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ChrisZDC

Update from prev: sushi very bearish, ascending wedge broke down

Short
SushiSwap / Tether (KUCOIN:SUSHIUSDT)  
ChrisZDC Updated   
KUCOIN:SUSHIUSDT   SushiSwap / Tether
Trend Analysis Wedge Head and Shoulders ascendingwedg
10
9
trendanalysis wedgepattern headandshoulders ascendingwedg
Hello, this is an update from my earlier chart. sushi been holding up strong in the last 2 days. However, the pattern is very bearish. It has formed ascending wedge. Within the ascending wedge, there is a head and shoulder. The price has broke down the ascending wedge. It looks very bearish to me. Not a financial advice
Comment:
Lets look at the daily chart as well.
snapshot
We see currently we have red candle. We have negative divergence on RSI, Stoch RSI and MACD. Bearish
Comment:
hello, guys, i dont wanna say anything. target 1 reached
Comment:
Hello, guys, it seems like sushi reached the lowest 6.5 this morning, it was approximately around the target 2 region
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