4h time frame - Entry: $19.05 TP: $26.5 SL: $16.6 RR: 3.04 - (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
4h time frame - 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...
4h time frame - 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....
Observing the market over a two-year span reveals a compelling metamorphosis from supply to demand zones, reflecting a captivating evolution in SSVUSDT dynamics. The consistent respect for the demand zone serves as a testament to the robustness of the trend, showcasing an overall acceleration in the SSVUSDT uptrend. Anticipating the future trajectory, my outlook...