SUSHIUSDT trade ideas
SUSHIUSDT 50 % drop likely - BewareSushi remains in the long-term downtrend and looks as bad as many other altcoins.
In this case we also expect 50 % drop.
The price already broke below the upsloping support line and is retesting it as a resistance.
- We expect the rejection and continuation to the downside.
- Even if the price manage to pump above the upsloping line that should be acting as a resistance now, there´s still the major downsloping resitance line where we expect the rejection and downtrend continuation.
- Retesting all time lows is likely as long as the trend remains bearish but there´s also support at 0,60$ which would be approx. 50 % drop.
- To become bullish the price has to break above the downsloping resistance line which is less likely in our opinion especially that BTC.D is expected to bounce from its key support.
Good luck
SUSHIUSDT | SETUPSUSHIUSDT has been in a bullish trend .
Currently, the price is trading near rising support which is well respected by price previously.
The 200MA is also keeping the price hold above key levels.
The bulls are in control as long as price is trading above rising support.
Bears will get control below break of rising support.
Trade your levels accordingly.
SUSHI/USDT - Long Term Bull Case 🐂One of our favorite alts both long term & short term SUSHI/USDT 🔥
Looking at the 4H and Daily SUSHI/USDT charts, we've mapped out a bull case for the remainder of 2022. This alt has shown solid support at ~1.6 and looks primed for a leg up.
AlgoBuddy also printed a buy signal, which has played out very nicely.🔮
We'll be looking to scalp along the way, but long term this remains one of our favorite HODL's.
Big week ahead with CPI & the elections, so capital preservation is key. Eyes peeled!
-TucciNomics
Chief Overlord, AlgoBuddy
SUSHI! WHO WANTS SUSHI ! Hello Traders and everyone, I AM HADI KARAALI, KNOWN AS SNIPERS_FX
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SUSHI, as we can see from daily time frame price is clearly overall bearish
However, price now is approaching massive and strong area where we will be searching for new longs
or- bullish reversal as shown in the picture
As we can see price is stuck inside this range
For a medium term bullish reversal we need a break above this major swing high and the upper bound of the range
From a short term perspective price broke above the major high and traded higher
For now what !?
For now we are trading inside this chanel from a short term for the bears to reclaim the control we need a new swing low to form or a break immediately below the major low
or- a break above the range as mentioned before
ENJOY THE SUSHI ANALYSIS !
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
SUSHI has a very bullish setup imoDidnt post crypto charts for a while.
This is one of my favorite coins together with QUICK, ADA, MATIC, FLUX, ETC and big once like BNB and ETH
Im holding for this to give me 5-10x to exit
I dont think crypto will bottom till sometime next year, so any good and quick pump here will make me exit half (especially if it hits the lower bottom of my target