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Sushi

$SUSHI | Similar Fashion Here PotentiallySUSHIUSD has done this pattern similarly if you scroll to the right: breaking Bollinger Bands upper band with extreme levels of over bought in an almost TRIPLE TOP fashion. Plus a decent sized bearish candle that followed. Difference we have here is it's being rejected off of a major resistance zone (drawn off WEEKLY). I think we see the beginning of a downtrend which follows suit with the crypto market in general currently. Potential landing points are the support lines drawn off the daily. A safe trade is the STOP LOSS above the SWING HIGH and take profit above the nearest support line but if an avalanche happens I suspect the 2nd support line to be adequate because you also have to take into account the 20 MA and 50 EMA which would be around that area.
COINBASE:SUSHIUSDShort
by CryptoHotep
1
Sushi - Bearish Divergence 4HSushi has ben on the roll recently, with strong bullish pressure making its price reach its multi-month high. On the 4H time frame SUSHI is forming a bearish divergence with higher highs on the price and lower high on both MACD and RSI. RSI its losing momentum at the moment of the writing, while still sitting in overbought territory. I would open a short at these price, with target price at the demand zone at around $1.2. Remember that buying pressure is still very high as highlighted by the volume levels, thus play safely.
Short
by crypto_angelz
SUSHI the last resistance before FOMO kicks in SUSHI / USDT SUSHI become one of first coins to break its major trendline resistance which could be a start of new bull cycle But before we get excited there is last important resistance in my chart breaking it out with strong volume will complete the inverse H&S which is another bullish pattern then fomo will kicks in Keep your eye in this coin ! ❤️if you enjoy my long term analysis then dont forget to support my work so i will publish more ❤️
Long
by Babenski
26
SUSHI hit targets again. 340% profits. What's next?Hello, dear TradingView members. This is a SUSHI idea. Once more, we opened our positions on SUN around the $1.087 area, which was a solid support level and a great buy/long opportunity. So far, we have made about 34% (340% with a 10x leverage) profit, and it's safer and more logical to close all positions now. Do not FOMO. If you're a risk taker, you can wait for the solid resistance and close your positions, but don't forget to use local resistance as your SL. As you can see on the chart, this coin has reached 2 levels of resistance on the hourly and daily timeframes based on the Fibonacci retracement. There are three support levels on the way down, which will let us open more long positions when we get more confirmation. But for now, we should wait and see. RSI is overbought, and the price has more room to go down. Now let's see your ideas. Let's have a discussion. Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.
by ShawnMCR
6
BITCOIN 6H Breaking TrendLine Now In the previous analysis, I mentioned the support of the trend line in the 2-hour time frame, and the first drawn trend line supported the price. Now, in the 6-hour time frame, I have drawn the support and resistance range, and the drawn trend line has recently been broken, and if the pullback is completed, it will increase the price and break the resistance, otherwise the fall will continue. Its not Buy or Sell SIGNAL DYOR BY : M.TeriZ - @AtonicShark
by AtonicShark
2
SUSHI pumped 13%. What's next?Hello, dear TradingView members. This is a SUSHI idea. SUSHI pumped about 16% today and made it to the top gainers' list. Right now, it is rejected by the upper Bollinger Band and the local resistance area. The resistance level on the chart is substantial since it used to be SUSHI's support level for a long while. Two support levels are on the way down, holding the price up for now. Scenario One: The price will consolidate sideways near support and back up to retest the resistance levels. Scenario Two: The price move near the resistance level and gets rejected down on lower support levels. RSI is oversold, and the price has more room to go down. Now let's see your ideas. Let's have a discussion. Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.
by ShawnMCR
15
Sushi great risk/reward spot positionthis is more of mid term play rather than a day trading position. i am setting orders to buy SUSHI between 1$ and 1.03$ and i plan on keeping it for a at least a few days and that is why i am going to make a spot position and not a leveraged futures position. i will hold it even if it goes a little under. technicallly it is time for sushi but also news are coming on the 26th. also,if the third tap on the support is met,that is huge signal for a mid term buy. i will keep it at least until price meets the red descending line of resistance or the resistance at 1.17 basically we want it to drop short term so we can buy,and then we need a slow and steady pump. orange lines are resistance points in case you want to get out sooner.
Long
by POWcharts
SUSHI usdt is one of my favoritesi will set an order to go long on sushi at 1.022$ at x3 leverage. If this order is filled,i will set 3 take profit orders 1.067 4.5% (13.5%) 1.095 7.1% (21.3%) 1.124 10% (30%) I will cut losses if 4Hour candle closes below 0.995 (i will update here) This idea is supported by technical analysis and this week Sushi will announce a new CEO. also,for the time being BTC will probably bounce around 22k which means most alts will bounce as well FOLLOW FOR MORE
Long
by POWcharts