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SLPUSDT Perpetual Contract

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SLPUSDT.P trade ideas

SLP/USD broke resistance line and comes to first targetHello my friends, today I want to talk with you about SLP . As I told you in my previous idea, SLP will continue to grow and soon will break resistance line, now price done this and close to first target. Last 2 days price show us upward impulse which broke resistance line and exit upward. Our target is still the same, if you open long by my previous call and price will reach first target your NET profit will be around 100%, if second target in this case 200%. Now left 50% movement to first target and 130% profit to second target. I think price can make small correction in area 0.25-0.24 USD and then continue to grow. So be ready for such scenario. This is an article, not financial advice, always do your own research. If you have any questions, you can write it in comments below, and I will answer them. And please don't forget to support this idea with your like and comment, thank you.
Long
by AtlasTrades
32
SLPUSD analysisHello traders! SLP is 90% up from last month's low and I am expecting a little more push before any downfall. SLP is at the reaction zone and reaction zones are not the support and resistance zone but it's the zones where the market forms different kinds of patterns. Currently, it looks like it's forming a pattern below the reaction zone and it can pump 20/25% more. 0.339 is the price that will be hard to break by SLP and it can retrace back from that level. Don't forget to hit the like button and follow to stay connected.
Long
by Aadil1000x
1
SLP/USDT strong potential in parallel of AXS (Update)SLP/USDT strong potential in parallel of AXS (Update) - NFT Sector 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 SLP is also unique because of how it has become one of the few in-game tokens to be listed by Binance in its Innovation Zone. The exchange has reserved this trading category for assets “that are likely to have higher volatility and pose a higher risk than other tokens Context: Regarding the lake of historical data it for now not possible to present picture with a strong conviction - However the few technical elements and wave proportion can already leaning towards an interesting upside potential in parallel of the success on AXIE. The recent bullish price action is reinforcing now a new upside acceleration dynamic (RSI + EMA). Previous analysis - 10/02/2022 : Tactical view - 1 to 3 weeks The fact that 3 key elements ( EMA upside breakout, RSI 50% upside breakout and first Harmonic on 3H basis upside breakout) are already bullish pre-signal allow us to be confortable with a larger rise at least to test 0,0560 (Lin scale) before 0,0910 (Log scale) in order to complete the harmonic auto-similar move (action/reaction). The next target above 0,0910 are more to be consider for a strategic horizon once 0,0910 has been surpassed at least in a weekly close. Update : (i) accumulation bullish momentum in dip (area possible 0,0215/0,0150) as been done (ii) As long as 0,0170 remains a key tactical support valid the market is expecting to raise directly now towards 0,0560 Before 0,0910 (= 3780 ETHUSDT resistance equivalence on current level) Related analysis (AXS) => Enjoy my friends ! Support me by clicking the referal link below in signature (giveaway) !
Long
by JeanJean1983
1
Wyckoff ReAccumaltion in SLP? Possible bullish Although SLP has unlimited supply, technical analysis is still working in this coin. wyckoff pattern was shown last time in SLP and works properly As you can see it works here.. Now we need to complete the Wyckoff Re-Accumulation. LPS & SOS should be visible in the next few days so SLP will go up again after this. This will be also possible since end of MARCH origin version 3 will be launced in Axie games which will increase the investors, players and breeders. Plus new burning mechanism of SLP is on the way this year. So even in fundamentals this is a bullish news. :-) PLEASE DYOR and this is not a financial advise. Make this chart as a guide only and do your personal TA.
Long
by ridenz77
SLPUSDT What next after hitting this important resistance?We spotted potential falling wedge formation on SLP and price just tested out the upper trendline and got rejected. Our focus is on 38.2% fib ret level from the previous ATH to the current ATL. If price manage to surpass this level then our target is 61.8% level which is tagged as CRUCIAL resistance zone. But if price give more buyer opportunity, then we can have a sharp decline from 38.2% level to where we have AOI level for re-loading of Longs positions.
Long
by weslad
5