SUSHI has been underperforming, but can it be saved by Bitcoin?
SushiSwap (SUSHI) is a fork of Uniswap that is based on the Ethereum blockchain.
It provides a decentralised exchange that allows you to swap tokens, earn rewards via yield farming and provides other passive income opportunities, which have made it an attractive investment for many crypto...
SUSHI is one of the good potential assets in the market.
As the market raised great, in following the road of the altcoin market SUSHI can start its road soon.
Based on history:
SUSHI experienced great pomp to around 23 USD in the first of the year, then we saw the big correction to around 6 USD as bitcoin huge correction.
But now SUSHI made a good support...
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2353H +8 PACIFIC
ALERT: ENTRY POINTS
The Market has amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION.
JUST DYOR ENTRIES. Watch for Price action/ RSI and STOCH, VOLUME, and FIBS. Set your tight stop loss as any geopolitical, natural/man-made calamities will change the course for our TARGET AREAS...
Sushi analysis. -I have a large holding of sushi since the bottom @ $7. disclaimer.
Sushi has a long consolidation period after reaching $20+ it retraced hard has since consolidated.
Breakout of trendline
Breakout of +50 RSI
Bullish Crossover on MacD
Pushing on the trendline
Pushing on the 50 RSI level
Pushing for a Bullish Crossover on...
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Sushiswap is presently in a bull market, although values dropped by roughly 20%. SUSHI/USD is currently upswing, following a considerably steeper high yesterday and a modest overnight retracement. Today’s price movement should be positive for both buyers and sellers. With today’s $14 level as the first resistance
The price of SUSHI/USD rose to an overnight high...
Sushiswap price analysis is bullish today as a strong higher high was set yesterday, followed by a slight retracement overnight. Therefore, we could see SUSHI/USD push higher later today, with the $14 mark as the next major target.
October was not such a great month for Sushi, with the price trading in a range between 10 and 12.
However, we can see that 10 is very well supported by bulls and the coin seems to press into resistance.
In my opinion, this resistance will fall and the road is clear to 16 resistance.
Buy dips is my strategy for this coin and only a break under 10 would change my...