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SLP / TetherUS

SLP Update

By elexicius
Updated
We've expected the dip to 0.0165 and lower than that. Hidden bearish divergence appearing at 1H TF. We might dip more to below 0.0152 or possibly lower. From there it is a possible bounce play to go back to 0.0165. If we break the RSI resistance levels we will most likely retest the resistance of the falling wedge pattern which is around 0.0172.
Note
looks like a whale just retested the resistance at 0.0172
Chart PatternsHidden Bearish RSI DivergencenoobanalysisOscillatorsSLPslpusdtTrend Analysis
elexicius

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