We can see the classic "cup pattern" on the SUSHIUSDT chart, this can signal that the trend is about to reverse.
As you can see on the left side, each time this bottom pattern shows up prices tend to grow.
We also have a broken downtrend as we all as increasing volume and bullish indicators (strong RSI).
All these signals support higher prices.
Note: There can be a retrace before higher prices as it happens with the cup & handle pattern.
The targets are marked on the chart.
This is not financial advice.
Namaste.
As you can see on the left side, each time this bottom pattern shows up prices tend to grow.
We also have a broken downtrend as we all as increasing volume and bullish indicators (strong RSI).
All these signals support higher prices.
Note: There can be a retrace before higher prices as it happens with the cup & handle pattern.
The targets are marked on the chart.
This is not financial advice.
Namaste.
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