SUSHIUSD trade ideas
SUSHI Support/Resistance Levels and Price PredictionsHello SUSHI Lovers!
SUSHI has an incredibly bullish chart! It is quite amazing!
We can see that SUSHI has been in a uptrend since November, 2020.
On this chart, I have mapped out some very strong daily support/resistance levels.
Moving forward, if SUSHI can hold $6.00, then the next target to the upside is $8.00.
If SUSHI can hold $8.00, then the next target to the upside is $9.25.
If SUSHI loses support at $6.00, then the next area of support to the downside is $4.75, then $3.25.
Fibonacci extensions shows future targets at:
$9.00
$14.00
$20.00
$23.25
$25.00
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Guide to My Charts
-The dark magenta horizontal lines are support/resistance 'zones'. If price pierces though one side of the support/resistance zone, it is likely to head to the next support/resistance zone!
-Yellow lines are typically used to chart out pattern formations and trend lines!
-The colored lines are MAs (Red: 10SMA, Yellow: 21EMA, Green: 55EMA, Blue: 89EMA, Purple: 200EMA, White: 200SMA, Maroon: 377EMA).
-Horizontal white and green lines may be Fibonacci levels. The 0.382 and the 0.618 Fibs are green and the rest are white.
-The Historical Volatility Percentile, RSI , and/or stochastics indicators are below the chart if displayed.
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Please smash the like and comment if you find value in this post! It helps show me that others are interested and motivates me to share more with the community!
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Disclaimer:
This is not financial advice; I am not a financial adviser. This information is not meant to be used for financial advice, nor trade ideas. These posts are simply a record of my technical analysis and potential trade setup ideas.
These posts are intended for educational purposes only. It is imperative that everyone conduct their own research prior to entering any trade.
SUSHI/USD-Hi everyone, today I’ll show you SushiSwap versus USDIn the monthly chart we can’t see much and there isn’t enough candlestick to draw our ichimoku lines. We can only say that the price seems to want to reach the maximum at “6.8200”.
In the weekly chart the things start to get interesting. Unfortunately also here we can’t consult our Ichimoku, but we see an important thing: a very frequently bull pattern. This is a good news, because the bull run seems to be very big. Infact when the price will invalidated the maximum, we will know for sure that the market will be ready to fly.
Note: You can find this pattern in many charts, for exmple: eth/usd, btc/usd, nasdaq.
Finally in the daily we get our Ichimoku lines, and now we can do a full Ichimoku analysis. First of all this is a beautiful up-trend, infact all ichimoku lines are projected upwards and this is a good sign for the bulls. We can see that from the absolute minimum of the curve we got a nice bull trend, with nice waves, all with Kijun-Sen o Tenkan-Sen retest (blue and red lines). What we can see here?
We see that in the past the waves respected ciclic days of our Ichimoku.
I remind the readers, they are: 9, 13, 17, 26, 33…
What does it mean? This means that the market recognizes these days, so we can expect a retrace around this and once this happened that will be the perfect moment to buy.
Now we are in a big impulse. Actually the price is on the eighteenth, remind that seventeenth is day ciclical, so we can expect a retrace in the next days at least of few days.
Maybe the price will be attracted from Kijun or maybe not, but the most important thing is not to be taken from the FOMO and wait for the right moment to buy.
SUSHI3.34 to 12 so long as there is no BTC collapse.
3.34 is the level that I shared in early November that SUSHI needed to close through for its explosion to 10+, and the weekly looks like it will close > 3.34.
Looks absolutely gorgeous looking from September through January; it is textbook Wyckoffian distrubtion into accumulation, and this is the part where it starts marking up.
Here's How SUSHI/USD Could Be The Best Performing Asset Of 2021Welcome everyone,
My name is Schyler with NewWave Traders. NWT is a movement in Elliott wave and trading education, a movement in creating independent and profitable traders, and a movement in lifestyle. I've been a full time trader since 2017 in the crypto markets and I help traders create a full time income for themselves without working the full time hours by mastering a proven Elliott Wave trading system that will allow you to trade on your time and live the life you deserve. Hit the follow & like button if you'd like to make it a reality. I've helped hundreds of traders just like you make it a reality for themselves. Looking forward to helping you create your success story and life.
Let's Talk SUSHI/USD...
When an asset hits price discovery territory the potential becomes infinite and price discovery for SUSHI is what we'd be looking to explore with this Elliott Wave count.
The first wave has formed a rising wedge with a 5-3-5-3-5 structure that is the start of something.
The big variable here is really just where wave 2 will pull back to. In this chart I'm hypothesizing that it will pull back to 2.07. This matches up with the channel support that is commonly used to identify waves of an impulse as well as targets. The 3rd wave is projected (on log scale) for the 1.618 extension of wave 1. The deeper wave 2 pulls back the lower the 3rd wave target becomes.
The orange dotted lines highlight previous swing lows that will want to be defended, with the lowest orange dotted line being the most important low to protect.
Invalidation of this count will be the origination of wave 1.
I chose 2.07 as the most probable support due to price, channel support, fibonacci retracement, and a 1:1 ext of the A wave in the start of the correction. All this lines up nicely for support at 2.07 which is approximately a 30% retracement.
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SUSHI, sometimes silly tricks workor can get you rekt. Mirror the decent, in line with my previous analysis.
might as well play the channel huhye idk go with the flow - clear out next resistance and 5.5-6$ is just a void ez
SUSHI to break outIn falling wedge with bullish divergences. Might not go straight up or at the same timing as in the chart.
Sushi wicked bulltrapUnlike other alts, sushi pumped breaking out of it's descending channel. But this pump was driven by extremely negative funding, just like XRP prior to the airdrop. Now the result is a blow off top with a wicked rejection wick. Petty the poor souls who bought it. 4H bearish engulfing candle with a 1H bearish divergence.
SUSHI - Ascending Triangle Long to $3.00 - Let's go Bullz!Hello Future Millionaires!
SUSHI is printing an ascending triangle. I am looking for a long from here to the top side of the daily range.
There is currently strong hidden bullish divergence on RSI.
Volume has reached a crescendo and it looks like we will have a nice move on our hands shortly!
Let's go Bullz!
Follow us now for technical analysis on the hottest cryptos!
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Guide to My Charts
-The dark magenta horizontal lines are support/resistance 'zones'. If price pierces though one side of the support/resistance zone, it is likely to head to the next support/resistance zone!
-Yellow lines are typically used to chart out pattern formations and trend lines!
-The colored lines are MAs (Red: 10SMA, Yellow: 21EMA, Green: 55EMA, Blue: 89EMA, Purple: 200EMA, White: 200SMA, Maroon: 377EMA).
-Horizontal white and green lines may be Fibonacci levels. The 0.382 and the 0.618 Fibs are green and the rest are white.
-The Historical Volatility Percentile, RSI , and/or stochastics indicators are below the chart if displayed.
---
Please smash the like and comment if you find value in this post! It helps show me that others are interested and motivates me to share more with the community!
---
Entry: 2.6623597
Entry Zone: 0.2634 - 2.73
T1: 2.75
T2: 2.82
T3: 2.92
T4: 3.00
Stop: 2.6096558
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R:R: 6.41
Risk: 1.98%
Reward: 12.68%
Leverage: 10X
Leveraged Risk: 19.8%
Leveraged Reward: 126.80
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Disclaimer:
This is not financial advice; I am not a financial adviser. This information is not meant to be used for financial advice, nor trade ideas. These posts are simply a record of my technical analysis and potential trade setup ideas.
These posts are intended for educational purposes only. It is imperative that everyone conduct their own research prior to entering any trade.
Sushi potential heads and shoulders then bart downDon't believe alts will continue up as BTC.d . Potential to draw ahead and shoulders then bart down is there.
sushiperp going down 17%!!I chart that the Sushi token is going down at least 17%.
Rejected from this trendline. Failing to make new MS. A couple of bearish candles hanging around.
Even if you move the trend line Sushi finds itself within a 20% channel on the 4hr TF. However, there is a higher quality supply at $1.63. Be aware.
This target of $1.12 would create a double bottom.
Sushi has had a great recovery since the BTC dump. BTC has just tested the 61.8 fib, and I think it should be rejected taking some alts with it.
My TP is front running the Demand level at $1.17.
Stay Safe in these merky waters...
sushi cooking triangle patternsushi is cooking triangle pattern. Good entry area load up potential jump on breaking triangle.
