Valid channel for delicious sushi!An interesting and credible channel for sushi. I hope it is useful and profitable for you
Sushi
DeFi Perp vs BTCWe are on support for DeFi perpetual futures vs Bitcoin. We could either see Bitcoin enter a further sideways consolidation/correction, or DeFi is going to appreciate even faster than BTC vs. the $. Either way, it is time to accumulate your favourite DeFi projects.
1. Enter your favourite DeFi projects along this support zone
2. As long as BTC is stable, and with the current negative sentiment, I foresee DeFi outperforming BTC in the near future. Buy and HODL for much higher prices. Target is the moon.
3. Invalidation below the orderblock (blue zone)
DOT ready to pump if BTC allows itDOT could be pumping with many other alts in the next days, be ready.
BTC ready to touch the top of the channel againBTC is set up to touch the top of the channel around 74k in about 2 weeks.
Cup and handle worked great, leading us to break the triangle with great targets ahead.
I also saw that many whales are selling off right now, but don´t panic, last time that happen BTC actually went up anyways,
the one thing we have to be careful is at the end of that leg up, with fewer whales holding BTC we could have bigger dumps in the way, maybe even
touching EMA21 on the weekly around the safety buy box prices that I draw.
Is link testing the top of the channel?Link is under a great enter point right now, while BTC is struggling to pass 62k, many alts could start pumping if BTC holds the 58k.
That just my opinion, Link for me is the best alt to buy at the moment.
Afterwards I am also investing in UNI, DOT and of course ETH.
SUSHIUSDT (Ascending Triangle breakout)SUSHIUSDT (4H CHART) Technical Analysis Update
Ascending Triangle breakout
SUSHI/USDT currently trading at $21.00
Long Entry-level: $20.50 - $21.00
Stop loss: Below $18.00
Target 1: $23.00
Target 2: $26.00
Target 3: $30.00
ALWAYS KEEP STOP LOSS...
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#SUSHI: Trending up...I think $SUSHIBTC and $SUSHIUSD or $SUSHIPERP are trending nicely here and stand to benefit from the recent ATH break in $BTCUSD. Price discovery at play, there is a nice trend in the 3-Day timeframe here, so we can expect significant upside by April 9th or sooner as per the chart here. I'm long from a tad lower, but figured I should publish this idea here so others can benefit by joining on dips. Ideally price shouldn't retrace beyond recent lows, if this signal is valid, it should stay mostly near the highs and advance from here in the coming days.
Best of luck,
Ivan Labrie.
🔥 SUSHI Reversal From Channel ResistanceOver the last couple of days, SUSHI has seen another run towards the upper reistance of the channel. As it appears as of now, the resistance didn't give in and the price shot downwards again.
Since SUSHI has been in a channel for 6 weeks now, there's a big chance that SUSHI will continue to show some bearish pressure towards the lower support of the channel.
Before entering this trade wait for the price to below the Entry line. Higher time frames yield a higher predictive power.
On the chart I’ve marked two potential areas of support , S1 and S2. These areas are based on recent swing lows. Do your own due diligence.
Happy trading!
SUSHI LEADS THE WAY ?Hey everyone!
Hope y’all enjoy the weekend so far and get some healthy $SUSHI. Today you can see sushi on the daily bar chart. I have used the fib-extension tool which indicates potential future price levels, including fib-retracement levels too. As you can see right in front of the chart, we bounced nearly perfectly on every fib level before going to a new ATH. I am calling this a smooth trending. We are, however, in price discovery mode since $12. $SUSHI did break out from his bullish zig-zag consolidation and smashed right through the 1.618 fib extension level.
Sushi got listed on Coinbase a few days ago. All listings did many x’s from then on, since it is one of the largest exchanges when it comes to cryptocurrencies in case for normal people.
A retest to the old ATH at around $20 could be possible with the upcoming monday dumping happening, but it is not guaranteed. This, of course, should not be considered as financial advice.
Have a nice day.
Cheers lads and ladies!
Sushi usdt - All Time Highs for Sushiswap! Brilliant performance for the sushiswap network.
Will we see a $25 Sushi soon?
Good EMA.
Strong upward trendline.
My view on BTC right nowMaybe when you see this, BTC already made a decision, but I think that being partially inside BTC right now is a good idea.
I am also partially buying alts on the way, but the most important is to view the long run of BTC to understand where you can enter and protect your capital.
By always having partial buys on BTC you can be safe all the time and keep increasing your capital even when there is a huge dump.
SUSHI should be on your plateThis is a very bullish setup where Sushi consolidates from being overbought while continuously setting higher lows. Be patient and the tastiest Sushi will come to you.
Is SUSHI/USD the lagger after being listed on Coinbase? Today, SKL , MATIC, AND SUSHI were listed on Coinbase. SKL and MATIC both put in 50%+ days while SUSHI/USD, putting in bullish activity, did not break out into ATH .. yet.
Aside from the fundamental news, we have some classical chart patterns, and price action clues that a break out to ATH is imminent. On 20 of FEB Sushi found sellers and profit taking at 19.34 and established a local high.
On March 1st, Sushi double topped with a swing failure pattern, wicking a slightly higher high, but not putting any price action above 19.34 worthy of continuation. BUT after this double top , the clue is the higher low in the range, right above the equilibrium of the range.
On March 9th , the 3rd attempt! Rejected again... but yet... another higher low.
Equal highs? Ascending lows. We have the classical chart pattern called the ascending triangle forming! Also considered a probable continuation pattern in a trending market.
So what's happening with price action? Our first high was formed. Why? Sellers taking profit. We have now established resistance. And what is resistance? It is a wall of sell orders/ shorts laying there. But.. the more times price punches at resistance, the sell wall gets eaten away at, and the higher lows indicate accumulation, and impatience of buyers to wait for price to correct further. The sell wall/resistance is weakening.. and the sellers are wary that higher prices are coming in, pull their orders to sell at a higher price. Buyers are waiting for the breakout above 20 bucks to jump in for the ride.
I see re-accumulation and expect a breakout this week.
Thanks for reading! Give me a like and follow if you like what you see. Below is some shitcoin trading tips.
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I am @shitcoin_rich. I'm just some guy who made it in 2017 and gave a lot back to the market in 2018 and 2019, but, I learned a lot of great lessons and nuances of the altcoin market. My TA is meant to be simple, no gann fann's or fib circles. And I picked up a few nuanced alt coin trading tips that you can only see after staring at these charts for a few years. I trade with EMA's as my baseline with price action as my basis for exact entries. I use fibonnaci/ market geometry/ indicators/ divergence for confluence on my entries/ exits. I will be making predictions, but am I reactionary trader. I am the farthest thing from a financial advisor.
1) When BTC is trending bearish , alts are mostly bearish .
2) When BTC is trending bullish , alts are mostly neutral or bearish .
3) When BTC is consolidating, alts are most neutral or bullish .
4) After a BTC bull trend, and moves into short to mid term consolidation, money almost ALWAYS moves into alts.
5) Alts follow Ethereum's macro trail mostly. Ethereum follows BTC's macro trail mostly.
6) If you LONG/ BUY alts with bearish momentum for Bitcoin or Ethereum , odds are you will lose.
7) I personally still use USD to buy my coffee and pay my rent.. half the time you're going to gain USD and lose BTC when trading alts. I trade USD and USDT pairs to gain USD. If I lose BTC value, it doesn't phase me.
BTC is King. Ethereum is queen. Alts are volatile peasants.
Long/buy Alt coins when BTC and ETH have bullish and/or sideways conditions.
SUSHIUSDT (Reversing from the support)SUSHIUSDT (4H CHART) Technical Analysis Update
Reversing from the support line
SUSHI/USDT currently trading at $18.50
Buy-level: $17.75 TO $ 18.50
Stop loss: Below $16.85
Target 1: $20
Target 2: $22.5
Target 3: $30
ALWAYS KEEP STOP LOSS...
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Hitchhiker's guide to $BTCThis is how you stack sats. There's HODLING, but then there's compounding multiples over time ever increasing your $BTC holdings. Profits should be taken into USD and adding to long-term BTC/ETH holdings (if you're a HODLER/Bitcoiner). Without a weekly close above 58k, I prefer chop/range bound 40-58k, with a final washout to 38-39k to eliminate paper hands before skyrocketing to new ATH's.
Coinbase will eat SUSHI - Breakout imminent SUSHI will be listed on Coinbase Pro tomorrow at 09.00AM PT. See chart for targets and entry.
Trade at own risk, this is not financial advice.
UNI in a great accumulation opportunity Be careful, but UNI could show us some good buy points on that channel, be ready for a channel break if BTC falls for some unknow reason.
Be ready for the worse always, but make the trade, and use stop loss to limit your losses.
Alts market has to be worked ether like that or holding it and forgetting them on the staking fund.
Sushi usdt - tested the $20 Sushiswap tested the $20 area then pulled back.
Expect to see a break from the pullback to keep following trend.
Prices are still above EMA.
Good trade volumes.
