SSV - Warming up for blastoff?
We seem to have completed waves 1 and 2 of the upside, and this token could get huge gains soon.
The conservative entry would require a break of previous 30.68 high.
If you´re more aggressive, you could begin building up a position now. Note that the correction could still be in progress, and we´d have lower lows below 20.
SSVUSD trade ideas
SSV Long term 105?Not financial advice....
All charts are made on current market conditions.
Mainnet is live i like this project and feel it can have a future.
Things of note:
We need a monthly close above 20.00 to go after 33-36 range.
Anything between 11-20.00 seems to be a consolidation zone .
Area of interest right now around 17.50 please follow the path i highlighted.
Right in the middle of the cloud and a retest to bottom of the cloud can be anticipated if not expected.
This is healthy overall with a hightened focus on the 11.95 holding.
This is a long term view and wont happen overnight but considering we may be at beginning phases of a bull market we must find our support and resistance areas.
Resistance-20.00
A close above that really opens up mid 30 then a potential 20 retest before heading up to the top of 50-52 range.
Practice patience.
No need to rush in see how it develops
SSV - Ending Diagonal in Play
Price action from early July is happening in 3-wave movements (green ABCs).
This is indicative of an ending diagonal, and I expect another 3 waves to the downside for wave 5.
This count is valid as long as we stay below wave 2 (21.255).
There is slight RSI bullish divergence, indicating the loss of strength in the downtrend, but I'm keeping this count as my primary for now.
The yellow box indicates the 100% to 161.8% zone that should act as resistance for wave 4.
✴️ ssv.network Moves Next (Potential Beyond 100%, Up To 180%)Can you guess that this one is ready to move next?
This pair produced a very strong wave since June 2022 and is getting ready to move again.
Why can it grow this much?
If you look at the BTC pair you can see that it is really strong. Let me tell you why.
It had a different name in the past, they crash it for years and years, change the name and start from the bottom up.
With the new name you also get a new chart, it is hard to tell about its past history...
Then it grows, grows and grows and you wonder if it will ever stop... No it won't because it already lost 99.99999% of its value and there is endless room for growth.
I am talking about the BTC pair while this is the USDT pair, but you get the point.
This one seems ready to resume growing, to move ahead.
The 100% to 180% targets are meant to be hit in the short/mid-term, so much more possible in the long-term.
Thank you for reading.
Namaste.
SSV - Wave 4 still valid
Correction is still ongoing, but the wave count hasn´t been invalidated. I don´t believe the downtrend is over, but as long as we stay above wave 1 (at 19.17), I´m keeping this count.
We would need solid bullish price action to consider a long trade. Initial barriers are the green descending trendline and resistance at 32.00.
SSV - Lesson learned
In my previous SSV post, I made an amateurish mistake: looked only at the SSV/USDT pair in Binance, which has less data, without looking at a longer term picture.
In this chart we can see clearly that a deeper pullback was the highest possibility.
Still can´t tell if Wave 4 correction is finished. We may still have some more downside to test the 50% pullback.
SSV Technical Analysis 4 hour timeframe (Merge update)A small update after the merge earlier today:
- SSV broke to the downside before the merge and right after the merge it pumped right back up, with nice volume, above the trendline and got rejected by the .382
- In my opinion we will go into a small accumulation phase where we just go sideways for some time. It would make sense if this accumulation will be between the two blue lines 14.40$ & 16.30$
I'm very bullish on this project on the mid to long term. Wathcing the developments closely.