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SLPUSDT Perpetual Contract

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SLPUSDT.P trade ideas

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
by Vlad_Tesla
Smooth Love Potion SLP (SLP/USDT) technical analysisWe can have some expectation about when the next uptrend could happen. If we consider the price as our tool to forecast, when the downtrend line breaks, the next uptrend wave will probably start. However, if we consider time, namely Fibonacci time tool for forecast, it become little tricky. As it can be seen, each time the price went up and then corrected, the time it took to go up and the time it took to correct almost doubled and tripled, respectively. If this trend holds true for future, the next uptrend must happen around the area of Fibonacci time line 2 and the last vertical green line. Also, the area intersection of downtrend line with the Fibonacci time line 1.618 is a strong one. Anyway, we have to wait and see if the downtrend line breaks and/or if there is an increase in buy volume, then we can decide.
by YaserSalehinia
2
"SLP" is a big "Axie Infinity" scandalIts true that the whole market has been declining, but this currency is becoming a "SHITCOIN" due to the big scam of game developers by increasing half a million tokens. The responsibility for the current situation lies solely with the ignorant team that created the game. However, if they didnt manipulate the market, the price would have stabilized and was ready for a good jump. I apologize to all those who have been following my analysis during this time. In terms of technical analysis, everything was right, but unfortunately I ignored the theft of the builders. If the red line is broken, the situation becomes very bad. But if the price is well supported, it will break out of the downtrend by breaking the yellow and green lines. Lets see...
by hadirazi84
36
Can it?Yes sureWhat Is Smooth Love Potion (SLP)? 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. The cost of breeding begins at 100 SLP but increases gradually — rising to 200 SLP for the second breed, 300 for the third, 500 for the fourth, 800 for the fifth and 1,300 for the sixth. Axies can be bred a maximum of seven times, and the seventh breed costs 2,100 SLP. This limit exists in order to prevent hyperinflation in the marketplace. It can take time to accrue SLP through the game, and a player may need to win 15 competitions in order to gain enough tokens to perform their first breed. Purchasing SLP on the open market is a way for gamers to get a headstart.
Long
by ICP_holder
1
SLP is on its way. Accumulation zoneGive 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 still valid
by Vlad_Tesla
SLPUSDT in Accumulation Period & Main Support [Low-risk Setup]Good day, TradingView fellows! In my opinion, the market price is a good buy opportunity given the fact that we are currently in the accumulation period this past few months and also hit the main support four times. You can also add to your entry after the 20-day cross. I am anticipating it will hit $0.1323 and $0.2099 by this December to the first quarter of 2022. This idea is suitable for swing traders or long-term traders. Entry: $0.0595 TP 1: 0.1323 TP 2: $0.2099 TP 3: $0.3305 I hope you gained some ideas in this first published idea of mine. I only have a small trading capital as I am still a student, and this is my first year in trading. Hence, always DYOR (Do Your Own Research) and trade at your own risk. The idea published is not a financial advice. The content of this idea is solely the opinion of me who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. This does not guarantee any particular outcome. Give this work a thumbs up if you like it. Follow me here on TradingView for more upcoming ideas. Thank you so much in advance. Good luck, Alexis
Long
by alexisdelayola
4