SUSHI / TetherUSDiupdate

SUSHIUSDt ready for the new breakout?

SUSHI created a rounded Bottom on 0.850$ area where the market formed the accumulation phase exactly on Weekly support (0.911$)

After the breakout the price retests the resistance as new support on 1$ area, and started with Higher High and Higher Low, it had another important breakout from 1.170$.

At the moment the price is in accumulation Phase below the 4h supply, the 1.4$ area is a key level for the market

What's next?
The price needs more volume to continue the bullish movement, so we could see a false breakout from the accumulation phase in order to grab the fresh liquidity and create a breakout of 4h supply zone, so According to Plancton's strategy, we can set a nice order
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Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.
  • ⚫️ black structure -> <= 1h structure.

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Follow the Shrimp 🦐
Catatan
The price is testing the Fibonacci level as I mentioned Before in my idea.
Now the price needs to hold it and grab new liquidity to create a new bullish impulse

cuplikan
Catatan
The price is following my second arrow, after a clear false breakout as expected!
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Catatan
waiting for the breakout after the market followed my arrow!
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Catatan
still testing
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Catatan
Still waiting for the breakout
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Catatan
consolidation below the resistance
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Catatan
The price needs to create a clear breakout from here
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Catatan
finally 7%
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Catatan
21% cuplikan
Catatan
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