Hi, iJustCoiners!
At this chart i pointed out a potential buy and sell zones for SUSHIUSDT.
Looking at 6H and 12H timeframes i see a potential to dip down to $4 zone.
Then price may recover to $5.7-$6 level and Aqua/White Lower Bbands on 1D Timeframe should act as resistance.
I am sure most of you won't be buying this dip, because you're scared as hell. I am also sure A LOT of trades are shorting now. And that's the moment when the price action should reverse, because MARKET MAKER always tying to FOOL us - dumb money. When we want to SELL it's really time to buy.
But we must play cool and just for the premium signals. So no hurry, let's wait for the first time of recovery.
It's possible the price won't got that low. But hte potential is here.
At this chart i pointed out a potential buy and sell zones for SUSHIUSDT.
Looking at 6H and 12H timeframes i see a potential to dip down to $4 zone.
Then price may recover to $5.7-$6 level and Aqua/White Lower Bbands on 1D Timeframe should act as resistance.
I am sure most of you won't be buying this dip, because you're scared as hell. I am also sure A LOT of trades are shorting now. And that's the moment when the price action should reverse, because MARKET MAKER always tying to FOOL us - dumb money. When we want to SELL it's really time to buy.
But we must play cool and just for the premium signals. So no hurry, let's wait for the first time of recovery.
It's possible the price won't got that low. But hte potential is here.
Note
Price dipped down to $4 zone. I am expecting it to reverse soon.
Note
Now we are in a race between 48M White Energy and 90M Red RSI.We may experience one upward pressure after another. So we have to monitor what's going on lower TIMEFRAMES before Upward Pressure will be triggered at 3H, 6H and 12H
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.