SLPUSDT trade ideas
SLP can rise 300%Since its listing, SLP has traded mostly in one direction: down.
However, now the coin seems to have found a bottom at 0.001 and a leg up followed (400%)
At this moment a higher low can form that can lead to a new leg up,
The next important resistance is at 0.06 and this could mean a 300% rise
If you choose to buy this coin you should be aware of its volatility and the fact you can lose more than half of your investment in case of a new low
TRADE CHALLENGE #5 SLPSLP looking for a bottom, Iv taken this trade. I published DENT trade but soon jumped to SLP. But both are valid trades but im activly trading this one.. If that make sense :)
The upside here looks promising.
target 1 marked on the chart. Volume at the bottom of a move is a promising sign.
target 2 marked on chart.
Patience is all that is needed now.
๐ฅSLP PRICE CONSOLIDATION๐คPlease support this idea with a LIKE๐ if you find it useful๐ฅณ
Not a financial advice๐
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Here is my new update on SLP.
As highlighted on the chart, price broke out of the falling wedge and went straight into consolidation.
Price has been rallying within this zone at 0.0186 - 0.0217 from 24th February till this current time.
This question at hand is will price break the consolidation to the upside or downside?
What do you think?
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SLP ready to pump$slp is ready to pump. If btc behaves $slp will have a run. Chikou has the habit to avoid green candles. Well itโs heading to some green candles. It will try to avoid them. Going up is the only way.
Also the candles are sitting on the diagonal support. By rolling over its getting automatically out of the Kumo. And once closed above the Kumo we will get some fireworks.
SLP close to trend line ๐Based on the chart, the price become close to important support area and trend line โ๏ธ
if
the price stay above the support area here and do not break the trend line to the downside, we will see more gain ๐๐
Please, feel free to ask your question, write it in the comments below, and I will answer.๐
SLP close to Fibonacci support ๐Based on the chart, the price is close to important support area and trend line โ๏ธ
if
the price stay above the support area here and do not break the trend line to the downside, we will see more gain ๐
Please, feel free to ask your question, write it in the comments below, and I will answer.๐