Smalllovepotion
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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Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
$SLP/ETH 3D (Binance) Descending parabolic curve on supportSmooth Love Potion is down-trending hard but is approaching strong demand zone and seems to be near reversal!
Risk/Reward= 1:2| 1:3.67 | 1:5.2
Expected Profit= +96.27% | +177.10% | +250.70%
Possible Loss= -48.25%
Fib. Retracement= 0.236 | 0.382 | 0.5
Estimated Gain-time= 5 months
Current Price:
0.00003443
Entry Zone:
0.00003031 - 0.00002279
Take-Profit Targets:
1) 0.00005211
2) 0.00007357
3) 0.00009311
Stop Targets:
1) 0.00001374
want quick profits?If you're here it probably means you do just like me.
So here's what I've dug out,
first look at the volume at the bottom of the chart
Second the chart seems to indicate that a REALLY insane pump will take place right around the corner if it successfully holds the current trend for 3-4 days.
thirdly, the chart simply looks like a giga double bottom forming.
and lastly, there's the Fib 4.236 looking primed up for a price increase.
**DYOR** This chart is only one data point and my personal forecast based on what I see, don't make an investment based only on this chart.
Small Love Potiont R:R2.75Hey everyone,
since previous SLP trade failed and Stop Loss got triggered I was waiting for new opportunity and there it could be.
Possible 70% in next week with R:R 2.75
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
KEYWORDS
AXS , Axies, Axie infinity, SLP , Small Love Potiont, SmallLovePotiont, R:R, money management, risk, reward, technique, style, trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis
Small Love Potiont R:R2Hey everyone,
Its been a while since I posted some opportunities and its been because of lack of time (Hollidays, Friends weding etc.) I also reduced my trading time globaly as I´m more focused then before on mid/long term mooves. But I found one asset worth to take a look at with current trading setup on short/mid term with R:R2 on 50% or even more
DYOR 4 more info (By the way ... Its actually a funny game I made a solid profit on by playing this "card" game, breeding the axies and giving scholarships past weeks)
axieinfinity.com
ChaChain
-------------
Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
KEYWORDS
AXS, Axies, Axie infinity, SLP, Small Love Potiont, SmallLovePotiont, R:R, money management, risk, reward, technique, style, trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis
🆓Small Love Potion (SLP) July-24 #SLP $SLPSLP is still pretty strong and if it doesn't lose the $0.3 zone it will continue to rise strongly to the $0.5 zone in just a few more days. If it loses the $0.3 zone, it will correct to the $0.25 or even $0.2 zone
📈BUY
🔴Buy : 0.293-0.307$. SL if B
📉SELL
🔴Sell : 0.488-0.512$. SL if A
♻️BACK-UP
🔵Sell : 0.293-0.307$ if B. SL if A
🔵Buy : 0.244-0.256$ if A. SL if B
🔵Buy : 0.195-0.205$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
🆓Small Love Potion (SLP) June-13 #SLP $SLP$0.12 zone is an important support zone for SLP as it has helped SLP to increase price many times this June. If this zone holds, it will rise again to the $0.15 and $0.20 zones this June. But if SLP loses this $0.12 zone, it will fall sharply to $0.10 or even $0.08
📈BUY
🔴Buy : 0.117-0.123$. SL if B
🔴Buy : 0.146-0.154$ if A. SL if B
📉SELL
🔴Sell : 0.146-0.154$. SL if B
🔴Sell : 0.195-0.205$. SL if B
♻️BACK-UP
🔵Sell : 0.117-0.123$ if B. SL if A
🔵Buy : 0.0975-0.1025$ if A. SL if B
🔵Buy : 0.078-0.082$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
🆓Small Love Potion (SLP) May-13 #SLP $SLPSLP is dumping strongly and the expected dip is at 0.14$ zone or even 0.11$ zone. After hitting those zones, SLP may have a big pump to 0.2$ and 0.25$ zone
📈BUY
-Buy: 0.137-0.143$ if A. SL if B
📉SELL
-Sell: 0.195-0.205$. SL if A
-Sell: 0.24-0.25$. SL if A
♻️BACK-UP
-Buy: 0.107-0.0113$. SL if B
❓Details
🕯Timeframe : 4 Hours
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
$AXS/BTC 3h (Binance Spot) Descending triangle break and retestAxie Infinity has broken bullish and is now retesting the triangle, let's enter here.
Current Price= 0.00012764
Buy Entry= 0.00012689 - 0.00012069
Take Profit= 0.00015303 | 0.00017582 | 0.00021946
Stop Loss= 0.00010427
Risk/Reward= 1:1.5 | 1:2.67 | 1:4.9
Expected Profit= +23.62% | +42.03% | +77.28%
Possible Loss= -15.77%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 10 days