Hi dear friends, hope you are well and welcome to the new update on SushiSwap (SUSHI) token with US Dollar pair.
On a two-day time frame chart, the price action of the SUSHI token has completed another bullish Cypher pattern.
https://www.tradingview.com/chart/SUSHIUSDT/OUkBUpF6-SushiSwap-SUSHI-formed-bullish-Cypher-for-upto-51-5-move/
Buy and Sell targets:
Buy between: $16.12 to $14.13
Sell between: $17.69 to $21.45
Stop loss:
The maximum extent of the potential reversal zone of $14.13 can be used as a stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 51.50%, and the loss possibility is 13%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
For more trading ideas you can join
https://www.patreon.com/moon333
