Smoothlovepotion
Smooth Love Potion (SLP) Harmonic Bat Pattern 🦇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! 🤑
SHORT OPPORTUNITYA few indicator show the SLP is at strong downtrend, and could be capitalized with short position.
As per writing, the flows within crypto market are also coming back into its main coins such as btc and eth, which means another point for suggesting that the SLP as a lower tiered coin, will go down.
Just my 2cents.
SLP Accumulation Phase?Right now we may be seeing a #Wyckoff #Accumulation Schematic on SLPUSD
Smooth Love Potion ERC-20 Contract: 0xcc8fa225d80b9c7d42f96e9570156c65d6caaa25
Smooth Love Potion *SLPUSD* is an ingame token earned by playing Axie Infinity.
AXSUSD has created a new all time high and there are over 2.7m axies in existence now!
Considering how you need a team of 3 axies this would allow 900,000~ unique players to own 1 team of axies
Some Stats
As of this publishing
AXSUSD ERC-20 Contract: 0xbb0e17ef65f82ab018d8edd776e8dd940327b28b
AXSUSD Market Cap: $2,311,888,586
24 Hr Trading Volume of Axie Shards: $6,613,496,185
SLP In Circulation: 541,173,609
SLP Market Cap: $165,549,901
SLP 24 hr volume: $268,186,618
ATH of AXS: $45.28
ATH of SLP $0.399727
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Smooth Love Potion (SLP) Cup and Handle FormationSmooth Love Potion (SLP) appears to be forming a cup and handle formation. If confirmed, I expect a breakout towards 0.40 and if this level is broken, a further push towards 0.70 area.
Not financial advice and please always DYOR! - Please like and follow if you found this idea helpful - Thanks! 🤑