$SLP at trendline, 2.8 risk/reward$SLP is currently at the support of a rising trendline, and we have our risk well defined for us below the previous lows. Targets seem also clear, and this allows for a good risk/reward trade entry.
SLPUSD trade ideas
SLP Bullish GartleyRSi hidden bullish divergence + higher lows , Bullish Gartley on the 4 hour , AXS also has similar structure, breaking pennant and successfully backtesting breakout / pattern completion zone. ATHs for AXS imminent, SLP as AXS little brother to follow , expecting a move to the 1.618 here
SLP price going USD 0.13SLP is trending in an upward direction on 4H timeframe and I wished to share my plan below:
Targt0.139800
Entry 0.080000
SL.....0.075000
TP.....0.106150
Thinking SLP is going to make its run....Have been looking at SLP and noticed today there was a strange shift in its chart at the weekly and I believe Daily Level. It has a lot of upside potential. Seems to be forming some kind of bottoming out out today. I am expecting nice gains in the coming day or two. It kind of moves like a shit coin.
SLP still in a downtrendThere are currently no signs of recovery for SLP both fundamentally and technically. There is just simply too much supply for SLP which makes the price goes down because of the law of supply and demand. In a technical perspective, it hasn't broken any major resistance meaning it is still in a downtrend. BINANCE:SLPUSDT
SLP high?Will the buyers won or not?
it seems the sellers are stopping and the buyers are stepping in..
will the buyers win or will sellers push the price even lower?
