2)GOOD SUPPLY AND DEMAND
1) in a UP trend
2) In Breakout
3) High Volatile
Signal Type: Long
◼️Entry: 1.560 - 1.464
🟢 Targets : 1.599 : 1.653 : 1.692 : 1.839 : 2.031
TRADE WITH YOUR OWN RISK
". 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."
. 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...
SUSHI is indicating another 10-15% fall towards 1.770-1.682 from around 1.889-1.930 Range.
Possibility will get negated if BTC closes a complete 5 minutes candle above 1.930.
This Analysis and Trade Setup is based on 38% Retracement Breakout Trading Strategy.
I am following SUSHI from very long time and successfully TRADING on this specific coin so far. As per moment we are understanding with BTC & ETH. Sushi is clearly showing breakout soon and we'll see SUSHI touching $13 Soon and in upcoming month we'll see making it ATH.
Time to LONG
Every time Sushi tests it's below trend line it bounces back to it's 8.300 resistance. It is now consolidating near the resistance. where, if it breaks the resistance we see a bull move till 9.300 and for a down move it needs to break it's horizontal line near 7.760
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...