It Will Be Historical Move Of SushiSwap (SUSHI)

It Will Be Historical Move Of SushiSwap (SUSHI)

By moon333 | moon333 | 24 Dec 2021


 

Hi friends, hope you are well, and welcome to the new update on SushiSwap (SUSHI).

Broke out with bullish divergence:
On a daily time frame, the priceline of Sushi has broken out down channel with bullish divergence .

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Big bullish Gartley:
On a weekly time frame, SUSHI has formed a bullish Gartley pattern.

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In order to trade this pattern the targets can be as below:


Buy between: $8.04 to $5.96

Sell between: $11.16 to $14.45

Stop loss:
Stop-loss can be set below the maximum extent of buying zone which is $5.96

Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 142% and a loss possibility is 26%.

Big falling wedge:
On the same weekly time frame the priceline is also rising from the support of a big falling wedge pattern. The big bullish reversal Gartley move can become a big coz of breaking out this falling wedge and in case of breakout, wedge Sushi can start a massive rally for the long term.

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Don't forget to upvote/tip and share the post, thanks

 

You can also support my work at Patreon for more ideas:

https://www.patreon.com/moon333

 

In order to play and watch the current performance of the chart you need at least a free account on tradingview:

https://www.tradingview.com/gopro/?share_your_love=moon333

KuCoin is one of the best exchange to find crypto gems:

https://www.kucoin.com/ucenter/signup?rcode=rJSDVT3

 

Link for Binance exchange, to trade crypto:

https://www.binance.com/?ref=11256882 

 

 

Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.

 

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moon333
moon333

Hi, My name is Atif Akbar and I am a trader and trading charts author


moon333
moon333

Hi my name is Atif Akbar and i am trading charts author of different assets like crypto, forex, commodities, CFDs Stocks e.t.c.

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