kjrthi

SUSHI time to Long?

Long
kjrthi Mis à jour   
BINANCE:SUSHIUSDT   SUSHI / TetherUS
Based on the trend Fibo, Sushi is trying to turn the 0.786 (3.5 USDT) into a local support.
If the weekly closes above this support then Sushi will hit the 0.618 (5 USDT) easily the next resistance. and it will further try to spike until 6 USD which is the 0.5 of Fibo the next strong resistance.
and around 6 USDT SUSHI is touching / going to retest the downtrend line (yellow line). couple candles close above will easily make way to 10 USDT.

Entry : 3.65
TP1 : 5.03
TP2 : 6.11
SL : 2.78

Plan your leverage accordingly, if you have the same idea as me :)

Safe trading!
Trade fermée manuellement:
Can book profit (optional).
yet another 10% profit * Leverage :)
Cheers!

Total no. of Analysis : 7
Successful trades : 5
NPNL : 0
Lost : 0
In Progress : 2

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.