Sushiswap cloned Uniswap and launched SUSHI before UNI. Both coins have bottomed out. UNI had a hype cycle on Coinbase listing. Sushi had a pump cycle on Huobi listing and then a dump cycle on Binance futures listing. Platform is stronger than ever and it appears that devs have bought back.
In my previous technical analysis, I noticed that I made a mistake. Analyzing a project that is still very new on a logarithmic scale can cause errors. So when we convert the graphic to a geometric scale, a much smoother pattern emerges. Sushi now; perhaps it may be the cheapest level to buy. It can be entered with 25% balance to reduce the risk.
If yes, buy SUSHI in that region and wait , it will break 4hrs descending trenline very soon and the price will go to 4.2 - 5.00 very very quickly. Don't miss this opportinity.
SUSHI Analysis - 13 September
SushiSwap finds stability after a gruesome week, recovery is in the offing. SUSHI/USD bulls must defend the triangle support to avert any lingering declines back to $1.00. The embattled and epitome of DeFi drama, SushiSwap token seems to have found some semblance of stability after last week’s rollercoaster ride. Support has been established and embraced at...
This is kind of a joke, but kind of not. Sushi started with a bubble at it's binance listing. Then came the correction, then came the drama, and now its in a bit of a wait-and-see with ChefNomi exit, $band, migration, governance, etc. Looking at the chart, there are similarities to Bitcoin's 2017 bubble top. Eventually, Bitcoin would return and spend a lot of...