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SUSHISWAP / USD PERPETUAL SWAP CONTRACT

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SUSHIUSDT.P trade ideas

Is SUSHIUSDT About to Break Out or Break Down?Yello, Paradisers! Are we on the brink of a big move in SUSHIUSDT, or are we about to see a breakdown? Let’s dive into the current setup so you're fully prepared for what might come next! 💎SUSHIUSDT has formed a falling wedge pattern—a bullish signal that’s increasing the probability of an upward move. Along with this, SUSHIUSDT is consolidating near a key support zone, further boosting the chances of a breakout. However, for us to be confident in this bullish scenario, we need to see a Change of Character (CHoCH), confirming a shift toward a bullish market structure. 💎What should you look out for next? If the price rises from current level, the safest move is to wait for a clear breakout and for a candle to close above the resistance zone. This would not only increase the probability in our favor but also form a W pattern, which is another strong bullish indicator. 💎On the flip side, if the price breaks down and closes below the support zone, our bullish thesis gets invalidated, and it’s time to re-evaluate the situation. 🎖Remember, disciplined trading is key to long-term success. Stay focused, patient, and always wait for the highest-probability setups to present themselves! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
SUSHI Breakout Alert! 🚀 Bullish Momentum Building!💎 SUSHI has recently broken out of a resistive trendline and formed an inverse head and shoulders pattern, accompanied by signs of increasing market strength (CHoCH & BOS), which suggests a higher probability of a bullish move. 💎Should the price successfully break out above the neckline and resistance area of the inverse head and shoulders pattern, we could anticipate potential targets up to the next resistance levels. In the event of a pullback, a bounce from the demand area could be expected. 💎However, if the price breaks down below the demand level, it would be prudent to wait for clearer price action signals before making any trading decisions.
Long
by MyCryptoParadise_Nathan
💡Don't miss the great buy opportunity in SUSHIUSD @SushiSwapTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.504 ). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . SUSHIUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 74. Take Profits: TP1= @ 1.708 TP2= @ 1.815 TP3= @ 1.979 TP4= @ 2.173 TP5= @ 2.323 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
2
[Crypto] SUSHIUSDT Swing BetNote - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives. I also do my trades live, Please refer to the link to my footer if you want to tail me. =======
Long
by Amit_Ghosh
1