DU09

SUSHI / USDT - Sushi double top or a relief?

Short
BINANCE:SUSHIUSDT   SUSHI / TetherUS
SUSHI has touched the weekly resistance twice now and in both cases we corrected down. Question is now if this is a double top which may signal a deeper correction is due. For the double top to be confirmed the price has to break the local support at $1.9. If that falls, then we're in for a longer correction

The bullish case is to see price bounce again on support level and push beyond weekly resistance which will open the road for SUSHI to reach $3-4 levels.

Short term the bias is bearish until we either bounce of support or we break the diagonal resistance.

📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰

🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha

Likes and follows appreciated! 🚀
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.