SSV is ready to hit a new all time high, time to buy?

2024年1月7日

SSV is really strong; the price is near the previous all-time high. This is a strong sign for the future price. We can see that the downtrend ended with the descending parallel channel. What about volume? Volume is the most important thing because we need to see interest from other investors. If we take a look at the volume indicator, we can see that the volume is record-high. Elliott Wave strong structure (1)(2)(1)(2). Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!

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.

The unique protocol improves robustness, liveliness and fault tolerance of nodes across the Ethereum ecosystem. Distributing validator keys between node instances suggests a major leap forward comparing to existing staking schemes who fall short when it comes to. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!

2024年1月16日

註釋

SSV looks good and is in the parabolic uptrend, I do not see anything bearish, so keep holding!

2024年1月19日

註釋

SSV, bullish. The next support is the red trendline if the price decides to go down.

2024年1月30日

註釋

Add to the position on SSV. Strong coin.

2024年2月14日

註釋

SSV update: The main trendline is holding and we have a bullish flag!