Dear @Binance Square Official community and fellow #traders ,
I am Wise, also known as the @WISE PUMPS .
I find the $SUSHI ๐ฃ daily chart intriguing, as it seems to be following the classic Wyckoff Cycle ๐.
If history repeats itself, weโve just broken out of the accumulation phase โ , highlighted in green ๐ฉ.
As long as the bulls ๐ remain in control, the markup phase may have just begunโpotentially pushing #sushi as high as $2.5 ๐.
โ What's next?
Will SUSHI continue to trade higher from here, or will this cycle play out differently?
I hope you find this post useful, and I would appreciate your likes and support.
Which scenario do you think is more likely to happen first? and why?
๐ Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
Buy and Trade $SUSHI here
All Strategies Are Good; If Managed Properly!