Possible reversal : after bloodbath, time to get some SUSHI?
After its strong bearish movement, it looks like SUSHI found a support between $1.2-$1.4.
In deep, we notice a possible bullish double bottom, containing long dojis, which could lead us to test upper resistances near $2 and above.
On a more global view, it could also be a bull trap, if we consider that we have a neutral or continuation pattern with a descending triangle.
On my side, I am LONG from $1.38.
In deep, we notice a possible bullish double bottom, containing long dojis, which could lead us to test upper resistances near $2 and above.
On a more global view, it could also be a bull trap, if we consider that we have a neutral or continuation pattern with a descending triangle.
On my side, I am LONG from $1.38.