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Jul 18, 2022 5:16 PM

Smooth Love Potion #SLP $SLP (Jul-18) Long

SLP / TetherUSBinance

Description

SLP is moving in a Symmetrical Triangle pattern and on July 13 it made a False Break, which is a sign that a breakout from the pattern on the upper edge is very likely.
We can start accumulating SLP around $0.004 and wait for a strong rally at the end of July. The $0.006-0.0065 zone is the strongest resistance area that we need to pay special attention to. As long as it breaks through this zone, SLP will have very strong rallies.
However, if SLP loses the $0.004 zone and breaks the lower edge of this Symmetrical Triangle pattern, we can wait to buy it back at the $0.003 zone for a recovery and it can fall sharply to the $0.002 zone to end the grand downtrend there.
Comments
tianle03
After almost 25percent up, were going back to triangle..
tianle03
I think is more likely were going sub. 004 then to .sub . 003
agbesi100000
@tianle03, where is it going now? :)
tianle03
@agbesi100000, that's technical analysis it can move either way.. because i forgot that we hit 52weeks on June 15, I can say we're in bullish phase..
ShadowBoss38
friend tell me the global goals if they will be
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