SUSHI/BTC Scalp Trade SetupSUSHI/BTC is grinding down.
This is a time to be ready for a nice fib scalp trade.
If there is a panic down to the 0.786 there will likely be a bounce to the 0.618.
The .786 also lines up with a nice historical resistance which will probably flip
into support.
A clean 15% move if the buy order hits and the trade works out.
Sushi
Consider buying partially between 41k - 44kBTC just received great news from the traditional markets, Musk invested 1.5 bi, and that could bring more investors from traditional markets in the short term. But, remember that usually Elon pumps pull back in the next day, not saying that it will happen but it could, and my orders are waiting.
On the other hand alts will not stop with BTC pumping, they will follow, especially defi coins. Prepare yourselves to buy possible deeps in the next days, and also to see them pumping in the next weeks.
$CRV - The next big runner in DeFi$CRV is going to $5 in the next 30-60 days, and ultimately 5x-10 from here. Most new projects are using Curve's liquidity pools to fuel theirs. Sure, plenty of $CRV not in circulation, but those will just minted as yield and rewards for those who have the capital to provide liquidity. Unfortunately $ETH gas fees are pricing out small investors right now.
Sushi possibly coming back to 10,6Good opportunity to buy sushi, BTC going up means that alts will correct (that already started and is about to end)
But they will correct and slowly create momentum, when BTC finds the top again they will explode, but the best buys are right now on my point of view.