SUSHI / TetherUS PERPETUAL CONTRACT
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SUSHIUSDT P 1H Time frame

Sushi 1H forming a sharp falling wedge which could be interpreted as the handle, in cup & handle pattern.
I expect a bounce from the point of crossing the red box with the lower boundary of the wedge, as long as BTC doing a healthy ranging in this area. Confirmed break out from the wedge is safest entry. Although scalping with stop loss will be possible at lower points, …
This is my personal opinion and please do your own analysis before taking any position and enter any position only after assuming you as the responsible person.
Trend Analysis

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