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SUSHI 5th Wave
SUSHI / TetherUS
SUSHI 5th Wave
By Stoic-Trader
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Mar 29
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Mar 29
SUSHI seems to be finishing a 5-wave cycle and a larger correction should be expected soon.
I don´t rule out that wave 5 may still be in progress as an ending diagonal, but I would only take quick scalp trades at current levels.
An interesting pullback zone is the 1.3-1.4 region, which is a key support-resistance level and matches the 50% retracement level.
Chart Patterns
Elliott Wave
Trend Analysis
Stoic-Trader
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