Defimood
  • Market analysis
    • Cryptocurrencies – Trading Education
    • DeFi market analysis
    • Bitcoin analysis
    • Crypto Coin Analysis
    • Stock Market
  • General strategy
    • Long-term strategy
    • Medium-term strategy
    • Short-Term Strategy
  • Copy trading
    • Binance Copy Trading
    • Bybit Copy trading
    • Bitget copy trading
      • Short-term strategy
      • How to set it up correctly?
    • Bingx copy trading
      • medium-term strategy
      • Long term trade setup
  • Deposit management
  • Assistance to Ukraine
  • About us
    • Contact with us
    • PS_trade – Goals of our project
  • Українська
  • English
Archives
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • June 2022
  • May 2022
  • April 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
Categories
  • Bitcoin analysis
  • Crypto Coin Analysis
  • Cryptocurrencies – Trading Education
  • DeFi market analysis
  • Stock Market
Defimood

Copy Trading,
investments in cryptocurrency

Defimood
  • Market analysis
    • Cryptocurrencies – Trading Education
    • DeFi market analysis
    • Bitcoin analysis
    • Crypto Coin Analysis
    • Stock Market
  • General strategy
    • Long-term strategy
    • Medium-term strategy
    • Short-Term Strategy
  • Copy trading
    • Binance Copy Trading
    • Bybit Copy trading
    • Bitget copy trading
      • Short-term strategy
      • How to set it up correctly?
    • Bingx copy trading
      • medium-term strategy
      • Long term trade setup
  • Deposit management
  • Assistance to Ukraine
  • About us
    • Contact with us
    • PS_trade – Goals of our project
  • Українська
  • English
  • Crypto Coin Analysis
  • DeFi market analysis

SUSHI cryptocurrency makes latest fall momentum

  • 16.11.2021
Total
0
Shares
0
0
0
0
0

Two months of buyers’ attempts to level off the SUSHI cryptocurrency market, unfortunately, did not yield a positive result. Since September 22, the price of SUSHI has stopped the process of aggressive decline. However, if we compare how SUSHI cryptocurrency is able to grow on history, the previous two months were quite weak in terms of growth. After a strong downward momentum of 40%, buyers were able to establish a corrective channel. Low trading volumes at first gave hope for a consolidation zone, in which buyers accumulate volumes for a new wave of growth. However, after several attempts of buyers to break consolidation and start growth of cryptocurrency SUSHI sellers showed who dominates the market.

SUSHI cryptocurrency forecast started to rebound

We published our forecast for SUSHI cryptocurrency with the first stop in the $7 range back on October 29. In fact, our forecast started to work out during the bitcoin’s fall on November 15.

In the best case, buyers will stop the fall in the price of cryptocurrency SUSHI at $7.30-7.50 and from there a possible global growth to the area of $65-67.
In the worst case, the fall will be with a renewal of the minimum in the area of $5. Of course, in that case the consolidation below will be delayed for a longer period of time, but also the global target will grow to the area of $100-120. If you are a long-term investor, it is best to place a large grid of orders in the $5-7 range. As we can see on the chart, the growth prospects are quite high for the first and second scenarios. The probability that SUSHI cryptocurrency price will go lower is low.

SUSHIBTC price has almost reached the lower boundary of the channel

Another fact of the completion of the fall on SUSHI cryptocurrency is the SUSHIBTC price chart. On the weekly timeframe, we can see that the price is approaching the lower boundary of the fall. The increase in trading volume is not visible yet, but it will be the signal of the end of SUSHIBTC falling wave. In fact, since February 2021 on the market SUSHIBTC correction of the global growth impulse began. For the formation of a new growth wave, the buyers should keep the level of 0.00013. Need more cryptocurrency trading signals? Join our trade marathon!

Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Related Topics
  • cryptocurrency
  • SUSHI
You May Also Like
View Post
  • Crypto Coin Analysis

XRP Cryptocurrency – buyers have a chance to start an uptrend

  • defimood
  • 25.11.2022
View Post
  • Crypto Coin Analysis

Monero Cryptocurrency – Does this “grandfather” have a future?

  • defimood
  • 16.11.2022
View Post
  • Crypto Coin Analysis

SOL cryptocurrency – closeness with FTX can destroy

  • defimood
  • 15.11.2022
View Post
  • Crypto Coin Analysis

Polkadot (DOT) сryptocurrency – growth forecast to $10

  • defimood
  • 11.11.2022
View Post
  • Crypto Coin Analysis

VET Cryptocurrency growth prospect to $0.07

  • defimood
  • 08.11.2022
View Post
  • Crypto Coin Analysis

The future of the FTT token is in jeopardy

  • defimood
  • 08.11.2022
View Post
  • Crypto Coin Analysis

SUSHI Cryptocurrency – main target $3.3

  • defimood
  • 04.11.2022
View Post
  • Crypto Coin Analysis

MASK Cryptocurrency – what Elon Musk and Twitter have in common

  • defimood
  • 03.11.2022
Defimood
  • Market analysis
  • General strategy
  • Copy trading
  • Deposit management
  • Assistance to Ukraine
  • About us
  • Українська
  • English
криптотрейдинг, инвестиции в криптовалюту

Copyright © 2021 defimood.com All Rights Reserved.

Input your search keywords and press Enter.