cheliosTD

SUSHI Long position, good R:R entry with potential future

Panjang
BINANCE:SUSHIUSDT   SUSHI / TetherUS
SUSHI long position added in the dip yesterday at 5.38 leveraged long.

This looks a great area to add SUSHI for a long term hold. Wonderland.fi project is looking to acquire SUSHI which will bring huge volume of trading to the company.

Technically - SUSHI has fallen to solid resistance and buys below 5.5 offer a good R:R.

This chart abides by 2 of my main long term rules.

1. Buy when below the 100 and 200 SMA. - I've drawn around these areas on the chart, always offering a good R:R.
2. Buy at the bottom of resistances, not at the top of supports.

Penafian

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