Here's a quick look at SLP 6 hr chart. As we can see, the price has printed a bigger falling wedge and we could see a bigger move soon! Definitely one to keep an eye on. The best entry would be, when the price breaks above the falling wedge with good amount of volume .
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The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:
1. 0.244$
2. 0.267$
3. 0.293$
4. 0.317$
- Profits can also be taken in the resistance zone .
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!