Trend Following with SUSHI: Navigating Volatility in DeFi
We are going to conduct a comprehensive trend following analysis on SushiSwap (SUSHI), examining its price movements, market dynamics, and the effectiveness of trend following strategies within the context of decentralized finance (DeFi) from historical data up to August 30, 2024:
Trend Following Analysis of SushiSwap (SUSHI)
Abstract
This abstract encapsulates an in-depth trend following analysis of SushiSwap (SUSHI), a prominent decentralized exchange token within the cryptocurrency market. Leveraging real-time data and historical trends up to August 30, 2024, this study explores how trend following strategies could be applied to SUSHI, considering its volatile nature and the broader DeFi market dynamics. The analysis delves into key events influencing SUSHI's price, such as its launch, integration into major exchanges, governance updates, and market sentiment shifts. By employing various technical indicators like Moving Averages, Oscillators, and Ichimoku Cloud, we assess the effectiveness of trend following in capturing significant price movements of SUSHI. The findings reveal insights into the profitability, risk management, and the comparative performance of SUSHI against other DeFi tokens and traditional assets. This abstract outlines the methodology, key scenarios analyzed, and preliminary observations, setting the stage for a comprehensive discussion on the practical application of trend following in the context of decentralized finance tokens like SUSHI.
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Papers Primary Focus: Trend Following Strategies on SushiSwap (SUSHI) in DeFi
SushiSwap emerged in August 2020 as a fork of Uniswap, initially drawing attention for its innovative approach to liquidity mining through the introduction of the SUSHI token. Created by an individual or group under the pseudonym Chef Nomi, SushiSwap quickly garnered interest for its governance model, where SUSHI token holders could participate in decisions affecting the platform's direction. This move was not without controversy, especially highlighted by the dramatic events surrounding Chef Nomi's actions with the project's funds, which led to a significant drop in SUSHI's price and eventually, the transfer of control to Sam Bankman-Fried, signaling a turbulent yet transformative phase in its history (Decrypt, 2020).
The SUSHI token serves multiple roles within the SushiSwap ecosystem. Primarily, it functions as a governance token, allowing holders to vote on proposals that could influence the protocol's development and fee structures. Additionally, SUSHI holders can stake their tokens to earn a share of the platform's transaction fees, creating an incentive for long-term holding and participation in the ecosystem's growth. This model was designed to foster a community-driven platform, distinguishing SushiSwap from its predecessors by integrating community governance and reward systems directly into its tokenomics (Sushi.com, 2023).
SushiSwap has positioned itself as a significant player in the decentralized finance (DeFi) space, not just by offering trading services but by expanding its offerings to include yield farming, staking, and more recently, integrating with other blockchain ecosystems like Aptos for a broader cross-chain experience (X post by @Aptos, 2023). Its approach to incentivizing liquidity providers and token holders through innovative tokenomics has set it apart, influencing other DeFi projects to adopt similar strategies. Despite facing challenges, SushiSwap's evolution reflects the broader trends in DeFi towards more inclusive, community-governed platforms, aiming to redefine how decentralized exchanges operate within the ever-evolving blockchain landscape.
Trend following in cryptocurrency trading refers to a strategy where traders aim to profit from long-term market trends by entering trades in the direction of the trend and exiting when the trend shows signs of reversal. This approach leverages the momentum of price movements, often using technical indicators like moving averages, the Donchian Channel, or the MACD to identify trends. The basic principle is straightforward: buy when the market is trending upwards and sell or short when it's trending downwards. This method is particularly appealing in volatile markets like cryptocurrencies, where trends can persist for extended periods, offering significant profit opportunities (TradingwithRayner, 2023).
The application of trend following strategies to DeFi tokens introduces unique considerations due to the nature of DeFi projects. These tokens often exhibit higher volatility and are influenced by factors like governance changes, yield farming opportunities, and broader DeFi market sentiment. Trend following here involves not just price but also monitoring on-chain metrics like active addresses and transaction volumes, which can signal trend strength or reversal. For instance, a rise in these metrics might suggest a bullish trend, aligning with the strategy's core principle of following momentum (Post by @GorillaPodcast1, 2024-08-30).
Historically, trend following has shown mixed results in cryptocurrency markets, largely due to the market's volatility and the presence of both strong trends and sudden, sharp reversals. However, when trends do establish, the strategy can be highly profitable. For example, during significant bull runs or bear markets, trend following strategies have captured substantial gains by riding these trends. Conversely, during periods of sideways or choppy markets, these strategies might underperform or incur losses due to frequent false signals. The effectiveness of trend following in crypto often depends on the trader's ability to adapt these strategies to the unique characteristics of cryptocurrency price movements, including managing risk through position sizing and stop-loss mechanisms (Quantifiedstrategies, 2024).
SushiSwap's (SUSHI) price has exhibited significant volatility, reflecting both the inherent nature of cryptocurrency markets and specific events within its ecosystem. Over the past year, SUSHI's price has seen fluctuations from a high of $23.4390 to a low of $0.4472, indicating a high degree of risk and potential reward for investors (TradingView, 2024). This volatility is partly due to the platform's liquidity, which, despite being among the top decentralized exchanges by volume, still experiences shifts influenced by broader market trends in DeFi. The liquidity pools on SushiSwap not only facilitate trading but also contribute to price stability through the provision of constant liquidity, although this can be disrupted by large trades or liquidity withdrawals (CoinMarketCap, 2024).
The governance model of SushiSwap, where SUSHI token holders can vote on proposals, plays a pivotal role in its market dynamics. Community sentiment, often reflected through governance decisions, can lead to price movements based on perceived value or future utility of the token. For instance, governance proposals that enhance the platform's features or integrate with other blockchain ecosystems like Aptos have historically been met with positive market reactions, boosting SUSHI's price due to increased utility and community engagement (X post by @JapanOrbs, 2024-08-30). Conversely, negative sentiment, such as the infamous "Chef Nomi" incident, can lead to significant price drops due to trust issues.
The broader trends within the DeFi sector significantly influence SUSHI's price. As DeFi continues to evolve, with innovations like yield farming, lending platforms, and cross-chain functionalities becoming more integrated, SushiSwap's relevance and utility within this ecosystem directly affect its market value. For example, the integration of new features or partnerships, like the one with Orbs for limit order functionality, can drive up demand for SUSHI, reflecting in its price (X post by @JapanOrbs, 2024-08-30). Additionally, the overall market sentiment towards DeFi, whether bullish or bearish, often dictates the liquidity and trading volume on SushiSwap, thereby impacting SUSHI's price volatility and liquidity depth.
For this case study, we analyzed SushiSwap's (SUSHI) price data from its inception through August 30, 2024, focusing on periods of significant market activity and volatility. Data collection included daily price movements, trading volumes, and on-chain metrics from platforms like TradingView and CoinMarketCap. Trend identification was primarily through technical analysis, employing indicators such as the Moving Average Convergence Divergence (MACD) and various Moving Averages (MA) to capture both short-term momentum and longer-term trends. These tools helped in identifying entry and exit points for trend following strategies, aiming to capitalize on SUSHI's volatile price swings.
SushiSwap's journey began with a notable launch, characterized by a significant price surge due to its novel governance model and the allure of high yield farming opportunities. This initial price pump set the stage for trend following, where early adopters could potentially reap substantial profits. As SUSHI gained traction, its integration with major exchanges not only boosted its liquidity but also its visibility, often resulting in favorable price movements. These integrations became pivotal moments for trend followers, prompting them to reevaluate their trading positions in light of the increased market depth.
Further influencing SUSHI's price were governance proposals and updates. Changes that promised to improve the platform's functionality or security generally led to bullish trends, offering clear signals for those employing trend following strategies. The community's sentiment, often gauged through social media and governance voting, played a crucial role in price dynamics. For instance, the "Chef Nomi" incident led to significant price drops, challenging the robustness of trend following strategies during times of negative sentiment.
The profitability of trend following strategies applied to SUSHI presented a mixed picture. During periods of strong trends, these strategies could deliver high returns, particularly when SUSHI's price movement was clearly directional. However, in phases characterized by sideways or erratic movements, the profitability of these strategies waned.
Risk management was paramount given SUSHI's volatility. Techniques such as setting stop-loss orders, adjusting position sizes according to risk tolerance, and sometimes enduring volatility if the overarching trend remained positive, were essential.
When benchmarked against broader market indices or other DeFi tokens, SUSHI's performance in trend following strategies offered insights into its unique market behavior, highlighting both its potential for high returns and the inherent risks associated with its volatile nature.
During SushiSwap's launch, trend following strategies could have identified the initial bullish trend through a combination of rising price action and increased trading volumes. Trend identification here would rely on simple moving averages (SMA) or exponential moving averages (EMA) crossing over, signaling a buy when a short-term average crosses above a long-term average. Entry points would ideally be set just after such a crossover, with stop-losses placed below recent lows to manage risk. The outcome of this scenario was likely profitable for trend followers due to the significant price surge post-launch, although early exits might have missed out on further gains due to the high volatility and potential for false signals in such a new market (Cointelegraph, 2024).
This scenario involves adapting trend following strategies to governance announcements or major updates. Trend identification would focus on pre-announcement dips or post-announcement spikes, using indicators like the MACD for momentum changes. Strategy adjustments might include tightening stop-losses or scaling into positions if the trend confirms after governance changes, expecting volatility. Performance metrics would show mixed results; while positive governance changes could lead to upward trends, negative or controversial updates might result in sharp declines, testing the strategy's resilience against adverse movements (DecentralPark, 2022).
In downturns, trend following strategies would look for bearish signals like the MACD histogram shrinking or moving averages aligning downwards. Trend reversal signals could be confirmed by price breaking below key support levels or moving average death crosses. Protective measures would include setting tighter stop-losses or employing hedging strategies like short positions in correlated assets. Recovery strategies might involve waiting for bullish divergence in momentum indicators or a golden cross of moving averages, signaling potential trend reversal. This scenario's performance would heavily depend on the trader's ability to exit bearish trends early and capture the recovery phase, which often requires a nuanced understanding of broader market sentiment and not just SUSHI's price action alone (MarketBeat, 2024).
SushiSwap's (SUSHI) market is characterized by high volatility, which poses significant challenges for trend following strategies. Volatility can lead to frequent false signals, where trends reverse unexpectedly, causing losses for those who enter or exit positions based on these signals. This environment requires trend followers to either tighten stop-losses, which might result in being stopped out prematurely during normal market fluctuations, or to endure wider price swings, increasing the risk of substantial drawdowns. The high volatility also means that even successful trend following strategies might experience periods of underperformance or losses, especially if the market enters a highly volatile phase without a clear trend direction (MarketBeat, 2024).
Liquidity is a critical factor for trend following, as it affects the ease of entering and exiting positions without significantly impacting the market price. For SUSHI, while it enjoys relatively high liquidity on major exchanges, smaller or less-known exchanges might suffer from liquidity issues. This can lead to slippage, where the cost of executing a trade is higher than expected due to a lack of market depth. For trend followers, this means that strategies might need adjustment for different exchange environments, potentially leading to suboptimal performance or increased transaction costs on platforms with lower liquidity (CoinMarketCap, 2024).
The regulatory landscape, as highlighted by KPMG's insights into 2024 regulatory challenges, introduces another layer of unpredictability for SUSHI and trend following strategies. Regulatory news or changes can lead to sudden shifts in market sentiment, which might not align with the technical trends identified by trend following models. For instance, announcements regarding cryptocurrency regulations or crackdowns on DeFi platforms could lead to rapid price drops or spikes, not necessarily following any previous trend. This unpredictability requires trend followers to be agile, potentially abandoning or modifying strategies in response to regulatory shifts, which adds complexity and risk to trend following in the DeFi space (KPMG, 2024).
Trend following strategies applied to SushiSwap (SUSHI) versus other DeFi tokens reveal nuanced differences primarily due to SUSHI's unique ecosystem features, like its governance model and integration across multiple blockchains. While many DeFi tokens might follow broader market trends, SUSHI's performance can be influenced by specific governance proposals or updates, making it potentially more volatile but also offering distinct entry and exit points for trend followers. This volatility, coupled with the broader DeFi market's growth, positions SUSHI as a potentially lucrative asset for those adept at navigating its specific trends, especially when compared to more stable or less event-driven DeFi tokens (MarketBeat, 2024).
Comparing SUSHI's trend following potential with traditional financial assets highlights the stark contrast in volatility and liquidity. Traditional assets like stocks or commodities might offer more predictable trends due to established market behaviors and regulatory frameworks. However, SUSHI's high volatility can lead to rapid gains or losses, which is atypical in traditional markets. This volatility requires trend followers to employ more aggressive stop-loss strategies or leverage, techniques that might not be as effective or necessary in less volatile markets. The lesson here is that while SUSHI can offer high returns, it demands a different approach to risk management than what's typically used in traditional finance (CoinMarketCap, 2024).
SushiSwap's journey provides invaluable lessons for trend following in the crypto space. Firstly, the importance of understanding project fundamentals beyond just price action; governance changes, partnerships, or technological updates can significantly sway trends. Secondly, liquidity and market depth, as seen with SUSHI's presence on multiple exchanges, affect how smoothly one can execute trend following strategies. Lastly, the crypto market's 24/7 nature means trends can develop or reverse at any time, necessitating constant vigilance. For trend followers, this means integrating real-time data analysis with fundamental research, adapting strategies not just to market trends but to the unique characteristics of each crypto asset like SUSHI (KPMG, 2024).
The future of trend following with SushiSwap (SUSHI) could be significantly shaped by changes within its ecosystem. As SushiSwap continues to evolve, potential updates to its governance model, integration of new features, or partnerships might introduce volatility that could either enhance or challenge trend following strategies. For instance, if SushiSwap expands its cross-chain capabilities or introduces new yield farming opportunities, these could create new trend signals, potentially increasing the profitability of trend following due to increased liquidity and trading volume (MarketBeat, 2024). However, these changes also mean that strategies might need frequent adjustments to adapt to new market dynamics.
The broader DeFi landscape's evolution will undoubtedly impact SUSHI's trend following prospects. As DeFi grows, integrating with traditional finance or facing regulatory scrutiny could lead to market shifts that trend followers must navigate. For example, if DeFi platforms like SushiSwap become more mainstream, attracting institutional investors, this could stabilize price movements but might also reduce the high volatility that trend followers currently exploit. Conversely, regulatory crackdowns or security issues could lead to rapid price drops, providing opportunities for trend followers adept at shorting or entering at lower points (KPMG, 2024).
Technological advancements in blockchain and trading technologies could revolutionize how trend following is applied to SUSHI. Innovations like quantum computing or advanced AI for market prediction might offer new tools for identifying trends with greater accuracy or predicting market movements before they become evident to traditional analysis. Moreover, improvements in blockchain scalability could reduce transaction costs and increase the speed of executing trend following strategies, potentially making them more profitable by minimizing slippage and latency issues. However, these technologies also pose risks, as they could be equally accessible to all market participants, potentially leading to a more competitive and thus challenging environment for trend followers (CoinMarketCap, 2024).
The interplay of these factors suggests that while trend following with SUSHI could remain viable, it will require continuous adaptation to technological, regulatory, and market changes within the DeFi space.
Our analysis of trend following strategies applied to SushiSwap (SUSHI) reveals a mixed bag of outcomes. Trend following has demonstrated potential profitability during strong market trends, especially around significant events like SushiSwap's launch, governance updates, or integration with major exchanges. However, the high volatility of SUSHI, coupled with the unique dynamics of the DeFi market, introduces challenges such as frequent false signals and the need for robust risk management. The comparison with other DeFi tokens and traditional assets highlighted SUSHI's distinct behavior, driven by its governance model and market sentiment, which can both enhance and complicate trend following strategies.
For those engaging with SUSHI, whether as traders or investors, the critical insight lies in adopting a sophisticated approach to trend following. This approach necessitates:
- Adaptability: The volatile nature of SUSHI demands strategies that can swiftly adjust to abrupt market changes, whether they stem from governance decisions or shifts in the broader DeFi landscape.
- Risk Management: With SUSHI's price swings, effective risk management is non-negotiable. This might involve setting tight stop-losses or incrementally entering positions, although such measures could sometimes lead to forgoing potential gains if the market trend persists.
Looking forward, research into trend following with SUSHI should concentrate on several areas:
- Fundamental Analysis: Beyond mere technical analysis, integrating an understanding of SushiSwap's ecosystem developments through fundamental analysis can enrich trading strategies, offering a more holistic view for decision-making.
- Algorithmic Enhancements: There's a need for algorithms that can more accurately anticipate or respond to SUSHI's distinctive volatility, potentially leveraging machine learning to enhance trend prediction capabilities.
- Integration of On-chain Metrics: Delving into how on-chain activities, such as governance participation or changes in liquidity pools, could refine trend signals might uncover new strategic insights.
Moreover, strategy development should consider simulations under various DeFi scenarios, including regulatory shifts or technological breakthroughs, to better equip trend followers for the dynamic crypto market. This comprehensive strategy could foster more resilient and potentially more profitable trend following methods specifically for assets like SUSHI within the ever-evolving DeFi space.
- Cross-Asset Analysis: Examining how SUSHI's trends interact with those of other DeFi tokens or the broader market could help in optimizing entry and exit points for trades.
Note. The aim of our analysis is to evaluate the effectiveness of trend following strategies when applied to SushiSwap's (SUSHI) price movements within the volatile and dynamic environment of decentralized finance (DeFi). The goal is to provide insights into how traders and investors can leverage these strategies to potentially profit from SUSHI's market trends, considering historical data up to August 30, 2024, and to offer a comparative perspective against other DeFi tokens and traditional financial assets. The recommended Citation: Section IV.M.2.a.xlvi: SushiSwap (SUSHI) - URL: https://algorithm.xiimm.net/phpbb/viewtopic.php?p=11463#p11463. Collaborations on the aforementioned text are ongoing and accessible here, as well.
Section IV.M.2.a.xlvi: SushiSwap (SUSHI)
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Section IV.M.2.a.xlvi: SushiSwap (SUSHI)
"The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails." ~ William Arthur Ward
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Re: SushiSwap (SUSHI)
#SUSHI aka $SUSHI:
Variables & Navigation:
- Buy Limit Price = 0.5903 (1.00x DCAP)
- Sell Limit Price = 0.5963 (1.00x DCAP)
- Buy Limit Price = 0.4862 (1.00x DCAP)
- Sell Limit Price = 0.7416 (1.00x DCAP)
- = Executed Order(s)
- = Open Order(s)
- DCAP = Dollar Cost Average Protocol
- LP = Limit Protocol
Disclaimer: Leading by Example - Empowering Individual Decisions - The information shared in our posts, including order placements and adjustments, is intended for educational purposes only. We believe in leading by example and fostering a culture of openness and transparency, where individuals can learn from real-world trading experiences across various asset types, including cryptocurrencies and traditional assets.
"The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails." ~ William Arthur Ward
- Jatslo
- Site Admin
- Posts: 8806
- Joined: Mon Apr 17, 2023 10:26 pm
- Location: United States of America
- Contact:
Re: SushiSwap (SUSHI)
Jatslo wrote: #SUSHI aka $SUSHI:
Variables & Navigation:
- Buy Limit Price = 0.5911 (1.00x DCAP)
- Sell Limit Price = 0.5971 (1.00x DCAP)
- Buy Limit Price = 0.4862 (1.00x DCAP)
- Sell Limit Price = 0.7416 (1.00x DCAP)
- = Executed Order(s)
- = Open Order(s)
- DCAP = Dollar Cost Average Protocol
- LP = Limit Protocol
Disclaimer: Leading by Example - Empowering Individual Decisions - The information shared in our posts, including order placements and adjustments, is intended for educational purposes only. We believe in leading by example and fostering a culture of openness and transparency, where individuals can learn from real-world trading experiences across various asset types, including cryptocurrencies and traditional assets.
"The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails." ~ William Arthur Ward
- Jatslo
- Site Admin
- Posts: 8806
- Joined: Mon Apr 17, 2023 10:26 pm
- Location: United States of America
- Contact:
Re: SushiSwap (SUSHI)
Jatslo wrote: #SUSHI aka $SUSHI:
Variables & Navigation:
- Buy Limit Price = 0.5847 (1.00x DCAP)
- Sell Limit Price = 0.5906 (1.00x DCAP)
- Buy Limit Price = 0.4862 (1.00x DCAP)
- Sell Limit Price = 0.7416 (1.00x DCAP)
- = Executed Order(s)
- = Open Order(s)
- DCAP = Dollar Cost Average Protocol
- LP = Limit Protocol
Disclaimer: Leading by Example - Empowering Individual Decisions - The information shared in our posts, including order placements and adjustments, is intended for educational purposes only. We believe in leading by example and fostering a culture of openness and transparency, where individuals can learn from real-world trading experiences across various asset types, including cryptocurrencies and traditional assets.
"The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails." ~ William Arthur Ward
- Jatslo
- Site Admin
- Posts: 8806
- Joined: Mon Apr 17, 2023 10:26 pm
- Location: United States of America
- Contact:
Re: SushiSwap (SUSHI)
Jatslo wrote: #SUSHI aka $SUSHI:
Variables & Navigation:
- Buy Limit Price = 0.5708 (1.00x DCAP)
- Sell Limit Price = 0.5766 (1.00x DCAP)
- Buy Limit Price = 0.4862 (1.00x DCAP)
- Sell Limit Price = 0.7416 (1.00x DCAP)
- = Executed Order(s)
- = Open Order(s)
- DCAP = Dollar Cost Average Protocol
- LP = Limit Protocol
Disclaimer: Leading by Example - Empowering Individual Decisions - The information shared in our posts, including order placements and adjustments, is intended for educational purposes only. We believe in leading by example and fostering a culture of openness and transparency, where individuals can learn from real-world trading experiences across various asset types, including cryptocurrencies and traditional assets.
"The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails." ~ William Arthur Ward
- Jatslo
- Site Admin
- Posts: 8806
- Joined: Mon Apr 17, 2023 10:26 pm
- Location: United States of America
- Contact:
Re: SushiSwap (SUSHI)
Jatslo wrote: #SUSHI aka $SUSHI:
Variables & Navigation:
- Buy Limit Price = 0.5615 (1.00x DCAP)
- Sell Limit Price = 0.5672 (1.00x DCAP)
- Buy Limit Price = 0.4862 (1.00x DCAP)
- Sell Limit Price = 0.7416 (1.00x DCAP)
- = Executed Order(s)
- = Open Order(s)
- DCAP = Dollar Cost Average Protocol
- LP = Limit Protocol
Disclaimer: Leading by Example - Empowering Individual Decisions - The information shared in our posts, including order placements and adjustments, is intended for educational purposes only. We believe in leading by example and fostering a culture of openness and transparency, where individuals can learn from real-world trading experiences across various asset types, including cryptocurrencies and traditional assets.
"The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails." ~ William Arthur Ward
- Jatslo
- Site Admin
- Posts: 8806
- Joined: Mon Apr 17, 2023 10:26 pm
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- Contact:
Re: Section IV.M.2.a.xlvi: SushiSwap (SUSHI)
Jatslo wrote: #SUSHI aka $SUSHI:
Variables & Navigation:
- Buy Limit Price = 0.5609 (1.00x DCAP)
- Sell Limit Price = 0.5666 (1.00x DCAP)
- Buy Limit Price = 0.5144 (1.00x DCAP) <-- Adjusted
- Sell Limit Price = 0.6685 (1.00x DCAP) <-- Adjusted
- = Executed Order(s)
- = Open Order(s)
- DCAP = Dollar Cost Average Protocol
- LP = Limit Protocol
Disclaimer: Leading by Example - Empowering Individual Decisions - The information shared in our posts, including order placements and adjustments, is intended for educational purposes only. We believe in leading by example and fostering a culture of openness and transparency, where individuals can learn from real-world trading experiences across various asset types, including cryptocurrencies and traditional assets.
"The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails." ~ William Arthur Ward
- Jatslo
- Site Admin
- Posts: 8806
- Joined: Mon Apr 17, 2023 10:26 pm
- Location: United States of America
- Contact:
Re: Section IV.M.2.a.xlvi: SushiSwap (SUSHI)
Jatslo wrote: #SUSHI aka $SUSHI:
Variables & Navigation:
- Buy Limit Price = 0.5662 (1.00x DCAP)
- Sell Limit Price = 0.572 (1.00x DCAP)
- Buy Limit Price = 0.5144 (1.00x DCAP)
- Sell Limit Price = 0.6685 (1.00x DCAP)
- = Executed Order(s)
- = Open Order(s)
- DCAP = Dollar Cost Average Protocol
- LP = Limit Protocol
Disclaimer: Leading by Example - Empowering Individual Decisions - The information shared in our posts, including order placements and adjustments, is intended for educational purposes only. We believe in leading by example and fostering a culture of openness and transparency, where individuals can learn from real-world trading experiences across various asset types, including cryptocurrencies and traditional assets.
"The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails." ~ William Arthur Ward
- Jatslo
- Site Admin
- Posts: 8806
- Joined: Mon Apr 17, 2023 10:26 pm
- Location: United States of America
- Contact:
Re: Section IV.M.2.a.xlvi: SushiSwap (SUSHI)
Jatslo wrote: #SUSHI aka $SUSHI:
Variables & Navigation:
- Buy Limit Price = 0.5658 (1.00x DCAP)
- Sell Limit Price = 0.5716 (1.00x DCAP)
- Buy Limit Price = 0.5144 (1.00x DCAP)
- Sell Limit Price = 0.6685 (1.00x DCAP)
- = Executed Order(s)
- = Open Order(s)
- DCAP = Dollar Cost Average Protocol
- LP = Limit Protocol
Disclaimer: Leading by Example - Empowering Individual Decisions - The information shared in our posts, including order placements and adjustments, is intended for educational purposes only. We believe in leading by example and fostering a culture of openness and transparency, where individuals can learn from real-world trading experiences across various asset types, including cryptocurrencies and traditional assets.
"The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails." ~ William Arthur Ward
- Jatslo
- Site Admin
- Posts: 8806
- Joined: Mon Apr 17, 2023 10:26 pm
- Location: United States of America
- Contact:
Re: Section IV.M.2.a.xlvi: SushiSwap (SUSHI)
Jatslo wrote: #SUSHI aka $SUSHI:
Variables & Navigation:
- Buy Limit Price = 0.5578 (1.00x DCAP)
- Sell Limit Price = 0.5663 (1.00x DCAP)
- Buy Limit Price = 0.5144 (1.00x DCAP)
- Sell Limit Price = 0.6685 (1.00x DCAP)
- = Executed Order(s)
- = Open Order(s)
- DCAP = Dollar Cost Average Protocol
- LP = Limit Protocol
Disclaimer: Leading by Example - Empowering Individual Decisions - The information shared in our posts, including order placements and adjustments, is intended for educational purposes only. We believe in leading by example and fostering a culture of openness and transparency, where individuals can learn from real-world trading experiences across various asset types, including cryptocurrencies and traditional assets.
"The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails." ~ William Arthur Ward