SLP Daily is still in the consolidation box..looking greatSLP daily chart is still consolidating in the purple box and that’s totally fine…the longer the sideways action, the bigger the explosive monster move it has the potential to make…I did this update from my phone so excuse the smaller chart, but the idea is once we break above the descending trendline and the daily candle closes above, the Nitrous button will be deployed and let’s see what Axie Infinity’s little brother token can do…I believe possible over 1,000% gains in the near future but we will have to watch daily RSI…
SLPUSDT.P trade ideas
#SLPBUY at the zone 1 and use takes as i scached. If we go down to the zone 2, then on the bounce we are selling 50% position at the zone 1 (where we buy the first time) and the rest holding for higher aims TP1, TP2, TP3. If we go lower and touch zone 3 then we are selling on the boune to the zone 2 80% (where we buy the second time) and the rest holding for higher aims TP1, TP2, TP3. I use 20 percent of deposit for this idea. Make sure you sell at the points i have mentioned, this way we can control the risk and work with position if price goes lower then i have expected. if it happens ill update. Have a good trade!
SLP/USDT Potential channel 340/118%. Wedge.Potential channel 340/118% price in its lower zone. The volume of buyers is observed. Wedge (secondary downtrend), the price moves to break its resistance. A similar trading situation as on the ICP before the trend reversal.
Coin Market: Small Love Potion
Past trade idea on this speculative "group 4" creation
SLP/USDTdowntrend channel.Working on the instrument
+240%
SLP close to channel support 🚀As I mentioned in my previous analysis
and
the price has started to gain from the channel support and broke the channel support to the upside and hit the first target 🐳 💣🐋
and now
it is close to new channel support (our previous channel resistance) again we can see gain from this zone or from the green trend line 🚀
Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
✅ What is SLP in Crypto?💥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 (Smooth Love Potion)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.
SLP/USDT - April05SLP 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 you have any questions, you can write it in comments below, and I will answer them.
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thanks.
SLP/USD broke resistance line and comes to first targetHello my friends, today I want to talk with you about SLP .
As I told you in my previous idea, SLP will continue to grow and soon will break resistance line, now price done this and close to first target.
Last 2 days price show us upward impulse which broke resistance line and exit upward.
Our target is still the same, if you open long by my previous call and price will reach first target your NET profit will be around 100%, if second target in this case 200%.
Now left 50% movement to first target and 130% profit to second target.
I think price can make small correction in area 0.25-0.24 USD and then continue to grow.
So be ready for such scenario.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
SLPUSD analysisHello 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% more.
0.339 is the price that will be hard to break by SLP and it can retrace back from that level.
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