SUSHI/USDT Secondary trend. Horizontal channel 11 months = 108%Logarithm. Secondary trend. Time frame 3 days.
Long-term horizontal channel (accumulation) with the step of 108%, currently 11 months long. The key “level” of the channel formation is 1.128 (last update, before the accumulation formation).
There were no stop loss withdrawals under this channel at the moment. The price is currently at the lower zone of this channel. Potential reversal zone. Working in the channel.
This is what it looks like on the line chart.
Main trend. Time frame 1 week.