A few indicator show the SLP is at strong downtrend, and could be capitalized with short position.
As per writing, the flows within crypto market are also coming back into its main coins such as btc and eth, which means another point for suggesting that the SLP as a lower tiered coin, will go down.
Just my 2cents.
Go long as AUD make very strong bullish and breaking 2 minor resistances within 2 weeks. Potential to reach 0,81 If breaks out towards 0,9 and maybe back into more than 1 USD. We could track the correlation with the commodities prices should the prices fall, expect the AUD follows.
Also, most of traders are putting short 'cause too much watching The Big Short...
