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Slpusdt

$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.
Long
by SeerSignals
8
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
Long
by geraldelli
1
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). ⚠️ Let me know your feedback and comments below! ⚠️ Follow me if you would like to see more analysis like this
Long
by Ganbu
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?
by Mr-Karimi-ir
9
Smooth Love Potion (SLP) - health report on the 4HA few days ago I posted about an SLP swing trade, yesterday we saw SLP make a breakout. Time for a health report on the 4H. Positives: OBV is above key level and trending positively OBV Bullish divergence in the last 24hrs RSI hidden Bullish divergence signaling a continuation of up RSI on trend and resetting above 50 Price is retesting and resetting on last swing high before breakout on the 4H, very healthy sign if it holds at the close of this candle Might still be an opportunity to enter this trade on successful retest. Look for buy setups on lower time frames Obviously want to get in as close to that swing high level as possible, and set a tight stop loss. BTC is at resistance, and market could take a down turn. Hard to tell how SLP will react (particularly with SHIB stealing some attention) Looking long, feeling good so far
Long
by jamoooo
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
Long
by jamoooo
SLP COIN MAY PRODUCE A RALLY IN OCTOBERHI, I hope you guys are doing good. SLP COIN has corrected almost 100%. I see this coin has a lot of cover to the upside to fill that imbalances on the charts. I see a rally in SLP in October or late November. I'm accumulating this coin because it has potential of hit back into $0.22. Mind you these coins are not for heavy buys but if it breaks out of that break I showed in the chart we can see at least 300-400% rally from this coin. Keep an eye on SLP AND AXS. All the best
Long
by waqaspnl
4