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Weekly forecast SushiSwap technical chart

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateNovember 22, 2022 - 20:30
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 0.860, beginning of uptrend is expected.
  • We make sure when the resistance at 2.080 breaks.
  • If the support at 0.860 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • A peak is formed in daily chart at 2.080 on 11/04/2022, so more losses to support(s) 0.990 and minimum to Major Support (0.860) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 41.

Symbol Released Current Forecast
SushiSwap (SUSHIUSD) free Sat, 24 Feb 2024
SushiSwap (SUSHIUSD) Wed, 21 Feb 2024
SushiSwap (SUSHIUSD) Sun, 11 Feb 2024
SushiSwap (SUSHIUSD) Sun, 4 Feb 2024
SushiSwap (SUSHIUSD) Sun, 28 Jan 2024