Sushi Can Recover After Long-Term Correction

SUSHIBTC peaked in May 2021.

Here we are looking at Sushi's long-term chart since August 2020 on the weekly timeframe.

We can see that after May's price peak we had a long-term correction.

After hitting a low in late November, right below the 0.786 Fib. retracement level, we have some green candles.

Today SUSHIBTC is back above the 0.786 Fib. retracement support and also challenging the most important EMA10 level.

If SUSHIBTC can break and stay above 15,000 satoshis (0.00015000), we can expect additional growth.

The support we set it at the last low at 0.00010000.

Remember to build your own plan before you trade.

Good luck.

This is not financial advice.

Namaste.

Bình luận:

SushiSwap is looking good.
Prepare for profits.