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SUSHI/USD Elliot Wave analysis: Support seems at 5-3 level

SUSHI/USD Elliot Wave analysis: Support seems at 5-3 level
Gregor HorvatGregor HorvatWavetraders

Crypto market is still at the intraday highs and ALTcoins that can be forming or finishing bearish triangle patterns.

SUSHIUSD made a bigger intraday recovery, but nothing significant yet, it's still sideways and it still can be finishing a bearish triangle pattern within wave »b« of Y, so new, probably final leg down towards projected 5-3, maybe even 1 support may occur anytime soon.

SUSHI/USD 4h Elliott Wave analysis chart 

sushi

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Author

Gregor Horvat

Gregor Horvat

Wavetraders

Experience Grega is based in Slovenia and has been in the Forex market since 2003.

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