SUSHI / BTC breakout supports USDT breakout. SUSHI/ BTC pair also has a breakout of descending trend line. It is already pulling back to test the trendline which is normal. If it breaks below the trend line, especially on volume, is reason for concern and the both the BTC and USDT pairs breakouts to be invalidated.
See SUSHI / USDT chart for breakout above ATH's after USDT dumps from Sunday night.
Sushiswap
SUSHI - BUYING Breakout and massive buying after dumpSushi on a nice breakout from ATH's after massive dump but strong buying eating it up to where it is now.
SL about 10% under original ATH and swing ATH. Breakout was rejected at fib 1.27 level, but being bought up at pivot points on ATH levels and Fib 1 level.
If market stages a general comeback this week, I expect SUSHI to be in the lead following this breakout if it holds.
SUSHISWAP sushi usd back on track to $20 this month ?It might be late update but such a clear chart pattern for me :
1. A clear reverse head & shoulders pattern.
2. Already touch my support area couple days ago , my yellow line, & holding above 50 SMA line since 9feb.
2. MACD finally back to 0. considering healthy movement for back to bullish .
Fundamental reasons:
1. Halving reward effect (math logic as #Bitcoin halving did)
2. BentoBox lending product incoming this month (hopefully)
3. New product on development called "MISO" (Minimal initial Sushiswap Offering)
4. ....Mark Cuban revealing his crypto investment, one of them is $SUSHI lol
(reupload due to my ignorance of the house rules)
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!! That is my personal hope & observation nor financial advice. I am not self-claimed pro/wizard TA analysist lol.
just documenting my own reasons of my investment & trading.
SUSHIUSDT Scalping PlaySUSHI was the strongest alt in my watchlist which bounced back after a decline simultaneously with BTC. Observing this strength made me open another long position at $16,1434.
Again moved S/L upwards after each successful lower high formed.
Got stopped out at $16,73 with a decent profit.
Sushi set for an ATH retest and then off to the next Fib level.Sushi has had a considerable run up along with other DeFi tokens in the last few weeks. It is consolidated after hitting an ATH and is set to retest that ATH and possible continue on with a potential of hitting $20 as the next fib train stop suggests.
This is my opinion and my own opinion only. Not financial advice.
SUSHI/BTC looking bullish and 1005 potential from here as per TA#SUSHI/BTC TA Update:-
#SUSHI/BTC looking good for fresh entry.
Because trading at support level.
Entry1:- 2900-3000 Satoshi
Targets:- 3959/6498 Satoshi
Key point:-
👉 if candle close below 2800 Satoshi then next good entry will be 2000-2100 Satoshi
So if bearish close then I will exit and again buy at dip ( entry 2)
But don’t enter at entry 2 without my update.
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UNISUSHI Seems like there is a double bottom on the unisushi daily chart, food coins are cools and stuff, but if you take my two sats uniswap v3 will absolutely destroy this one.
Please disagree with me, want my ideas challenged.