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Good Morning Traders,
With yesterday's close on November 21, Lift-Off offers us a SHORT trading signal on the altcoin SUSHISWAP (SUSHIUSDT)
SUSHISWAP against USDT closed at $1.117, marking -4.69%.
SUSHISWAP is currently ranks 140th in the classic by capitalization
The signal is generated at a complicated time for the crypto market after the FTX fiasco, but SushiSwao is still within a large laterality that started in June, so the price will have to break an important support to accelerate.
Below chart of SUSHISWAP with the signal detected by Lift-Off
Two words about the SUSHISWAP project:
[...]SushiSwap (SUSHI) is an example of an automated market maker (AMM). An increasingly popular tool among cryptocurrency users, AMMs are decentralized exchanges that use smart contracts to create markets for any pair of tokens.
SushiSwap aims to diversify the AMM market and also add additional features that were not previously present on Uniswap, such as increased rewards for network participants via its own internal token, SUSHI[...]
Signal board of November 21, 2022
SHORT- SUSHISWAP - SUSHIUSDT
Input price: 1.124 USDT (or any price if not too far away)