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Based on fib extension, Volume profile and Theory of Accumulation and Distribution. It's a good time to buy and hold for high targets.
Also, watch the devs as they may tune the burning mechanism for SLP and stop the selling pressure, I'm personally expecting this
Good luck and manage your risk
Disclaimer: This is just my idea. Am not liable for the end results if adopted by anyone.
SLP Burned/Minted Chart axieworld.com/en/economics/c...
I believe if it will be a down move it will be much smaller than the upside. So the reward is much higher.
Check my previous SLP TA, it is still valid
Based on fib extension, Volume profile and Theory of Accumulation and Distribution. It's a good time to buy and hold for high targets.
Also, watch the devs as they may tune the burning mechanism for SLP and stop the selling pressure, I'm personally expecting this
Good luck and manage your risk
Disclaimer: This is just my idea. Am not liable for the end results if adopted by anyone.
SLP Burned/Minted Chart axieworld.com/en/economics/c...
I believe if it will be a down move it will be much smaller than the upside. So the reward is much higher.
Check my previous SLP TA, it is still valid

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I'm buying the dipDisclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.