Trade Setup: SUSHI Long PositionMarket Context:
CRYPTOCAP:SUSHI has reclaimed a key support zone at $0.548 and held above it for the past week, indicating strong acceptance. A potential break of the current trend could offer a medium-term trade opportunity.
Trade Setup:
Entry: Ladder into the position between $0.57 and $0.60.
Take Profit:
First target: $0.73
Second target: $0.86
Third target: $0.965
Stop Loss: Daily close below $0.495.
📊 This setup offers a favorable risk-reward ratio. Keep an eye on price action and adjust your position as needed. #SUSHI #CryptoTrading #RiskManagement 🎯
Sushi
SushiSwap Analysis & Profit TargetsSo SushiSwap is a good overall coin, also with XSushi Staking Program, the project is going the right direction at this current time.
Analysis suggests that we are at support, the reward vs the risk is very rewarding.
In the next bull run it can go up to 20$ or even more.
It's possible as long as the project and the developers go in the right direction with the project.
However, it's possible.
The profit targets are the fib levels, trailing the take profits is a good idea as well.
Do Your Own Research, This is not Financial Advice
Crypto Shadow
SUSHI LONG📊📊📊📊📊
✉️ Pair: SUSHIUSDT
📈 Direction: Long
💯 Leverage: Cross 5X - 10X - 20X
📊 Entry 1: $0.5659
📊 Entry 2 (DCA): $0.5250
✅ Target 1: $0.7000
I recommend selling 20-30% of your position at this level.
✅ Target 2: $0.8000
Sell 20-30% of your position at this level, following the progressive exit strategy.
✅ Target 3: $0.9500
Sell 20-30% of your position at this level, considering the significant resistance.
✅ Target 4: $1.2000
Sell the remainder of your position at this level to maximize long-term gains.
⛔️ Stop Loss: $0.5090
Analysis: SUSHI is currently trading in a descending wedge and is approaching a key support level. The current price is $0.5667, and Entry 2 (DCA) is set at $0.5250 to take advantage of potential further declines.
If the price manages to break and confirm the descending resistance, it could signal a trend reversal and a bullish turnaround. The first entry is now adjusted to $0.5659, and the second entry (DCA) is set at $0.5250.
Targets are set as follows:
Target 1 ($0.7000): The first significant resistance level. Consider selling 20-30% of your position.
Target 2 ($0.8000): The next resistance level. Sell 20-30% of your position at this level.
Target 3 ($0.9500): Significant resistance. Sell 20-30% of your position at this level.
Target 4 ($1.2000): Long-term objective. Close the entire position at this level.
The stop loss is now placed at $0.5090 to limit risks in case of a drop below the major support level.
Alikze »» MKR | Bullish Flag🔍 Technical analysis: Bullish Flag
- It has been moving in an ascending channel in the daily and weekly time frames.
- According to the analysis presented in the previous post, there has been a modification to the bottom of the channel and the ceiling of the previous major.
- There is now an ascending flag form with a pullback to the broken cap structure of the major.
- Therefore, if the green box meets the demand, according to the momentum and corrective structure of wave 4, it can have targets of 5000-5600-6250 up to Fibo 1.618. To continue the path, it must be above 2500 dollars to touch the specified goals.
💎 Alternative scenario: In addition, according to the previous analysis, if the green box breaks down, the next target can be the range of $1250.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
Alikze »» ENA| Movement in the descending channel🔍 Technical analysis: Movement in the descending channel
- In the analysis presented in the previous post , it was able to move up to the 0.78 Fibo range according to the predicted movement path, which then encountered a correction that also traversed the alternative path.
- Currently, after breaking the downtrend channel, it has re-entered the channel.
- It is moving in an ascending channel in the 12H time frame.
- After breaking the support area, which is now a supply range for an upward trend, it has faced selling pressure, which, of course, has tried to break it several times, which has failed so far.
- Therefore, if it can maintain the 0.39 area and stay above it, it can break the supply area and have an upward movement up to 0.586.
- Furthermore, considering that the supply zone is in the middle of the downward channel, if it fails, it can test the 0.78 Fibo zone again.
💎 Alternative scenario:
In addition, you should note that breaking and stabilizing below the 0.39 area can continue the downward trend up to the Fibo range of 1.618.
🎯 Targets: 0.586 - 0.78 Fibo
🟩 Support: 0.39
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
BINANCE:ENAUSDT
Technical Analysis: SUSHI/USDT by CryptorphicHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
SUSHI has been trading within a descending channel since its all-time high. It has been more than three years, and the price has not shown any significant bullish move.
SUSHI is currently in a long-term downtrend; however, it's approaching a historical support zone around $0.4730, indicating a potential reversal.
Although #SUSHI is under a descending triangle pattern, which is a bearish pattern, it should still respect the all-time low support and must rebound.
A breakout above the resistance trendline could lead to a significant bullish move. Will a 48x to 50x gain be possible? Not so soon, but it is possible.
Key Levels:
- All-Time Low Support: $0.4730.
- Resistance: $1.01.
- Invalidation Point: A close below the all-time low support.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
Alikze »» HFT | Support at the bottom of the descending channel🔍 Technical analysis: Support at the bottom of the descending channel
- It is moving in a downward channel in the daily and 12H time frames.
- Currently, there is demand in the area of the bottom of the descending channel and the beginning of the movement.
- Therefore, if this demand continues in the range of the green box, it can continue its growth up to 0.195 first.
- In addition, if it stabilizes at the top of the range, it will succeed so that the supply range and channel ceiling have an upward trend.
💎 Alternative scenario: if it cannot maintain the green box area and the bottom of the channel, this correction can continue up to the range of 0.0977.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
BINANCE:HFTUSDT
Replica ---- SUSHIThe consecutive days of decline have exhausted the bearish power. The short-term FUD brought by Mt. Gox is nearing an end, and the main focus of the crypto market will return to monetary policy. Although Powell will speak at a regular meeting these two days, Thursday's CPI data will determine the subsequent trend this month.
Today we will talk about a classic Dex, Sushiswap. In traditional industries, if one entrepreneurial company succeeds, there will be many following companies that will copy the model of the successful company. As the folk protocol of Uniswap, Sushi was comparable to Uniswap in terms of transaction size and token performance in the early times. However, after the DeFi summer and the crypto winter, Sushi did not innovate, but continued to imitate Uniswap, causing it to lose its second place. Whether it is TVL, 24h transaction volume or handling fees, they are all in the middle of Dex.
If you want to simply swap you might use uniswap, if you want to swap with the most selective path you might choose 1inch, if you want to swap memes you might use Raydium. So, why choose Sushi? I prefer to eat pancake better than sushi.
From the trend of SUSHI, we can find that in this ETF cycle, UNI's performance has been significantly due to SUSHI. This is after UNI received the Wells notification not long ago. It can also be seen from the indicators that after the TSB indicator prompted a SELL signal on July 4, SUSHI began a new decline. In the recent rebound, SUSHI performed worse than other tokens.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Alikze »» SUSHI | Complementary wave C scenario🔍 Technical analysis: Complementary wave C scenario
- In the previously presented analysis, the C wave stopped at 0.78 fibo of the previous wave.
- It is currently moving in a descending channel in the 2D time frame.
- There is an FVG gap and it is now in the middle of the channel, which is also symmetrical with the 0.78 Fibo range.
- If it faces selling pressure again after filling this gap, it can touch the specified areas in the continuation of the completion of wave C.
- Therefore, according to the current downward momentum, the pullback can be a broken structure.
💎 Alternative scenario: In addition, if it can break the neckline upwards after filling the FVG gap and exit the descending channel, it can retest the supply zone.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
Sunday Market Calm: Bitcoin and SUSHI Insights🔍Let's dive into today's analysis. The market is quite range-bound and lacks volatility since it's Sunday and the trading volume is low. As usual, let's start with Bitcoin analysis:
👑 Bitcoin Analysis
1-Hour Timeframe
In the 1-hour timeframe, we still have an ascending channel where yesterday, the price stabilized above its midline. However, as mentioned earlier, there is currently no bullish momentum in the market, which is why I haven't opened any positions and remained in a no-position stance.
🔻 Interestingly, the price was supported at 64247, making this trigger more reliable. Upon breaking this short-term support, I will open my short position. However, given the low market volume, it's better if selling volume enters the market simultaneously with the trigger break. The RSI confirmation trigger is 44.53, but due to the ranging market, momentum oscillators are less reliable.
📈 For a long position, the risky trigger at 64530 is still on the table, but I strongly advise against opening a long position in the current conditions. It is better to wait for the market to build more structure.
🍣 SUSHI Analysis
Project Overview
The coin we will analyze today is SUSHI, which is a DEX platform in the DeFi space. This platform allows decentralized trading of cryptocurrencies. Additionally, by creating Liquidity Pool Tokens (LP tokens) on this platform, you can generate income. This relates to the DeFi sector, and I recommend thorough research before entering this space.
Technical Analysis
In the 4-hour timeframe, it is evident that there is a downtrend that started from the 1.295 resistance and reached the 0.791 support. Using the Fibonacci retracement, we see that between the 0.791 support and the 0.859 level (which is also the 0.236 Fibonacci level), a range box has formed, indicating a resting phase. The SMA25 has reached the candles and turned the previous candle red. If the SMA25 can inject momentum into the market, we can expect the market to become bearish.
📉 For a short position, I recommend opening a short position upon breaking 0.791, with a target of 0.64. It is crucial that volume increases; otherwise, the trend will weaken.
📈 For a long position, wait for the price to stabilize above the SMA25 and for the RSI to hold above 47.03. You can open a position upon breaking 0.859, but since this is against the trend, buying volume in the candles must be high, and the target should be small. The 0.382, 0.5, and 0.618 Fibonacci levels can be suitable targets for this position.
♟ Personal Strategy
I will definitely open a short position upon breaking 0.791 because if this area breaks, a significant bearish momentum will enter the market, potentially leading to a substantial decline. However, for a long position, I will not open one at the moment and will wait for the market to build a structure that fits my long position strategy.
📝 Conclusion
Today’s market analysis highlights the importance of patience and strategic positioning. For Bitcoin, the lack of bullish momentum suggests a cautious approach, avoiding long positions until the market shows more definitive signs. SUSHI presents potential opportunities on both the short and long sides, but volume confirmation is key to avoid false moves. Remember, in low-volume conditions like today, it's best to wait for clear signals before making any trading decisions. Always prioritize risk management and thorough analysis before entering the market.
SUSHI/USDT Secondary trend. Horizontal channel 11 months = 108%Logarithm. Secondary trend. Time frame 3 days.
Long-term horizontal channel (accumulation) with the step of 108%, currently 11 months long. The key “level” of the channel formation is 1.128 (last update, before the accumulation formation).
There were no stop loss withdrawals under this channel at the moment. The price is currently at the lower zone of this channel. Potential reversal zone. Working in the channel.
This is what it looks like on the line chart.
Main trend. Time frame 1 week.
SUSHI - The Worst Is Yet to ComeLooking at this SUSHI/USDT weekly here and I believe the worst is yet to come, for this and some of the other alts as well.
Sushi took out the SOS highs, and then fell right back below them. That's a textbook re-distribution, which tells me that we have to take out the lows, at the very least.
On top of that, you have this measured move from the head and shoulders that lines up perfectly with the 1.618 down at $0.3777.
This is another "low volume coin" on Binance, similar to WAVES, OMG, and XEM. I believe it could also see a similar breakdown.
30 Day Volume is under $5m, just like the 3 that were already de-listed. Even if Sushi doesn't get de-listed, it could still drop just as heavily in the coming days.
If you are holding or trading Sushi, be careful!
SUSHI/USDT Ready For a Bullish Reversal From a Key Support💎#SUSHIUSDT is making a pivotal retest at the lower boundary of its ascending channel. We expect a bullish rally from the $1.10 support level towards the channel's upper resistance.
💎However, if #SUSHI fails to sustain momentum from the $1.10 support and breaks below, we could witness a continuation of the bearish trend. The next essential demand zone at $1.02 is on standby, known for its capacity to drive significant bullish reversals due to its strong liquidity.
💎 In contrast, if CRYPTOCAP:SUSHI tests this demand zone once more, it's vital for the asset to confirm a rebound to sustain its support level. Any failure in this regard could amplify bearish forces, negatively impact market sentiment, and potentially precipitate further price declines.
💎Keep your trading strategies flexible and your senses tuned, Paradisers. Your ParadiseTeam is vigilantly tracking these developments and ready to navigate you through the fluctuating dynamics of the #SushiSwap market.
MyCryptoParadise
iFeel the success
Is it time for make decent profit on SUSHI?0.8-1 area was beautiful opportunity enter, but don't worry we got another chance right here. Sushi couldn't break 1.1 area in last month. Fortunately we see big bull candle close above 1.1 area and consolidating over it. That is a great sign to go up and lovely to see it. And beautiful H&S pattern forming right now. If you don't want to take risks and wants to take it slow, I suggest you enter in long position after neck breaks.
SUSHI --- Bull run targetsIt's a Cycle 2 coin
with a Cycle 2 narrative #DEFI
So don't expect new high's
Still ... money can be made in Defi, DEX's . Yield ...
It's just not that sexy .
Is what it is friends, we can't fight the Market.
May be we get a right shoulder fill out and then breakout for these linear and log targets.
Best of Luck
(Higher price more risk now ofc)
SUSHI UPDATE (1D)The diametric that we specified in the previous analysis is still valid.
After the completion of the D wave, it can be pumped for the E wave.
The target can be the red box.
The green range can be a low risk range for buy/long positions
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
SUSHI/USDT Showing a bounce from the support, Potential upward!💎 SUSHI has recently demonstrated significant market dynamics, rebounding from the support area, indicating a potential continuation of its upward movement towards the resistance level around $2.15.
💎 If SUSHI breaks out above this resistance area, it could facilitate an easier path toward reaching our target area.
💎 However, if SUSHI faces rejection at the resistance area, there's a possibility of a retracement to test the support region between $1.65 and $1.45.
💎 When SUSHI approaches the support area, it's crucial for it to bounce, given the area's importance.
💎 Failure to hold this support level could lead to further downward movement, potentially testing lower demand areas. If SUSHI breaks below this support, along with the trendline support, it would confirm a bearish trend, leading to further downward movement.
SushiSwap (SUSHI) Breakout: $1.94, $2.00, and $2.15 Key LevelPredicting a potential breakout for SushiSwap (SUSHIUSDT) in the coming days. The token is currently hovering around $1.80, and a decisive break above this level could see it surge towards $1.94 in the daily timeframe.
This bullish momentum could extend further, with eyeing $2.00 as a key resistance level. If SUSHIUSDT can reclaim this level on the daily timeframe, it could pave the way for a climb to $2.15, a significant resistance point.
However, failure to break above $1.80 could lead to a pullback down to $1.50. Investors are closely watching this price point as a potential support level.