SUSHI being prepared for going short with.SUSHI has been formed double Ascending Scallops, then red candles revealed a sold momentum indicator which told us that shorting SUSHI is in favor right now.
The reward is much more than the risk, remember also that STOP LOSSes is put to arrange and reduce the risk, so be cautious and place stop loss.
SUSHIUST trade ideas
SUSHI Violas still draw triangles.Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
The guys here are a familiar triangle, after the breakdown of the local resistance of $1.180, we see how the asset showed a good impulse to the $1.295 zone, net 10%
I expect to see a small correction with continued growth, I showed it approximately on the chart and identified an area of interest for buying in LONG $ 1,185-1,215
Also, if you pay attention to the RSI indicator, you will notice that the asset is in the overbought zone and a slight correction has already begun.
I do not rule out that we can see a false extension of the triangle up and then go lower, so be careful, I just put my orders and I will wait for my entry point.
SUSHIUSDT needs to hold this support
The price is testing the 4h support after a clear breakout from the daily supply.
How to approach it?
IF the price is going to have a breakout, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
SUSHI/USDT Short in liquidity zone!BINANCE:SUSHIUSDTPERP
Hi everyone, I believe that sushi will be cheaper in the coming weeks. What do you think ?
Is sushi a good option for dinner?
Maybe it is, but let's talk about charts!
The sell zone for a possible pullback is aligned with an OB, so I believe there is a good risk/return for this trade.
On the daily chart we have a well-defined support zone where new buyers go looking for purchases, but I believe in testing lows or even new lows.
I hope this study helps you, always remember: Trade at your own risk.
Good trades, see you soon
SUSHI - A potential move down to $0.7Hi,
This is iJustCoin, the one lucky trader who puts his money where his mouth is!
Sooo, if money is evil, this is going to be a hell of a weekend!
Look as SUSHI price action at the 3h! Price fromed a pennat on SUSHI.The pennat has been broken downside. I caught a short in the Red Rectangle area and sold at $1.302.
I am expecting the price action to test the previous support trend line of the pennant as a resistance and reverse down after that.
Using Trend Based Fib Extension i expect the price action to touch 0.5 and 0.618 fib levels which are $0.701 and $0.832 price levels.
They are pointed at the chart as a Green Rectangle.
I expect that to happen between November 22 and November 24.
Let's make some money to get our dreams come true!
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Click like and make sure you are following me on TradingView!
Feel free to ask me any questions related to the idea in the comment section - i'll be glad to reply.
Good Luck, Bye-bye!
And remember this market doesn't respect doubters!
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Chart Code:
Pastel Green Vertical Line - Long Signal (PAI Reader Strategy)
Pastel Red Vertical Line - Short Signal (PAI Reader Strategy)
Red Dashed Lines - Downward Reversal Momentum
Green Dashed Lines - Upward Reversal Momentum
Green Rectangle - Buying Area
Red Rectangle - Selling Area
Red Line - Stop Loss
Bold Aqua Dotted Line - Estimate Price Direction
Yellow Dotted Lines - Estimate Timerange of the price target might be getting hit
Orange Dotted Line - Profit taking Point
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trend resistance still acting as support.. 👀on nov 3rd I said look for 1.8-2 before next dip, congrats to longs that secure gains! now what?
1 dollar psychological support held, previous trend resistance is still support, oversold RSI.
short term dip is possible, but eventually we should rally to 1.4-1.6 in the short term.
I still hold a 100% accuracy on this name all year, love to see it! drop a boost and follow for more! :)
SUSHIUSDT 50 % drop likely - BewareSushi remains in the long-term downtrend and looks as bad as many other altcoins.
In this case we also expect 50 % drop.
The price already broke below the upsloping support line and is retesting it as a resistance.
- We expect the rejection and continuation to the downside.
- Even if the price manage to pump above the upsloping line that should be acting as a resistance now, there´s still the major downsloping resitance line where we expect the rejection and downtrend continuation.
- Retesting all time lows is likely as long as the trend remains bearish but there´s also support at 0,60$ which would be approx. 50 % drop.
- To become bullish the price has to break above the downsloping resistance line which is less likely in our opinion especially that BTC.D is expected to bounce from its key support.
Good luck