SLP is going up to the moonlook at the potential of Smooth love potion, it hasn't touched the top trend, it will be literally the biggest pump in this year. the advantage is so high.
I don't put all of my reasons on the chart anymore. but I can tell this for sure and I bet my life on it. it is time to long this and over time very soon, by soon I mean really soon it will pump. I'll tell you one reason why it is good time now:
look at the two major volume exchange for SLP
Binance and OKx perpetual
you'll find out ;).
Slplong
SLP will follow the trendBINANCE:SLPUSDT
SLP will follow the trend and here is local targets for this meme coin
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Possible Targets and explanation idea
➡️Around 270 since drop in February (Fib is relevant)
➡️179 Days in accumulation area with retest -0.618 lvl
➡️Accumulation during all this period by whales. Direction indicator under chart with green accumulation zones
➡️No signal to sell on D1 timeframe on Direction indicator
➡️Possible dash line is trend for correction minimum to 0.38 lvl by fib. Target for next few months
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SLP CAN GO UPPERHello, dear traders. how are you ? Today we have a setup to buy/long the LIT symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SLP may rally up to 570%After a swing failure pattern, SLP went into an 8 month long corrective wave pattern as you can see in the above given chart which ended with a 4x rally last month.
1) A daily close above 0.0195 can give you an entry.
2) A daily close below 0.01733 can get you out.
3) Stochastic has crossed up.
4) Accumulation and/or contraction zone is about reach a break point (based on volume)
5) Very high 24hr trading volume (see on CMC)
Targets can be seen as 0.618 the green box and further extension levels.
Trade Safe!
DYOR this is not a financial advice.
SLP 4H Analysis🟢 SLP is trying to break the descending trend line. If SLP is able to break above $0.02 and Close above EMA 200 then It will move towards the upper resistance of $0.0225-$0.023 area. The support level remains the same. Wait for a breakout or rejection before opening a new trade. Use proper stop in all your trades.
⚠ This Analysis Will be Updated.
✍ Analyzed by Amirhossein
📆0.3.05.2022
SlpUsdt | Slp | UpdateIn my last idea, i shared that dont invest in slp, Many showed hate and said I am wrong. Actually they want newbies to buy slp so its demand get rise and they get profit, while newbies have nothing than loss. I have shown with example in past. If you say is true, give me any proof.
SLPUSDT- A good opportunity for bullsTwo days ago, Slp has broken above 0.08 resistance and spiked to 0.14 zone.
Now the coin is in a correction and is confirming this break.
A new leg up could follow from this point and we can see it traded around 0.15
I consider this drop a good opportunity to build up longs and I will remain bullish as long as the price stays above recent higher low
MA Clutch upLast time all 4 MA lines clutched up. It made a massive pump over 200% in 11 days.
The same thing is happening right now. Target is 200% later, arround the red zone. Where the actual resistance lies.
Remember this is a wait game, not a race game. You need discipline to make these gains. It can happen any moment today or a month later.
Not financial advice. DYOR
Smooth Love Potion (SLP) - potential reversal swing tradeSmooth love potion has been in a 6 week decline, but volumes in the past week have begun to increase with investors paying attention to it, which is the first sign of potential swing trade. Now looking for further signs of confirmation
Positives:
It appears to have found a local demand level around 0.06, has bottomed on this zone a few times
Price trend has been broken and is holding stronger than previous breaks
MACD momentum is shifting in positive direction on D
RSI is attempting to break above trend, plus making a promising higher low. Also signalling a possible trend above the RSI 50 once again
Good volumes at possible bottom
Negatives:
OBV is still a red flag - I don't like to trade against OBV as it is a clear sign of investor confidence, but this could shift rapidly on the 4hr
Super bearish, can continue to trade lower and lower
Highly volatile, high risk high reward
I will looking for a strong close above the last swing high on the 4hr as marked on the chart, then looking for buy setups on lower time frames on retest
There is not much in the way of resistance for SLP, key levels I see are marked on the chart. But it could run quickly once it gets away
Highly volatile so trade this one safely. I will be providing updates on lower time frames to watch for health of any possible breakout