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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.

DateMay 28, 2023 - 09:57
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 0.845, beginning of uptrend is expected.
  • We make sure when the resistance at 1.220 breaks.
  • If the support at 0.845 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • While the RSI downtrend #1 is not broken, bearish wave in price would continue.
  • A peak is formed in daily chart at 0.930 on 05/18/2023, so more losses minimum to Major Support (0.845) 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 36.

Symbol Released Current Forecast
SushiSwap (SUSHIUSD) Sat, 13 Apr 2024
SushiSwap (SUSHIUSD) Sat, 6 Apr 2024
SushiSwap (SUSHIUSD) free Sun, 31 Mar 2024
SushiSwap (SUSHIUSD) free Sat, 23 Mar 2024
SushiSwap (SUSHIUSD) free Sun, 17 Mar 2024