SushiBTC A classic Cup And Handle formation with breakout
HI Everyone,
Sushibtc was being an underperformer in the last 3 months as it was in consolidation.
Now, it has done Something very interesting and worth looking.
A Clear cup and handle formation completed with Breakout.
Daily Ichimoku Broken As well suggest a breakout.
A daily close above 4th feb 2021 pivot would add another confirmation.
Mfi indicator currently sitting at 75 and we expect it to reach 83-85 before a correction as it happened the last two times.
So a lot of positivity lies around this pair only need momentum and it will head towards 10000 sats target which would be a major milestone and time to take profits.
Best of luck
Take care
Please like and subscribe for more analysis
Sushibtc was being an underperformer in the last 3 months as it was in consolidation.
Now, it has done Something very interesting and worth looking.
A Clear cup and handle formation completed with Breakout.
Daily Ichimoku Broken As well suggest a breakout.
A daily close above 4th feb 2021 pivot would add another confirmation.
Mfi indicator currently sitting at 75 and we expect it to reach 83-85 before a correction as it happened the last two times.
So a lot of positivity lies around this pair only need momentum and it will head towards 10000 sats target which would be a major milestone and time to take profits.
Best of luck
Take care
Please like and subscribe for more analysis
Comment:
It has done a perfect retest of the Channel/ handle CLosing abovie the channel and ichimoku cloud would be positive.