MyCryptoParadise

SSV/USDT Break the Major pattern. Upward Momentum ???

BINANCE:SSVUSDT   SSV / TetherUS
πŸ’Ž 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.

πŸ’Ž Should SSV successfully rebound off this trendline, we anticipate a significant rise, in the probability of reaching our targeted major supply zone.

πŸ’Ž 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.
Trade closed: target reached:
Bingo! #SSV is dancing to our tune, up 39.71% just like we predicted.


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