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SpartaBTC
Apr 7, 2022 12:38 AM

SLP/USDT Main trend. 1 day timeframe. 4 Group 

Smooth Love Potion / TetherKuCoin

Description

The main trend. Timeframe 1 days. “Project” with a huge army of “disappointed”. The price drop by -96% since listing (the project is not old) since August. Now begins the phase of “return of faith”, you can potentially make money on it if you use your trading strategy correctly and comply with risk management.

When working on coins like this, you should always remember, the creators don't care about their cryptocurrencies. Money from the air, any sale at any price is a profit for them. Unlike the duped sectarians who defend their stupidity in the first place, because not everyone is willing to admit it. Faith is a terrible force, it can both create and destroy, depending on which cranium it resides in.

The idea of learning/trading in Russian explaining the process.

Overlaid on the graph is the psychology of the behavior of the sectarians of a given crypto coin (this coin as an example, there are hundreds of them).


Wake up at last. The basis of making money in any market is not guessing to believe/disbelieve in speculative crypto, but who you are and, as a consequence, what market actions you generate according to your mind and experience.

The foundation of your trading is your trading strategy and risk management based on your experience. Don't try to guess what you don't know. Don't inherit the majority of participants—market kamikaze (give in). Try to evolve and work by gaining relevant experience in what you didn't initially understand. Slowly but surely, day by day, become better than yesterday, leaving the millstone “experts” and anonymous “I know for sure” screamers.

Comment

Comments
Babenski
I agree with you
SpartaBTC
@Babenski, Thank you.
tianle03
I believe to what u say,. The recently pump is only for them, many TA here is a part of scam, they let people believe that bullish will remain long, I think it needs go back to .010 in order to have new ATH for slp but unfortunately nature of this.coin so much unpredictable that's why give.to other profit while others is destruction
SpartaBTC
@tianle03, Unfortunately, it is. Everything is detailed in the Russian version
zaayn
@SpartaBTC but we don't speak Russian here sir
SpartaBTC
@zaayn, Yes, I understand. But you can see what is happening now. Trade with caution like this.
zaayn
@SpartaBTC if you can make an English version, that would benefit a lot of users. i really like your approach and structure in the post.
TheTradersAvenue
good analysis, thanks
SpartaBTC
@TradingAxis, Thanks to. Glad to be helpful to people.
AtlasTrades
thx bud :) absolutely agree with your opinion about SLP/USD
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