Here we have SEIUSDT with a classic ABC correction after a 5 up-wave pattern (bullish impulse). After the ABC a new bullish impulse will develop which means five up-waves.
This is very interesting because we are looking at a bottom catch.
SEIUSDT bottomed in February 2025 as a technical double bottom, vs the August 2024 low, and a higher low, vs the October 2023 low.
This is all good but why is this important?
Once we hit bottom, there is no place left to go but upwards.
SEIUSDT just hit bottom and this bottom is very likely to be followed by the strongest bullish wave ever for this project because this is a new project.
The target on the chart is mildly strong but I still feel that I am being conservative here. Since this pair wasn't around in 2021, we don't know its potential for 2025. The only bullish wave we have is that one from late 2023 through early 2024.
So we have 984% potential being conservative, but the truth is that SEIUSDT is likely to peak much higher by the time the bull-market ends. It will be wild. It will be amazing.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.