Technical analysis by xxxkrypTORxxx about Symbol SUSHI on 12/21/2023

From a technical perspective, I think that after decentralized currencies are fully accepted by society, decentralized exchanges will be next. Reasons: If a ton of events such as the FTX incident, Cz's actions and the use of bots in the stock exchanges continue in the future, sooner or later the interest in swaps will increase. However, for this transition to occur, a solution to black money and fraud issues must be found. The fact that it is close to the bottom levels in 2021 seems like a good opportunity to buy and it has not yet jumped. I think it will reach ATH levels sooner or later. Buy and forget can be done for spot. But the biggest problem is that the actual owner of this stock exchange is Sam Bankman :/ It seems positive that it continues in the ascending channel on the daily chart and enters the area I indicated with the yellow box. I think the bounce will happen if the yellow box breaks. support resistance ; pink for monthly chart blue for weekly I preferred the lines