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SUSHIUSD

Sushi Swap Fails To Break Major Resistance Zone-Sushi has risen over 13% the last week
 -Price has been held up by 400 MA
 -Sushi Swap is heading towards its mid term trend line

 Sushi Swap has been doing fairly well over the last week compared to other coins in its class. Prices are up nearly 13% compared to the majority of coins being down -5%. Sushi Swap hosts a very impressive decentralized app as it offers staking, farming, swapping along with many other services. This platform has been growing in popularity & users over the last month as decentralized finance continues to eat away at all the centralized systems. As long as the market continues in a bullish fashion, we should expect SUSHI to continue rising in value. 

 Ever since SUSHI pumped off its low in late July, price has been holding above a mid term trend line very well. Price has bounced off this trend over 5 times which shows it can be relied upon as a strong support area. At the time of writing, SUSHI Is heading towards its last major support of $11.21 before price reaches this mid term trend. A bounce is likely at this trend as it also sits right next to the 400MA. This MA has been acting as support for over a month now. Any break below this MA & the mid term trend line will result in a bearish trend. 

 Considering the fact that SUSHI is near major support areas, we may also see a bounce off these levels as it has happened in the past. At the time of writing, SUSHI is trading near the end of its 5 day wedge. A break to the bottom trend of this channel will surely cause price to fall to major support of $11.21. If bulls manage to gain strength in the current moment & SUSHI breaks to the upside of this wedge, price will have to battle out the minor resistance of $12.17. In the event that price breaks & holds this, SUSHI will then head to its major resistance zone that must be fully broken to reach the given targets. 

 While looking at the Stochastic RSI, we can see strength just fully reset to the oversold region. If strength manages to gain its footing & bounce above the 20 value, SUSHI may be in position to pump out of the top of its wedge. The MACD recently broke the 0 value & is heading down into bearish territory. As long as the MA’s can cross bullish & bounce back above the 0 value, SUSHI will have a good shot at breaking its major resistance. 

 SUSHI Intraday Analysis Spot rate: $11.56 Trend: Bearish Volatility: Medium Support: $11.21 Resistance: $12.17

by CoinGape
1
13.986 Price Target for $Sushi Coin + Big Picture UpdateExcepting a breakout to 13.986. We are downtrending currently but I see this playing out 2 ways. First: Simple way, We continue the dip no lower than the current low we have for the green lined pattern and have a test at the P.T. OR Second (Likely): We see the bottom to the trend at around 12.747 and begin an ascending triangle pattern play out into the night which more than likely send us straight to our price target. Updates coming on what the bigger picture could look like. (2 Hr Time Frame Analysis) Either way though. I am opening position's at support. Happy Trading!
SLong
by GreenDayTrade
SUSHI price ForecastThe daily chart highlights two clear trend lines. The longer-term downtrend is currently visible at $13.50 and is the first line of resistance. Successful clearance of this trend would constitute a bullish breakout and potentially target the may high of $22.52, around 75% above the last price. The second trend line sits below the market at $9.93.As long as the SushiSwap price remains above this confluent band of support, the prospects are positive. On that basis, I maintain a bullish outlook for SUSHI unless the price drops below $9.92. In this event, a return to the July lows around $6.50 becomes a possibility.
FTX:SUSHIUSD
by thomasfullerofficial
Sushi UpdateNailed Sushi waves this summer but don't really have to be a genius. Set up was clear and easy to play. Now however, I prefer the sidelines and want to see a solid base built up around $12 for a chance to run to $20. If you think it will run, the time to add is now. I still want to see $20 but nobody cares what I want. I am out of Sushi as of yesterday. However, if I like what I see I will get back in with tight stop losses in place. I like the repeat of the W pattern so if it holds - I am adding. If not, I am ok with good old American currency. Side note: there are 11K+ tokens, coins, imaginary mediums of exchange and so on. Bitcoin dominance is loosing steam...why? Well you have 11k of other coins that compete. Scarcity is not the reason BTC goes up, make sure you understand the narrative you subscribe to. I am a gambler, not a macro thinker so gamble at your own risk when you read these pajama pants trader posts. As my friend says "You are just as imaginary and worthless as Bitcoin". Have fun staying rich if you are in it. I think we are going into a shake out stage of the crypto market and every dip should be bought.
COINBASE:SUSHIUSD
by bossmodetrader
SUSHI/USD looking good to me... Hay All Traders, I'm not a financial advisor, Don't buy or sell bass on what I'm saying... PLEASE DO YOUR OWN HOMEWORK. THIS POST IS JUST FOR INFO ONLY... At this time, I do own a small amount of this coin! I'm looking at the daily chart and putting on my version of the RSI, and yes, it has a lower lowered, but it's still hodling the overall trend. With my version of MACD, it's still red, but I'm looking at the bars at the top, it's popping out of the "Linear Regression," my look back is the last 100 days and 10 days, and I'm using Linear Regression as support and resistance. And looking at the 1H chart, it looks even better to me!
COINBASE:SUSHIUSD
by ADHDing_
SUSHI Consolidates Within Ascending Channel, Bulls Eye Break -SUSHI has risen over 30% the last week -Price has been respecting an ascending channel -75MA will act as support if necessary Sushi Swap experienced great hype in the earlier months of this year but has since fallen a bit under the radar. Its main competitor, Uniswap, has still been holding well throughout the market as platform visits have been increasing over the last month. Since BTC has broken out of its $40,000 resistance, many alt coins have been surging off their lows. SUSHI has been attempting to break free from a major resistance zone over the last 3 days but has fallen short. If BTC can gain its footing soon we should see SUSHI above $15 in no time. Since the 20th of July, Sushi Swap has been in a healthy uptrend. Price has been supported within an ascending channel as each time price touches either trend, it gets rejected to the opposite trend. For SUSHI to experience a strong breakout, price must break & confirm its major resistance zone found from $13.39-$14.24. If bulls manage to pull this off, we should expect price to rise to at least $15.59 & potentially $16.58. If price manages to break & hold the top trend of the channel, SUSHI will go parabolic. At the time of writing, SUSHI is holding the median line of the channel. If at any point bears assert their dominance & Sushi breaks below this trend, we should expect price to fall to the bottom trend of the channel. Along with this median line lies a near 3 month trend line that has held price down from a bullish trend. Just 2 days ago, bulls managed to break this trend line and have since been able to hold. Breaking both of these trends will likely result in a minimum -5% downfall. In this case, Sushi Swap will likely find support at $10.63. While looking at the Stochastic RSI, we can see how strength reset to the oversold territory. As long as strength manages to break out of this zone, this is a good sign that SUSHI is regaining strength for its next upward push. The RSI has been hanging out above the 50 value for nearly 9 days. A strong push into the overbought territory is needed for SUSHI to break out of its major resistance zone. If at any time strength breaks below the given trend line, expect price to start some type of downtrend. 
 SUSHI Intraday Analysis Spot rate: $12.85 Trend: Bullish Volatility: High Support: $12.02 Resistance: $13.39
by CoinGape