Sushi looking ok so far, hitting the first target. Good day for a sushi breakout, but I do think we may get the chance to buy again in my original entry point.. May happen anytime in next day or so.
I don't know any more if rising wedges break up or down. Last one broke up. This one is a tad different in that the RSI didn't pullback to support, so I imagine it should break down as the RSI tries to reach support.
If sushi continues up, it can be generalized for all alts and vice versa. Market has been quiet after these last days of volatility, probably to...
Sushi has had a considerable run up along with other DeFi tokens in the last few weeks. It is consolidated after hitting an ATH and is set to retest that ATH and possible continue on with a potential of hitting $20 as the next fib train stop suggests.
This is my opinion and my own opinion only. Not financial advice.
I went long on $SUSHIUSD as soon as Super Algorithm Indicator called bullish on 4 hour timeframe.
My target is $15.55 jusy below the fib number as shown.
And my stop is based on the fib as well as can be seen.
I am in profit and holding this gem
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Sushi is one of the cryptos with more staking holders on Binance, that makes me believe that is one of the candidates to contra trade BTC if it fall.
Just like ETH, LINK, ADA, and other staking assets.
What do you think?
Small but strong, wolves🔥
Now we have a trade opportunity on SUSHI/USD. Symmetrical triangle on 15 min frame.
Previously it had bullish sentiment.
All the waves are done and now the price is approaching to breakout point
So, follow the chart carefully and look for the breakout
If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't...
Rising wedge with bearish divergence most likely to breakdown. Breakup still possible with targets of 13 and 15 dollars but ETH needs to achieve new ATH.
If Sushi can break the resistance at $8.56 and flip it to support, we could start seeing a move towards $9.36, $10.39 and $13.37. Failure to break the resistance at $8.56 could lead to a drop towards $6.98 and $6.04.
Hello SUSHI lovers!
SUSHI has been in a descending expanding wedge since mid January. Currently, price is once again pushing against the top side of the wedge.
If BTC goes sideways or continues its bullish ascent, the I suspect SUSHI will breakout and head to the next area of strong resistance around $8.75!
If the bulls push past $8.75, then the next area of...
