That fifth wave 🥳The price action of SLP suggest we still have one more potential move to the upside.
And the move can occur anytime soon with a break of the potential triangle pattern.
Trade safe and manage risk accordingly.
SLPUSDT trade ideas
SLP/USDTHello Guys,
I hope your well. Here is the chart for your review and education purpose only.
Please like and follow
Thanks
Crypto VJ
slp.usdtFriends should note that this is just a mental image, and according to this pattern, I think there is an upward trend in the 4-hour time frame.
SLPDaily analysis shows down trend with correction. However market does not have more correction potential.
SLPUSDT New support formed and expected pumpOur long position at the lowest price :
after hitting +300% profit targets now positions are in +200% profit also high volume here is a good sign and if new support that formed here remain valid we can expect more rise and pump here like green arrows.
<>
SLPUSDT seems bullish on long termIt seems like we are still in the first wave of Elliott. Then I expect some price reduction and then to see the strongest impulse wave of 3 soon.
This is not a financial advise. Please do your own research!
"Paper Trade" Chart pattern Double bottomThis Idea is paper trade only, I am a newbie in trading and want to learn more about tecnical analysis that's why I am doing this for learing. I combined all the knowledge I've learned on my self study that's why i came up with this Idea.
SLP correction is not over.I think it cannot jump from here. SLP needs to gain more foundation.
If it jumps from here it is not gonna jump high.
My prediction is it will sideway downward back to 0.021 and then wait for a
reversal.
SLP moonshotSLP moved 370% in 7 days, based on that and a prayer, I think my thesis holds water.
Wave count is almost textbook, but watch out for 3 and 5, they can fly.
Expect a lot of chop between 3 and 4, if SLP gets there.
Keep in mind that SLP is making a comeback from all time low.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
Smooth Love Potion | The Path to 875%Smooth Love Potion (SLP) had a major breakout two weeks back and it is now entering its second wave.
After the initial breakout we get a correction and then additional growth, this is marked by the red and green arrows on the chart.
The sideways consolidation can vary, for example:
1) You can see a 7-9 days total correction and then prices go up.
2) Or, you can see 15, 20, 30 days total correction and then prices go up.
In both cases SLPUSDT would stay within the previous low.
1)
2) Main chart above.
Patience is key.
Many more opportunities are developing.
While the markets consolidate take the time to study.
Support my work with your love, likes and comments.
I'll be back again tomorrow.
Thanks a lot for the amazing support.
Namaste.
SLP/USDTDraw This Trend Line for your self for #SLP and set SL below trend line in closed 4H nothing else and can pump for new ATH
$SLP - Symmetriacal triangle tradingA Simple plan for a self defeating symmetrical triangle. If your are not sure as to which side its going to break to, you can create a dual trading plan. For instance if c is penetrated then a short will be triggered, conversely a long position will be opened when d hits. This is one ewt you can never loose in 1) its easy to identify and 2) it gives you the opportunity to go in either direction
Scenario 1: wave marked pink
This implies that we have a bearish setup and hence expect a breakdown. Since we know that E can't go above D, a long position is placed slightly above D
Scenario 2: wave in brackets
Conversely, E can't go below (D) and an ideal position for a short would be just below (D)
This setup prepares you for anything the market direction
#SLPUSDT 3H Chart
Price is respecting perfectly all orderblocks as it recently got rejected from the 3h supply zone at $0.345 and it is currently bouncing off the 3h demand zone at $0.28. MACD is showing some bearish weakness, RSI and EMAs are neutral. If price breaks below this 3h demand and closes below $0.26, then it would be diving all the way down towards the 12h demand zone at $0.21 before seeing a bullish reversal. It needs to close above the high at $0.32 in order to turn bullish again.
SLP 4HAs long above the support of 0.0241, it is an uptrend and we can go up . If an important support area is lost, there is a possibility of a 20 to 40 percent drop
KEY LEVEL 0.0241
Medium term speculation in slp currencyThere may be a good opportunity in SLP currency in the medium term
SLPUSDT Short #SLP #Smoothlovepotion I think SLP will dump huge today because of Bitcoins bear run (FED meeting today).
Beautiful H&S pattern.
Didnt wait for the breakout since if it happens, i think it will be flash-dump.
Tight stop loss on the other side.
RRR is apprx. 3x1
$SLP update- 14.02.22Scenario 3: flat correction
Going above D invalidates the short setup and would look for a scalp long.
Dual trading (always prepared for any outcome)
slp.usdtAnalysis updated.
Guys, this is the pump
Only if the Fanda news is not bad will this trend continue for a long time.
$SLP Thoughts -14.02.22Scenario 1:
We are playing the motive wave, if that's the case, wave 4 unfolding in a contracting(symmetrical) triangle will break down completing the motive motion.
Scenario 2:
Given we are in a corrective A-C, I see us taking the downward side as well.
