AXS made +50% in a 6 days. Congrats to traders who follow the scenario from previous idea about this alt!
📊After reaching and breakout the first target price return below the key level and start to squeeze there. Now we have expect the breakout of the trendline and if BTC start to grow the price easilly reach our second target. It`s the value area of...
$SLP trend lines show price is above short term trend line, that act of it as support didn't work well before.
so price possible to drop to support zone around $0.0032.
if price could have hold this zone as support a new rally will be start a new rally to $0.005.
and break down below $0.003 will drop price to $0.0015
A currency with a lot of news but a bad foundation that, from the point of view of a technician, reaches a good area to fluctuate. If you are working for a long time, it is not a good currency for you.........
SLPUSDT has got rejected from a major support zone at 0.00400. The price has been moving down for a long time but as we see it was able to break the bearish trend line. On the lower time frame we can see that the price has formed a triangle and it has already got out of the triangle. We can expect that the price continues to go higher to 0.00825
Based on technical factors there is a long position in :
🔵 Long Now or by Triangle breakout
🧯 Stop loss 0.00480
🏹 Target 1 0.00575
🏹 Target 2 0.00640
💸Capital : 1%
We hope it is profitable for you ❤️
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Hello everybody! It's my first Idea on SLPUSDT.
It can be raise from here to the top of Weekly Trend. and then I'll update my opinion.
I know lot of people are worried about SLP cuz of Axie Infinity incomes... but I see the bright days!
wait for the price to accumulate at the bounce area.
patience is the key, dont position and stop chasing the market
let the market chase you.
Description already at the picture.
slp making new all time low
and by June or this May, Price of slp will go up no fcklng lies
Market structure already telling where the price will...