SLP Pump? After Season20 announced
One of hardest crypto to do Technical Analysis is SLP. Due to millions of token mined everyday due to its games.
But yesterday announcement makes this coin pump. Less SLP to be mined, no more rewards in Adventure.
axie.substack.com/p/upcoming-season-20-and-economic-balancing
Now based on Technical Analysis and previous TA, the bottom of this is .010 which is reached. There is a valid bullish Divergence.
There is a break of structure in Higher High which signifies a Bullish Trend in Smart Money Trading.
Lets see how long will it pump and is this a valid retracement going on. Im bullish now on this coin.
But yesterday announcement makes this coin pump. Less SLP to be mined, no more rewards in Adventure.
axie.substack.com/p/upcoming-season-20-and-economic-balancing
Now based on Technical Analysis and previous TA, the bottom of this is .010 which is reached. There is a valid bullish Divergence.
There is a break of structure in Higher High which signifies a Bullish Trend in Smart Money Trading.
Lets see how long will it pump and is this a valid retracement going on. Im bullish now on this coin.
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.