Slpusdt
0.001 to 0.002 by July -Over inflation and losing DAU every weekSee by the graph we are approaching 0.001 to 0.002 by July.
Player numbers are down to 580k and losing around half a million per month or approx 100k per week.
There is no money to earn playing the game so it is just for fun now.
Inflation is 20:1 on SLP token which is approx minting 30M to 3M which is 10 to 1 ratio. That ratio of inflation is unsustainable in any system.
The game was profitable at the start but not it relies on new players to join to prevent it going down and also needs to control inflation at over 10 to 1 which is impossible and there is no solution.
On top of that the Ronin bridge will open and the treasury might be emptied out with withdrawals after the $600M hack but we will need to see more later.
DYOR
SLPUSDT has got rejected from a major support zone 0.00400
SLPUSDT has got rejected from a major support zone at 0.00400. The price has been moving down for a long time but as we see it was able to break the bearish trend line. On the lower time frame we can see that the price has formed a triangle and it has already got out of the triangle. We can expect that the price continues to go higher to 0.00825
💎 SLPUSDT
🔵 Entry zone 0.00575 -0.00673
🟢 TP1 0.00825
🟢 TP2 0.01165
🟢 TP3 0.01555
🔴 SL 0.00390
Good Luck 🎲
Slp 0.0026 or 0.0500Everyone bought SLP 0.06XX OR 0.03XX range area. People are desperate and hopeless. There is no real technical analysis for this token. Because there is no solid evidence for trend.
THERE 2 WAY OUT.
1- IF AXIE GUYS HAS A PLAN, SLP WOULD JUMP, I BET THEY HAVE CAUSE THEY LOOK SMART.
2- IF AXIE GUYS CONTINUE TO THINK ABOUT HELP THE WORLD RATHER THAN THEIR TOKEN, SLP GO TO HELL.
-THE PRICE WOULD GO
- 0.0026
OR
- 0.0500
NOTHING MORE AS A PROFESSIONAL.
Potion Potential- SLP/USDTSLP/USDT
🟢entry: $0.01667- $0.01629
❌stoploss: $0.01449
🎯tp1: $0.02249- $0.02313
🎯tp2: $0.02767-$ 0.02606
🔼potential %profit: +36.0%
🔽potential %loss: -12.18%
r/r: 2.98
Hi Everyone,
🧪as the market shows strength and rallies, i am looking for coins that have not yet broken out into growth, in an effort to set-up a low-risk/high-reward trade with a clear vision.
🧪SLP is still in a pattern of consolidation/compression; while other coins have broken out of their current range with both volume and momentum, SLP is delayed in this process.
🧪keeping in mind the ever-present uncertainty of trading, situations like this allow me to take a little peek into the future. i expect SLP to behave similar to many other markets that have exploded the past few days (take a look at TRX, for example). however, SLP hasn’t made it’s move yet, which presents an excellent trade opportunity.
🧪with the vision of an inverse head & shoulders pattern, i am entering a long as follows:
🧬buy orders where i expect the formation on a brief “right shoulder”, in the range of 0.01667- 0.01629.
🧬stop-loss below the low of the “head”, with a little extra breathing room, at 0.01449.
🧬first take profit at the 0.5 fib of the last large impulse move.
🧬second take profit near the high of the last large impulse move.
🧪check back for updates as the position progresses.
🧪feedback and constructive criticism is always appreciated.
✌️all good luck and always practice strict risk management!
SLP SLP SLP SLPbuy long!!!
wait for the price to accumulate at the bounce area.
patience is the key, dont position and stop chasing the market
let the market chase you.
Description already at the picture.
Butterfly pattern
slp making new all time low
and by June or this May, Price of slp will go up no fcklng lies
Market structure already telling where the price will go.
Always use stop loss and small leverage
Margin must be okay for you to risk, Risk management is a must.
Harmonic Pattern in SLP + Orderblock @ 0.10$As you can see we have a valid harmonic pattern point X, A B C in SLP and probably will make point D to 0.10$ Once hit to this area, it will have a reversal and bullish scenario on the next move.
Fib also shows this retracement.
We see also an order block on this area which shows a demand area as of now.
Please do your own TA and research and make this chart as a guide only
SLP butterfly pattern can drop price more#SLP/USDT
$SLP broke down from support zone and need to confirm it as support, also it shaped butterfly pattern.
🐻 price can drop more to support zone between $0.011 and $0.009.
🐻🐻 break down from support zone can drop price more to $0.003 to complete Butterfly pattern.
🐮 holding the support zone of $0.009 and break out from resistance zone around $0.018 will invalid the butterfly pattern.