SLPETH trade ideas
AlphaScalp - taking advantage of pullbacks on SLPETHThis is a demonstration of using scalping for high accuracy profit gains.
The script AlphaScalp is able to detect high volatile movements and calculating a probability of a pullback. When the condition is met a buy order is executed and you can afterwards setup how/when you want to take profit.
The public AlphaScalp script enables you to test all assets with all settings but real time alerts are disabled. See the script here:
SLP Smooth Love Potion = HOPIUM = MODE ONSLP holders , Where is the Love
Use to be a Simple Love (potion)
But nowadays is a very hard one (and is damaging)
This targets are 99% made of pure HOPIUM
1% percent i will explain
1. With ETH pair we are back at a all time low. acts as support
2. With TD SEQ we may get another RED TD9+1 or 2 more red candles and PUMP
3. We can see SLP is following other coins in their recovery cycle on smaller time frames, mirroring btc price activity
(however, we can see times when SLP has some bullish moves) cheek out 5-15 min charts
Oher Thoughts
For some the chart looks like a disaster .. mostly when you open SLP/ETH ,
seems like this coin is very manipulated somehow.
Could be a good idea to DCA from this price.. but also high-risk,
indeed it did drop 90% from summer, has a crazy 1000% to recover from 0.039 to 0.39 (in usd pair)
that s crazy but not impossible for a coin this volatile (in theory).
Another question is : what is with BIDR Indonesian Rupiah pair or turkish lira pars? they have liquidity or need more with this coin? i mean.. to dump it or to pump it ?
$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
SLPETH Technical Analysis⏳ Spot
💎 SLPETH has formed a Descending triangle, after couple of rejections at the support line it is expected that after the breakout it continues the bullish move
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry/Pullback now or from 0.00001556 to 0.00001439
☕️ TP1 0.00001712
🍺 TP2 0.00002150
🍻 TP3 0.00002631
🍾 TP4 0.00003104
🍷 TP5 0.00003550
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 0.00001439 to 0.00001322
Good Luck 🎲
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SLPETH in relation to SLPUSDT Prices and what to expecthi again
SLP ETh chart is important to understand what is to be expected in terms of Slp USDT price
Since the launch of slp on binance i suppose first 162 days volume was roughly 3.7 B range
2nd portion of the price range had 4.3B volume in 110 days
3rd portion of price 91 days volume increased to roughly 7.5B
in terms of current SLP USDT price we are back at low 0.07 range
the last 1 day run of price we saw was a rare spike no way near close to this coin being bullish in a true sense
if this coin is to be called in a bullish pattern which is price of 10th Aug 2021 at which the price was 0.22 roughly
for this to happen prices in terms of eth must rise roughly 178% i marked that area on chart in first circle from left
it was a 7 day up pattern seen
now the movement of this coin as i explained in my last ideas is linked to eth as well as btc the last upward price movement occoured systematically
when btc price dumped after a stagnant period when more low of btc was expected and eth price increased from being low first
same is also going to be eth price and btc price to low and we need more volume if u see weekly chart slpusdt u will notice the volume
this week has been low compared to last week
in terms of price prediction and what i feel when i read ideas of this coin by other people it shows all green
which is quite ok it has to increase about 400% in comming days to be called normal
one more thing to note is when u look at daily chart of most of the coins there are some which are really moving and are way above
their ema 200 close line some good ranked coins compared to eth like for example doge on daily chart is barely above its ema 200
and there is slp which is way below its ema 200 level despite such a general price hike
so in terms of what i expect
if this coin is good it should rise 400% sooner or later
can not predict when lets say another 71 days thats 162 - 91 the first and the last price period on the chart
which is an optimistic investment if this idea doesnt hold its already at bottom levels with rising rsi's this feel possible
and probably sooner than 71 days
note - this is not financial advise just an idea or self note i was very much right about last time its price went up i posted idea before that saying when it will go up
this time i know its going to go up but can not predict exactly when do leave comments or your ideas about the price movements or any suggessions
ROBOTRADER SLP BREAKOUT WATCH, possible 750% gains in 7 days!??Buddy team member spotted a potential SHIB type setup on the SLP coin. A quick check shows this sleeper has twice the volume to market cap. It's in the dog house. Who do we call?
The DOG ARMIES! Calling SHIBarmy and DOGeArmy to team up with the Smooth Love Potion against CrookStreet! Let your pennies walk!
For this trade, we will trade purely against ETH pair? Why because USDT is unstable coin on unstable corrupt currency. Why sell into worthless FIAT? Trade into BTC or ETH. USDT will blow up, it's backed by clowns which is backed by FIAT also back by its own set of crooked clowns.
LEAVE THE CLOWN SHOW and HAVE FUN!
Buy some SLP and watch the charts. If it doesn't take off, it's going to zero. But with the bull run of the century on our doorstep. put in $100 cash-is-trash on the Love coin and let's have some FUN! LOL
On the watch list, will dog pile past green line if bull run is confirmed. Watch the wider markets and BTC/ETH, this Love Potion will just follow it and will provide the LOVE for ETH, BTC, DOGe and other sound digital assets.
Note: SIMB coverage off until charts are less scary on that one. SLP is ROBOTRADER'S TOP SHITCOIN CANDIDATE OCTOBER 28th 2021
🔥SLP this forecast could change your life!#SLP/ETH
🔥SLP this forecast could change your life!
I have been waiting for more than 3 months for the coin to fall and wait for its bottom, I think it remains to wait about a month before the launch of the rocket! More than 1000% + to your deposit, do not miss this opportunity.
Short term low risk scalp for SLPThe team already said they are likely to release bullish news on Monday, so this is a pretty simple setup and aligns well with the general Elliot wave count. Price is expected to shoot up quite suddenly as retail catches FOMO, and then we can sell near the tops. This is NOT a reversal, it's a counter trend trade.
SLP is the greatest token of all time.SLP is a very great token to trade. We have made many idea on SLP in the past, the majority of which were correct. Today we have another idea.
SLP is in a strong downtrend and many people are scared because there is WAY too much SLP being minted every single day. The bad news is, it should go lower. It can reach as low as 0.13 before the major CORRECTIVE movement upwards will truly begin. This movement is expected to take price all the way back up to around 0.30, and it's notable that the major movements will not happen until the exact end of this movement, where volatility should expect to increase dramatically as they announce the battles V2 launch. In the grander scheme, this entire move is a fool's rally, but we can ride it while it lasts before the next leg down. That comes much later.
It seems that Sky Mavis is going to reduce the breeding fee to a flat PERCENTAGE of the breeding cost, probably between 20-40%. This will allow for the SLP rally to begin, as it brings back the bullish sentiment for investors PLUS it fixes the mint VS burrn which is currently driving the rally downwards. The team has already said they will fix this in 14 days of the last patch, which came on 8/10/21. So we know that SLP will likely cease to fall on 8/24/21, 14 days after this. They want to ""Wait and see the effects"" even though we ALREADY know that the last change reducing the AXS fee by only 50% while the price doubled, did NOT help at ALL!
How do we know that Battles V2 will come on this exact date?? October 31st is marked because in the past the team likes to do events on special holidays. This is further confirmed because the official axie infinity Twitter has a BAT in their name. What does a bat mean? We think, it can only mean halloween!! Even more shockingly, and you should check this for yourself because it absolutely blew my mind, the 0.618 time extension of the entire move prior is ALMOST EXACTLY on halloween. So the level of confluence says that there is very very high significance on this day, and the volatility will simply be through the roof if they drop battles V2. For examples of what happens when major news drops, look at the big candle to the left? The biggest one. That's when they announced Ronin. It could even decide to test the all time high, that's how crazy this day might get. Be ready.
Axie production cost risingIf you breed axies, now is a good time to purchase enough SLP and AXS to continue breeding into the next week. This is because we expect that the cost of the resources to breed an axie two times will increase, taking up the axie prices with it. You can also hold onto the axies you produce for a little longer in anticipation of higher prices, if you are willing to take that risk. After this moves up and shoots over the top, we expect it will start a bear market so let's plan to sell all bred axies by no later than the 10th of August.
Happy breeding.
SLP: A macro struggle between the bulls and bearsThis is labeled as neutral because there are actually two counts for SLP now that everyone should be watching. The main thing that traders and players of Axie Infinity need to do is watch the invalidation levels for each one of them.
The one shown here, the main count for us, is the bear count. We think that the chance this count is correct is around 75% right now.
Let's also assign a 25% probability that this bullish scenario will play out. This is what the macro bull count looks like.
WE NEED TO WATCH THESE MAJOR LEVELS
Otherwise we won't know when the market has decided to validate one of the counts! So here they are:
Macro bearish invalidation AND bullish validation: break above 0.43, the ATH
Macro bullish invalidation AND bearish validation: break below 0.17, the top of the blue wave (i) of the minuette degree.
There's a few reasons the general leaning ends up being bearish:
The new SLP futures market on FTX no longer forces degenerate speculators to purchase physical SLP, which doesn't take any out of the market and creates less demand.
The game server itself for Axie Infinity has had trouble for the past four days and there is currently no end in sight, with the game being barely playable few players are breeing or buying Axies.
The overall market is leaning slightly bearish, including ETH and BTC, which SLP is still correlated to despite having it's own economy.
SLP is inflationary, and the new wave of players that once brought supply down is now going to conversely increase supply if we don't continuously grow the game faster than before.
For more information on the technicals, please visit: docs.google.com
Note that none of the targets are certain. SLP could decrease a lot more or a lot less in the bear case, it just can't break 1 cent. In the bull case SLP can basically go up as high as it wants, well over one dollar.