Sushi looking great here holding inflection points and making higher lows each time, negative momentum waves weaker each time, this thing is going to fly whether bitcoin rolls over or not, not hard to see whats going on here
rsi momentum shift, convergence
macd convergence
acc dist pure accumulation
cmf hidden divergence
white horizontal lines major fibs
yellow...
$SUSHI has been gaining momentum lately on relative weakness from general crypto market. If $BTC and $ETH can consolidate here for a while I def see $SUSHI reaching ATH's soon. Ned to flip this upper trend line first.
Falling wedge on weekly. Thinking we’ll break it next 2-3 weeks. If not just gotta ride the bounce again. Confirmed breakout level is probably around 10.50-11.00 IMO. Just speculating DYOR.
Details in chart... I am looking for Long opportunities near 6.25.
IF sushi establishes a range between 7.4-8 i will look for long opportunities on a breakout or near range lows..
blue arrows for entries
red arrow is tp
a nice consolidation and break above 8 should start a strong move toward 11
a break and close below 6 will look for re tests of lows
well my first TA actually came out correct which i'm happy about. with sushi right now i believe that we will touch that next green line on the bottom then break up. if that doesn't happen and we break past that green line I think well be in a hell of a ride probably going down to next support which to be honest i haven't checked, BTC will also play a big role in...
sushi will be doing 1 of hold blue line of support and continue to go up or it will break that support when it touches the next green line,could be good time to buy if it hits that price but i would look at btc for more info.
VAL + bCypher + somewhat near htf bButterfly + golden Pocket + hDemand
Could go either way, if the demand zone does not act as resistance it could drop down to ~3$
My bull case scenario for Sushi places us at the floor of a bull flag pattern. Assuming a continuation of the bull cycle I believe we could be headed back to $12ish in the next month or so. The measured move out of an upside break would place us around $34 with a potential move to the 1.618 fib at around $39.
I think it's also possible we head back down to the...
The last time SUSHI was at these level in both the RSI and MFI it went up from about .50 to $23.5 (47x). I doubt that we will see the same returns this time around but AS LONG AS we continue in a bull market I think we could hit the 1.618 fib at about $34 (4.5x from here).
sushi came up in 5 waves from the other day, and has been retracing very smoothly in a phase of accumulation into this high area of liquidity at 7.15ish
watch the reaction from the blue level, it's going to act like a trampoline.
targeting about $10 on this move
All DeFi assets were left to dead and seems to have no love.
$6.5 could be your bottom.
Risk/Reward from here is very good compared to other hot high flying cryptos
Targets
$9.25
$10.00
$12.4
and $15
STOP $6.00
Re-Entry at $4.80 or below
Hello Traders!
The SUSHI price has come to a support block of $6.25 - $7.90
On the daily timeframe, the RSI indicator is in the oversold zone.
Buying can be sought in the range of $6.25 - $7.40
It is safe to place a stop loss under the price level of $5.05
Targets will be price levels
$13,45
$16,20
$21,45
Good luck and watch out for the market
...
SUSHI is clearly in a BEAR cycle and has already retraced by 78.6%.
This could act as support once again
If the 78.6% doesn't hold, 90% and $3 dollar could be the next target
SUSHI has been underperforming, but can it be saved by Bitcoin?
SushiSwap (SUSHI) is a fork of Uniswap that is based on the Ethereum blockchain.
It provides a decentralised exchange that allows you to swap tokens, earn rewards via yield farming and provides other passive income opportunities, which have made it an attractive investment for many crypto...
i have a feeling alt season is coming,
a lot of people are scared of crypto right now, and that is usually when we see big moves take place in this world.
when the majority is fearful, that is when i am greedy, and when the majority is greedy, i am not fearful - i'm simply selling them my bags :^).
simple swing here with a tight stop loss.
zig-zag into the...
