slpusdtHello dear traders, according to the volume and chart, it can be said that this currency is in a suitable position for an entry step.
There is also divergence and daily candle hammering
SLPUSDT trade ideas
SLP|Wyckoff Theory of Accumulation and DistributionGive your questions or comments
Based on fib extension, Volume profile and Theory of Accumulation and Distribution. It's a good time to buy and hold for high targets.
Also, watch the devs as they may tune the burning mechanism for SLP and stop the selling pressure, I'm personally expecting this
Good luck and manage your risk
Disclaimer: This is just my idea. Am not liable for the end results if adopted by anyone.
SLP Burned/Minted Chart www.axieworld.com
I believe if it will be a down move it will be much smaller than the upside. So the reward is much higher.
Check my previous SLP TA, it is still valid
SLPUSDT TO SKY ROCKET Bag some SLP now, we going to the moon.
Price could'nt break that strong support for days now and is about to break the downward T/L.
You can enter now or wait for the break on the 4H chart for more confirmation.
TARGET:
1st Target: $0.1
2nd Target: $0.15
3rd Target: $0.2
4th Target: $0.35
S/L:
$0.05
Always remember, this is not a financial advice. The crypto market is very risky and i could be wrong.
Invest what you can afford to loose.
Small Love Portions is exhibiting a bottoming structureAfter a massive 3-3-5 flat correction, Small Love Portions is ready to begin its rally.
Wave C = Wave A at 100% fib level with typical momentum divergence for wave C indicating the bottom is near.
Thoughts?
SLPUSDT LONGslp is good for now
its for axe infinity
we can long from here to targets and we have a small stop loss
Smooth Love Potion SLP (SLP/USDT) technical analysisWe can have some expectation about when the next uptrend could happen. If we consider the price as our tool to forecast, when the downtrend line breaks, the next uptrend wave will probably start. However, if we consider time, namely Fibonacci time tool for forecast, it become little tricky. As it can be seen, each time the price went up and then corrected, the time it took to go up and the time it took to correct almost doubled and tripled, respectively. If this trend holds true for future, the next uptrend must happen around the area of Fibonacci time line 2 and the last vertical green line. Also, the area intersection of downtrend line with the Fibonacci time line 1.618 is a strong one. Anyway, we have to wait and see if the downtrend line breaks and/or if there is an increase in buy volume, then we can decide.
Smooth Love PotionWorks in the field of games
It will soon be one of the Metavars currencies. It has gone through a downtrend from its historical ceiling and is now on its own static support.
It has a small market cap and is a bit risky
Engage a small percentage
Long (SLP/USDT)In 1D timeframe, we are in the Demand Zone. This is the opportunity to buy at lowest price. Bullish Divergence structure was formed and the price is expected to go up. DYOR.
SLPUSDT Midterm Long x5-x7 Buy : 0.0670
SL : 0.0570
TP1 : 0.123 (83% profit) (close 30% of position)
TP2 : 0.28 (317% profit) (close 50% of position)
TP3 : 0.51 (750% profit) (close 20% of position)
Midterm long position (2-3 months) with trailing stop (10%)
"SLP" is a big "Axie Infinity" scandalIts true that the whole market has been declining, but this currency is becoming a "SHITCOIN" due to the big scam of game developers by increasing half a million tokens.
The responsibility for the current situation lies solely with the ignorant team that created the game.
However, if they didnt manipulate the market, the price would have stabilized and was ready for a good jump.
I apologize to all those who have been following my analysis during this time. In terms of technical analysis, everything was right, but unfortunately I ignored the theft of the builders.
If the red line is broken, the situation becomes very bad. But if the price is well supported, it will break out of the downtrend by breaking the yellow and green lines.
Lets see...
Wyckoff AccumulationThe distribution is sideways and a range-bound trading period. It usually occurs after a prolonged uptrend. This is the trading zone where big players build short positions or distribute long positions and wash out retail traders.
SLP going down to .033 ? Hi,
SLP broke critical support and retesting it as a resistance. If it can not break this resistance it might tank down. Have a look and please share your idea in the comment.
Thanks.
Regards,
Who did trading mistakes like you
Can it?Yes sureWhat Is Smooth Love Potion (SLP)?
Smooth Love Potion (SLP) tokens are earned by playing the Axie Infinity game. This digital asset serves a replacement for experience points.
SLP are ERC-20 tokens, and they can be used to breed new digital pets that are known as Axies. The cost of breeding begins at 100 SLP but increases gradually — rising to 200 SLP for the second breed, 300 for the third, 500 for the fourth, 800 for the fifth and 1,300 for the sixth. Axies can be bred a maximum of seven times, and the seventh breed costs 2,100 SLP. This limit exists in order to prevent hyperinflation in the marketplace.
It can take time to accrue SLP through the game, and a player may need to win 15 competitions in order to gain enough tokens to perform their first breed. Purchasing SLP on the open market is a way for gamers to get a headstart.
SLP analysishey guys how you doin today i have a chart for smooth love potion.we have to divergence,one in RSI and MACD.there is good for getting long position,and i saw the MA 12 24 50 and they are in great position too for having motive waves.thanks for giving for your time and observing.
SLPUSDTSlp is currently at ATL, bought some at cmp.
SL 10% below buy zone.
TP targets is as shown on the chart
this one is still one of those that you can safely get in!the green box below is the most important SUPPORT ZONE that it can ever be and the most important RESISTANCE ZONE and a perfect TRIGGER is the BLUE line above!
just manage the capital of the trade and get in to this beautiful opportunity and don't miss the ROCKET that we got here!
I marked every thing on the chart so I didn't mentioned TARGETS in the TEXT!
SLP is on its way. Accumulation zoneGive your questions or comments
Based on fib extension, Volume profile and Theory of Accumulation and Distribution. It's a good time to buy and hold for high targets.
Also, watch the devs as they may tune the burning mechanism for SLP and stop the selling pressure, I'm personally expecting this
Good luck and manage your risk
Disclaimer: This is just my idea. Am not liable for the end results if adopted by anyone.
SLP Burned/Minted Chart www.axieworld.com
I believe if it will be a down move it will be much smaller than the upside. So the reward is much higher.
Check my previous SLP TA, it still valid
slp game axiIt is at the end of a long-term downtrend on a very strong static surface and can have a sharp move.
Buy slp againThere are two scenarios for slp to rise again. And according to daily slp transactions, it is more than $ 500 million. If this volume of transaction has entered the market to buy slp, wait for a pump.
SLPUSDT in Accumulation Period & Main Support [Low-risk Setup]Good day, TradingView fellows!
In my opinion, the market price is a good buy opportunity given the fact that we are currently in the accumulation period this past few months and also hit the main support four times. You can also add to your entry after the 20-day cross. I am anticipating it will hit $0.1323 and $0.2099 by this December to the first quarter of 2022. This idea is suitable for swing traders or long-term traders.
Entry: $0.0595
TP 1: 0.1323
TP 2: $0.2099
TP 3: $0.3305
I hope you gained some ideas in this first published idea of mine. I only have a small trading capital as I am still a student, and this is my first year in trading. Hence, always DYOR (Do Your Own Research) and trade at your own risk.
The idea published is not a financial advice. The content of this idea is solely the opinion of me who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. This does not guarantee any particular outcome.
Give this work a thumbs up if you like it. Follow me here on TradingView for more upcoming ideas. Thank you so much in advance.
Good luck,
Alexis
Bullish Alternate Bat With RSI Double Bullish DivergenceWe may see it bounce here at the 100 percent retrace due to the divergence but if it doesn't then will try again at the 1.13 retrace.
SLP, NICE SUPPORT...!We can expect a good jump * if the 4H candle could be closed over the pointed support.(Veeeery immmmportant!!!!)
*Note: no financial action suggested.
