Slpusdt
SLPUSDT Double Bottom Bullish ReversalHI All I'm New Here & This Is My First Analyze and Try To Learn Chart
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OH no, SLP again...Will SLP move with the rest of the market, only Good knows... We can see a symmetrical triangle formed, and SLP got above 200sma on 1hr chart which is the first bullish sign... I don't have to say that this is BTC dependent? Set alarms... Good luck traders
SLP close to Fibonacci support 🚀Based on the chart, the price is close to important support area and trend line ✔️
if
the price stay above the support area here and do not break the trend line to the downside, we will see more gain 🚀
Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
SLPIn pervious post it gained about 300% ,
Now it s forming falling wedge like a bull flag ,
Must hold daily close orange line(SL),
Not financial advice.
SLPUSDTNothing in H&S formation, but I'll probably wait for the retest of the desending channel . And will long only if 0.022 level closed upside.
Heavy ResistanceHello, currently SLP is going downtrend. We can see how it react strongly on the 200 ema which is exactly at the supply zone on this 4H chart. Honestly I think it will drop to at least 0.012 and filling all the orders on the demand zone before going uptrend. Entry point: 0.009 - 0.012.
SLP possible routeIf btc holds. Slp will get back on track. Heavy resistance area around 0.06. Normally you would have the abc correction. But if volume pumps in. I expect after 0.075 it’s going to fly towards 0.13 and above.
💥SLP - Target at $0.0141 still validPlease support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
This right here is a descending channel with two marked areas of support and resistance.
Price is rising towards the upper trendline. If it reverse at this trendline, price will fall to $0.041.
If it break upward from the channel, then this idea is invalid.
What do you think?
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Smooth Love Potion Support Found? Recovery Possible!Remember my last trade idea for this pair?
I mentioned that after the first wave comes a retrace and then a new wave.
See it here:
Now, the second wave can be over and prices start to move up.
We have high volume today and the MACD remains strong...
It is still tricky though, as this can easily reverse to test new support before prices going up.
Here I am keeping it simple...
You can find the potential bullish path on the chart.
Namaste.
Axie Infinity AXS/USDT : Recovery expected towards 119,00Axie Infinity AXS /USDT : Recovery expected towards 119.00
Axie Infinity is a blockchain-based trading and battling game that is partially owned and operated by its players.
The Axie Infinity ( AXS ) token is an ERC-20 token launched on the Ethereum blockchain. As a result, it is secured by Ethereum’s proof-of-work (POW) consensus mechanism.
Context
AXS /USDT has been listed in the middle of the last year, so the historical data are not really mature for a deep target projection. However Focusing on Daily and 3H basis we can already highlight key technical elements to understand the actual picture
For now the initial raise can be describe in 3 wave up move (Corrective - A/) or 5 wave up move (Impulsive I/) - depend if you switch the scale between lin or log, on my side i would be more confortable with an impulsive move at this stage. So once that it said and as i described on the chart, the following move (down leg) has been done in 3 wave down (A-B-C corresponding to a logic corrective move in wave B/ if we are in ascending range towards 195.00 and more if we are in a impulsive long-term trend - it what we are calling a ''common part'' between to different scenario)
So the configuration is quiet nice because the wave A = Wave C and the market bounced off 50/61,8 retracement which are standard to respect a proportion for this kind of Harmonic / elliot wave pattern, the determinism of the behavior behind the scene is strong a significant rise is clearly more likely.
Tactical view (1 to 3 weeks)
As you can see for now the RSI and the 55/89 EMA didn't provide a bullish pre-signal, only the 21EMA is acting as support, and we have a small ''evening star doji'' capping the recovery. Those elements can call for a last down leg towards the strategic support but for now the construction of the recovery is more impulsive than corrective so those element for now stay weak within the long-term determinism on going.
As long as 49,70 remains key tactical support ( Pivot ) a direct rise is more likely towards 81,60 before 119,00
else penetrating 49,70 a test of 35,50 Strategic key support ( Pivot ) will occur before any bullish tentative
Also i recommand to have a look on SLP /USDT which is also a native ERC20 coin connect to Axie ecosystem, - i will soon published something on it
Enjoy !
slpusdtIn the lower time frame, the senses should be formed to this pattern
Loss of support can bring prices down
SLP close to Fibonacci support 🚀Based on the chart, the price has started to gain from the green trend line and breaks the red trend line to the upside ✔️✔️
and now
we can see gain from here or after the retest of the support area 🚀
if
the price breaks the resistance area to the upside, we can see more gain 🚀
Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
YOYO - from the traders perspectiveYOYO - IDK how fundamentals are holding. This coin could be delisted in upcoming months. But from a traders perspective. RSI oversold 1D, ATL BTC pair.
RED color: Support line, ORANGE color: resistance,
GREEN color are goals: 40 satish and 60 later. cold go to 100.
I wouldn't hold this for a LONG.
SLP, another bullish pattern and signalsas expected, SLP did not break and dump to 0.017$ and move similar now to other coins.
We have a bullish divergence
MACD shows a crossover below and change to bullish from red histogram
FALLING Wedge and breakout in the resistance area
Please DYOR and use this as a guide only
💥SLP LIKELY MOVE - RISE TO $0.0195 & FALL TO $0.014Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
As I said in my last post on SLP, the target set at $0.018 has been hit. It needs to retest before continuing the bearish move.
As highlighted on this chart, price has been breaking support/demand zones. Followed by a pullback and a bearish move.
Therefore, I expect a retest to the breakout point at $0.0195 - $0.020, then a bearish move to $0.014.
But if price hit the pullback region and it does not reverse, we may see price above $0.02.
What do you think?
Share your opinion in the comment section✍️
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SLP (Smooth Love Potion)I believe the triangle will breakout to the downside.
A nice "In/Out" short position
SLP - ABC MOVEAccording to ratio analysis this could be the case
NO FINANCIAL ADVICE
Just a textbook ABC move
SLP 4HIt needs to break the 2 cent resistance to start the uptrend ....
SUPPORT 1 - 0.0170
SUPPORT 2 0.0107
💥SLP - TO RISE TO 0.0227 OR FALL TO 0.018Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
The answer slp gave to the question i asked in the last idea is NO
Instead of a bullish break out of the pennant, we had a bearish breakout.
With this breakout, slp is totally bearish right now.
The next target is $0.018.
It can also rise to $0.0227 for a retest.
What do you think?
Share your opinion in the comment section✍️
You can also demand for analysis of your preferred coin
Follow me stay updated about this coin and more helpful projects like this🎁
Happy Trading💰🥳🤗
