$SUSHI/USDT 2D (Binance Fut.) Descending triangle break & retest

13 Sep 2021

Sushi Swap looks really bullish on macro view and we expect to resume the bull-trend soon!
Also you can earn rewards staking on sushi.com so we expect demand to keep growing.

Current Price= 10.278
Buy Entry = 10.294 - 9.394
Take Profit= 13.618 | 19.872 | 26.854
Stop Loss= 7.953

Risk/Reward= 1:2 | 1:5.3 | 1:9
Expected Profit= +38.34% | +101.87% | +172.80%
Possible Loss= -19.21%

Fib. Retracement= 0.786 | 1.272 | 1.764
Margin Leverage= 1x
Estimated Gain-time= 3.5 months

13 Sep 2021

Dagangan aktif

First entry filled.
EDIT:
Fib. Retracement= 0.618 | 0.883 | 1.117

14 Sep 2021

Nota

SushiSwap bounced back very nicely with up to +25.47% profit, great way to start!

15 Sep 2021

Dagangan ditutup: sasaran tercapai

TP1 reached with +38.34% (1x) and +2R

What a bullish move for SushiSwap, up to +54.62% without leverage, SL adjusted to lowest entry (9.394$).

30 Sep 2021

Nota

Back to Break-Even (BE)

Sushi Swap has been stopped at 2nd entry with -4.57% loss but set-up remains valid.
If you are still in, you can stick to original SL, if you are out, wait for 100EMA to be regained (~10.35$)