SUSHIUSDT.PS trade ideas
SUSHI/USDT Riding the Bullish Momentum?Hey there! I've been analyzing the SUSHI/USDT on the H4 timeframe and The price has hit a key level of support at $1.023, which coincides with the bullish trend line. This could be a signal that the price might continue to go up from here. **but as always, it's important to do your own research and make sure that this aligns with your investment strategy. Good luck!**
**NOTE:"I prefer to observe price behavior within a defined range and wait for a confirmation candle."*
SUSHIUSDT (Daily) - Bearish breakoutHi Traders
SUSHIUSDT (Daily Timeframe)
The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 0.997 support level. Only the upward break of 1.300 would cancel the bearish scenario.
Trade details
Entry: 0.997
Stop loss: 1.300
Take profit 1: 0.814
Take profit 2: 0.517
Score: 5
Strategy: Bearish breakout
SUSHI price preparing for a rapid up move? Diamond on the chartFor almost a year, Sushi has been accumulating, most likely, a long position. Is there something "big" in the pipeline and soon everyone will see some news that will make everyone buy Sushi because the price will start to rise rapidly?)
If you try hard, you can see and draw the Diamond pattern on the chart , the target of developing such a pattern on the SushiUSDT chart is $3-3.30
The ideal buy price for Sushi is $1-1.10
The critical level is $0.90
The "key level" for the start of the growth trend is $1.60
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SUSHIUSDT (1H) - Bullish breakoutHi Traders
SUSHIUSDT (1H Timeframe)
The market is in an uptrend and we are waiting for an entry signal to go LONG above the 1.289 resistance level. Only the downward break of 1.179 would cancel the bullish scenario.
Trade details
Entry: 1.289
Stop loss: 1.179
Take profit 1: 1.351
Take profit 2: 1.457
Score: 7
Strategy: Bullish breakout
SUSHI ROADMAP UPDATEHi, dear traders. how are you ? Today we have a viewpoint to SELL/BUY the SUSHI symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Sushi is ripe for a squeeze! Pt2Continuation of previous idea posted Aug 16, 2022
Notes on how I personally use my charts/NFA:
Each level L1-L3 and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's, in-between or in Between Sell levels these percentages are still respected. I like to use the trading range to accumulate by using this tactic.
Just my personal way of using this. This is not intended or made to constitute any financial advice.
This is not intended or made to constitute any financial advice.
FED Macro Situation Consideration:
All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over.
NOT INVESTMENT ADVICE
I am not a financial advisor.
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