SUSHI Long position, good R:R entry with potential future
SUSHI long position added in the dip yesterday at 5.38 leveraged long.
This looks a great area to add SUSHI for a long term hold. Wonderland.fi project is looking to acquire SUSHI which will bring huge volume of trading to the company.
Technically - SUSHI has fallen to solid resistance and buys below 5.5 offer a good R:R.
This chart abides by 2 of my main long term rules.
1. Buy when below the 100 and 200 SMA. - I've drawn around these areas on the chart, always offering a good R:R.
2. Buy at the bottom of resistances, not at the top of supports.
This looks a great area to add SUSHI for a long term hold. Wonderland.fi project is looking to acquire SUSHI which will bring huge volume of trading to the company.
Technically - SUSHI has fallen to solid resistance and buys below 5.5 offer a good R:R.
This chart abides by 2 of my main long term rules.
1. Buy when below the 100 and 200 SMA. - I've drawn around these areas on the chart, always offering a good R:R.
2. Buy at the bottom of resistances, not at the top of supports.