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Sushiusdt

SUSHI/USD - Refueling before $9!SUSHI has reached quite an unexpected price in such a short time! Almost $8... after an amazing run from .50 cents! Congrats to anyone that held until this price! If you are looking for the next possible target, then Sushi may attempt to reach its previous ATH levels at around $9 as indicated by the daily resistance line. Therefore, if this correction is not sustained, we should find support at $6 or $5 after which price should resume it's ascending move. However, there are some signs of concern with MACD on daily ticking lower on the histogram, indicating momentum may be fading, at least for now and RSI is turning down. If we fall below the $5 level then I would be concerned and turn bearish as that would indicate we may have made a local top and price will take time to recover back. The current drop was triggered by ETH being rejected from ATH level, but it may quickly recover at which point the market should resume its up-trend. So keep an eye on ETH. Like and follow if you liked this idea!
Long
by DU09
Top 10 Altcoin Picks in 2021! | Part 2 of 2Please see my other idea for Part 1 (ranks 1 to 5), linked below. 6. UNI (runner up: SUSHI ). DEFI market has seen unparalleled growth and decentralized exchanges like Uniswap have pioneered a new way of trading in the ETH ecosystem, whereby automated market makers and liquidity providers get a share of the trading fees plus incentives! Uniswap decentralized exchange is the leader by volume closely followed by Sushiswap. For this reason UNI and SUSHI - the tokens of the two decentralized exchanges - make it on our list. Important to also mention Curve as a dedicated decentralized exchange for stablecoins, with CRV as its native token. 7. SNX (runner up: ATOM ). Similarly, SNX or Synthetix is a derivatives liquidity protocol on Ethereum network. Meaning that you can issue synthetic tokens on its network linked to fiat, crypto or commodities. The possibilities are limitless and you can trade such tokens on the ETH network. To mint synthetic tokens one has to stake SNX - the native token of the network - hence creating demand and accelerating its market price, which exploded with the DEFI market. In this ever expanding market of crypto coins and blockchains, ATOM or Cosmos comes to clean it up by allowing different blockchains to communicate with each other. Sometimes described as blockchain 3.0 (1.0 being BTC and 2.0 ETH), ATOM is a good candidate for our runner up spot. 8. LTC (runner up: DASH ). If you are after a more agile, faster and cheaper alternative to BTC. LTC is your go-to coin or the "little brother" of BTC. Litecoin managed to carve itself a niche in the market and has consistently been one of the top coins by market adoption and usage. Whenever BTC or even ETH face congestions on their networks, LTC is a good alternative to move value for a few cents, unless you choose XLM (that one is instant and reason why is at the top of our list). DASH is our runner up because it has consistently shown sustained volume and adoption across the world with real use cases and a growing list of vendors accepting it as a payment method. 9. MRK (runner up: AAVE ). Maker or MKR is the governance token of the MarketDAO that allows users to issue and manage DAI (see above). Considering DAI is one of the most trusted decentralized stablecoins around, MKR should continue to increase in value, especially since its circulating supply is 1 million. With the crypto market set to explode, DAI and MKR will grow tremendously. AAVE is also a decentralized finance protocol that allows users to lend and borrow crypto and includes "flash loans" meaning the loan completes in the same transaction without collateral being needed. As an integral part of the DEFI market AAVA makes for a good runner up. 10. BCH (runner up: VTC ): BCH cannot be ignored simply because of its adoption level and market cap. As an alternative to Bitcoin, BCH will continue to remain one of the top 10 altcoins in the foreseeable future, with significant potential to grow further. It is also the 4th largest asset in Grayscale's massive $20 billion crypto portfolio. As a runner up, we have VTC or Vertcoin which I believe will have a great run in this current cycle thanks to its new mining algorithm set to launch at the end of January. VTC has been around since 2014 and is very similar to LTC. At only 20 cents right now, if the past is to be repeated, we may have a beautiful run ahead of us. Plus at the end of this year VTC will have its halving. Mineable coins have fallen out of fashion, however we may have a rebound in interest for such coins in this cycle. What do you think about the above list and what are your recommendations for this year? Let me know below.
COINBASE:BTCUSDLong
by DU09
2
$SUSHI $BTC Update | 56% Gain So Far From Our EntryBINANCE:SUSHIBTC Little update on $SUSHI here we've established a new higher high, presently up 56% from our buy zone looking to face the first hurdle of resistance near the 2090 satoshi mark. Sushi seems one of the coins primed to be on an absolute tear during this market cycle and likely into the bear market. I took some profits as mentioned on my twitter after a 30% move from our entry with the intention to put them into back into Sushi but saw an opportunity to add to my $DOT position as it was consolidating at the time a good moment to top up my stack. Would arguably saw that may have been a bit early but that's fine. Still sticking to the original plan
Long
by BullAndBearCrypto
SUSHI 12h If you keep Sushi too long, they may spoilIt has been a long time since the previous ideas were published. And during this time, a lot of interesting things happened on the Sushiusdt chart. Probably the most memorable squeeze for $1. Then the lovers to trade with a margin leverage and even without using stops were very painfully shaved. And those who organized this flow bought very cheaply. Since then, the price has been growing steadily and without stopping, having already made almost x6. Now, the price reaches the strong level of $5.90-6.0 0 and doubts begin to creep whether buyers will be able to move up. Fixing the price above $6 will give an opportunity to grow to $7.50. But if we take into account the fact that all the growth happens on falling volumes, the thought running through my head that a fall into the zone of $2.75-3 is more likely. Although, one manipulator knows how much he still has strength to push the price up without volumes. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
8
SUSHI / USD - On the road to $6 SUSHI has been a very strong performer since early November. We touched $5 and went lower to the support zones, but today we recovered the losses from yesterday entirely! Today's daily candle is a bullish engulfing one (meaning it's size covers and exceeds the body of the previous red candle), which is very bullish! Looking at the structure we are forming, I see a wedge which still has some fuel left to take us to $6 before a meaningful correction can take place. Therefore, I would be very cautious about buying SUSHI around $6 since at that level we have some important resistance. Only a clean break up of the wedge could give us enough confidence that we can pass $6 without concerns. The indicators are also looking good right now, showing momentum for SUSHI remains intact. However if a bearish divergence forms on the RSI at around 6$ this will probably spell that a significant correction is due. Like and follow if you liked this idea!
Long
by DU09
2