SUSHI - SUSHI/USD
SUSHI - SUSHI/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: SUSHIUSD
ISIN:

SUSHI - SUSHI/USD - Daily - Technical analysis published on 12/08/2022 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 1.28 USD
My targets
1.12 USD (-5.08%)
1.01 USD (-14.41%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on SUSHI - SUSHI/USD as long as the price remains well below 1.28 USD. The sellers' bearish objective is set at 1.12 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.01 USD. In case of crossing, the next objective would be the support located at 0.93 USD.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
6.1

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:
15 min. 1H Weekly

Additional analysis

Quotes

The SUSHI - SUSHI/USD price is 1.18 USD. The price has increased by +1.72% since the last closing with the lowest point at 1.16 USD and the highest point at 1.18 USD. The deviation from the price is +1.72% for the low point and 0% for the high point.

1.16
1.18
1.18

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

Technical


Technical analysis of this Daily chart of SUSHI - SUSHI/USD indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.93 1.01 1.12 1.18 1.28 1.42 1.58
Change (%) -21.19% -14.41% -5.08% - +8.47% +20.34% +33.90%
Change -0.25 -0.17 -0.06 - +0.10 +0.24 +0.40
Level Minor Major Minor - Minor Intermediate Intermediate



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
Standard0.981.071.111.201.241.331.37
Camarilla1.121.141.151.161.171.181.20
Woodie0.971.061.101.191.231.321.36
Fibonacci1.071.121.151.201.251.281.33


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.871.031.171.331.471.631.77
Camarilla1.241.271.291.321.351.381.40
Woodie0.871.031.171.331.471.631.77
Fibonacci1.031.141.211.331.441.511.63


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.130.430.951.512.032.593.11
Camarilla1.171.271.371.471.571.671.77
Woodie-0.150.420.931.502.012.583.09
Fibonacci0.430.841.101.511.922.182.59

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 41.03
MACD (12,26,9): -0.0200
Directional Movement: -4.30
AROON (14): 35.72
DEMA (21): 1.26
Parabolic SAR (0,02-0,02-0,2): 1.06
Elder Ray (13): -0.12
Super Trend (3,10): 1.49
Zig ZAG (10): 1.16
VORTEX (21): 0.9700
Stochastique (14,3,5): 15.69
TEMA (21): 1.26
Williams %R (14): -94.12
Chande Momentum Oscillator (20): -0.02
Repulse (5,40,3): -14.5900
ROCnROLL: 2
TRIX (15,9): -0.2300
Courbe Coppock: 16.42
MA7: 1.29
MA20: 1.26
MA50: 1.39
MA100: 1.30
MAexp7: 1.26
MAexp20: 1.29
MAexp50: 1.32
MAexp100: 1.36
Price / MA7: -8.53%
Price / MA20: -6.35%
Price / MA50: -15.11%
Price / MA100: -9.23%
Price / MAexp7: -6.35%
Price / MAexp20: -8.53%
Price / MAexp50: -10.61%
Price / MAexp100: -13.24%

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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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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