SUSHI - SUSHI/USD

- USD (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	SUSHIUSD
ISIN:

SUSHI - SUSHI/USD - Daily - Technical analysis published on 07/30/2023 (GMT)

Timeframe : Daily
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bearish

Technical indicators

44%

28%

My opinion

Neutral between 0.630000 USD and 0.740000 USD

My targets

My analysis

The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 0.740000 USD. The first support is located at 0.630000 USD. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by SUSHI - SUSHI/USD.

Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.

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

SUSHI - SUSHI/USD rating 0.690000 USD. On the day, this instrument gained +1.47% and was between 0.680000 USD and 0.710000 USD. This implies that the price is at +1.47% from its lowest and at -2.82% from its highest.

0.680000

0.710000

0.690000

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

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this Daily chart of SUSHI - SUSHI/USD indicates that the overall trend is slightly bearish. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could turn neutral or reverse given the slightly bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

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:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Aroon indicator bearish trend

Type : Bearish

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 support of triangle

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.630000	0.690000	0.740000	0.944286	1.260000
Change (%)	-8.70%	-	+7.25%	+36.85%	+82.61%
Change	-0.060000	-	+0.050000	+0.254286	+0.570000
Level	Intermediate	-	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
Standard	0.633333	0.646667	0.663333	0.676667	0.693333	0.706667	0.723333
Camarilla	0.671750	0.674500	0.677250	0.680000	0.682750	0.685500	0.688250
Woodie	0.635000	0.647500	0.665000	0.677500	0.695000	0.707500	0.725000
Fibonacci	0.646667	0.658127	0.665207	0.676667	0.688127	0.695207	0.706667

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.573333	0.606667	0.643333	0.676667	0.713333	0.746667	0.783333
Camarilla	0.660750	0.667167	0.673583	0.680000	0.686417	0.692833	0.699250
Woodie	0.575000	0.607500	0.645000	0.677500	0.715000	0.747500	0.785000
Fibonacci	0.606667	0.633407	0.649927	0.676667	0.703407	0.719927	0.746667

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.373333	0.456667	0.573333	0.656667	0.773333	0.856667	0.973333
Camarilla	0.635000	0.653333	0.671667	0.690000	0.708333	0.726667	0.745000
Woodie	0.390000	0.465000	0.590000	0.665000	0.790000	0.865000	0.990000
Fibonacci	0.456667	0.533067	0.580267	0.656667	0.733067	0.780267	0.856667

Numerical data

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

Technical indicators

Moving averages

RSI (14):	54.15
MACD (12,26,9):	-0.0009
Directional Movement:	13.284591
AROON (14):	-64.285714
DEMA (21):	0.679571
Parabolic SAR (0,02-0,02-0,2):	0.787165
Elder Ray (13):	0.014843
Super Trend (3,10):	0.597060
Zig ZAG (10):	0.700000
VORTEX (21):	1.0543
Stochastique (14,3,5):	22.22
TEMA (21):	0.685668
Williams %R (14):	-66.67
Chande Momentum Oscillator (20):	-0.020000
Repulse (5,40,3):	3.3409
ROCnROLL:	-1
TRIX (15,9):	0.0569
Courbe Coppock:	2.07

MA7:	0.667143
MA20:	0.685500
MA50:	0.657800
MA100:	0.784700
MAexp7:	0.678987
MAexp20:	0.680209
MAexp50:	0.702174
MAexp100:	0.783716
Price / MA7:	+3.43%
Price / MA20:	+0.66%
Price / MA50:	+4.90%
Price / MA100:	-12.07%
Price / MAexp7:	+1.62%
Price / MAexp20:	+1.44%
Price / MAexp50:	-1.73%
Price / MAexp100:	-11.96%

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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