SLP is now in a descending wedge, if this wedge plays out it can yield huge profits.
Ready to fly up Fundamental news and low production raise prices.
No matter how much technicals show us that we are bullish, SLP's current economic conditions of supply and demand come to the detriment of any chart analysis. The price has continued to stay in a corrective pattern. With elliot waves count, this should indicate a near end to this ongoing correction. Rsi and Stoch RSI are both showing oversold on 1h and 4h, while...
SLP/USDT looking Falling wedge pattern, Buy after breakout
SLP is forming a triple bottom which may end the correction. There is also divergence on MACD. Buy targets where I will take profits: 0.20 (20%), 0.25 (30%), 0.33 (50%). Not financial advice. Do your own research/analysis.
Hi dear friends, hope you are well and welcome to the new update on the Smooth Love Potion ( SLP ) token. On a daily chart, SLP has formed big bullish BAT.
SLP has consolidated enough and now it is ready to break out to 0.22 and then 0.30 soon.
Confirmation and retest of breakout in process. We are looking at our 3rd elliot bullish wave. Hong on for 0.50
SLP has broken its descending wedge and is ready for a terrific climb.
Welcome back Traders, Investors, and Community! SLPUSDT on H4 has broken above the triangle and is going for the retest. After a successful retest it will go up. ⬆️Buy now or Buy at 0.15 ⭕️SL @ 0.26 ✅TP1 @ 0.17 ✅TP2 @ 0.176 ✅TP3 @ 0.183 ✅TP4 @ 0.20 ✅TP5 @ 0.22 ✅TP6 @ 0.23 ✅TP7 @ 0.25 Check the Links in Description and If you LIKE this analysis, Please...
SLP economic changes taking full effect 21st on August. Technical analysis helps fundamentals. Elliot wave count + Hidden Bullish divergence on indicators
Looks like SLP is near breakout from 40 days long descending trend line... Don't miss this...
(0.1703 - 0.169) Key points based on a previous bull run 0.18758< Long Take Proft 0.1666 < Stop Loss I have reviewed it at 4hr but simplified it to a 30-minute chart. I think a larger stop limit would need to be in place to allow for the full potential take profit. Rebounding well from oversold indicators. Could - potentially signal a swing and a cheap...
New Draw Up for questions around SLP. Draw Up -1 Hour Chart 50.493 RSI Stoch RSI - Just about to cross signal (14,14,3,3).76-79 Keep an eye on the 50-day moving average. 4hr Chart - figures at the time of writing. 42.2 RSI Stoch RSI - (14,14,3,3). Just crossed back over signal 61 - 57 I left indicators there just to show what I normally work with but feel...
Looking at the market structure of Slp when my friend Christain Onyemetu sahred an insight of the coin to me. I looked at monthly chat and noticed that the general market of slp is overall bearish and the price is also trading at demand zone, so I marked my order block and drew my trendline and they confluenced at $0.177 and I mark there as my point of interest...
Looks good on multiple time frames , Buy after breakout only . Targets are : $0.26 & $0.33
SLP USDT UPDATE So I decided to end SLP backlash tonight. Smooth Love Potion (SLP) holds a great value in itself, you can read the details about his project here: coinmarketcap.com TECHNICAL ANALYSIS On the day of signal, SLP was mentioned to be bought in ladder under 0.24 - 0.32 range as it was obvious that breakout is due. Due to the falling wedge pattern...