SUSHISWAP sushi usd back on track to $20 this month ?
It might be late update but such a clear chart pattern for me :
1. A clear reverse head & shoulders pattern.
2. Already touch my support area couple days ago , my yellow line, & holding above 50 SMA line since 9feb.
2. MACD finally back to 0. considering healthy movement for back to bullish .
Fundamental reasons:
1. Halving reward effect (math logic as #Bitcoin halving did)
2. BentoBox lending product incoming this month (hopefully)
3. New product on development called "MISO" (Minimal initial Sushiswap Offering)
4. ....Mark Cuban revealing his crypto investment, one of them is $SUSHI lol
(reupload due to my ignorance of the house rules)
--
!! That is my personal hope & observation nor financial advice. I am not self-claimed pro/wizard TA analysist lol.
just documenting my own reasons of my investment & trading.
1. A clear reverse head & shoulders pattern.
2. Already touch my support area couple days ago , my yellow line, & holding above 50 SMA line since 9feb.
2. MACD finally back to 0. considering healthy movement for back to bullish .
Fundamental reasons:
1. Halving reward effect (math logic as #Bitcoin halving did)
2. BentoBox lending product incoming this month (hopefully)
3. New product on development called "MISO" (Minimal initial Sushiswap Offering)
4. ....Mark Cuban revealing his crypto investment, one of them is $SUSHI lol
(reupload due to my ignorance of the house rules)
--
!! That is my personal hope & observation nor financial advice. I am not self-claimed pro/wizard TA analysist lol.
just documenting my own reasons of my investment & trading.
Comment:
catalyst update: Grayscale considering sushiswap. + Coinbase Custody adding sushiswap. DYOR
Comment:
Eventho we almost hit $20 this February,,we build a strong floor structure ($16~$13). Expecting some wonderful updates by March (more collaboration, grayscale & coinbase things, and more defi product release.). By the way, Sushi is officially DeFi bluechip by $DPI
