SUSHI needs to confirm the bottom holds around $14.00-$14.20, if it holds then go long up to previous top $23.50.
Sushi is developing a dragon pattern with bullish divergence on both oscillators. If the trendline is broken and backtested the target would be the next resistance. S/L would be below the 2nd low. Not financial advice. DYOR
SUSHI touched the support line twice and now we should aim to break this resistance and move higher soon with a first target at $17. The next target levels are on the chart. We also have a bullish divergence on RSI (see yellow arrow) and on daily timeframe Sushi seems to prepare the rocket. I'd put an alarm around this area and seek to long a break of this...
Hi guys, me might just get another crack at the 17$ levels. Entry 15$, SL 14.70, TP 17$. Not financial advice ! I've been watching this for a couple of days now. We might finally get the breakout I'm waiting for.
after finding support, it seems like we have a nice breakout. there is a lot of resistance ahead so proceed with caution
With the news Sushiswap's new Kashi lending in their bento box we see a rise from the bottom in the past few hours. We see a double bottom on the 1 & 4 Hour chart. Expect to see Sushi rise back upwards.
BUY: 19.9 – 20.7 TARGETS: 1) 24 2) 28 STOP: 17.5 (when a 4h candle closes below this price) Rationale: -Price has been moving within a channel for the last 39 days and is trending above the mid-line support -After recently touching the top of the channel, price has falling back to the closest support level. This is our buy zone. -RSI has formed a trendline...
Sushi Correction After ATH in 23.8. Sushi still Bullish Pattern with H - L - HL - HH I will take Long Position in area 16.8 - 17.2. SL : 15.8 TP1 : 21. TP2 : 25
TL;DR - Big farm upcoming I found that SUSHI has been oversold last week. So, let's see how things will go with SUSHI Just buy SUSHI and HODL for 2 weeks. I will update my strategy later.
Taking a layered approach on this trade... Down 40% from highs without any real turnaround. Short term trade, BTC should find relief relatively soon and $SUSHI to follow
Buy Price: Under $19 Target Price: Top of Trend Line (Whenever that is) With $CAKE going up 20% in the last 24 hours and now $UNI going to new ATH on the news v3 is imminent, $SUSHI will be making the run any minute now. I expect it to happen in the next hour at most. Get on this sub-$19 buy while it's available. You won't see this price again!
I did expect it to hold up around $18.75, but none of this is ever that exact. Seems to be holding on that upward trend line support though. The next move will get to the mid-$20s where it'll get stopped for a bit and then I don't think it really stops again for any significant time before reaching new highs. Past patterns are too strong on this one to not do...