Long

$SLP/USDT 5D (#BinanceSpot) Falling curved channel near breakout

Updated

Smooth Love Potion may have hit rock bottom down there, time for mad reversal is coming!

Risk/Reward= 1:2 | 1:4.38 | 1:8.63
Expected Profit= +48.78% | +106.715% | +210.19%
Possible Loss= -24.35%

Fib. Retracement= 0.117 | 0.236 |0.382
Margin Leverage= 1x
Estimated Gain-time= 7 months

Tags: #SLPUSDT #SmallLovePotion #NFT #Metaverse #P2E #Gaming #Axie #Ronin #BSC

Website: axieinfinity.com

Contract:
#ERC20 0xCC8Fa225D80b9c7D42F96e9570156c65D6cAAa25
#BEP20 0x070a08BeEF8d36734dD67A491202fF35a6A16d97

Trade closed: target reached

TP1 was reached with +36.05% and +2R

Smooth Love Potion instantly bounced and broke bullish with up to +52.32% from entry, what a timing!
Now pulling back to the curve, will probably resume the mid-term recovery after, let's be very patient.

Trade closed: target reached

TP2 reached with +92.82% and +4.38R

Smooth Love Potion pumped big time, so glad we did not miss that insane move-up after such a downtrend!
Last target won't be easy but anything is possible with that token, SL adjusted below entry (0.00720) in any case.

Trade closed: target reached

TP3 reached with +205.65% and +8.63R

SmoothLovePotion made it to last target, insane accuracy on that bottom catch 👌🏼
RSI is entering overbought territory, trade is fully closed now, that's a wrap!

Trade active

1st entry filled

SmoothLovePotion retraced all the way down to the TL / demand zone in 3 months, that's unbelievable!
Seems like entry was never hit for KuCoin users, so here it is for another round with tight SL (0.00720)

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