. There is a possibility of temporary retracement to suggested support line (0.000249). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. SUSHIBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic...
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The price has been able to attack the uptrend line once and has not been able to go passed it and now it is again trying to move toward that line again. If it is not able to break the line again, it will be subject to falling again.
But if it is able to break that price, we will see higher...
$SUSHI looking interesting for a long at this stage, retesting and bouncing on previous support of 6.15. Hourly support holding up and looking nice for a long position.
Entry at 6.15 and looking to take profit around the 7.15-7.30 region. Stop set at 5.85.
Trading obviously comes with risks and as always this is not financial advice, just my thoughts.
CRYPTOCURRENCIES ARE BREAKING OUT, They can't wait Bitcoin, The big brother is too daunting.
Symbols: AAVE, LTC, VET, SUSHI, BEL, WAVES
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This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own...