SUSHI has reached quite an unexpected price in such a short time! Almost $8... after an amazing run from .50 cents! Congrats to anyone that held until this price!
If you are looking for the next possible target, then Sushi may attempt to reach its previous ATH levels at around $9 as indicated by the daily resistance line.
Therefore, if this correction is not...
It has been a long time since the previous ideas were published. And during this time, a lot of interesting things happened on the Sushiusdt chart.
Probably the most memorable squeeze for $1. Then the lovers to trade with a margin leverage and even without using stops were very painfully shaved.
And those who organized this flow bought very cheaply.
Please see my other idea for Part 1 (ranks 1 to 5), linked below.
6. UNI (runner up: SUSHI ). DEFI market has seen unparalleled growth and decentralized exchanges like Uniswap have pioneered a new way of trading in the ETH ecosystem, whereby automated market makers and liquidity providers get a share of the trading fees plus incentives! Uniswap decentralized...
My name is Schyler with NewWave Traders. NWT is a movement in Elliott wave and trading education, a movement in creating independent and profitable traders, and a movement in lifestyle. I've been a full time trader since 2017 in the crypto markets and I help traders create a full time income for themselves without working the full time hours by...
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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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...
Little update on $SUSHI here we've established a new higher high, presently up 56% from our buy zone looking to face the first hurdle of resistance near the 2090 satoshi mark. Sushi seems one of the coins primed to be on an absolute tear during this market cycle and likely into the bear market.
I took some profits as mentioned on my twitter...
Hello everyone 😃
SUSHI has been rejected from resistance and now its heading to support lines.
Stochastic RSI had a Bearish crossover and now Volatility is being Bearish Neither !
So, We expect a retest at 2.9$ support line and then, SUSHI would reach and break 3.4$...
If SUSHI breaks 3.4$ with high volume, Then 4.1$ resistance will be easy...
The tragic fall in the price of SUSHI on December 23 by 50% upset many investors. Within an hour, some investors lost all potential profits, which could be from November 26. The other part lost their deposits.
However, patient investors who placed limit orders to buy SUSHI received a pleasant surprise.
Since December 2, the angle of growth of the SUSHI price...
- 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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With the hype around 99% community fueled Uniswap fading out, the obv next one to go North is the highly undervalued SushiSwap project.
Basically the very same business model but even better with regards to the variety and capitalizaion of liquidity pools provided.
According to pools.fyi 5 out of the TOP10 are $SUSHI based.
First target in sight at ~2.22,...