Hello there! Don't mind my weird drawings again ๐คช
We have seen a BREAKUPโซ from an important resistance-zone at ~14.3, that was built up over the last month or so.. Nice!!
SUSHI-SWAP, along with a few other tokens, was just listed TODAY on GEMINI exchange(Number 1 trusted crypto exchange as some say).. ๐๐๐๐๐ฒ๐๐๐คฉ
IMO we have seen one H&S ( as drawn XD) above, and now we are entering our second H&S for a nice upswing to our best case scenario target at approximately ๐ฒ18.5 dollars through mid MAY ๐๐๐
This could make for a NICE bull run!๐ค๐ฎ๐ฃโซ
Let's take a look at SUSHI fundamentals from previous idea before you are convinced SUSHISWAP go LONG ๐๐
๐๐
What is SUSHI๐ฃ?
-It is a decentralized exchange (DEX), that was created to expand on the ideas of UNIs vision. SUSHI believes in straying away from KYC , less KYC = less control. This is what we want going into 2021 am I right๐ค๐๐?!!
-SUSHI is inflationary, meaning eventually the value of holding a SUSHI will not be as great as it may have been years๐ ago..
- However, since this token is still just getting started, and has not even come close to reaching its coin market cap, we have a long way to go and much potential profits๐ค๐ฒ, to be made.
-๐ฃSWAP runs off of liquidity pools, and also they use AMMs (Automated market makers), meaning investors earn the token from depositing ETH into SUSHI's liquidity pool.๐ฒ๐ค๐๐ง
-SUSHI was founded just last year AUG 2020, and started strong. Shortly after the kickoff โฝ๐โโ๏ธ, the original founder๐ผ decided to withdrawal 14 Million ๐ฒ in September of 2020.
Now, in April 2021, not only has SUSHI ๐ฃ fully recovered๐, we have reached a new ATH! WOW๐. SUSHI now has new leaders, and is going strong, teaming up with POLKA DOT creating a cross-chain DEX, among other networks SUSHI is getting involved in, so that it can keep going strong๐ช.
Swap has great potential into 2021. Since COINBASE is about to go public, more independent, tokens such as SUSHI๐ฃ are going to be the shining starsโญ๐, of the decentralized finance (DEFI)๐ฒ๐ฒ, world๐๐!
Remember, SUSHI is run through ETH, so they will be correlational to a certain degree.
Invest wisely! The market is very volatile and can be dangerous..
Always have a stop loss โ๐, set.
Any questions๐ค, thoughts๐ก๐ญ, happy๐, sad๐ข like or dislike ๐๐ in comments below! Thank you so much!
๐๐๐This is not financial advice๐๐๐
Always have a stop loss โ๐๐ฒ set please!!!!!
Thank you so much!
Jazerbay โฏ
We have seen a BREAKUPโซ from an important resistance-zone at ~14.3, that was built up over the last month or so.. Nice!!
SUSHI-SWAP, along with a few other tokens, was just listed TODAY on GEMINI exchange(Number 1 trusted crypto exchange as some say).. ๐๐๐๐๐ฒ๐๐๐คฉ
IMO we have seen one H&S ( as drawn XD) above, and now we are entering our second H&S for a nice upswing to our best case scenario target at approximately ๐ฒ18.5 dollars through mid MAY ๐๐๐
This could make for a NICE bull run!๐ค๐ฎ๐ฃโซ
Let's take a look at SUSHI fundamentals from previous idea before you are convinced SUSHISWAP go LONG ๐๐
๐๐
What is SUSHI๐ฃ?
-It is a decentralized exchange (DEX), that was created to expand on the ideas of UNIs vision. SUSHI believes in straying away from KYC , less KYC = less control. This is what we want going into 2021 am I right๐ค๐๐?!!
-SUSHI is inflationary, meaning eventually the value of holding a SUSHI will not be as great as it may have been years๐ ago..
- However, since this token is still just getting started, and has not even come close to reaching its coin market cap, we have a long way to go and much potential profits๐ค๐ฒ, to be made.
-๐ฃSWAP runs off of liquidity pools, and also they use AMMs (Automated market makers), meaning investors earn the token from depositing ETH into SUSHI's liquidity pool.๐ฒ๐ค๐๐ง
-SUSHI was founded just last year AUG 2020, and started strong. Shortly after the kickoff โฝ๐โโ๏ธ, the original founder๐ผ decided to withdrawal 14 Million ๐ฒ in September of 2020.
Now, in April 2021, not only has SUSHI ๐ฃ fully recovered๐, we have reached a new ATH! WOW๐. SUSHI now has new leaders, and is going strong, teaming up with POLKA DOT creating a cross-chain DEX, among other networks SUSHI is getting involved in, so that it can keep going strong๐ช.
Swap has great potential into 2021. Since COINBASE is about to go public, more independent, tokens such as SUSHI๐ฃ are going to be the shining starsโญ๐, of the decentralized finance (DEFI)๐ฒ๐ฒ, world๐๐!
Remember, SUSHI is run through ETH, so they will be correlational to a certain degree.
Invest wisely! The market is very volatile and can be dangerous..
Always have a stop loss โ๐, set.
Any questions๐ค, thoughts๐ก๐ญ, happy๐, sad๐ข like or dislike ๐๐ in comments below! Thank you so much!
๐๐๐This is not financial advice๐๐๐
Always have a stop loss โ๐๐ฒ set please!!!!!
Thank you so much!
Jazerbay โฏ
Comment:
Sorry for misinformation from old idea
Correction : Coinbase IPO dateโถโถโถ April 14-2021
Correction : Coinbase IPO dateโถโถโถ April 14-2021
Comment:
Always use stop loss and get multiple viewpoints thank you!!
What I am looking for (hopefully to the targets.. short-term)
Always use stop loss and get multiple viewpoints thank you!!
Comment:
Update 15 min chart, we broke above Purple trendline once again, I am looking to go to our targets. We have created a higher low and higher high! Go Sushi.. that is all
Jazerbay
Update 15 min chart, we broke above Purple trendline once again, I am looking to go to our targets. We have created a higher low and higher high! Go Sushi.. that is all
Jazerbay
Trade closed manually
For other reference thank you ๐ฃ.