SUSHIUSDT.PS trade ideas
SUSHI/USDT Secondary trend. Horizontal channel 11 months = 108%Logarithm. Secondary trend. Time frame 3 days.
Long-term horizontal channel (accumulation) with the step of 108%, currently 11 months long. The key “level” of the channel formation is 1.128 (last update, before the accumulation formation).
There were no stop loss withdrawals under this channel at the moment. The price is currently at the lower zone of this channel. Potential reversal zone. Working in the channel.
This is what it looks like on the line chart.
Main trend. Time frame 1 week.
SUSHI - The Worst Is Yet to ComeLooking at this SUSHI/USDT weekly here and I believe the worst is yet to come, for this and some of the other alts as well.
Sushi took out the SOS highs, and then fell right back below them. That's a textbook re-distribution, which tells me that we have to take out the lows, at the very least.
On top of that, you have this measured move from the head and shoulders that lines up perfectly with the 1.618 down at $0.3777.
This is another "low volume coin" on Binance, similar to WAVES, OMG, and XEM. I believe it could also see a similar breakdown.
30 Day Volume is under $5m, just like the 3 that were already de-listed. Even if Sushi doesn't get de-listed, it could still drop just as heavily in the coming days.
If you are holding or trading Sushi, be careful!
SUSHI/USDT Ready For a Bullish Reversal From a Key Support💎#SUSHIUSDT is making a pivotal retest at the lower boundary of its ascending channel. We expect a bullish rally from the $1.10 support level towards the channel's upper resistance.
💎However, if #SUSHI fails to sustain momentum from the $1.10 support and breaks below, we could witness a continuation of the bearish trend. The next essential demand zone at $1.02 is on standby, known for its capacity to drive significant bullish reversals due to its strong liquidity.
💎 In contrast, if CRYPTOCAP:SUSHI tests this demand zone once more, it's vital for the asset to confirm a rebound to sustain its support level. Any failure in this regard could amplify bearish forces, negatively impact market sentiment, and potentially precipitate further price declines.
💎Keep your trading strategies flexible and your senses tuned, Paradisers. Your ParadiseTeam is vigilantly tracking these developments and ready to navigate you through the fluctuating dynamics of the #SushiSwap market.
MyCryptoParadise
iFeel the success
Is it time for make decent profit on SUSHI?0.8-1 area was beautiful opportunity enter, but don't worry we got another chance right here. Sushi couldn't break 1.1 area in last month. Fortunately we see big bull candle close above 1.1 area and consolidating over it. That is a great sign to go up and lovely to see it. And beautiful H&S pattern forming right now. If you don't want to take risks and wants to take it slow, I suggest you enter in long position after neck breaks.
Sushiusdt Buy opportunitySushiusdt has finished 5 downward waves and is anticipated to proceed with a minimum of 3 corrective waves moving upward. We have indicated the buy opportunity area, as well as the supply zone as the immediate target, along with the final setup target.
The post will be updated as the market progresses.
SUSHI --- Bull run targetsIt's a Cycle 2 coin
with a Cycle 2 narrative #DEFI
So don't expect new high's
Still ... money can be made in Defi, DEX's . Yield ...
It's just not that sexy .
Is what it is friends, we can't fight the Market.
May be we get a right shoulder fill out and then breakout for these linear and log targets.
Best of Luck
(Higher price more risk now ofc)
SUSHIUSDT Potentially for a LongBINANCE:SUSHIUSDT broke slightly above the 1.7283 area. With the reversal pattern taking formation, BINANCE:SUSHIUSDT will likely be in for a long position. This does not mean that there may not be some further dips, but with the dips comes an opportunity to buy more.
Past results does not guarantee future results, do your due diligence before taking any trade idea.
SUSHI LONG SETUP ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer
SUSHI UPDATE (1D)The diametric that we specified in the previous analysis is still valid.
After the completion of the D wave, it can be pumped for the E wave.
The target can be the red box.
The green range can be a low risk range for buy/long positions
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You