Here we go again but this time we have SushiSwap vs Bitcoin (SUSHIBTC).
This pair, just like SUSHIUSDT, is now trading within an ascending channel. We see higher highs and higher lows (bullish) since May 2022.
Higher lows leads to higher highs and so we can start to look for our next target.
We can see an easy, short-term target of 77.7% ahead. Followed by a 161% potential, this one a bit harder but highly possible/probable nonetheless.
You can find more details on the chart. Remember that things can always change.
On a drop, the main support is set at 0.00007329 or EMA50, followed by 0.00006235 which is the 9-Nov. low. These levels can be used as stop-loss. We use manual stop-loss.
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