SUSHI 5th WaveSUSHI seems to be finishing a 5-wave cycle and a larger correction should be expected soon.
I don´t rule out that wave 5 may still be in progress as an ending diagonal, but I would only take quick scalp trades at current levels.
An interesting pullback zone is the 1.3-1.4 region, which is a key support-resistance level and matches the 50% retracement level.
SUSHIUSDT.PS trade ideas
SushiSwap Bullish: A New Era in Crypto Accumulation StrategyEmbark on a journey into the world of crypto accumulation with SushiSwap Bullish, a groundbreaking concept designed to revolutionize the way investors approach long-term growth in the cryptocurrency market.
SushiSwap Bullish is not just another trading strategy; it's a comprehensive approach that combines the innovative features of decentralized finance (DeFi) with the proven principles of bullish market sentiment. With SushiSwap Bullish, investors can leverage the power of SushiSwap, a leading decentralized exchange (DEX) built on the Ethereum blockchain, to strategically accumulate their preferred crypto assets for long-term gains.
At its core, SushiSwap Bullish operates on the principle of long accumulation, emphasizing patience and strategic planning over short-term gains. By gradually accumulating assets over time, investors can benefit from dollar-cost averaging and mitigate the impact of market volatility. This approach aligns perfectly with the ethos of SushiSwap, which emphasizes community-driven governance and sustainable growth.
Key features of SushiSwap Bullish include:
Long Accumulation Strategy: Investors can set their sights on long-term growth by steadily accumulating their chosen crypto assets over time. This strategy is particularly well-suited for investors seeking to build a strong foundation for their portfolio and capitalize on the potential of emerging projects.
Tactical Positioning (TP) Setting: SushiSwap Bullish empowers investors to set tactical positioning targets based on their risk appetite and investment goals. Whether aiming for specific price levels or percentage gains, investors can customize their TP settings to optimize their accumulation strategy.
Integration with SushiSwap: As a decentralized exchange powered by automated market makers (AMMs), SushiSwap offers a seamless trading experience with minimal slippage and low fees. SushiSwap Bullish leverages the liquidity pools and swapping capabilities of SushiSwap to execute accumulation strategies efficiently and cost-effectively.
Community Engagement: SushiSwap Bullish is not just a tool for individual investors; it's a community-driven initiative that fosters collaboration and knowledge sharing among like-minded individuals. Through forums, social media channels, and educational resources, participants can learn from each other's experiences and collectively contribute to the success of the platform.
With SushiSwap Bullish, investors can embrace a new paradigm of crypto accumulation, characterized by patience, strategy, and community empowerment. Whether you're a seasoned trader or a newcomer to the world of DeFi, SushiSwap Bullish offers a compelling opportunity to participate in the future of finance and unlock the full potential of your crypto portfolio. Join us on this exciting journey and discover the possibilities of long-term growth with SushiSwap Bullish.
SUSHI/USDT Showing a bounce from the support, Potential upward!💎 SUSHI has recently demonstrated significant market dynamics, rebounding from the support area, indicating a potential continuation of its upward movement towards the resistance level around $2.15.
💎 If SUSHI breaks out above this resistance area, it could facilitate an easier path toward reaching our target area.
💎 However, if SUSHI faces rejection at the resistance area, there's a possibility of a retracement to test the support region between $1.65 and $1.45.
💎 When SUSHI approaches the support area, it's crucial for it to bounce, given the area's importance.
💎 Failure to hold this support level could lead to further downward movement, potentially testing lower demand areas. If SUSHI breaks below this support, along with the trendline support, it would confirm a bearish trend, leading to further downward movement.
SushiSwap (SUSHI) Breakout: $1.94, $2.00, and $2.15 Key LevelPredicting a potential breakout for SushiSwap (SUSHIUSDT) in the coming days. The token is currently hovering around $1.80, and a decisive break above this level could see it surge towards $1.94 in the daily timeframe.
This bullish momentum could extend further, with eyeing $2.00 as a key resistance level. If SUSHIUSDT can reclaim this level on the daily timeframe, it could pave the way for a climb to $2.15, a significant resistance point.
However, failure to break above $1.80 could lead to a pullback down to $1.50. Investors are closely watching this price point as a potential support level.
Sushi Price Has Indicated Signs of a Bullish TrendSushi ( CRYPTOCAP:SUSHI ) price indicating readiness to move higher after it recently overcame a key hurdle. If the market outlook remains unchanged, and most of the Altcoins resume their Bullish streak? then CRYPTOCAP:SUSHI could trigger a massive upswing.
Sushi price consolidation above $1.012 lasted which for 2 months, leading to a 109% rally in the next five weeks. This move bridged another critical hurdle at $1.628 and currently maneuvers above it. But with Bitcoin's ( CRYPTOCAP:BTC ) price finding a new support level? investors need to exercise caution.
If CRYPTOCAP:BTC continues to move sideways or trends higher, then the Sushi ( CRYPTOCAP:SUSHI ) price could start a bullish trend. However, Sushi's ( CRYPTOCAP:SUSHI ) Relative Strength Index (RSI) which is 48.96 poses as a moderate indicator to accentuate the bullish thesis on Sushi ( CRYPTOCAP:SUSHI ).
A potential correction to the support level at $1.267 could be likely. So, a bounce around $1.267 or $1.628 will be good accumulation zones for patient CRYPTOCAP:SUSHI buyers. Assuming the Sushi price bounces from its current position a retest of the $2.785 resistance level would constitute a 70% gain.
On the other hand, if Sushi ( CRYPTOCAP:SUSHI ) price breaks the $1.267 support level, it would signal weakness. If the selling pressure continues to build, SUSHI could slide lower and tag the $1.012 barrier.
SUSHIUSDT range tradinghi traders
Let's have a look at SUSHIUSDT on 1h time frame and let's make it simple!
We can see a beautiful range.
Currently the price is in the middle of the range so it's not time to enter long yet.
Wait for the price to come back down to retest the bottom of the range . It could be a great entry for long.
Exit your longs at the top of the range.
Entry, target and stop loss are shown on the chart.
Good luck
Alikze »»SUSHI | Pullback to dynamic trigger is brokenAccording to now, after the break of the pre-resistance range and the dynamic trigger, it can now touch the suggested areas after the pullback to the area. Therefore, if the specified range will have a green box and a dynamic trigger as a color role to achieve the specified goals. But if the range of the green box is broken, this analysis will be invalid and the alternative scenario should be checked and the post updated.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Sincerely.❤️
»»»«««»»»«««»»»«««
Sushi Ignited: Don't Miss Out on This Buy Trade!Sushi (SUSHI) Fundamentals:
Decentralized Exchange (DEX): SushiSwap, powered by the SUSHI token, is a DEX built on Ethereum. Unlike traditional exchanges, it uses smart contracts to facilitate peer-to-peer trading without intermediaries.
Automated Market Maker (AMM): SushiSwap uses an AMM model, relying on liquidity pools created by users to enable trading. Users can earn rewards by providing liquidity.
Governance Token: SUSHI holders have voting rights on proposals that shape the future of the SushiSwap ecosystem.
Recent News (as of March 15, 2024):
Price: SUSHI is currently trading around $2.04, with a slight dip in the last 24 hours.
Market Cap: The market capitalization of Sushi is around $481 million, ranking it roughly #174 among cryptocurrencies.
Disclaimer:
This information is for educational purposes only and should not be considered financial advice. The cryptocurrency market is volatile, and past performance is not indicative of future results. Always conduct your own research before making any investment decisions.
SOME SUSHI ?!Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
SOME SUSHI?!
👉As we can see bulls took over finally after breaking above our major swing high, posted before on my profile, check it out!
Then what's next?
Price is now overall bullish trading inside this channel sitting around a resistance zone, Meanwhile, for the bears to take over, we need a break below the marked swing low, then a movement lower would be expected.
👉Unless price managed to break above our resistance zone with a momentum candle close, then a movement higher would be expected
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
📈 SushiUSDT Analysis 🚀🍣📈 SushiUSDT Analysis 🚀
In this analysis, we'll be taking a closer look at the SushiUSDT trading pair. Let's dive in and see what the charts are indicating! 📊
🔍 **Monthly Liquidity Assessment:**
External monthly liquidity has been taken into account, which is a positive sign for the market. This suggests that there's a healthy level of participation from external traders, potentially indicating growing interest and a more robust trading environment. 🌐💰
🕯️ **Monthly Candle Closing Above:**
The monthly candle closing above a certain level is a key technical signal. This could signify strong bullish momentum and potential upward movement in the price of SushiUSDT. It indicates that buyers have been consistently active throughout the month, and this could lead to a continuation of the positive trend. 🕯️📈
💼 **Trading Decision:**
Based on the factors mentioned, it seems that the conditions are favorable for a potential spot entry. The external monthly liquidity and the positive close above a certain level both align with a possible bullish scenario. Traders might consider entering the market for potential gains. 🚀📉
📈 **Price Projection:**
While we can't predict exact price movements, the combination of external liquidity and the bullish candle close suggests a potential upward trajectory for SushiUSDT. However, as with any investment, it's important to conduct thorough research and consider risk management strategies. 📉🧐
🔑 **Key Takeaways:**
- External liquidity participation indicates growing interest from traders.
- Monthly candle closing above suggests strong bullish sentiment.
- Consider the potential for a spot entry, but exercise caution and manage risks effectively.
Remember that trading and investing carry inherent risks, and market sentiment can change quickly. Always make informed decisions and stay updated on market developments. Happy trading! 💹🚀
(Note: This analysis is for informational purposes only and should not be considered financial advice. Trading cryptocurrencies involves risk, and it's important to do your own research before making any investment decisions.) 📊🚫📉
✴️ SushiSwap (1 Through 4) Entering New Long-Term Bull-MarketWe've divided this chart in 4 parts:
(1) The bullish phase for SushiSwap happened late 2020 through early 2021.
(2) The bearish phase happened from early 2021 through mid-2022.
(3) The accumulation+bottom (recovery phase) happened between mid-2022 and mid-2023. Still on-going but reaching its end.
(4) Next, the market will enter a bullish phase. A new long-term bull-market.
It is pretty exciting... Can't wait to see, feel, hear and experience major growth in the year 2024.
Follow me and we will ride this wave together.
Thanks a lot for your support.
Namaste.
SushiSwap (SUSHIUSDT): Potential 160% ProfitAfter 658 days, SUSHIUSDT is expected to close above $1.838 and initiate a bullish rally.
Two stop-loss levels are suggested:
First stop-loss: 31% at $1.328
Second stop-loss (recommended): 52% at $0.931
First target: $4.931
For spot trading, a risk-free approach is recommended, where only a portion of the investment is allocated.
RSI is currently overbought, indicating a high buying pressure and potential risk.
If SUSHIUSDT can stabilize above 73.35, it can move between 77.54 and 84, which can be a significant price increase.
SMA7 is located behind the weekly candle, which can further support the upward movement.
This analysis is solely my opinion and should not be considered as financial advice. Any investment decisions should be made at your own risk and after conducting thorough research