCOIN MOVE MATTERS.TRADE WITH STRICT STOP LOSS. WITH 1 MONTH VOLATILITY CHART,BITCOIN IS TRADING WITH LOWEST VOLATALITY WHICH MEANS,IT WILL GO LONG FROM HERE.ITS ALSO A...
SushiSwap finds stability after a gruesome week, recovery is in the offing. SUSHI/USD bulls must defend the triangle support to avert any lingering declines back to $1.00. The embattled and epitome of DeFi drama, SushiSwap token seems to have found some semblance of stability after last week’s rollercoaster ride. Support has been established and embraced at...
BINANCE: SUSHIBTC -The price is now testing the previous support or lower part of the box -Technically, it is not good. we don't want the price to go back to this area -If we are Bullish in the short term, the price should hold the upper range of the box -If SUSHI breaks this support, it is likely to retest the Swing Low at 1341 sat -If your trading style is to...
Disclaimer: This is not financial advice High leverage trading is all about entries, you need to have patience and to not let fear of missing out drive you into opening rushed positions. Map out your trades in advance and wait for the right entry. Our aim is to capture quick & safe profits, not to predict the future, this is possible only if we plan ahead and...