SUSHI - SUSHI/USD

- USD (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	SUSHIUSD
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SUSHI - SUSHI/USD - Daily - Technical analysis published on 11/07/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 1.84 USD

My targets

1.99 USD (+5.13%)

2.30 USD (+21.69%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SUSHI - SUSHI/USD as long as the price remains well above 1.84 USD. The buyers' bullish objective is set at 1.99 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.30 USD. If there is any crossing, the next objective would be the resistance located at 2.62 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.6

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The SUSHI - SUSHI/USD price is 1.89 USD. The price has increased by +9.88% since the last closing with the lowest point at 1.68 USD and the highest point at 1.91 USD. The deviation from the price is +12.50% for the low point and -1.05% for the high point.

1.68

1.91

1.89

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

A technical analysis in Daily of this SUSHI - SUSHI/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 14 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near horizontal support

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.29	1.57	1.84	1.89	2.30	2.62	3.53
Change (%)	-31.75%	-16.93%	-2.65%	-	+21.69%	+38.62%	+86.77%
Change	-0.60	-0.32	-0.05	-	+0.41	+0.73	+1.64
Level	Intermediate	Intermediate	Major	-	Minor	Minor	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.48	1.59	1.66	1.77	1.84	1.95	2.02
Camarilla	1.67	1.69	1.70	1.72	1.74	1.75	1.77
Woodie	1.45	1.58	1.63	1.76	1.81	1.94	1.99
Fibonacci	1.59	1.66	1.71	1.77	1.84	1.89	1.95

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.95	1.23	1.52	1.80	2.09	2.37	2.66
Camarilla	1.66	1.72	1.77	1.82	1.87	1.93	1.98
Woodie	0.97	1.23	1.54	1.80	2.11	2.37	2.68
Fibonacci	1.23	1.44	1.58	1.80	2.01	2.15	2.37

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.25	0.63	1.12	1.50	1.99	2.37	2.86
Camarilla	1.36	1.44	1.52	1.60	1.68	1.76	1.84
Woodie	0.30	0.66	1.17	1.53	2.04	2.40	2.91
Fibonacci	0.63	0.97	1.17	1.50	1.84	2.04	2.37

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	60.81
MACD (12,26,9):	0.1300
Directional Movement:	13.14
AROON (14):	78.57
DEMA (21):	1.81
Parabolic SAR (0,02-0,02-0,2):	1.53
Elder Ray (13):	0.07
Super Trend (3,10):	1.33
Zig ZAG (10):	1.86
VORTEX (21):	1.0800
Stochastique (14,3,5):	62.26
TEMA (21):	1.86
Williams %R (14):	-29.41
Chande Momentum Oscillator (20):	0.20
Repulse (5,40,3):	4.8800
ROCnROLL:	1
TRIX (15,9):	1.2100
Courbe Coppock:	45.11

MA7:	1.76
MA20:	1.62
MA50:	1.37
MA100:	1.32
MAexp7:	1.78
MAexp20:	1.64
MAexp50:	1.47
MAexp100:	1.44
Price / MA7:	+7.39%
Price / MA20:	+16.67%
Price / MA50:	+37.96%
Price / MA100:	+43.18%
Price / MAexp7:	+6.18%
Price / MAexp20:	+15.24%
Price / MAexp50:	+28.57%
Price / MAexp100:	+31.25%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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