Smoothlovepotion
SLP may rally up to 570%After a swing failure pattern, SLP went into an 8 month long corrective wave pattern as you can see in the above given chart which ended with a 4x rally last month.
1) A daily close above 0.0195 can give you an entry.
2) A daily close below 0.01733 can get you out.
3) Stochastic has crossed up.
4) Accumulation and/or contraction zone is about reach a break point (based on volume)
5) Very high 24hr trading volume (see on CMC)
Targets can be seen as 0.618 the green box and further extension levels.
Trade Safe!
DYOR this is not a financial advice.
SLP 4H Analysis🟢 SLP is trying to break the descending trend line. If SLP is able to break above $0.02 and Close above EMA 200 then It will move towards the upper resistance of $0.0225-$0.023 area. The support level remains the same. Wait for a breakout or rejection before opening a new trade. Use proper stop in all your trades.
⚠ This Analysis Will be Updated.
✍ Analyzed by Amirhossein
📆0.3.05.2022
Smooth Love Potion Support Found? Recovery Possible!Remember my last trade idea for this pair?
I mentioned that after the first wave comes a retrace and then a new wave.
See it here:
Now, the second wave can be over and prices start to move up.
We have high volume today and the MACD remains strong...
It is still tricky though, as this can easily reverse to test new support before prices going up.
Here I am keeping it simple...
You can find the potential bullish path on the chart.
Namaste.
💥WILL SLP BREAK THE BULLISH PENNANT?🚀Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
Right here is the bullish pennant pattern, very similar to a falling wedge pattern.
I expect a fall to $0.022 and a rise towards $0.038.
This can happen only if the support zone on the lower trendline of the bullish pennant pattern reverse price back to the upside.
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
SLP to ~ $0.018 Alright we have quite a few things going on here with SLP.
1) Even though there's been news of Axie reducing coin supply to stabilize price, im still seeing in increase in supply by around 500,000 coins daily. That combined with decreasing demand does not make for a bullish situation at this moment.
2) We have rallied over 300% in about two weeks in combination with the daily ichimoku cloud touch. That cloud spans roughly 140%. This means SLP will have to rally another 140% with increasing daily supply just to break the bearish cloud.
3) We were in a beautiful bull flag on the 4hourly chart but the problem with this is the price made it pretty much all the way through the apex, which generally isn't a good sign. Especially after testing very heavy levels of resistance.
4) We have potentially a inverse cup and handle forming on the lower timeframes (4hr, 1hr) that would put the price right around $0.018. This also lines up with one of the very few major support zones SLP has charted in its lifetime, which you can see with the green box. If we do not react from here it is likely to go all the way back down to the price it was before this pump.
5) The 0.018 cent level also lines up relatively well to the .618 area on the fib retracement. A wick down to the green box would suffice.
6) This is not financial advice. Trade carefully.
💥SLPUSDT LIKELY MOVE- TO FALL TO $0.025Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
As highlighted on this chart, slp broke the inner trendline and It’s restesting back to the breakout point.
I expect it to fall to $0.025 as the first target before we know the next possible scenario.
What do you think?
Share your opinion in the comment section✍️
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💥SLP - ANOTHER CHANCE TO MAKE 50% - 60%Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
The short term target still remain $0.0470 and $0.0500.
Did you make profit from my last post on SLP?
In my last post I gave a signal to pick a long position at the provided BUY AREA
Price is still within this buy area and hasn’t hit the stop loss given.
If you missed the last signal and still want to hop in on this, you can go in here.
SLPUSD BUY POSITION
Buy within - $0.0285 - $0.0335
Stop loss - $0.0255
Take profit 1 - $0.047 (60% ROI )
Take profit 2 - $0. 05 (70% ROI )
Risk - 10%
We had a false breakout from the resistance zone as indicated on the chart which led price back into the buy zone.
Slp may dwell in the buy zone before rising again and it can shoot out very fast.
What do you think?
Share your opinion in the comment section✍️
Follow me stay updated about this coin and more helpful projects like this🎁
Happy Trading💰🥳🤗
Smooth Love Potion | The Path to 875%Smooth Love Potion (SLP) had a major breakout two weeks back and it is now entering its second wave.
After the initial breakout we get a correction and then additional growth, this is marked by the red and green arrows on the chart.
The sideways consolidation can vary, for example:
1) You can see a 7-9 days total correction and then prices go up.
2) Or, you can see 15, 20, 30 days total correction and then prices go up.
In both cases SLPUSDT would stay within the previous low.
1)
2) Main chart above.
Patience is key.
Many more opportunities are developing.
While the markets consolidate take the time to study.
Support my work with your love, likes and comments.
I'll be back again tomorrow.
Thanks a lot for the amazing support.
Namaste.
SLP Short-Term Correction Starts | 875% Potential Profits UpsideWe looked at Smooth Love Potion (SLPUSDT) as it broke out and we warned of a correction that follows this initial move.
There is room for plenty of growth though after this correction is over.
Here I am mapping the path with red and green arrows.
We can see 155% short-term followed by 850%+.
Remember to have a plan and trade safe.
This is not financial advice.
Good luck.
Great success.
Good profits.
Good call.
Namaste.
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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Smooth Love Potion (SLP) Highest Volume Ever!Let's have a look at this one, Smooth Love Potion (SLPUSDT ) and we start with the project overview.
"What Is Smooth Love Potion (SLP)?
Smooth Love Potion (SLP) tokens are earned by playing the Axie Infinity game. This digital asset serves a replacement for experience points.
SLP are ERC-20 tokens, and they can be used to breed new digital pets that are known as Axies. The cost of breeding begins at 100 SLP but increases gradually — rising to 200 SLP for the second breed, 300 for the third, 500 for the fourth, 800 for the fifth and 1,300 for the sixth. Axies can be bred a maximum of seven times, and the seventh breed costs 2,100 SLP. This limit exists in order to prevent hyperinflation in the marketplace.
It can take time to accrue SLP through the game, and a player may need to win 15 competitions in order to gain enough tokens to perform their first breed. Purchasing SLP on the open market is a way for gamers to get a headstart."
source: coinmarketcap
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SLPUSDT Entered Binance back in May 2021... Clearly was followed by the strongest decline.
On the 3-Feb. SLPUSDT hit a low and what we are seeing now is the strongest of growth.
We have the highest volume ever and the RSI going off the chart.
A change of trend is certain.
After the initial wave, the breakout, we will have a retrace and then the next wave (3rd) should be the strongest of all.
I've mapped multiple targets on the chart.
Namaste.
Smooth Love Potion (SLP) broke out longest channel.Hi dear friends, hope you are well and welcome to the new trade setup of Smooth Love Potion (SLP) token.
On a daily time frame, SLP broke the longest down the channel. There is also a bullish divergence as priceline is forming lower low and RSI is setting higher low.
Buy between: $0.022 to $0.03
1st target: $0.04
2nd target: $0.06
3rd target: $0.10
Final target: $0.35
Stop loss: Below the support of $ 0.0175
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.