SLP Falling wedge in making Target 0.06Orange trendline has to be broken in order to trap buyers and making falling wedge breakout pattern. buy back zone 0.0205-0.022, Target 1.618 ext around 0.06
SLPUSDT trade ideas
SLPUSDT updateIn the daily timeframe, the lagging line is still below the cloud so we expect weakness if it wants to move upward. In the daily, bears are still in control.
The current price is testing the EMA support, but it may fail if the StochRSI continues to wave downward.
This being said, we can't see any exciting movement upward, until the lagging line breaks the cloud in the daily. Sometimes, it shows you it broken out, but it is a fake out, so watch out (like in BTC). It is to lure gullible investors who depends on influencers who wants just to hype and more views on their contents.
This is the time whether you decide to take out your money, or still wait. So you see the importance of risk management now? :)
SLP to ~ $0.018 Alright we have quite a few things going on here with SLP.
1) Even though there's been news of Axie reducing coin supply to stabilize price, im still seeing in increase in supply by around 500,000 coins daily. That combined with decreasing demand does not make for a bullish situation at this moment.
2) We have rallied over 300% in about two weeks in combination with the daily ichimoku cloud touch. That cloud spans roughly 140%. This means SLP will have to rally another 140% with increasing daily supply just to break the bearish cloud.
3) We were in a beautiful bull flag on the 4hourly chart but the problem with this is the price made it pretty much all the way through the apex, which generally isn't a good sign. Especially after testing very heavy levels of resistance.
4) We have potentially a inverse cup and handle forming on the lower timeframes (4hr, 1hr) that would put the price right around $0.018. This also lines up with one of the very few major support zones SLP has charted in its lifetime, which you can see with the green box. If we do not react from here it is likely to go all the way back down to the price it was before this pump.
5) The 0.018 cent level also lines up relatively well to the .618 area on the fib retracement. A wick down to the green box would suffice.
6) This is not financial advice. Trade carefully.
SLPSLP is in a symmetrical triangle. Wait for a breakout to choose the either side. The trade could be risky so do not put 25% of your trading portfolio in this trade
$SLP TECHNICAL ANALYSISThis level will go bact to resistance trendline, previos support, if price can't go above it on the retest, cutloss.
SLP POSSIBLE PRICE BOUNCEWhen SLP hits the support around 0.024 to 0.025, a possible bullish run might happen if bitcoin approves.
Is this the end for SLP or.....?Hey there.
SLP/USDT is hovering around 0.5 Fibonacci level and this triangle. With a break above resistance line, higher targets will be in sight, however, a break and close below the support line, recent gains might get completely wiped.
I rather to be predictive rather than reactive and based on that, I chose to open a long position and set a stop-loss below the support line rather than wait for a break above resistance line.
I hope you enjoyed this analysis.
What do you think about SLP/USDT? Let me know in comments section.
Cheers.
SLP update Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck.
SLP pump nowRisk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck
SLP big update Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck
SLP update Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck
BULLISH ON SLPAbout to hit a major support level, bla bla bla bla bla bla bla bla, dude thats all I gotta say ........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
💥SLPUSDT LIKELY MOVE- TO FALL TO $0.025Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
As highlighted on this chart, slp broke the inner trendline and It’s restesting back to the breakout point.
I expect it to fall to $0.025 as the first target before we know the next possible scenario.
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
🔥SLP drop#SLP
🔥Short-term forecast!
▪️Declining volumes, I think it will fall even lower, not financial advice.
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Bullish Pennant Pattern SLP/USDTDisclaimer: *This idea is based on the observation of the formation of the Pennant pattern, I could be wrong. Don't enter a trade based on this idea. Do your own research.*
Chart Pattern: Bullish Pennant Pattern
EMAs: 20 - 50 - 100 - 200
(TF - 4h)
SLP chart 1Important moment for SLP, we can see a simetrical triangle pattern; now we have to wait for the breakout (dotted line target for pattern). (+support and resisstance levels)
Bullish Pennant Pattern SLP/USDT*This is just a quick study, it could be all rubbish. Don't enter a trade based on this idea*
Chart Pattern: Bullish Pennant Pattern
💥SLP - ANOTHER CHANCE TO MAKE 50% - 60%Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
The short term target still remain $0.0470 and $0.0500.
Did you make profit from my last post on SLP?
In my last post I gave a signal to pick a long position at the provided BUY AREA
Price is still within this buy area and hasn’t hit the stop loss given.
If you missed the last signal and still want to hop in on this, you can go in here.
SLPUSD BUY POSITION
Buy within - $0.0285 - $0.0335
Stop loss - $0.0255
Take profit 1 - $0.047 (60% ROI )
Take profit 2 - $0. 05 (70% ROI )
Risk - 10%
We had a false breakout from the resistance zone as indicated on the chart which led price back into the buy zone.
Slp may dwell in the buy zone before rising again and it can shoot out very fast.
What do you think?
Share your opinion in the comment section✍️
Follow me stay updated about this coin and more helpful projects like this🎁
Happy Trading💰🥳🤗
slp 15MinThe downtrend line in the time frame is broken for 15 minutes and we will go up if the line is tested again
SLP Bullish Pennant Pattern !SLP makes a bullish pennant pattern in 4H time frame. We can expect it to continue the bullish trend in case of break out.
Potential targets have been mentioned on the chart. Stop-loss can be set under the lower trend line.
