SUSHI / TetherUSCập nhật SUSHIUSDT is inside the descending channel
Sushi has had a remarkable performance, delivering a gain of over 32% after a clear breakout from the daily resistance.
Currently, the price is forming a descending channel on the daily chart.
The descending channel acts as a potential bearish reversal pattern, indicating a potential downward trend in price.
A descending channel is a technical analysis pattern that occurs when the price of an asset moves lower within two downward-sloping parallel lines. It is considered a bearish reversal pattern that suggests a potential downward trend in the price of the asset. Traders often use the descending channel to identify sell signals and set stop-loss orders. It is important to monitor the price action closely, as a clear breakout from the channel can indicate a potential change in trend.
we will be closely monitoring the price action and waiting for a clear breakout from the descending channel to apply Plancton's Rules and determine the next trading opportunity
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Follow the Shrimp 🦐
Keep in mind.
Currently, the price is forming a descending channel on the daily chart.
The descending channel acts as a potential bearish reversal pattern, indicating a potential downward trend in price.
A descending channel is a technical analysis pattern that occurs when the price of an asset moves lower within two downward-sloping parallel lines. It is considered a bearish reversal pattern that suggests a potential downward trend in the price of the asset. Traders often use the descending channel to identify sell signals and set stop-loss orders. It is important to monitor the price action closely, as a clear breakout from the channel can indicate a potential change in trend.
we will be closely monitoring the price action and waiting for a clear breakout from the descending channel to apply Plancton's Rules and determine the next trading opportunity
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
- ⚫️ Black structure -> <= 1h structure.
Ghi chú
Waiting for the breakout Ghi chú
We are Waiting for the breakout!
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Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.