Slpusdt
SLPUSDT , We are forming falling wedge triangleHello guys
According to the last analysis and we formed falling wedge triangle some days ago and now in here we are forming another falling wedge triangle and as same as last it can break it and rise to the new target that shown on chart
One the prediction for mid-term target is 0.35$
Dont forget stop loss and money management
First analysis
last analysis
Good Luck
Abtin
$SLP Still Bullish?A lot of you, including me expected $SLP to have a major breakout from a consolidation but that did not happen. Instead we saw $SLP decline back to 0.08 dollars. So what happens now? are we back to bearish mode? I say No, $SLP is far from bearish and a new bullish trend is just beginning. I can safely say we are on a bullish trend for variety of reasons.
1. We broke out of a fanchart las September 30 which signals a reversal from the previous trend.
2. We have consistently made higher lows since September 21 low which means we are on a trend.
3. We had a bullish MA Cross (50 and 200) on yesterday, Oct 9.
4. Volume analysis looks very bullish. We had high volume on sharp rising prices and low volume on corrections. Basically, If the price on the move back lower doesn't fall below the previous low, and volume is diminished on the second decline, then this is usually interpreted as a bullish sign.
So there you have it. No reason to worry. This bullish sentiment on $SLP will have a long way to go, We can potentially retest all time high and may go beyond it. Immediate target still at 0136- 0.140 which is atleast 70% from its Current Market Price.
That's it. Hold your $SLPs guys, we are just beginning.
SLPUSDT is on its way up!SLP was in a downtrend since mid-July and broke slightly below the then all-time low of 0.614 only to be bought up again.
2 days ago it broke out of the yellow downward sloping trendline that was keeping rallies in check, with huge volume and price breadth.
Today it revisited the trendline, found support and is inching back upwards again. This may very well be the start of a great uptrend.
If it breaks the most recent high of 0.1039 within the next couple of days or so it is a great sign and I will be adding
SLP showing its directionBINANCE:SLPUSDT is showing signs of going to the $0.09 price level. From there, most likely it will retrace back to $0.0864 and then have an explosive run-up to $0.0953
You can simply enter long and wait for $0.0953 to take profit or you can enter long, take profit at $0.09. After that place a short trade with take profit at $0.0864 and then go long again (as the arrows suggest).
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SLP short term tradeSLP - Smooth Love Potion is used for purchasing stuff in Axie Infinity game as I know, and it looks like a quick trade is on the table.
It might follow the last pump of AXS for a 50% quick gains.
Momentum showing divergences, high volume and a volatile move might be close. Wouldn't hold on to it for long and with a close stop, it might be worth the risk.
DYOR
Peace
SLP on a non-stop downtrend?This token is indeed trash in it's essence. since it has an infinite supply of tokens and is an in-game token. as you can see on the chart there is no defensive move or support from the bulls. Bears are dominant on this token in the complete absence of bulls. it is now on it's last line of support, if it loses the support level go short and stay short.
Don't mind the R/R Item on the chart it's bugged and i couldn't remove it from the chart.
What's your opinion about SLP?