slp looking good down to finally break the down trend and make a big move
In my previous SLP analysis, I said that there is a high probability of a higher low in place at 0.015 and after a spike to 0.025 the coin started to consolidate above 0.02. I'm bullish as long as the price is above 0.015 and a buy at this moment could have a 1:3 risk: reward if we target 0.045 previous high. However, a return of optimism in the crypto market...
After a swing failure pattern, SLP went into an 8 month long corrective wave pattern as you can see in the above given chart which ended with a 4x rally last month. 1) A daily close above 0.0195 can give you an entry. 2) A daily close below 0.01733 can get you out. 3) Stochastic has crossed up. 4) Accumulation and/or contraction zone is about reach a break point...
Since its listing, SLP has traded mostly in one direction: down. However, now the coin seems to have found a bottom at 0.001 and a leg up followed (400%) At this moment a higher low can form that can lead to a new leg up, The next important resistance is at 0.06 and this could mean a 300% rise If you choose to buy this coin you should be aware of its volatility...
this is my slp price prediction H1 time frame i am bullish in this crypto
Nothing in H&S formation, but I'll probably wait for the retest of the desending channel . And will long only if 0.022 level closed upside.
white moving avg holding pretty well here - good potential for upside, also we can see broken channel trendline of descending channel, retracenemt after 300% almost hit 0,786 level.... i am for upside here THIS IS NOT A FINANCIAL ADVICE I AM POSTING IT JUST FOR EDUCATIONAL PURPOSES
This technical analysis is still valid. We will be expecting the slp will hit around .0179 $ :D
This is my TA about slp. I think it will hit around .00179. Thats the best time to buy. Have luck guys :D
n Having a strategy even for high-risk tokens Wait and enter the appropriate technical points And having a small stop
This analysis is an update of the previous analysis What we expect is being done step by step, and we are examining this risky but attractive currency
#SLP 🔥Short-term forecast! ▪️Declining volumes, I think it will fall even lower, not financial advice. 💬Feedback: @maxmmtrade Subscribe to the channel! Predictions every day!
In my last idea, i shared that dont invest in slp, Many showed hate and said I am wrong. Actually they want newbies to buy slp so its demand get rise and they get profit, while newbies have nothing than loss. I have shown with example in past. If you say is true, give me any proof.
75% up till last From my analysis as discussed out there. Now put trailing stop-loss or out completely from trade. And wait for solid entry back at 0.028 level and 0.23 fib level.
Dont go after SLPUSDT, This is a shit coin and can make you big loss, this just a scam.
SLP with the current hike of price Hit the 0.23 fib level. Now wait for the 0.23 fib level to break properly than more fibs level to come. Dont invest of those which you can't afford. Now waiting for the Fib level it it crosses. Otherwise it's will accumulate in down trend.
Smooth Love Potion (SLP) tokens are earned by playing the Axie Infinity game. This digital asset serves as a replacement for experience points.
Are you ready for the uptrend? The most important and last support 0.01