SLPUSDT trade ideas
Trend broke, new path for slpSlp followed the trend line beautifull during the bull run.
I miscounted the eliot waves up, expecting a retest of trendline on wave 4, and wave 5 up to 0,06, but trendline broke, meaning the mini wave at 0,01 was wave 1, and the wave to 0,04 was 5th not 3th wave.
Expensive error, as i didnt take profit and had a stop loss under the trendline. But we live another day, and we get a chance to enter back in later.
So, new plan. Trend broke, this means Big ABC correction. You can already see the inner 5 wave down, 3 Wave up (today), 5 wave down coming.
61fib level is around 0,021, its also an area where there was lots of action before. Thats my golden pocket.
Wave A : 0,04 - 0,024
Wave B : 0,024 - 0,028
Wave C : 0,028 - 0,022
Dca back in under 0,022 for a nice new 5 wave bulrun to 0,060. So potential new 3x move, be greathfull, use stoploss under 0,015, local resistance up to 0,06 are shown in graph. 1:8 ratio. Hope i can ride the full length this time. Way easyer now with clear elioth wave path.
Round numbers where always resistances, so it will be the same. Ecpect some resistance at 0,04 0,05 0,06.
Like, hate, shet, whatever you want, as long as it makes you happy i dont mind (care)
SLP Short-Term Correction Starts | 875% Potential Profits UpsideWe looked at Smooth Love Potion (SLPUSDT) as it broke out and we warned of a correction that follows this initial move.
There is room for plenty of growth though after this correction is over.
Here I am mapping the path with red and green arrows.
We can see 155% short-term followed by 850%+.
Remember to have a plan and trade safe.
This is not financial advice.
Good luck.
Great success.
Good profits.
Good call.
Namaste.
SLP STILL BULLISH TO MAKE ANOTHER ONE STRONG UPWARD Hello my friends, today I want to talk with you about SLP
Last few days price grew without any pullbacks, so I think now is good time to make pullback.
I think in lest few days price can a little decrease to support zone
I think we're in that buying zone now
I expect another good upward movement
So be ready for such scenario.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
slp bounce?This is my first TA chart. Mostly based on seer signal's TA. It will most likely dip around 0.022 and bounce back to 0.0328. If the candle breaks beyond 0.0328, it could rise back to the previous high which is 0.0411. RSI shows a bullish divergence. In 0.0328 there's a lot of support which will be very significant if there will be a major dip or major pump.
SLP-USDT UpdateIt seems like SLPUSDT had a false breakout and the resistance line is still intact. It is probably in a correction phase after a great run up.
There is a battle going on in the circled area.
A bearish engulfing pattern is present on the daily so can expect more downside action possibly to the 50DMA unless trendline is successfully broken with the retest of the line.
* Not financial advice. Please do your own DD.
Retracement for SLP until where? Lets check in FIBPrevious post:
Now SLP need a retracement /correction since a big impulse has been made in previous days.
The Golden Ratio in Retracement in using fib is normally 0.618 - 0.786. I saw some retracement in SLP as well at 0.618 previously. Now it is possible that it will retrace @ 0.0246$ max 0.0215$. This will not be a retracement if this will go beyond that, meaning if this will go down below 0.020$ , SLP is back to bearish trend.
Now , we need at least to see a valid bullish divergence + other bullish signals when the price reach on that price. We can see now that in 1HR bullish div is forming. Hoping to reach 0.060$ in the next few days.
As of today, AXIE infinity announced that before end of Q1 2022 ORIGIN will be launched. This fundamentals news may affect the SLP soon and make a good growth.
Please DO YOUR OWN Technical Analysis, make this only as a guide. Message me if u want to learn my strategy.
Healthy retracement to trendAfter a nice 2th impuls wave to 0,04,we experience a retracement to the golden 0,028 pocket back to trendline we have respected all along.
This correction is following a nice bull penant.
We also see a bullish bat pattern , wich could mean we could have a third impuls wave blowoff top left.
Enter : 0,028
Stoploss : 0,0255
Target 1 : back to top.of trendline
Target 3 : if we can brake the trendline, next target is 0,056. That has always been my final target. :
Exact 2x from entry, with 10% risk. 1:10 ratio.
Not financial advise like ususl, just for testing my idras
An attractive idea (update)This analysis is purely a personal analysis.
Due to the expectation of a sharp fall for this currency, we are now facing a strong uptrend Which can be the beginning of a long-term uptrend or a short-term corrective trend....
But what is observed is the strength of the trend and shows that it is continuous
Two SLP ScenariosCurrent level of is at .0291 as a result from the minor dip from bearish divergence from the top that we have seen yesterday which initially projected a major retracement toward 0.023. This will likely be invalidated as bullish bias is getting stronger with the following reasons:
-Hidden bullish divergence
-within significant level (major support)
-support lies at the 0.382
-volume was relatively lower during the dips as compared to the rally.
With this premise, bullish bias expect us to rally 38% towards previous high at 0.0411 and will likely over shoot. Should we get a candle close above the resistance at the previous high, we will likely see another 79%
14x position in your hands $SLP #SLPUSDTIf $slp down for any reason to 0.0077 levels ,it will be the golden trade for 2022 targeting 1400%
this analysis will be cancelled if $slp climb above 0.069 at Dec2021 levels ,then we'll publish a new trade with a new target and stop lose
Have a fantastic weekend mate.
SLP STILL BULLISH AND CAN MAKE ANOTHER ONE STRONG UPWARD IMPULSEHello my friends, today I want to talk with you about SLP.
As I told you in my previous idea, SLP bounced from support zone and people who listen me now have up to 350% net profit, my congratulation :)
Last few days price grew without any pullbacks, so I think now is good time to make pullback.
I think in lest few days price can a little decrease to support zone (buy zone) 0.021-0.017.
In this buy area I will find new buy opportunities.
After this I expect another good upward movement for around 200% to our main target 0.06 USD.
As you can see 0.06 this is strong resistance level and I dont think that price can break it from first time.
So be ready for such scenario.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
SLPUSDT in 12H may potentially pull back a bit.Hello friends, it's me again the Maestro wannabe.
12H is good for swing trading. If you have bought on the bottom, it is a good time to take some profits here. Personally, I would take around 5% of my holdings. But it is up to you. 1D SLP is still not yet legitimately breaking out so there is a possibility that the market makers will fake us out (but I hope not). If in 1D it breaks out, bull run is indeed confirmed.
BTC and ETH chart is not that interesting, in fact, SLP is more interesting now with the control in its supply. Recently, I invalidated the theory that when BTC or ETH goes down, everything is dragged down it. Yesterday it happened but SLP is up by 30%. It depends on the chart and technicals guys, don't believe the bs narrative.
With this signal, SLP may pull back a bit in the following days, could be around 0.0273 in 8 ema support (yellow) line.
DISCLAIMER: opinions based on chart only, trade with your own decision y'all.