* SUSHIUSDT in 1D time frame forms Cup and Handle pattern.
* Cup and Handle is a bullish continuation pattern occurs during the bull run.
* To continue the uptrend price needs to break the handle pattern
Hi every one
SUSHI has formed a Symmetrical Triangle! this pattern Can Increase or Decrease the Price of SUSHI depending on the Break out which is gonna happen soon! but there is also a bearish sign visible on MACD! as you can see there is a chance that a Bearish Cross happens on MACD.(MACD line is about to cross The Signal Line Downwardly.)
#SUSHI/USDT Bullish Alarm :
#sushi Ready for $195 mean almost 20x From here.
1st- Need to break $14.50 with good Volume .
Mentioned Two Entries ( Spot )
2nd- #Sushi Below $6 Bearish
As per Chart need to breakout the Bullish chart and if break $14.50 then #SUSHI will be skyrocket.
It doesn't mean you go All-in.
No guys Manage your risk also.
I am buying...
This is what I expect from SUSHIUSDT, and it is going to make a double bottom in daily time-frame. Keep an eye on the chart and the price. I always say that spot trading is far better than future trading. Let's keep moving and make money as usual. Everything is on the chart. Enjoy!
If we get a breakout, we can go long $SUSHIUSDT here, with a decent reward to risk, signal could trigger during tomorrow onwards. I'll update it once it kicks in.
Strictly technical trade here, I don't think it's justified to expect a longer term move in altcoins here, $BTCUSD's 2 week timeframe signal is a much better candidate for that, but we could get a short...
BINANCE:SUSHIUSDT just got rejected at a major support level and is heading towards the next support at 9% below.
Short position placed.
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$SUSHI hold above ascending support, also broke out from a descending resistance and pull back to that, it seems to me price will head up to complete AB=CD pattern, so target can be around $27.
but if price close a weekly candle below ascending support line, this scenario will be invalid.
4H trend chart
Currently, price has built higher lows and just retested the downtrend line.
Also, these lows formed on Support zone, Fib(0.382) and Fib(0.618)
With obvious support signal, trading strategy as below.
#SUSHI/USDT TA Update:-
$SUSHI currently trading at $13
And bounced back from $10
I am expecting big breakout in coming days.
And Target will be $50
Need to break upward $14
Accumulation zone:- $10-$13
Stop Loss:- below $10 exit point
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Welcome to the SUSHI altcoin trade setup. SUSHI looks juicy at the moment so I'm buying some here and add more in the dips. It is hovering in a very big symmetrical triangle and is currently near the bottom of the triangle's trendline. Also, there is a 100D MA support so it...
SUSHIUSDT from a weekly perspective has started to show signs of a deceleration with multiple rejections of the 0.618 fibonacci forming a large inverted head and shoulders formation. Dropping down to the daily timeframe the price has bounced of the descending trendline support multiple times showing buyers strength at these prices. On the entry timeframe the 4hr...