Long: $2.12 Target: $2.31 Stop: $2.05 Good Luck!!!
I chart that the Sushi token is going down at least 17%. Rejected from this trendline. Failing to make new MS. A couple of bearish candles hanging around. Even if you move the trend line Sushi finds itself within a 20% channel on the 4hr TF. However, there is a higher quality supply at $1.63. Be aware. This target of $1.12 would create a double bottom....
sushi is cooking triangle pattern. Good entry area load up potential jump on breaking triangle.
Check my sushiswap video. Right now 1.2 is being retested as support. If this holds and we make higher high above 1.44, all good. Next target 2.2.
It can breakout here or drop one more time to create a bullish divergence. First target is $3.
Think we're heading down to the fill the liquidity void below. Swing failure above the highs, currently breaking a structure with untapped lows and a liquidity void. OTE and Previous Liquidity Void will be used as confluence in this situation, as well as a the OB being right there.
If this doesn't play out by Monday, then I would likely reassess. I expect moves like this that are contrary to general sentiment to play out often on weekends.
Don't be gullible and believe this chart . Like most people on here, I have no idea what I'm doing. I'm only testing a wedge - we'll see in a week if it's correct or not.
Expecting a pump to $3 very soon. Price has dumped nearly 90% and developer agreed to put money back in that made the price dump. Alameda is in to support the project, I won’t bet against it. I’m in.