Please see chart for details.
The situation is simple. We need to hold the local lows and stay above in order to have a continuation of price bull trend. As long as we hold, we stay bullish.
Follow for more updates.
MTF EMA's have flipped, and it seems the short term support around $65 may become resistance. This is also a fib .382 level that we're sat on right now.
We're under the Ichimoko cloud, with downtrending conversion and baseline trend lines and lagging indicator hit prices already (all on hourly).
Looking at the feb speed fans, we're under the support levels and...
SLP seems getting ready to climb , And on the other hand, the dominance is falling , so we are ready for beatiful Pump on SLP
keep your eyes to the chart and enjoy
🌟this alt has a low market cap so it can collapse in price so easily that's why we cant risk to afford putting an stop loss and face the rise again
🌟this alt's main target is 1$ for now and after that we have to see what will market decide to happen next which will come up with an update for this coin
🌟severe risk potential so be careful with it if you are a safe...
The price is moving now into our direction, hoping for a deep continuation towards upside.. Bullish analysis still the same from our previous bias..
Previous analysis:
The market shows us a glimpse of bullish today were the market reacted from our daily POI. The market bounce off from expected area 👌
Confluence I have seen for LONG bias:
1. Mitigated D1 POI
2. Potential liquidity has been grab
3. Market reacted from our TL support
3. (Doji reversal candlestick pattern) in POI
4. Bullish harami in POI
5. Potential bullish...
Smooth Love Potion (SLP) forming cup & handle pattern. Massive 50% correction since the last pump and at the moment testing the support order block. Be patient and wait for the breakout for entry.
Target 1 - $0.2045
Target 2 - $0.2446
Target 3 - $0.2659
Target 4 - $0.3009
This is not financial advice, Please DYOR and place stop loss below $0.1501 or $0.1262
Smooth Love Potion (SLP) is plotting a gorgeous Harmonic Bat Pattern.
This bullish structure looks almost to have completed!
First target on breakout would be 0.33 (C) and then I would expect SLP to go on and target 0.41 (A).
NFA - DYOR - Please like and follow if you found this idea helpful - Thanks! 🤑
SLP/USDT
SLP is retesting the 50D Moving Average
If and only if this current level will hold
Expect a good bounce up to $0.3000
But a failure of support will fall to $0.1500
![SLPUSDT: Low Cap for your Portfolio[SLP\USDT]](https://s3.tradingview.com/z/ZYuOdypt_mid.png "Low Cap for your Portfolio[SLP\USDT]")
