SLP - Hypothetical Movements - 1HR ChartThe idea behind that is that we may double top now then
- Broke the nick line
- Get the targets of the double top
- Outside return to the 61.8% at 0.019 Zone
- Reversal from 61.8% to down 0.019 Zone
- Reversal from 1.27% at 0.015 Zone to 0.013 Zone
- Breaking all levels up to new structure highs
SLPUSDT.P trade ideas
SLP is getting ready for a 500% explosion to the upside! Having noticed 5 waves up against the main trend (down), I have started tracking a new impulse bull cycle for SLP, where its on its way to complete bigger degree wave 2 (marked red), which can complete its downtrend around 0.618 - 0.786 fib levels.
From where I expect SLP to change course and start its uptrend to around $0.1
Heavy ResistanceHello, currently SLP is going downtrend. We can see how it react strongly on the 200 ema which is exactly at the supply zone on this 4H chart. Honestly I think it will drop to at least 0.012 and filling all the orders on the demand zone before going uptrend. Entry point: 0.009 - 0.012.
SLPUSDT near support zones and can pump againAs we said before strong support here formed based on Fib levels and we can expect more pump here if green support zones remain valid.
Notice: the black trendline is major resistance and only after a valid breakout to the upside we can expect a huge pump after that.
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💥SLP - Target at $0.0141 still validPlease support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
This right here is a descending channel with two marked areas of support and resistance.
Price is rising towards the upper trendline. If it reverse at this trendline, price will fall to $0.041.
If it break upward from the channel, then this idea is invalid.
What do you think?
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Smooth Love Potion Support Found? Recovery Possible!Remember my last trade idea for this pair?
I mentioned that after the first wave comes a retrace and then a new wave.
See it here:
Now, the second wave can be over and prices start to move up.
We have high volume today and the MACD remains strong...
It is still tricky though, as this can easily reverse to test new support before prices going up.
Here I am keeping it simple...
You can find the potential bullish path on the chart.
Namaste.
SLPSlp is in pullback to 0.024
and EMA55 is a strong resistance for it
it will gong down to 0.018
if it lost the support , the next strong support is 0.013
buy it on support zones and keep it for a year .
After release update it will pump because of high demand of SLP
people have to spent lots of slp in game at they must buy SLP . its Foundamentally work
good luck
SLP close to Fibonacci support 🚀Based on the chart, the price has started to gain from the green trend line and breaks the red trend line to the upside ✔️✔️
and now
we can see gain from here or after the retest of the support area 🚀
if
the price breaks the resistance area to the upside, we can see more gain 🚀
Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
SLP, another bullish pattern and signalsas expected, SLP did not break and dump to 0.017$ and move similar now to other coins.
We have a bullish divergence
MACD shows a crossover below and change to bullish from red histogram
FALLING Wedge and breakout in the resistance area
Please DYOR and use this as a guide only
💥SLP LIKELY MOVE - RISE TO $0.0195 & FALL TO $0.014Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
As I said in my last post on SLP, the target set at $0.018 has been hit. It needs to retest before continuing the bearish move.
As highlighted on this chart, price has been breaking support/demand zones. Followed by a pullback and a bearish move.
Therefore, I expect a retest to the breakout point at $0.0195 - $0.020, then a bearish move to $0.014.
But if price hit the pullback region and it does not reverse, we may see price above $0.02.
What do you think?
Share your opinion in the comment section✍️
You can also demand for analysis of your preferred coin
Follow me stay updated about this coin and more helpful projects like this🎁
Happy Trading💰🥳🤗