Smooth Love Portion (SLP) remain one of my favourite coin for a medium to long time investment.
Apparently we have wave one and two complete and evidence suggests a third and powerful wave is set to unfold.
In all honesty, how far the market will travel no one can say for sure but with Fibonacci tools we may have a clues.
From some of the most familiar coins like btc, eth, shiba, elon, doge, dent and a host of others, I have observe that when wave two is a 61.8% retracement, wave three tend to travel 261.8% fib projection of wave one through two and/or 300% reverse Fibonacci multiple of wave one. And a cluster of both often offers a powerful turning point.
Based on this assertion, am confident that we might see SLP rally as high as $0.9...
Well only time will tell as we wait for price action to begin to unfold. Until then I employ you to keep a close eye and do your own home work.
Trade safe and trade with caution.
Don't forget to leave a like and comment
Love...
Apparently we have wave one and two complete and evidence suggests a third and powerful wave is set to unfold.
In all honesty, how far the market will travel no one can say for sure but with Fibonacci tools we may have a clues.
From some of the most familiar coins like btc, eth, shiba, elon, doge, dent and a host of others, I have observe that when wave two is a 61.8% retracement, wave three tend to travel 261.8% fib projection of wave one through two and/or 300% reverse Fibonacci multiple of wave one. And a cluster of both often offers a powerful turning point.
Based on this assertion, am confident that we might see SLP rally as high as $0.9...
Well only time will tell as we wait for price action to begin to unfold. Until then I employ you to keep a close eye and do your own home work.
Trade safe and trade with caution.
Don't forget to leave a like and comment
Love...