Mid Term Target : 0.0398
Long Term Target : 0.0636
StopLoss : 0.0188 ( or you can simply just hold it ;) )
Reason to enter :
Be carefull in financial markets
🟢 SLP is trying to break the descending trend line. If SLP is able to break above $0.02 and Close above EMA 200 then It will move towards the upper resistance of $0.0225-$0.023 area. The support level remains the same. Wait for a breakout or rejection before opening a new trade. Use proper stop in all your trades.
⚠ This Analysis Will be Updated.
✍ Analyzed by...
white moving avg holding pretty well here - good potential for upside, also we can see broken channel trendline of descending channel, retracenemt after 300% almost hit 0,786 level.... i am for upside here
THIS IS NOT A FINANCIAL ADVICE
I AM POSTING IT JUST FOR EDUCATIONAL PURPOSES
It's been probably 1.5 year + since I made trading analysis on $slp $eth trading pair. Now I am back.
SLP is impossible to chart. Why? Because Its highly inflationary and currency is meant to be a reward for $AXS game players. Because of it's super inflationary nature #slp shouldn't be held LONG term
...unless something changes on its fundamental level.
Unfortunately, due to the large supply of tokens in the market, there is a NOT possibility of price growth !
But due to the reduction of token holders and selling our tokens at a lower price, I think we will have a good climb.!
image : mega.nz
Good afternoon everyone, speculators and investors.
1. The first thing I want to say is the aggressiveness of people who do not believe in this project and this coin. Under my last post, a lot of different opinions gathered, you can read it, but in general the picture is the same - people are not happy, people are losing money, closing a huge loss (on Twitter,...
Im back after a long time. I decided to use my time for making new ideas.
This not a too risky trade. We are here for only %5 or %10 profit.
Please do your own search.
Entry area 0,037 - 0,0390
First goal 0,041
Second goal 0,045.
Love you all, stay safe.
This is not an investment advice.
Be Patient and keep buying.....SLP has a good Team than any other Token in this cryptocurrency world. Big Company Axie Infinity Online game
Patience is the key though, just keep buying. Buy before the Bull run
SLP will surely go back to $0.4 and beyond, It has been at this current price before, not new. People who are lucky to buy the dip now will enjoy the pump...
You can consider 0.055 - 0.06 as a strong support level, it's a good place to buy and invest
Higher Highs and Lower Lows are happening
Also you can see a channel on chart which the price may move in it for a while
And also consider Bitcoin trend before or during your investments
According to my last idea about SLPUSDT : After 25% growth it dropped below the...