As you can see in the chart, the price is moving between the two specified curves, and seems to have reached the end of its downward movement. And it is changing direction and rotating.
Curves can be seen even in "RSI". And the "RSI" curve seems to be broken upwards. Which is a very good sign.
Of course, everything depends on the "Bitcoin" trend. But I'm optimistic about the uptrend for "SLP".
1 hour time frame:
The "SLP" is currently being compressed below the specified resistance. And it all depends on which side the triangle will broken on.
Let me refer to the previous analysis:
The previous analysis triangle was broken upwards and a beautiful pullback was performed on the broken trend.
And finally 4-hour time frame and logarithmic mode:
What I called the "sad waterfall" in our previous analysis was fortunately broken up.
Lets see...
Curves can be seen even in "RSI". And the "RSI" curve seems to be broken upwards. Which is a very good sign.
Of course, everything depends on the "Bitcoin" trend. But I'm optimistic about the uptrend for "SLP".
1 hour time frame:
Let me refer to the previous analysis:
And finally 4-hour time frame and logarithmic mode:
Lets see...
