SUSHIUST trade ideas
SUSHIUSDT- Woop, look at this coin :
- Price is reacting strongly at local support $6.4-$6.9. Here, bullish engulfing pattern had been created.
- As long as local support hold, highly big bullish toward next resistance $10.
So, What is trading strategy????
Buying zone : Current price.
Stop-loss : Below $6.
TP: 1. $10, 2. $12, 3. $14.
Sushiusdt: Ready for a deep diveHello traders!
I am expecting at least 25% dump in Sushiusdt. BTC is strongly bearish and I am expecting the same dump in Sushi.
Enter sell at 7.23 which is a true reversal point.
Stoploss is 2.1%
Target is 25%
Suggested leverage is 10x.
Don't forget to hit the like button and follow to stay connected.
last analysis played out exactly as predicted! ✅sushi rejected of that trendline resistance we mentioned here on tradingview around 10-11!
congrats to the shorts, I know you ate well on this dump! 🍻
Now its time to consider going long, sitting above local/trend support, target would be trend resistance.
like and follow for more 💘
SUSHIUSDT: Bullish Sushi with Bullish Divergence on 4HRStrong support range around 6.3$ - 7$
Bullish divergence in 4H frame, been waiting a while for this one lets see if it will be worth it.
resistance at : 8.8$ - 10$
keep your eyes on btc chart if it breaks 41k-40k support.
2 things you should know :
- During a downtrend: being bearish in the bigger timeframe doesn't mean you have to be always bearish in the smaller timeframe;
- And during an uptrend: being bullish in the bigger timeframe doesn't mean you have be always bullish in the smaller timeframe.
Sushi - Higher Timeframes Look BearishWe know a lot of DEFI governance tokens were hit hard in 2021 and are currently either dead or undergoing evolutions (minus a few market leaders). Sushi is a quality project but its token is in a strong downtrend, with the moving averages inverting bearish on high timeframes and a strong rejection, more downside is likely here.
SUSHI/USDT Falling Wedge 1WContinuing to watch this huge falling wedge on SUSHI/USDT 1 week chart. I absolutely love this project so I'm perfectly fine adding to my position below $6 all the way to the bottom of the trendline. TP $10 - $20
First published idea, feedback welcome.
>>> Not financial advice! DOYR <<<
Update from prev: sushi very bearish, ascending wedge broke downHello, this is an update from my earlier chart. sushi been holding up strong in the last 2 days. However, the pattern is very bearish. It has formed ascending wedge. Within the ascending wedge, there is a head and shoulder. The price has broke down the ascending wedge. It looks very bearish to me. Not a financial advice