>Candlestick forming a W Pattern in Daily TimeFrame
>RSI 14 Oversold area and formed multiple Divergence
>Volume increase
>Bollinger Bands 50 getting thinner an indication that it's about to explode/pump soon.
#1 Minor Support/Resistance @0.08-0.09 (Php4-4.5)
#2 Strong S/R @0.1200-0.1400 (Php6-7)
Will consolidate once hit
Just a possibility :D
>RSI 14 Oversold area and formed multiple Divergence
>Volume increase
>Bollinger Bands 50 getting thinner an indication that it's about to explode/pump soon.
#1 Minor Support/Resistance @0.08-0.09 (Php4-4.5)
#2 Strong S/R @0.1200-0.1400 (Php6-7)
Will consolidate once hit
Just a possibility :D
Comment:
Also remember, this coin is used to reward players in Axie Infinity, there's a possibility that players are holding their SLP waiting for the price to go up to a certain price then sell which may cause big drop again in price. Hope that the developer have a plan for this.