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Sushi

Sushi vs Tether Adam & Eve Bottom Pattern (300%+ Potential)I am drawing the Adam & Eve bottom pattern on this chart just so that you can see how often these patterns tend to repeat... What one altcoin does, the rest follows... We have all my "classic" bullish signals: - Break above EMA10/EMA50. - Bullish MACD and RSI. - Down-trendline broken. - Increasing bullish/green volume. Note: The break above EMA50 needs candle closure for confirmation. When today's candle close we know if it happens above or below EMA50 ($3.748). Closing above confirms the bullish scenario. Closing below negates many of the above signals. These are early signals. Thanks a lot for your continued support. Namaste.
Long
by AlanSantana
9
SUSHI (SushiSwap) Token Analysis 29/03/2021Fundamentals: SushiSwap (SUSHI) is an example of an automated market maker (AMM). An increasingly popular tool among cryptocurrency users, AMMs are decentralized exchanges which use smart contracts to create markets for any given pair of tokens. SushiSwap launched in September 2020 as a fork of Uniswap, the AMM which has become synonymous with the decentralized finance (DeFi) movement and associated trading boom in DeFi tokens. SushiSwap aims to diversify the AMM market and also add additional features not previously present on Uniswap, such as increased rewards for network participants via its in-house token, SUSHI. SushiSwap primarily exists as an AMM, through which automated trading liquidity is set up between any two cryptocurrency assets. Its main audience is DeFi traders and associated entities looking to capitalize on the boom in project tokens and create liquidity. AMMs do away with order books entirely while avoiding problems such as liquidity issues, which hamper traditional decentralized exchanges. SushiSwap aims to improve on the offerings of its parent, Uniswap, by increasing the impact users can have on its operations and future. The platform takes a 0.3% cut from transactions occurring in its liquidity pools, while its SUSHI token is used to reward users portions of those fees. SUSHI also entitles users to governance rights. SushiSwap was founded by the pseudonymous entity known only as Chef Nomi. Little is known about Chef Nomi, or his or her impetus for forking off from Uniswap. The project has two other pseudonymous co-founders, sushiswap and 0xMaki, also known as just Maki. Between them, they handle SushiSwap’s code, product development and business operations. More recently, de facto ownership of SushiSwap was passed to Sam Bankman-Fried, CEO of derivatives exchange FTX and quantitative trading startup Alameda Research. Bankman-Fried is a well-known participant and cryptocurrency market commentator, regularly appearing in media interviews. SushiSwap attempts to mitigate the traditional risks of depositing funds in smart contracts by upping the governance powers of its users. The anonymity of its developers poses questions beyond a technical standpoint. In September 2020, for example, Chef Nomi was involved in a spat with users after withdrawing 38,000 in Ethereum (ETH) from SushiSwap. The funds were subsequently returned, with Chef Nomi publicly apologizing for doing so and calling the move a mistake. SushiSwap’s in-house token SUSHI is created at a rate of 100 tokens per block. The first 100,000 blocks had a block reward of 1,000 SUSHI. The supply of SUSHI will depend on the block rate. At approximately 6,500 per day, and therefore 650,000 newly-minted tokens per day, there will be roughly 326 million tokens in circulation by September 2021, a year after SushiSwap first launched. SUSHI had no premine, and began to be minted at Ethereum block number 10,750,000, beginning with a supply of zero tokens. Technical analysis: as we can see the price is on the retracement to the lower Levels and apparently we can have a touch on the 61.8% Fibonacci retracement, which can end the distribution and start some Accumulation for the stronger impulsive wave. there are total of 2 targets defined by the Fibonacci expansion of the initial impulsive wave.
Long
by BitonGroup
10
🆓SushiSwap (SUSHI) Mar-16 #SUSHI $SUSHI The buying pressure at $2.8 is quite steady and in the next few days SUSHI might start an uptrend again with a target of $4 or even higher. 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 2.8$ zone 🔴Buy : 2.8 🔴Sell : 3.4 - 4 - 5 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 2.8$ zone 🔵Sell : 2.8 🔵Buy : 2.4 - 2 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈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
Long
by CryptoStation
SushiSwap (SUSHI) Buy ZoneSushiSwap (SUSHI) Buy Zone -------------------- BIAS Long-Term : Bullish Risk : Medium Even though our long term market structure for SushiSwap is pointing towards a highly probably break above our local high, on lower time frames be can see relative strength and a potential bounce up $2.9 zone. -------------------- $SUSHI/USDT LONG SETUP Leverage : x3 - x5 Entry Price : 2.75 - 2.9 TP 1 : 3.3 TP 2 : 3.97 TP 3 : 4.58 TP 4 : 5.25 TP 5 : 6 TP 6 : 6.78 TP 7 : 7.78 TP 8 : 9.13 Stop Loss : 2.58 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Long
by Zerene
Pump coming for SUSHI?Simple idea. The daily RSI seems to have formed a symmetrical wedge from late January until now. We can see that on Feb 28th we broke out of that wedge and are now in the process of retesting the top of the wedge as resistance. If we are able to hold it as support we could see a nice bounce to the measured target of the wedge. Price targets. I think we could start with the last local high at around $5 but I could also see it reaching the top of the macro wedge at around $6.50. If the bull market really takes off then a break above the macro line of resistance could see us go back to $16 or even retest all time highs.
Long
by CryptoNCoffee
1
🆓SushiSwap (SUSHI) Feb-27 #SUSHI $SUSHI Currently, SUSHI still holds the zones of $3.2 and $3, these are very good support zones where we can buy and expect a recovery in the near future. 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 3.2$ zone 🔴Buy : 3.2 🔴Sell : 3.8 - 4.4 - 5 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 3.2$ zone 🔵Sell : 3.2 🔵Buy : 2.8 - 2.4 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈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
Long
by CryptoStation
BUYING SUSHI UNDER $6 FOR HUGE GAINS🌙⚡Evening fellow Traders! Today we will be considering the trading pair SUSHI/USDT Right from November last year, SUSHI started an uptrend (Impulsive move) to gain 4000% increase in price up until march earlier this year when it was due a correction. The Correction so far has been an impulsive ABC correction, spanning at least 266 days and also serves as accumulation phase. Judging by the I impulse wave growth and that the correction stopped just under the .382 retracement level, we can say the is a First Wave Extension. Should this be the bottom, Price targets for the III impulse wave is at least at a $100 dollars. Enter with stops just below the 0.5 retracement level for invalidation reasons and target $60-$65 as the first target and $100-$104 as the 2nd target. NOTE: DURATION OF TRADE MAY BE INACCURATE.
FTX:SUSHIUSDLong
by RektMyMom
SUSHI/USDTI've been keeping an eye on this possible scenario for weeks. Simply put, if price loses support, which is also the value region bottom of the range +completes the head and shoulders pattern, I'll look for a lower price. Only if we lose $3.9 as support and we start witnessing 1hr and 4hr closes will I consider this trade. Targets: $3.2 - $2.6 Stop loss: $4.10 This trade is not active until the criteria is met. Enter at your OWN RISK. Not financial adv. <———————————————> Follow us on our socials for more! Thanks and happy trading :)
Short
by CryptoTradersWW
SUSHI, will the support line survive another test? SUSHI is in a large trading range between the $3.93 and $4.83 levels. The entire cryptocurrency market corrected yesterday. In doing so, SUSHI tested its lower boundary, which currently acts as support. In addition, it should be noted that there was not much volume during the fall. The high volume at the bottom signals an accumulation of positions on the part of buyers. While the price is in the trading range, special attention should be paid to the lower boundary of the range. The strategy for the range is a breakout or false breakout of the boundaries. A squeeze and breakout of the lower boundary will be a good opportunity to sell. In case of a false breakout, it is worth opening positions in the opposite direction. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Short
by Yuriy_Bishko
7
Is SUSHI going to break this resistance?SUSHI is in a large trading range. A key level that lies within this range can be identified. The key level is now acting as resistance. But in case of a squeeze near the key level, a breakout could occur. A breakout could be a good buying opportunity. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Long
by Yuriy_Bishko
3