Tez8

SUSHI: Falling Wedge - Dip + Buy - Target $30

Long
FTX:SUSHIUSD   Sushi
SUMMARY: Anticipate a final dip before SUSHI looks to hit $30+ price target. (bullish for the next few days)


-- Technical --
End of April there was a sharp correction and SUSHI has been in a consolidation period correlating with BTC.

We have a falling wedge, looks like moment will carry SUSHI outside of the wedge before reverting back down.

MACD daily shows up moment slowing and reversal coming. (bullish for the next few days)

RSI 1D support continue up moment for the next several days. (bullish for the next few days)


-- Fundamentals --

Mkt Cap is $2.5bn and could see Sushi achieving a $8bn mkt by the end of the bull run. - very bullish

We could see a 4x (ish) growth in SUSHI token value for 2021.



$$$ Happy Bull Market Alts season is here $$$

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*Not financial advice and is for educational purposes only. Always DYOR.

SO: What do you think, have I got it right? Let me know below.

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