Hello,
Supply and resistance are very close to each other which means we are gonna see a breakout. But I believe if it will be a down move it will be much smaller than to the upside. So the reward is much higher.
Also, watch the devs as they may tune the burning mechanism for SLP and stop the selling pressure, I'm personally expecting this
Good luck and manage your risk
Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone.
Supply and resistance are very close to each other which means we are gonna see a breakout. But I believe if it will be a down move it will be much smaller than to the upside. So the reward is much higher.
Also, watch the devs as they may tune the burning mechanism for SLP and stop the selling pressure, I'm personally expecting this
Good luck and manage your risk
Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone.
Trade active:
Support* and resistance
Trade active:
SLP Burned/Minted Chart
www.axieworld.c...conomics/charts?chart=slpI...
www.axieworld.c...conomics/charts?chart=slpI...
Trade active:
weekly close at .07$ nice
ibb.co/nQ8Fpy3