Sushi
🆓SushiSwap (SUSHI) Apr-19 #SUSHI $SUSHI
SUSHI is having a very strong support at $2.8-3. SUSHI can rise to the $4.2 and $4.8 zones in the near term. The $4.8 zone is a very strong resistance and it needs to be overcome for a further increase in May.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 2.8$ zone
🔴Buy : 3 - 2.8
🔴Sell : 3.6 - 4.2 - 4.8
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 2.8$ zone
🔵Sell : 2.8
🔵Buy : 2.5 - 2.2
❓Details
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
SUSHI falling wedge#SUSHI/USDT
$SUSHI is inside weekly falling wedge.
there is support between $2.63 and $1.62 that is the same with lower line of wedge.
🐮 price can drop more to lower line of wedge, then head up to break out from upper line of this pattern.
break out from falling wedge pattern will increase price toward resistance zones shown in chart.
SUSHI Bullish DirectionAs we can see here, SUSHI is going with one of these triangles and every is bullish. After breaking the basic triangle we could see pump trough some resistances and if we will break the falling wedge then we could make long position with the main target. I will inform you soon rn watch it and if it will be about to break the triangle buy with 20x Long. Targets and more soon. Also i think when btc is -6% and sushi -11% we could see an 5+% pump so it can be matched with btc as always:)
Buying Opportunity Strikes for SUSHI Investors*SushiSwap Price is trading in a cup and handle pattern over the daily chart.
SushiSwap Price is trading in a cup and handle pattern over the daily chart. Basically the trading pattern forecasts a curve making a cup and a price drop sketching handle over the chart.
SUSHI coin is presently CMP at $3.57 and has lost 10.23% of its market capitalization in the last 24-hour period. However, trading volume has increased by 16.58% in the intraday trading session.
Stoch-RSI showcases that SUSHI coin is in extreme oversold territory. K and D are at 0.88 and 20 respectively. Investors need to wait for any directional change over the chart.
MACD exhibits bearish momentum of SUSHI coin. The MACD line is behind the signal line after a negative crossover.
Technical Levels
Support Level: $2.75
Resistance Level: $5.07
SUSHI in the ChannelIt is in a descending channel that has reached the midline by reacting to the bottom of the channel. In this important range, with the failure of the specified resistance, we expect the possibility of climbing to the top of the channel. It is suggested by entering this range it is convenient to enter. If it reacts to this range, we have the possibility of falling to the bottom of the canal.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
Big potential for SUSHI! Hello my friends,
I updated on of my trades. This time its on Sushi/USD. I think its has a lot of potential for some upward momentum.
There is slight regular bullish divergence on the 4hr timeframe and with the momentum of BTC we can see some rise anytime soon. I've pointed out two zones for taking profit.
Hope you like my idea. Please like if so and thank you for checking out!
Good luck to you all during these weird times.
Kind regard Cryptodjens.
BINANCE:SUSHIUSDT
SUSHI time to Long?Based on the trend Fibo, Sushi is trying to turn the 0.786 (3.5 USDT) into a local support.
If the weekly closes above this support then Sushi will hit the 0.618 (5 USDT) easily the next resistance. and it will further try to spike until 6 USD which is the 0.5 of Fibo the next strong resistance.
and around 6 USDT SUSHI is touching / going to retest the downtrend line (yellow line). couple candles close above will easily make way to 10 USDT.
Entry : 3.65
TP1 : 5.03
TP2 : 6.11
SL : 2.78
Plan your leverage accordingly, if you have the same idea as me :)
Safe trading!