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SSV / TetherUS PERPETUAL CONTRACT

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SSVUSDT.P trade ideas

#SSVUSDT (Watchlist) 8-2023Blox was rebranded to SSV Network. 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. Add to Watchlist Note: This isn't financial advice, but an analysis of coin movement (not a buy or sell signal). Before following any ideas, do your own research and practice good risk management. You can't impose your opinion or force it to happen in the cryptocurrency market. So, be prepared for any outcome. Remember, the cryptocurrency market is highly volatile and involves both gains and losses. Understand the risks before investing. Good luck to everyone, and we hope that Allah reconciles and repays us all. 🙏
Long
by HamadaMark
1
#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.
Long
by MyCryptoParadise