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Bullish long on $SUSHI for a target of $40

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Super Algorithm is still showing bullish and is producing a current green bar. If one has used the indicator, one would have unrealized 1072% non-leverage profit by now, as shown on the chart.
syot kilat


The SUSHIUSD has just passed the 50% fib area. It is a significant milestone. It quite often indicates price can and likely reach ATH in the long term.
syot kilat


As you can observe from the below chart, the SUSHI price has created a good demand zone. I am putting the stop loss just inside.
syot kilat


Price going up when the parabolic SAR is going up is bullish. It is observed currently in the SUSHI daily chart.
syot kilat


Currently, the SUSHI daily price is at TD Sequential 5. I mean, there may be another four price rise day.
syot kilat

The SUSHI daily chart is showing a higher high- higher low bullish pattern.
syot kilat

Ichimoku is strongly bullish on SUSHI
Reasons:
Chiku is above the price & green cloud.
Price is above tenkan (red line). Tenkan is above kijun (blue line). Kijun is above a green Kumo cloud.
There are no tall structure in front of the Chiku.
Price has already retraced and bounced from the Tenkan and Kijun, finishing its retrace. It is not on its mission to hopeful $40 someday.
syot kilat


There is a squeeze (the red square marks) on the SUSHI price right now. It means a big move is imminent.
syot kilat

Dagangan ditutup: hentian tercapai

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