SSVUSDT Nears Channel Breakout: Bullish Move Ahead!SSVUSDT Technical analysis update
SSVUSDT has been trading within a channel for the past 115 days. The price is now moving toward the channel's resistance, signaling a potential breakout. Currently, the price is trading above the 100 EMA on the daily chart, with high volume observed in recent days. Once the channel breakout is confirmed, a strong bullish move can be expected in SSV.
Ssvnetwork
SSV target 354h time frame
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Entry: $21
TP: $35.37
SL: $16.6
RR: 3.27
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(1) Slowly climbing with the uptrend
(2) Got support twice at fib projection 0.382, also made a SL hunting ($19.82)
(3) Target for fib projection is $35.37, overlap with structural resistance
(4) Stop loss once going below $16.6
SSV target 26.54h time frame
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Entry: $19.05
TP: $26.5
SL: $16.6
RR: 3.04
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(1) Potential double bottom, expected time to reach $19.05 is Sep/E
(2) Maintain uptrend since $16.71
(3) Supports are overlapped from uptrend line and Fib retracement 0.382
(4) Need to break out the long-term downtrend since $66
(5) Stop loss once going below $16.6
SSVUSDT Corrective Wave 4 CompletedOn the daily timeframe SSV is showing that the corrective wave 4 is likely to be completely. The price has found strong support at 88.6% Fibonacci level, which has been respected multiple times.
Overall, I'd expect at least 1 more wave to the upside, completing the 5-Wave upside move. If/when our upside target will be reached, a 107% profit will be fixed!
Not to mention a superb 1:12 risk/reward setup.
Hope you enjoy it!
SSV target 69 in perp4h time frame
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SSV is retesting the robust uptrend line with a precipitous drop from $55. Usually need more consolidation or accumulation to reverse after a quick dip like this. However, SSV has been increasing on this upward slope since $11, that makes this uptrend pivotal, so the timing is an entry for left-hand side traders to gain perfect risk to reward ratio. Moreover, next entry will be around $25~$28 once current plan got liquidated, and you can have more detail about 1st amd 2nd entry on chart from my previous analysis of SSV spot.
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TP: $69
SL: $32
SSV target $2504h time frame
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SSV has been going on an uptrend since Oct 23', this climbing way is very healthy, accompanying with high volume as every pump. Also, SSV made a stop hunting to liquidate leverage on bull side. However, SSV did create a top structure after hitting $63.85, and there is a target at $24 if SSV continues to correct based on the Fibonacci projection. $24 is definitely a sweet level to buy because not only hit 200% fib, but also go into the first support zone. I also provide the 2nd sweet zone to accumulate more spot if SSV keeps correction. When it comes to bull target, we need to know that SSV is the potential leader in DVT sector, which could push its mc up to 20 billion or even higher, so I predict SSV would reach $250 at least in bull market.
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Bull target: $250~$280
SSV/USDT Anticipating Bullish Surge from Support?👀SSV Analysis💎 Paradisers, direct your attention to #SSVUSDT, which is currently showing signs of gearing up for a significant bullish move from its support zone.
💎 Our observations of #SSVNETWORK reveal a pattern of recovery after facing rejection at a strong resistance level. The formation of an ascending channel further bolsters the bullish outlook. Should the price maintain its momentum at the support level of $28.55, we anticipate an upward journey, aiming to challenge and potentially surpass the resistance at $40.87.
💎 However, as astute traders, we're always considering alternative possibilities. In the event the primary scenario doesn't materialize, we're prepared for a bullish rebound from a lower support level at $20.99. Be aware that failing to hold this level could result in a downward movement
SSV/USDT Could SSV breakout the key area ?? Or Rejected 💎 SSV has recently exhibited significant market dynamics, showing upward movement toward the Bearish OB and supply area following a successful bounce from the demand zone.
💎 If SSV manages to break out above the supply area, it could pave the way for an easier movement towards our target area.
💎 However, if SSV fails to break above the supply area, there's a possibility of it being rejected, leading to a downward movement towards the demand zone or the support trendline area to establish new momentum.
💎 The situation would worsen if SSV breaks below the demand zone or the support trendline area, as it would signal a breakdown of the bullish trend. This could trigger further downward movement, potentially extending the price decline.
SSV is ready to hit a new all time high, time to buy?SSV is really strong; the price is near the previous all-time high. This is a strong sign for the future price. We can see that the downtrend ended with the descending parallel channel. What about volume? Volume is the most important thing because we need to see interest from other investors. If we take a look at the volume indicator, we can see that the volume is record-high. Elliott Wave strong structure (1)(2)(1)(2). Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
ssv.network is a decentralized staking infrastructure that enables the distributed operation of an Ethereum validator. This is achieved by splitting a validator key between four or more non trusting node instances (‘multi-operator node’). The nodes are collectively tasked with executing the validator's duties under a consensus mechanism. In simple terms, the protocol transforms a validator key into a multisig construct governed by a consensus layer.
The unique protocol improves robustness, liveliness and fault tolerance of nodes across the Ethereum ecosystem. Distributing validator keys between node instances suggests a major leap forward comparing to existing staking schemes who fall short when it comes to. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
SSV/USDT Could SSV Bounce from the support?? Keep an eye !!💎 SSV's market activities have been particularly compelling lately. Just a week ago, SSV managed to break through a significant resistance level, and its current position hovers at what used to be resistance, now serving as support.
💎 This development is part of a retesting phase following the breakout. If this retesting leads to a rebound from the support level, SSV could be poised for further upward momentum, possibly retesting higher resistance levels.
💎 However, if SSV fails to hold this newfound support, it might signal a false breakout. This scenario could lead to a reversal in its trajectory, driving the price back down towards a critical demand area to gather new bullish momentum.
💎 In the event of this downturn, SSV would likely be perceived as having reverted to a bearish trend due to the false breakout. To reestablish a bullish outlook, SSV would need to not only recover but also consolidate above the previously breached resistance level.
💎 This recovery is essential for SSV to resume its upward journey and achieve targeted goals. Conversely, if SSV fails to hold the demand level, it could lead to further declines, potentially propelling the asset towards even lower price points.
SSV/USDT Break key level area. False or Valid ??💎 SSV has been drawing considerable attention in the market, recently achieving a breakthrough past a key resistance area. It's now undergoing a retesting phase at what was previously a resistance zone, now turned support.
💎 This retesting phase could be pivotal for SSV, as a successful completion may lead to significant upward movement, with the next milestone probability being our target in the Bearish OB area.
💎 During this crucial retesting phase, it's important for SSV to show a robust bounce from the demand area to mitigate the risk of a false breakout. If SSV fails to rebound and closes below the demand level, it could indicate a false breakout. In such a scenario, there's a likelihood of SSV reverting to a downward trend, potentially moving towards a lower demand area, or even further down back to the bullish OB area.
SSV/USDT Bullish Movement from Key Support?🚀SSV Analysis💎 Paradisers, let's focus on #SSVUSDT as it’s currently gearing up for a promising move. Poised at a critical support level, it is showing signs of a potential bullish breakout.
💎 Observing #ssv.network recent pattern, we note its adherence to a descending trendline. Currently, there’s a strong expectation for a bullish continuation from the support level at $20.75. If TSXV:SSV can maintain its momentum above this level, there's a high chance it will break through the trendline and ascend towards the major resistance at $35.05.
💎 However, as seasoned traders, we must always be prepared for alternative scenarios. If #SSV struggles to hold above the $20.75 support, we need to be ready for a different course of action. This could mean bracing for a bullish recovery from a slightly lower support level at $19.15. Yet, it's important to be cautious: a breach below this level could potentially lead to a more pronounced bearish trend. 🌴💰
🚀 SSV/USDT: Promising Breakout Potential 📈
📈 The SSV/USDT chart reveals an exciting opportunity for a breakout. The ascending pattern suggests that SSV/USDT is currently striving to surpass resistance and establish an upward trajectory. 📈
💪 I am 95% confident that a breakthrough is imminent, paving the way for an impressive rise in value. The signs are promising, and it's just a matter of time before SSV/USDT defies the odds and climbs to new heights. 💪
🔍 So, buckle up and keep a close eye on this trade! While it's important to conduct your own research (DYOR) and remember that this should not be considered financial advice, the potential for profit is definitely worth considering. 📚💰
Stay informed, stay vigilant! 👀✅
SSVUSDT Next Target $45!SSVUSDT Technical Analysis Update
SSVUSDT is breaking out of a broadening wedge pattern with high volume, and its price is trading above the 100 and 200 EMAs, suggesting a strong bullish momentum for SSV.
Buy zone : Below $21.75
Stop loss : $18.25
Take Profit 1 : $24.50
Take Profit 2 : $32.00
Take Profit 3 : $43.00
Regards
Hexa
SSV/USDT Break the Major pattern. Upward Momentum ???💎 SSV has indeed grabbed the market's focus with its breakout from a major descending channel. There's a strong likelihood that SSV will enter a retesting phase at the resistance trendline of the descending channel, which could set the stage for further upward movement.
💎 Should SSV successfully rebound off this trendline, we anticipate a significant rise, in the probability of reaching our targeted major supply zone.
💎 Conversely, if SSV fails to hold above the resistance trendline during the retest, it may indicate a false breakout, leading to a potential decline towards the lower demand area at $13.60. At this juncture, it's crucial for SSV to bounce back and attempt to breach the descending channel once more. If it fails to do so and breaks below the demand area, it could signal a bearish trend with a possible descent to the key support level.
SSV/USDT Upward Momentum ?? Need to Break the pattern to confirm💎 SSV has certainly piqued our interest as it maneuvers within a descending channel pattern. Currently positioned at the supply zone, SSV faces the critical task of breaking through this region and the adjacent resistance trendline of the short-term descending channel.
💎 Achieving this would set the stage for a continued ascent toward the more formidable resistance trendline of the broader descending channel. Successfully navigating this challenge probability could propel SSV toward its next targets: the higher supply zone and the bearish OB area.
💎 However, should SSV falter and fail to breach these strategic points, a retreat to the demand zone for a regrouping effort might be on the horizon. Here, a robust bounce is essential for reigniting upward momentum. Conversely, a more ominous scenario unfolds if SSV breaches the demand zone downward, signaling a potential journey back to a significant support area, indicative of a bearish turn.
SSV/USDT Break Alert, Bullish Momentum ?? SSV Analysis TodayYello Paradisers, Spot on!
💎 SSV has successfully broken out of its descending channel, signaling the end of its bearish trend. It's advisable to wait for a retest of the support area before entering a long position, we can entry now or as breakouts often undergo a retesting phase before resuming an upward trajectory.
💎 Prior to the breakout, SSV had been forming new lower lows and consolidating for about a month, indicating a period of accumulation. The asset then broke out with notable momentum. If SSV can successfully break through the supply at Target Price 1 (TP1), it's likely to reach Target Price 2 (TP2).
💎The bullish outlook would be invalidated if SSV's daily candle closes below the key support level.
The key is whether it can rise above 16.77-17.41Hello?
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(SSVUSDT chart)
(1D chart)
It is not easy to trade coins (tokens) that look like this.
This is because in order to trade, you must at least show an escape from a cascading decline.
Therefore, you can think about trading only when the price rises above 16.77-17.41 and appears to be maintained.
If it shows support around 13.82-14.37, it is expected to lead to an attempt to rise above 16.77-17.41.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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SSV Ready to Go For Another Bull RUN? SSV Analysis Today 💎Paradisers, focus on SSV/USDT! The asset is currently navigating above a well-defined trading range and appears poised for a possible upward breakout.
💎If this breakout unfolds as we expect, we might see another bull rally to the mentioned levels.
💎It's crucial to highlight the two verified order blocks in the shorter timeframe. These zones are probable targets for the price, given the existing liquidity.
💎Reflecting on past trends, we've seen a transition from demand to supply, resulting in a significant price drop and targeting the previous Order Block (OB).
💎In the ever-changing crypto landscape, staying vigilant and adaptable is key. Keep your charts refreshed and stay tuned for more updates!
SSVUSDT Buy Setup!SSVUSDT (1h Chart) Technical analysis
SSVUSDT (1h Chart) Currently trading at $16.35
Buy level: Above $16.25
Stop loss: Below $15
TP1: $17
TP2: $18
TP3: $19.5
TP4: $21
Max Leverage 3x
Always keep Stop loss
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#SSVUSDT Fibonacci Dance: A 60% Rise in Sight?💎 Recently, #SSVUSDT completed an ABC corrective pattern, a classic move according to the Elliott wave theory. This was followed by a break to the upside, suggesting a strong buying presence in the market.
💎 The latest price action shows a pullback on #SSVnetwork, which was halted right at the 38.2% Fibonacci support level. Alongside this, the price also approached and so far rejected the uptrend trendline.
💎 These factors significantly increase the likelihood of an uptrend continuation. In fact, we might see TSXV:SSV rise by 45% or 60%, based on the Fibonacci resistance levels.
💎 Now, for our ParadiseClub members who are keeping a keen eye on #SSV, it's important to note that for such a bullish scenario to unfold, the price must remain above the C-wave low at all costs.