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SaiphRigel
Aug 25, 2021 11:51 PM

SLP update Long

SLP / TetherUSBinance

Description

Been a while since I looked at SLP's chart (or any chart in general), but this looks beautiful on higher time frames. Looks like it recently broke out of a prolonged descending structure and is ready to go higher, although not sure how long it will take to skyrocket just yet. SLP has disappointed in the past with lowly pumps, but in the short-mid term, this should go further up. May need to cool off on lower time frames first, as it appears there's a continuation pattern forming (C&H vs flag). If I have some time, I will likely do a more in-depth analysis with more indicators, but I love to keep it simple when possible.
Comments
culturalHunter97880
Do you have any targets?
SaiphRigel
@culturalHunter97880, no specific targets at this time, waiting on Bitcoin, but I wouldn't be surprised if it tests it's ATH in the short-mid term.
culturalHunter97880
Love the update. Thanks
SaiphRigel
InkyGrip
Upvoted. Great technical setup, well done! 🦐
SaiphRigel
@plancton0618, thank you
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