TradingOn

$SLP/USDT 1D (Binance Spot) Symmetrical triangle breakout

Long
TradingOn Updated   
BINANCE:SLPUSDT   SLP / TetherUS
Smooth Love Potion is hyped and could go for another run.

RR= 1:3.5
P= +128.06%
L= -36.64%

Entry Targets:
1) 0.2331

Take-Profit Targets:
1) 0.5316

Stop Targets:
1) 0.1477
Trade active:
Take-Profit Targets updated:
1) 0.3344
2) 0.5316
Trade closed: target reached:
TP1 brought +43.46% (1x) and +1.19R

Good thing we partially took profit on Smooth Love Potion since it is pulling back.
Next target is still in play but we need to be very patient here, it can take a few weeks!

Trade closed: stop reached:
Remaining position hit SL after TP1 with -36.64% and -1R

Smooth Love Potion lost 20EMA which has been acting as resistance all the downtrend after that.
Seems like recovery is around the corner, we'll try to buy back very soon!


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