Get started

Smoothlovepotion

SLP CRITICAL LEVEL HAS TO HOLD There are two scenarios I have outlined that could potentially happen in my opinion. 1) We really really REALLY need to hold this green box as support and break above previous highs so we can make our way out of the ichimoku cloud and start an actual uptrend. As of right now, SLP has been generally trading sideways for the most part. 2) If SLP manages to do this, we could very well see a move to around 6 cents. 3) We will need to break above the 200 day moving average (blue line) as well, which is pretty important for most cryptocurrencies. 4) If SLP breaks this green box of resistance to the downside, we could very well sweep the low again. 5) This is not financial advice and always do your own research before entering a trade.
by MarketM8ker
1
SLP | A realistic AnalisisAxie Infinity hoped to raise more investments from whales, that's why they didn't bother to raise the SLP. Time passed them by and it seems that now it is an irretrievable situation. I presume insiders sabotaged the $600M hack (see it as a sign of desperation before jumping off the jackpot). Now they divided the Origins update (more complex game mode than the first version) into three parts, precisely to avoid a SLP pump, thus preventing holders (players) from abandoning at the first opportunity. Update times were extremely long and laggy. The most recent update re-enabled the adventure mode, with which you will be able to generate even more SLP, thus creating more monetary inflation (a fact that is still not applicable in beta, but it will be in a few weeks). Sky Mavis expects more SLP to be burned by breeding more Axies, an inefficient way to balance mining and burning since only a very small percentage would be dedicated to breeding them (note that it is cheaper to buy the Axies directly than breed them. In the market you can find them from 20 dollars). The great promise of Sky Mavis are the Lands and it may be a good solution, but at this rate they will make it a reality in at least 2 or 3 years (An update much less complex took them over a year.) I think it's time to say goodbye to the SLP.
by jamt_jamt
7
SLP Daily is still in the consolidation box..looking greatSLP daily chart is still consolidating in the purple box and that’s totally fine…the longer the sideways action, the bigger the explosive monster move it has the potential to make…I did this update from my phone so excuse the smaller chart, but the idea is once we break above the descending trendline and the daily candle closes above, the Nitrous button will be deployed and let’s see what Axie Infinity’s little brother token can do…I believe possible over 1,000% gains in the near future but we will have to watch daily RSI…
Long
by bylerzone
10
Smooth Love Potion (SLP)Smooth Love Potion (SLP) has recently retested our (.020) area. This is the 4th day the said area has acted as a strong demand/support zone. We are currently stuck in between 2 important zones. Our charts are indicating a potential move to the upside. Once we see a potential move to the 0.023 we may encounter selling pressure since we have had 3 daily timeframe rejections in this area, unless new fundamentals kick in and we see a huge momentum/volume towards the upside.
by Deangod
Smooth Love Potion Bullish Breakout (200%+ Potential)Hello my dear friends... This is going all right. First, let me show you the potential targets: SLPUSDT (Smooth Love Potion) has been through the second wave and is now starting a third one. We are aiming at around 1.618 or 2.618 fib, this is based on EW. Now, looking at the daily timeframe, the main chart above, we have the indicators going bullish and a volume breakout... Prices moving above EMA50. Caution Please keep in mind that the market conditions can always change. If you use this information for your trading, make sure to plan ahead of time in case things go the other way. Prices can easily drop just as they can go up... Here is my previous chart (14-March) Thank a lot for your support. Namaste.
by AlanSantana
12
🆓Smooth Love Potion (SLP) Mar-22 #SLP $SLP SLP has completed a bearish cycle and it has started a new bullish cycle from the $0.016 zone. In the near future, new updates of the game Axie Infinity can bring good effects and help SLP increase again like early February. 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 0.017$ zone 🔴Buy : 0.017 🔴Sell : 0.02 - 0.024 - 0.028 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 0.017$ zone 🔵Sell : 0.017 🔵Buy : 0.014 - 0.011 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation
1
SLP LIKELY MOVE - TO FALL TO $0.0145Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ With Slp market price at $0.0160, price has been in a downtrend since it broke downward from the consolidation. It’s making it way towards the next available support which I think $0.0145 is the next support level. 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💰🥳🤗
Short
by PetrockFxTrading
10
SLP Danger zone Not much has changed since I posted about SLP a few days ago. I have linked my previous post below as everything within it is still relevant in my opinion. Take this into consideration: 1) SLP has now flipped the green box I had from support to resistance, so I have changed it to red in color indicating a zone of resistance. 2) The longer we hang out below this box the higher the likelihood becomes that situation 2 will play out, however situation 1 could still be on the table. 3) AS LONG AS SLP ISSUANCE STAYS 10-15X GREATER THAN THE BURN RATE, IT IS HIGHLY UNLIKELY WE WILL CONTINUE TO MOVE UPWARDS!!! This is a key component to the price everyone seems to be forgetting. SLP still has a big inflation problem right now. The only way we can officially move into an uptrend is if the mint rate decreases drastically, OR if the market cap increases at a rate that is greater than the average current mint/burn rate. You cannot keep increasing supply of a coin by 10-15x its burn rate and expect an uptrend unless there are a ton of buyers. Basic supply and demand. 4) I know Axie is aware of the mint/vs burn rate problems but as of today they still exist. Until this changes i'm relatively bearish on this coin. 5) Remember, this is not financial advice and always do your own analysis/research before making any decisions on the market.
Short
by MarketM8ker
SLP BROKE SUPPORTPlease support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ With respect to my previous analysis, the question asked has been answered, price broke support and started to fall. Watch out for next forecast on slp🔥 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💰🥳🤗
Short
by PetrockFxTrading
3