Smoothlovepotion
💥SLP CHANNEL BREAKOUT- TARGET @ $0.017Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
This is a short term signal. Slp broke out from the descending channel. The next available resistance zone is $0.017.
If price should break this resistance zone upward, the next target will be $0.02. But if it doesn’t break the resistance at $0.017, we may have a pullback
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
SLPUSDT - BULLISH SIGNAL UPDATE!!As you all know, SLP is not performing well from last 10 months and according to the Chart patterns, Bullish Flag is formed, also indicators giving bullish signal. Fundamentals are also good to watch for.
Short-term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
RISK FACTORS:
Market/ BTC CRASH
Signal Strength Ratio: 75%
Happy Trading :)
Good Luck!
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Binance Smart Chain ( BSC ): 0x91Aa3e0c7B62397547687F28a8830C8d791C3dFF
SLPUSDT-LONGBased on technical factors there is a long position in :
SLPUSDT Smooth Love Potion
Score 3️⃣
🔵Long Now or set on Key Level 0.0220
🟢Target 1 0.0190
🟢Target 2 0.0175
❌Stop loss 0.0165
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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$SLP - Smooth Love Potion - Ready for breakout?I posted a chart with a long set up yesterday and managed to sell for a handsome profit. However, the long set up was swallowed up by sells and it turned into a bull trap. I can still see that SLP is forming a falling wedge, just made bigger so one to watch I think. I am in a long myself with a SL at the previous lows.
Smooth Love Potion (SLP) Another Longest ChannelHi dear friends, hope you are well and welcome to the new trade setup of Smooth Love Potion ( SLP ) token.
Down channel formation:
Since the 1st week of Nov, SLP is moving in a long-term down channel. Recently it found new support at $0.03 but broke it down. For any big move, priceline needs to breakout 1st this channel and then there is key resistance at $0.06. There is also 100 simple moving average resistance at almost $0.06.
Previous channel:
There was also such a long channel fromed from 1st week of Aug to the 1st week of Oct 2021. When SLP broke out the channel then it was rejected by 100 SMA resistance.
Key resistance:
As we have discussed above that for any big move 1st priceline needs to break out the channel and then a key resistance of $0.06 because this key resistance has been working as very strong support. Therefore it can work as very strong resistance as well.
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
SLP 3D What it takes to make the price go upWe, like probably many of you, wanted to make money on speculation with SLP token, but as a result we became invested hostages.
Because we don't play a game where this token could be used, the maximum we can squeeze out of this investment is passive income by transferring tokens for staking.
The first wave of hype for gaming tokens has passed, and now there is a correction.
SLPUSDT price has been falling steadily for six months and the value has already decreased by -90% from the maximum.
During this fall we have made several long buys and froze 10% of the trading deposit allocated to the project P_S_trade to no avail.
Actually, to guess where the bottom of this fall - is equal to guessing the cards, so we're not going to do this.
We propose to share our opinions in comments, what should happen in Smooth Love Potion project and cryptocurrency market in general for SLPUSD to explode by 10 times. It is around $0.35 that we would like to fix part or even all the investment in this token.
First , the conditions we described in BTCUSDT forecast are fulfilled now to start at least minimal, but still alt-season.
Please take a look at it:
Secondly, we need to somehow limit the maximum number of coins to be issued, as long as there is no upper bar, they print as many as they need. The supply in the market will decrease, then the demand will naturally increase the price.
Third , sometimes crypto projects do denominations and similar maneuvers and after that the price of token or coin grows well.
Please join the thoughts in the comments under the idea, because in the discussion the truth is born.
_______________________________
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 :)
SPL 300% growth in few days Hey friends!
$SLP is going to triple soon.
"The SLP cost per breed will triple in AXIE infinity gaming ecosystem"
due to official announcement. (website about announcement could be looked at axie point substack point com)
Okay so what's that? That means players in AXIE game used to spend more SLP. Due to token burned volumes that's will be a reason for triple price. AXIE playing ecosystem nowadays include 2,5 million active players.
SLP inside huge wedge#SLP/USDT
$SLP is at the end of a huge triangle or wedge, there is a strong support around $0.02 that may attract price, and then try to break out from triangle.
but if price going to break out triangle from current price, after a pullback it will head up toward resistance around $0.11
$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
SLP long positionSmooth love potion has reached its final support zone. If it break below here, there is no stopping it from going down to zero.
Apart from the support area, there is not much to say for SLP, but given the situation where this move looks exhausted, I believe this to be a worthwhile bet.
I'll look for a break of the red trendline and an increase in volume. If I see that, I'll enter with my SL set below the swing low.
What do you think?
SLP|Wyckoff Theory of Accumulation and DistributionGive your questions or comments
Based on fib extension, Volume profile and Theory of Accumulation and Distribution. It's a good time to buy and hold for high targets.
Also, watch the devs as they may tune the burning mechanism for SLP and stop the selling pressure, I'm personally expecting this
Good luck and manage your risk
Disclaimer: This is just my idea. Am not liable for the end results if adopted by anyone.
SLP Burned/Minted Chart www.axieworld.com
I believe if it will be a down move it will be much smaller than the upside. So the reward is much higher.
Check my previous SLP TA, it is still valid
SLPUSDT TO SKY ROCKET Bag some SLP now, we going to the moon.
Price could'nt break that strong support for days now and is about to break the downward T/L.
You can enter now or wait for the break on the 4H chart for more confirmation.
TARGET:
1st Target: $0.1
2nd Target: $0.15
3rd Target: $0.2
4th Target: $0.35
S/L:
$0.05
Always remember, this is not a financial advice. The crypto market is very risky and i could be wrong.
Invest what you can afford to loose.
this one is still one of those that you can safely get in!the green box below is the most important SUPPORT ZONE that it can ever be and the most important RESISTANCE ZONE and a perfect TRIGGER is the BLUE line above!
just manage the capital of the trade and get in to this beautiful opportunity and don't miss the ROCKET that we got here!
I marked every thing on the chart so I didn't mentioned TARGETS in the TEXT!