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Smoothlovepotion

SLP on a non-stop downtrend?This token is indeed trash in it's essence. since it has an infinite supply of tokens and is an in-game token. as you can see on the chart there is no defensive move or support from the bulls. Bears are dominant on this token in the complete absence of bulls. it is now on it's last line of support, if it loses the support level go short and stay short. Don't mind the R/R Item on the chart it's bugged and i couldn't remove it from the chart. What's your opinion about SLP?
by Mr-Karimi-ir
9
🆓Smooth Love Potion (SLP) Sep-28 #SLP $SLPThe selling force on SLP is very strong and SLP could come back to the All-Time-Low point at 0.055$ zone or even move down to 0.045$ zone before recovering to 0.07$ and 0.1$ zone in October 📈RED PLAN ♻️Condition : If 1-Day NOT closes ABOVE 0.07$ zone 🔴Sell : 0.07$ 🔴Buy : 0.055$ - 0.045$ 🔴Sell : 0.07$ - 0.1$ 📉BLUE PLAN ♻️Condition : If 1-Day closes ABOVE 0.07$ zone 🔵Buy : 0.07$ 🔵Sell : 0.08$ - 0.1$ ❓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 🅰️A : The Close price of 1-day candlestick is Above the zone 🅱️B : The Close price of 1-day candlestick is Below the zone
Short
by CryptoStation
SLPUSDT, a long term vision. SMOOTH LOVE POTIONHello my friends, A multi timeframe analysis of SLP and a long term vision for 1 or 2 year investment. The price is in the deep descending trend and now it has reached a strong support base band. I think it's good to buy step by step. So If the price fixation in this area I expect price growth. You can consider it and the price actions in the circle to buy it. If the price breakdown this support base band, we've to sell and quit. Good luck If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below for me
Long
by ArashBanakar
5
SLP/USDT . Falling wedge breakout soon?SLP is the coin from Axie Infinity game (AXS/USDT) AXS itself is a good NFT project i think.. its a game that helps a lot people financial in vietnam (axie infinity) from technical perspective i think SLP/USDT is gonna break falling wedge pattern.. consolidate since around 12 july.. the longer the consolidate = the bigger gains when breakout it's a good buy from this price / entry when it retest . target will follow the arrow. waddya think? *not financial advice
Long
by Daniel_Surjos94
$SLP Smooth Love Potion Key Support LevelIn this chart, We identify the key support level As we can see the probability of it holding is high but given the fundamental news about Axie Infinity, and Smooth Love Potion has an unlimited supply and there is more minting that is happening the price can touch the $0.0614 level. This is one of the worst case scenario. Hoping that it will bounce and not stay there will be an indicator that Axie is recovering from it's economic collapse. This is one of the problems of #NFTGames... Thank you. What are your thoughts?
by amosjohndomingo
11
A closer look at SLP's Correction CountNo matter how much technicals show us that we are bullish, SLP's current economic conditions of supply and demand come to the detriment of any chart analysis. The price has continued to stay in a corrective pattern. With elliot waves count, this should indicate a near end to this ongoing correction. Rsi and Stoch RSI are both showing oversold on 1h and 4h, while macd is just consolidating. However this is all null due to SLP being produced at rates of 2.5x + than being burned. The only thing that would save this downward trajectory is from Developer interference by increasing SLP required to breed, or any other SLP burning mechanism. Price is hitting a big support area for now, Any price action below 0.1450 and we turn into really bearish territory in terms of price trend analysis. There is no reason to be holding SLP right now, so anyone who gets it in their hands is usually instantly selling for cash rather than breeding. All this contributes to the downward trend. Can investor's, speculators, or traders be buying here at this point? Maybe, the chart is right, but for what reason? There is really no incentive. If for some reason we end up getting an upward trajectory in price, we would have to break 18c again to mark as an end to the downtrend. Good luck and Good day
by LukeDalli
9
SLP Accumulation Phase?Right now we may be seeing a #Wyckoff #Accumulation Schematic on SLPUSD Smooth Love Potion ERC-20 Contract: 0xcc8fa225d80b9c7d42f96e9570156c65d6caaa25 Smooth Love Potion *SLPUSD* is an ingame token earned by playing Axie Infinity. AXSUSD has created a new all time high and there are over 2.7m axies in existence now! Considering how you need a team of 3 axies this would allow 900,000~ unique players to own 1 team of axies Some Stats As of this publishing AXSUSD ERC-20 Contract: 0xbb0e17ef65f82ab018d8edd776e8dd940327b28b AXSUSD Market Cap: $2,311,888,586 24 Hr Trading Volume of Axie Shards: $6,613,496,185 SLP In Circulation: 541,173,609 SLP Market Cap: $165,549,901 SLP 24 hr volume: $268,186,618 ATH of AXS: $45.28 ATH of SLP $0.399727 Sky Mavis has created a powerful layered solution with the Ronin Chain. Ronin allows you to easily interact with their user interface & marketplace.
Long
by ZacharyHogan