Hey everyone,
So Sushiswap I entered to take advantage of this giant W pattern on the weekly, which should retain the 0.618 fib level and teleport to $16.74; current gain of 64%.
The technicals though look bleak, with 0xMaki leaving his leadership position of Sushiswap, the man who took Sushiswap from a rug pull to a real Uniswap competitor, I think alone has...
The price for the second shoulder has reached the neckline for the inverse head and shoulders. Waiting until the price reaches 3% of the breakout point before entering a long.
Not financial advice.
Why get subbed to me on Tradingview?
-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-before/after analysis
-24/7 uptime so constant updates
🎁Please hit the like...
The price of a single SUSHI/USD token has fluctuated in the range of $9.77 to $10.43 over the previous 24 hours, demonstrating significant volatility. Trading volume has grown by 35.32 percent, with activity totaling $292.35 billion and putting the project’s market cap at roughly $1.29 billion,
I Hope you all didn't get shaken out on positions this morning, most have reclaimed support and with shoyu releasing this month how can you not be bullish on what sushi will do in Q4.
Head and shoulders gives us a price target of around 12.63
Ascending triangle gives us a price target of around 13.24
Swing high, and swing low golden pocket also gives us around 13.24
Several points of confluence around the 13.24 price for SUSHIUSD based on chart patterns.
Not financial advice always do your own research before trading.
Possible C&H pattern detected on 1H chart. Volume is decreasing on the handle. This can signify possible pump coming if broader market continues to rally. Im bullish here with short term price target between $12.5 - $13.5
Hello guys, there might be some bearish tendency on the daily chart for sushi. As you can see, the pattern it is forming looks to me it is a head and shoulder pattern with double shoulders to the left of the head. The first shoulder has already formed on the right, now possibly in the process of making the second shoulder. The red dashed arrow is the head to...
SUSHI was doing so good and suddenly started falling after the lead developer changed role to advisor. Not sure what is the future if it depends on one person. Hopefully it will come back.
Hello Traders,
Sushi looks to be forming a Broadening Top pattern with an inverse Head & Shoulders pattern.
Sushi is currently down about 5% on the 24 hr time-frame.
Still hasn't gotten its time to shine just yet this Bull Run.
I expect to see some big things from Sushi over the next month.
Good luck!
Sushi is my favorite. I think we will reach the new ATH. Sushi has a very good community. We see here support 10$. This support is pretty strong, so I don't think we're going to go lower.. Long term, keep this up until we reach a new ATH.
I think October will be very interesting. It's not bear time yet. But it might come after the new year.
Good Luck
The daily chart highlights two clear trend lines. The longer-term downtrend is currently visible at $13.50 and is the first line of resistance. Successful clearance of this trend would constitute a bullish breakout and potentially target the may high of $22.52, around 75% above the last price.
The second trend line sits below the market at $9.93.As long as the...
Excepting a breakout to 13.986. We are downtrending currently but I see this playing out 2 ways.
First: Simple way, We continue the dip no lower than the current low we have for the green lined pattern and have a test at the P.T.
OR
Second (Likely): We see the bottom to the trend at around 12.747 and begin an ascending triangle pattern play out into the night...
In SUSHIUSD 4H
There is a potential cup and handle pattern in the chart and the price retest the downtrend line .
If the price break-out Fib 1 (14.85) and close is higher than Fib 1 (14.85).
We setup the trading plan like:
TP1: Fib 1.272~1.382(17.249~18.220)
TP2: Fib 1.618 (20.302)
TP3: Fib 2(23.673)
SL: 12.762
