💎 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...
so volume is low during weekends so we can take a quick trade here and close the trade by sunday night as market may see a rise from monday so do put a stop loss. NFA
REASON
1)UPTREND
2)GOOD SUPPLY AND DEMAND
UP
1) in a UP trend
2) In Breakout
3) High Volatile
Signal Type: Long
SUSHI/USDT Long
Leverage: 5x-10x
◼️Entry: 1.560 - 1.464
🟢 Targets : 1.599 : 1.653 : 1.692 : 1.839 : 2.031
TRADE WITH YOUR OWN RISK
TRY BINANCE
Trading 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...
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.
Hello Everyone,
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
