Slpusd
SLP to ~ $0.018 Alright we have quite a few things going on here with SLP.
1) Even though there's been news of Axie reducing coin supply to stabilize price, im still seeing in increase in supply by around 500,000 coins daily. That combined with decreasing demand does not make for a bullish situation at this moment.
2) We have rallied over 300% in about two weeks in combination with the daily ichimoku cloud touch. That cloud spans roughly 140%. This means SLP will have to rally another 140% with increasing daily supply just to break the bearish cloud.
3) We were in a beautiful bull flag on the 4hourly chart but the problem with this is the price made it pretty much all the way through the apex, which generally isn't a good sign. Especially after testing very heavy levels of resistance.
4) We have potentially a inverse cup and handle forming on the lower timeframes (4hr, 1hr) that would put the price right around $0.018. This also lines up with one of the very few major support zones SLP has charted in its lifetime, which you can see with the green box. If we do not react from here it is likely to go all the way back down to the price it was before this pump.
5) The 0.018 cent level also lines up relatively well to the .618 area on the fib retracement. A wick down to the green box would suffice.
6) This is not financial advice. Trade carefully.
Is this the end for SLP or.....?Hey there.
SLP/USDT is hovering around 0.5 Fibonacci level and this triangle. With a break above resistance line, higher targets will be in sight, however, a break and close below the support line, recent gains might get completely wiped.
I rather to be predictive rather than reactive and based on that, I chose to open a long position and set a stop-loss below the support line rather than wait for a break above resistance line.
I hope you enjoyed this analysis.
What do you think about SLP/USDT? Let me know in comments section.
Cheers.
💥SLPUSDT LIKELY MOVE- TO FALL TO $0.025Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
As highlighted on this chart, slp broke the inner trendline and It’s restesting back to the breakout point.
I expect it to fall to $0.025 as the first target before we know the next possible scenario.
What do you think?
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SLP/USDTTarget coming . 15% profit for u . ...........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
SLPUSDT, This kind of movement can be happen after 400% profitHello everybody
According to the chart and previous analysis, the price done our TP and our VIP Membership took 400% Profit and now we think this kind of route can be happen for the price because the price should have some recovery and correction of this heavy and powerful upwards wave.
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An attractive idea (update)This analysis is purely a personal analysis.
Due to the expectation of a sharp fall for this currency, we are now facing a strong uptrend Which can be the beginning of a long-term uptrend or a short-term corrective trend....
But what is observed is the strength of the trend and shows that it is continuous
What is the reason for the growth price SLP and where to sell itIn the last week, SLP holders like us and not only us are very happy with the price growth.
The value of SLPUSDT is growing daily +40-70% and is already beginning to move into the euphoric stage. Although before that the value of SmallLovePotion token has been falling steadily for a little over 6 months and this unsuccessful investment has already been buried in the minds of many.
So, without emotions, let's try to determine the reason for the current growth and where to say goodbye to your SLP.
What triggered such a price jump in SLP, we don't know, as well as where it may end. So, everything that will be written below is a mixture of facts and our assumptions:
1. On 27. 01 .22 the developers of Axie Infinity released a control token, Ronin, for their robot battle game Sky Mavis.
But in a tweet they were just bombarded with messages like: You guys are great to release something new, but maybe somehow support SLP from such a steady depreciation.
Ron is now trading at around $3. In our previous SLPUSDT ideas, tradingview users wrote in the comments that they are trying to farm Ron while SLP is in drawdown.
2. SLP issuance has not been limited yet, there is no upper limit further, and as of 10/02/222 they are just over 4bn in circulation.
3. The trading volumes are now 8-10 times higher than they were 2-3 weeks ago, and most likely these volumes are doing up by bots set up for pamp. For the reason that growth doesn't allow deep corrections and opportunity to buy cheaper, hinting: buy now, because later it will be more expensive. But it's a very dangerous thing, especially with margin leverage , because we've all seen how the SLPUSD price can and can fall.
4. The first strong mirror level is around $0.06. That's probably where the first real fight between buyers and sellers will start, as they'll were bogged in SLP a lot of time ago and want to sell it off at zero or at least at a minimal loss.
5. We are also SLP investors, we wrote earlier about our not so successful investment, but it was for a small part of the trading depot, and we know how to wait for the pumping)
Frankly speaking, we do not want to sell our SLP earlier than $0.34-0.35 , but will be the price there, we will know soon.
- If the SLPUSDT price will end up in the range of $0.06-0.09 its market capitalization will be in the top 200, it is not serious, don't you agree.
- If it will succeed to rise up to $0.34-0.35 , token capitalization will be in the top 100.
- If this growth passes the mark of +1400% from the bottom and stops at $1.20 , the capitalization will be in the top 50 and will find +/- in the vicinity of the main token AXS capitalization.
- The maximum that fantasy now allows you to think about is around $2 per SLP , and the capitalization will probably not last long there, but still be able to pop into the top 20.
Please write in the comments your thoughts on what is connected with the growth of SLP price and where its top bar is possible.
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💥SLP - TO PUMP BY 60% TO 70% TO $0.05Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
SLPUSD BUY POSITION
Buy within - $0.0285 - $0.0335
Stop loss - $0.0260
Take profit 1 - $0.047 (60% ROI)
Take profit 2 - $0.05 (70% ROI)
Risk - 10%
⚡️Use proper risk management
Right here is my idea on slpusdt. I expect a pullback to $0.0290 before another leg up to $0.05.
The Best Buy zone is before the resistance breakout which is between $0.0285 and $0.0335.
What do you think?
Share your opinion in the comment section✍️
Follow me to receive more updates on SMOOTH LOVE POTION (SLPUSDT) 🤗
Happy Trading💰🥳🤗
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.
💥SLP 30% GAINED FROM MY CALL 💸💸Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
Here is the analysis I posted yesterday👇
Slp chart danced to my tune. Price moved by 30% from $0.0128 to $0.0167.
What do you think will happen next?
Share your opinion in the comment section✍️
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💥SLP CHANNEL BREAKOUT- TARGET @ $0.017Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
This is a short term signal. Slp broke out from the descending channel. The next available resistance zone is $0.017.
If price should break this resistance zone upward, the next target will be $0.02. But if it doesn’t break the resistance at $0.017, we may have a pullback
What do you think?
Share your opinion in the comment section✍️
Follow me to receive more updates on SMOOTH LOVE POTION (SLPUSDT ) 🤗
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Trading Signal For SLPUSDTTrading Signal:
There is a Trading Signal to Buy in SLPUSDT Smooth Love Potion
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 0.010
⭕️SL: Close bellow 0.008
🔵TP1 @ 0.017
🔵TP2 @ 0.0249
🔵TP3 @ 0.0350
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