In my previous SLP analysis, I said that there is a high probability of a higher low in place at 0.015 and after a spike to 0.025 the coin started to consolidate above 0.02.
I'm bullish as long as the price is above 0.015 and a buy at this moment could have a 1:3 risk: reward if we target 0.045 previous high.
However, a return of optimism in the crypto market...
In the last week, SLP holders like us and not only us are very happy with the price growth.
The value of SLPUSDT is growing daily +40-70% and is already beginning to move into the euphoric stage. Although before that the value of SmallLovePotion token has been falling steadily for a little over 6 months and this unsuccessful investment has already been buried in...
According to the last analysis of SLP that we published if you check that analysis you will see that we shown the price can rise up to reach to the trendline resistance level and then its ready to dump to the sensitive zone area ( Blue Box ) that we shown on chart.
Wait until the target reach and be patient
Be with us and reign
SMOOTH LOVE POTION (SLP)
Daily chart...its gaining some legs
as well as some nice volume...lets keep
an eye on this Axie Infinity little bother
token.... prices and resistance listed. ITS continuing
to stay and close inside the consolidation purple box.
SLP/USDT Have many bad news in market
1st: A hacker stole $625 million from the blockchain behind NFT game Axie Infinity
2nd: Axie Infinity Was Losing Player Count Even Before the Crypto Hack
And Many Other Bad News If SLP Can't Gain The Reputation Now Then SLP Will Lost Everything & Everyone Lost Everything. Already Many People Lost Their Money in this...
SLP in cup and handle pattern waiting is ready to explode.
In case we break above the falling channel (handle) we will retest the neckline around $0.0250
In case bull take control and break the neckline, i'm expecting another massive pump!
Send it to $0.06
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I have tried my best to bring the best possible outcome in this chart, Do not consider it...
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.
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
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.
This is just an idea. Don't sleep on SLP. A simple chart if we flip at 0.23 fib at 0.021 level. Then long it. And take profit whether you satisfied with your profit.
Manage your own risk accordingly with that SL TP everything.