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Sushi

SUSHI/USDT : Opportunity to take SHORT after breakdown ! Hello everyone 😃 Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! There's a formed descending channel on daily time-frame for on #SUSHI's chart. Also now, There's a breakdown attempt on current daily candle which is making us this opportunity to take SHORT on the movement after breaking below the dynamic support zone. However I would set two separate invalidation forms to avoid any possible losses; But it's still hardly suggested to have active management on such a movements ! The entry could be the breakdown confirmation as a retest on $6.6 or into the continuation of huge sell of in master candles... The invalidation should be placed with two configuration, - Any breakout confirmation above $6.6 - Any candle close above $7.500 Targets are mentioned on chart ! As always be safe. Hope you enjoyed the content I created, You can support us with your likes and comments ! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Short
by Helical_Trades
37
SUSHI/BTC TRADE SETUP! BULL FLAG BREAKOUT!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this SUSHI/BTC trade setup. SUSHI looks very bullish here. It's already breaks out from the bull flag like structure in 8h timeframe and also retest is done. After the retest it's making a green cadle which is the confirmation of the trend. So buy some now and add more in dips. Entry range:- 1580- 1680 sats Target1:- 1890 sats Target2:- 2280 sats Target3:- 2840 sats Target4:- 3290 sats SL:- 1420 sats If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
SUSHI: Long and ShortSummary: 1. SUSHI seems relatively strong in this downturn. 2. Several converging points seem to suggest a Long for SUSHI to the green rectangle. 3. A short can also be placed to hedge with a target to the red rectangle. Chart: Daily Scale: Linear Trading Pair: SUSHI/USDT Breakdown: - Price broke above the upper parallel line of the red Pitchfork. - This retrace came back to retest the upper parallel line of the red Pitchfork. - A single negative vector extrapolation intersects at the projected reversal point (yellow box) adding confluence to the idea of a reversal to the upside here. - Price is sitting slightly above an inner frequency line that did not break on this retrace. - There is sloped (same slope as the pitchfork) inner frequency line in the counter trend pitchfork (green) that also intersects the reversal zone (yellow box). - Lastly, the Hagopian's Rule seems to be in play as well with the failure of price to reach the center median line in the red Pitchfork.
by mindandwar