Sushi longs with a potential 5x from here.
Accumulation > Fake-out to downside > Distribution to the upside.
Looking to heavy partial at 500% but will leave some capital in case of running more.
BYBIT:SUSHIUSDT.P
This idea has a medium-term profit target.
All targets are indicated on the graph.
- Risk 1% on deposit
- R/R 1/2
P.S (This is not an investment recommendation, this is my personal opinion.)
BINANCE:SUSHIUSDT broke slightly above the 1.7283 area. With the reversal pattern taking formation, BINANCE:SUSHIUSDT will likely be in for a long position. This does not mean that there may not be some further dips, but with the dips comes an opportunity to buy more.
Past results does not guarantee future results, do your due diligence before taking any trade idea.
ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are...
The diametric that we specified in the previous analysis is still valid.
After the completion of the D wave, it can be pumped for the E wave.
The target can be the red box.
The green range can be a low risk range for buy/long positions
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop...
Ah, the rollercoaster ride of XRP/USD trading since 2021! We may have missed the boat on our buying opportunity, but hey, who doesn't love a good challenge? Hoping for a nice, healthy drawback, we set our sights on a retest of the previous support level at $0.6 before shooting for the stars. But of course, the universe had other plans – cue the resistance at the...
SUSHI seems to be finishing a 5-wave cycle and a larger correction should be expected soon.
I don´t rule out that wave 5 may still be in progress as an ending diagonal, but I would only take quick scalp trades at current levels.
An interesting pullback zone is the 1.3-1.4 region, which is a key support-resistance level and matches the 50% retracement level.
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SushiSwap Bullish is not just another trading strategy; it's a comprehensive approach that combines the innovative features of decentralized finance (DeFi)...
💎 SUSHI has recently demonstrated significant market dynamics, rebounding from the support area, indicating a potential continuation of its upward movement towards the resistance level around $2.15.
💎 If SUSHI breaks out above this resistance area, it could facilitate an easier path toward reaching our target area.
💎 However, if SUSHI faces rejection at the...
Predicting a potential breakout for SushiSwap (SUSHIUSDT) in the coming days. The token is currently hovering around $1.80, and a decisive break above this level could see it surge towards $1.94 in the daily timeframe.
This bullish momentum could extend further, with eyeing $2.00 as a key resistance level. If SUSHIUSDT can reclaim this level on the daily...
SUSHI - ALT SEASON APPROACHING (MARCH 2024)
I believe eventually Alt season is coming. I have demonstrated here what it can look like on SUSHI as an example. DO NOT MISS THIS OPPORTUNITY.
Sushi ( CRYPTOCAP:SUSHI ) price indicating readiness to move higher after it recently overcame a key hurdle. If the market outlook remains unchanged, and most of the Altcoins resume their Bullish streak? then CRYPTOCAP:SUSHI could trigger a massive upswing.
Sushi price consolidation above $1.012 lasted which for 2 months, leading to a 109% rally in the next...
It's a Cycle 2 coin
with a Cycle 2 narrative #DEFI
So don't expect new high's
Still ... money can be made in Defi, DEX's . Yield ...
It's just not that sexy .
Is what it is friends, we can't fight the Market.
May be we get a right shoulder fill out and then breakout for these linear and log targets.
Best of Luck
(Higher price more risk now ofc)
SUSHI would be at good prices to buy and hold for mid and long-term. Indeed, prices revisited the ATL and bounced. Moreover, on 2W TF, a bullish divergence is about to be confirmed (in 9 days to this candle, in green expectedly).
The mid-term target would be the trendline resistance and the long-term one is the previous ATH.
Thank you in advance for any...
tagged 200 ema on H4
invalidation below yellow line
where we have liquidity as well incase of anohter flush ..FYI
so scaled in and keeping reserves to add there if given ,
flip white line and we off to the races
rsi looks bottomed
hi traders
Let's have a look at SUSHIUSDT on 1h time frame and let's make it simple!
We can see a beautiful range.
Currently the price is in the middle of the range so it's not time to enter long yet.
Wait for the price to come back down to retest the bottom of the range . It could be a great entry for long.
Exit your longs at the top of the range.
Entry, target...
According to now, after the break of the pre-resistance range and the dynamic trigger, it can now touch the suggested areas after the pullback to the area. Therefore, if the specified range will have a green box and a dynamic trigger as a color role to achieve the specified goals. But if the range of the green box is broken, this analysis will be invalid and the...
