SLPUSDT trade ideas
Smooth Love Potion (SLP) broke out longest channel.Hi dear friends, hope you are well and welcome to the new trade setup of Smooth Love Potion (SLP) token.
On a daily time frame, SLP broke the longest down the channel. There is also a bullish divergence as priceline is forming lower low and RSI is setting higher low.
Buy between: $0.022 to $0.03
1st target: $0.04
2nd target: $0.06
3rd target: $0.10
Final target: $0.35
Stop loss: Below the support of $ 0.0175
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Slp eliot wave bull impulsEverything is in the chart.
Since axies changed slp from inflationary to deflationary system by burning instead of printing new slp coins, the long bleed has stopped.
The fundamentals and the btc pump, might give you the best trade of the month by far. If you are in at 0,01 this could be 5x in a week.
1st big wave = 5 smaller wave impuls 0,01 -> 0,024
2th big Abc correction 0,024 -> 0,18
3th big wave = we are in it now. There are 3 targets (based on daily/weekly resistance) 0,18 -> 0,32
4th big abc correction
5th final push to 0,05+
SLP trading ideaIt's been probably 1.5 year + since I made trading analysis on $slp $eth trading pair. Now I am back.
SLP is impossible to chart. Why? Because Its highly inflationary and currency is meant to be a reward for $AXS game players. Because of it's super inflationary nature #slp shouldn't be held LONG term
...unless something changes on its fundamental level.
This is trading channel. Could fall to 0.005$ or rise to 0.012 or even above 0.02$ per $slp. Who knows. This shitcoin that shouldn't even be traded on such exchanges as #binance, #bitstamp or any other reputable exchange in fact. It's not fair to noobs (or anyone in that matter). 98% loss within half a year???
SLP fall 98% from ATH and made 150% from LOW, more profit ahead.Hello TradingView community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much and we will start.
Today I want talk with you about SLP chart.
Last few days SLP made 150% net profit from low.
And I think SLP will continue to grow because after such big fall fro 97% price need to made at least some small correction up.
I think SLP first target is around 0.066 and 2nd target is around 0.13-0.14 USD.
To reach 0.066 price need rise for another 200%, this is x3 profit from current levels.
To reach 0.137 price need a rise 500%, this is already x6 from current price 0.023
Also my congratulations who bought SLP from my last idea, you already have 100-150% profit.
I think SLP will continue to grow and will soon we will see it.
So, I'm waiting for this scenario.
This is my opinion, I really hope this will be useful for you.
Be ready and take care your money. Have a great profit !
SLP SMOOTH LOVE POTION (AXS) This coin will make you enjoy crypto
Make sure you give me some rep points
This coin is used to power the
AXIE INFINITY METAVERSE
AXS was one of the first coins to bring us some bull run pamping
Enjoy and watch with popcorn
You made it
Hard work pays off
Now.....those rep points please
SLPUSDT possible longSo SLP is pulling back, after pumping 100%.
As a possible support i see the local CC fibonacci line up with the value area low of the range.
If this does not hold, i am looking for lower, possible that we visit the lows of the range again, if BTC starts a pullback.
No financial advice
Papertrades only.
SLPUSDT in a Nut ShellSLPUSDT or SLP in general has been notorious online for the past couple of days due to its continuous downtrend; however, with the new updates coming up it is currently under going a pump. With today's candle (02/08/2022), we should look at it as a point of reversal for a bearish trend. It is possible, but we need to take into consideration the divergences. As seen in the Stochastic RSI and the chart itself, SLP is no where near losing its current momentum as the volume also increases along with the uptrend in price.
How far do you think SLP will go? We can see the price going up to 0.044 and should that break, then it can resume its momentum from prices 0.095 to 0.1216 which also serve as its PRZ or point of reversal zone. This is a very important zone because this will be the area for another major correction for SLP. In the future, I can personally see this forming a double bottom but due to lack of data, we can never really tell. For now, let us all enjoy the ride to 0.044 and let's see if a bearish (strong one) will lead for it to go down another correction.
Disclaimer: This is for educational purposes only.
SLPUSDT Strong Bullish DivergenceIn our previous analysis, we talked about when to buy SLP and it completely hit our bounce area or our major support so now let us talk about the daily TF. In the daily TF, SLPUSDT showed a bullish divergence (strong). Can we expect a reversal soon and a strong one at that? My target is to 0.035 resistance before another tip occurs.
Disclaimer: This is for educational purposes only.
SLPUSDT Hidden Bearish Divergence What a run guys!
I am shorting SLPUSDT. Seeing the hidden bearish divergence on SLP/USDT and BTC/USDT had a regular bearish divergence.
BTC had a nice run but seems a bit tricky to me at this stage. Hopefully find support round 41,5K and lining up with 0.618fib on SLP around $0.0147
Good luck and stay safe!
Cryptodjens
SLP/USDT2 days ago.News source coin market cap
The play-to-earn NFT game Axie Infinity is changing its SLP rewards structure for Season 20.
The price of AXS token has soared 40% since announcing it would reduce the supply of SLT tokens.
Axie Infinity has a $6M prize pool for the upcoming season.
These changes are to ensure the economic sustainability of the game.