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SLPUSDT Perpetual Contract

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SLPUSDT.P trade ideas

SLPUSDT, What should we do now ...Hello everybody In these days im so busy and i dont have enough time to piblish new idea but i will come and check every of your energic and lovely messages in here and in my social account, thanks a lot guys According to the chart and last analysis we expect the price that wanna start the correction wave and exactly happend and now we expect the price should have more correction because of the condition of market and its need to correct the rally movement that is happend in past . if you wanna learn technic of analysis of SLP you check our last and previous analysis of SLP that how we can use triangle in the chart Previous analysis : If you have any question send us messages Good Luck Abtin
Short
by Abtin00
4
SLP LIKELY MOVE - TO FALL TO $0.0145Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ With Slp market price at $0.0160, price has been in a downtrend since it broke downward from the consolidation. It’s making it way towards the next available support which I think $0.0145 is the next support level. What do you think? Share your opinion in the comment section✍️ You can also demand for analysis of your preferred coin Follow me stay updated about this coin and more helpful projects like this🎁 Happy Trading💰🥳🤗
Short
by PetrockFxTrading
10
SLP Danger zone Not much has changed since I posted about SLP a few days ago. I have linked my previous post below as everything within it is still relevant in my opinion. Take this into consideration: 1) SLP has now flipped the green box I had from support to resistance, so I have changed it to red in color indicating a zone of resistance. 2) The longer we hang out below this box the higher the likelihood becomes that situation 2 will play out, however situation 1 could still be on the table. 3) AS LONG AS SLP ISSUANCE STAYS 10-15X GREATER THAN THE BURN RATE, IT IS HIGHLY UNLIKELY WE WILL CONTINUE TO MOVE UPWARDS!!! This is a key component to the price everyone seems to be forgetting. SLP still has a big inflation problem right now. The only way we can officially move into an uptrend is if the mint rate decreases drastically, OR if the market cap increases at a rate that is greater than the average current mint/burn rate. You cannot keep increasing supply of a coin by 10-15x its burn rate and expect an uptrend unless there are a ton of buyers. Basic supply and demand. 4) I know Axie is aware of the mint/vs burn rate problems but as of today they still exist. Until this changes i'm relatively bearish on this coin. 5) Remember, this is not financial advice and always do your own analysis/research before making any decisions on the market.
Short
by MarketM8ker