The news from 1 December of Sushiswap & Yearn.Finance join and the flow of blocked funds blew up the Sushi and YFI price.
The cost of Sushi reached the mirrored level of $2.18, fulfilling the target from the previous idea. From the first try, the price was unable to break the strong level and it is logical.
If in the coming days the Sushi cost does not...
SUSHI is one of the Altcoins with very big potential in the upcoming altseason. Generally I'm very bullish on the projects that Sam Bankman-Fried is involved. Sushi is one of them.
Decentralized exchanges like Sushi or Uniswap will grow in the future and Sushi seems very poised for a bull run. It is still on 'discount' thanks to chief Nomi and...
Looking 👍, crossing above ~2$ resistance level as volume is showing good levels..
80%+ up over the last 15days (Buy signal)
Looking for a flip at HTFs as confirmation of continuation... 🚀
SUSHI did an excellent 55% run up after breaking the H&S neckline. If you bought the neckline breakout or re-test as indicated before you should have banked a very nice profit! Well done.
Now SUSHI reached a weekly resistance at $2.3 and we may range here a bit before re-fueling for a new up-trend with a target around $3.2. Therefore, it is now best to wait...
Sushi not only has a strong structure formation at the moment, it also has companies interested in it.
Its probably this piece of news and its function\purpose in the Defi space that is driving its price up.
Note how it responded with the BTC dump....many are buying it up.
Yearn Finance Set to Gobble Up SushiSwap for Its Fifth DeFi Merger
I continue to watch DeFi projects, which after the September hippe has become much cheaper, so far made two trading ideas, YFI and Maker. The YFI idea is going well, you can find them in the attached ideas.
After the start of trading of this crypto currency, which at its peak reached $ 10, not counting the short-term rises up to $ 15-16 at some...
Still on the 1D buy signal, flipped ~1.2$ into support & now trying to show continuation
If volume starts flowing in(tiny spike today),aiming for 2$ per #SUSHI does not sound crazy (40%+ movement!)
As bullish sign,crossing Ichi cloud for the 1st time
Let see how it goes!
Price was on channel bottom the last 6 days.
Now Stoch is crossing up giving a buy signal
Elliott Oscillator made a higher number than last day indicating Bullish Momentum is going powerful.
That's not a recommendation of buy, i'm showing how i operate this active if you agree with my vision leave your like!
SUSHI has broken the neckline of the inverted H&S structure. This is bullish.
Expect higher levels, first resistances are between $1.7 and 1.9$. Price may revert at resistance or range before moving higher.
A good long entry was the retest of the neckline with first target at $1.7.
Market is very bullish with BTC pushing above ATH.
SUSHI / USDT
🌟 Techincal Analysis🌟
I really dont like this coin but my members asked me for analysis ..here we are :
Trendline broken in 4H frame
The best entery was at that breakout of both trendline and MA50 at 1.42$-1.43$
With small stop loss at 1.328
And Targets gona be 1.525$ - 1.645$ -1.77$
(Already hit first Target )
If you late and...
We haven't updated the Sushi idea in a while, but the current growth suggests that it's time to update our thoughts.
If we analyze our previous idea for Sushi, then the price bounced from the level $0.55 to the upper level $0.86.
From $0.86, sellers began to push the price towards our lower target $0.377. However, they delayed this process. And although there...