SSVUSDT trade ideas
SSV Holds Key Support: Bullish Reversal on the Horizon?TSXV:SSV is holding above a key horizontal support zone, hinting at a potential bullish reversal if this level remains intact.
Support: Strong demand zone acting as a base, preventing further downside.
Breakout Watch: A bounce here could trigger a breakout above the descending trendline, targeting the $25–$30 region.
RSI: Currently in the oversold zone, signaling weakening selling pressure and a possible reversal.
Look for bullish confirmation around support. A bounce may signal an upward trend, while a breakdown could lead to lower levels.
#SSV #Crypto
SSV/USDTKey Level Zone : 24.50-24.80
HMT v3.0 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity.
HMT (High Momentum Trending):
HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards.
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HMT v2.0:
- Major update to the Momentum indicator
- Reduced false signals from inaccurate momentum detection
- New screener with improved accuracy and fewer signals
HMT v3.0:
- Added liquidity factor to enhance trend continuation
- Improved potential for momentum-based plays
- Increased winning probability by reducing entries during peaks
SSV USDT longA long scalp trade on SSV/USDT could be favorable if the price holds above key support levels and shows increasing buying pressure on lower timeframes. Look for a breakout above immediate resistance with strong volume confirmation to target quick gains while maintaining tight stop-losses to manage risk.
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.
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 looks bullish (4H)It looks like we had a big ABC (zigzag) now that wave C which had 5 waves is over.
SSV can move towards the specified targets on the chart while maintaining the green range.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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