Kingsley_lotanna

SLP (4H) WAIT IS OVER - #SLP

Long
BINANCE:SLPUSDT   SLP / TetherUS
Smooth Love Portion Coins 4H have held down investor's cash for sometimes now and i think that wait will come to an end this week.

From the current price actions, SLP broke out of structure on 4-Nov, made a move upside until 0.1350. I tell you what? this move needs to be corrected until 70%-88.60% of its FIBONACCI level.
If you check your charts you will see clearly that price have hit and exceeded this level but not below 100% yet which is a strong indication that price will reverse abruptly in no time.

Pay attention:

1. POTENTIAL BOS - Am looking to see price break out of this level and quickly head to correct the OB level for the downside BOS.

2. OB + TARGET 1 - This is the level i expect price to reach before any halt for retest. It makes sense to buy some positions now and close them at this level while waiting for your already open positions to turn green (quick money)


There are chances that price will just blow past this OB+TARGET level for EQH. I try as much as possible to react to price action rather than predict them, hence I will keep updating the situation when it see changes.


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unfortunately bitcoin drop affected most of the coins. Someone remind again why we are trading other crypto coins since slightest bad day for BTC affects them allπŸ€·πŸΎβ€β™‚οΈπŸ€·πŸΎβ€β™‚οΈ

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