What is SLP in Crypto?
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Smooth Love Potion (SLP) is the in-game digital currency of the Axie Infinity gaming metaverse. It enables the game's players to breed collectible digital pets — known as Axies. The overall demand for SLP tokens has grown such that they are also traded on cryptocurrency exchanges.
SLP has formed a potential Leading Diagonal, implying that impulse is now towards the upside
Currently retracing as Subwave 2, and is worth opening a Long position w/ the Stop Loss intact
Confirmed Breakout to the upside?
SLP is currently testing the broken resistance thus turning it into new support. We need to see a bullish 4H candle close in order for this move to be valid. Moreover, the price is currently sitting at 61.8 FIB which is making a new HL (higher low) structure.
Hello, Tradingview community. Today I'm going to show my view on SLP. SLP has broken the local resistance and is seeing it as a support zone making correction. Analyzing the chart it is seemed that next target is between 0.0395-0.0405. Good luck in trades, buddy.
SLP will be able to touch price range (0.054 to 0.06) in Daily Time-frame.
If break this PRZ then It will go for mid-term targets.
but in 4H Time-frame needs to correction at least till fibo 0.38 - 0.618 then go for price range 0.03-0.04
If the trend line breaks, the uptrend ends
always make your analysis before a trade
it is not offer to trade.
good luck
If...
Hidden bullish divergence and bullish harmonic at 1H TF. We can bounce at 0.0261 and reach 0.0315 and 0.0320. We can also dip lower at the current level which is around 0.0249 but we will still bounce from that level.
As I told u in my pervious analysis slp should have a beautiful uptrend and exactly it start the huge uptrend in the support that i drew for u and it experienced 50% rise
I wish u all use that
Your friend Barbod
SLP / USDT
Slp on the show again
Now its facing strong resistance of broadening wedge
if breakout done successfully ..
next resistances levels are shown in chart
Keep your eye on it
Hello traders!
SLP is 90% up from last month's low and I am expecting a little more push before any downfall.
SLP is at the reaction zone and reaction zones are not the support and resistance zone but it's the zones where the market forms different kinds of patterns.
Currently, it looks like it's forming a pattern below the reaction zone and it can pump 20/25%...
Here we can see that SLPUSDT (Smooth Love Potion) is getting ready to continue straight up...
After the initial breakout yesterday, we can see only two red candles as retrace and now immediately we see additional growth.
We have really good strength, so we can expect the next Fib. extension level to be hit right away... Notice the green arrows.
The blue square...
35% Profit done so far with 1x. This chart is in logarithms grids. Looks like the Cup&handle pattern neckline target is 0.040. Once break and flip at 0.040 level upside then we're going to higher n higher again. And the target would be 0.094, 0.1345.
Manage your own risk accordingly with this setup.
SLP/USDT strong potential in parallel of AXS (Update) - NFT Sector
Smooth Love Potion ( SLP ) tokens are earned by playing the Axie Infinity game. This digital asset serves a replacement for experience points.
SLP are ERC-20 tokens, and they can be used to breed new digital pets that are known as Axies
SLP is also unique because of how it has become one of the...
Although SLP has unlimited supply, technical analysis is still working in this coin. wyckoff pattern was shown last time in SLP and works properly
As you can see it works here..
Now we need to complete the Wyckoff Re-Accumulation. LPS & SOS should be visible in the next few days so SLP will go up again after this.
This will be also possible since end of...
