Buy signal on Extreme Bearish point occurs and confirmed with triangle breakout and going up to closest resistance (fib, 0.618), if breakout happens, it confirm gonna reach next fibonacci and rebound for a price correction. then continue the rally up.
SUSHIUSDT is trading inside of this bullish channel in a nice strong uptrend, waiting for a close back above the midline resistance level in that case it will then be flipped support and we can look for an entry to long.
SUSHI has set a new ATH today at $20.7. Impressive.
There is a lot of strength behind SUSHI and this will not vanish any time soon. RSI on daily has been hovering above 50 for months - this is very bullish.
There is no reason to be bearish on SUSHI at this time and until we break this ascending channel and drop on daily RSI under 50, I see no reason to be...
I highly recommend ,stand by till the next resistance level broke , if the candles move up, you can invest more. if the candles go down , sell all you have and move on another coin. These kind of coins appear in the market , sky rocket and disappear.
Sushi is ready to go to the upside of the main channel. If BTC holds the higher low tendency and go up to 52-56k levels we could see a good upward move for sushi.
Alts will move accordingly with BTC and I am analyzing all the alts that I am interested to invest long term if BTC tells me to do so.
This is my list:
BTC , ETH, ADA, LINK, DOT, BAND, SUSHI, UNI , YFI...
Sushi 🍣 After breaking the correction line and retesting, it is in an uptrend🚀, as bitcoin conditions stabilize😅, there is a possibility that Altcoin will grow.🐻🚀
$ 20 psychological resistance😒 If we count well, we will go to higher numbers and the fourth target.😁
I can not share an id of myself🙂, they say it is advertised and illegal.😅 Create...
Update: Republished since some of the callouts weren't showing the actual location.
There's a lot of patterns on this one. Potential reversal point tomorrow around the $19 mark. That particular area is the reversal point for the 200, 42, 26, and 17 periods. Each particular reversal on this seems to be somewhere around 15-25% each move whether up or down. I would...