SLPUSDT.P trade ideas
IMMINENT BULL MOMENT ON (SLP)IMMINENT BULL MOMENT ON (SLP)
Base on the Trend Line Analysis,
The Major Support Trend Line has proven to be a Stronger support from the previous price movement observed.
therefore there is a Higher Degree of freedom for the SLP to experience a massive Bullish Movement anytime soon.
An imminent breakout from the two Major trend line Should produce a minimum Price target of $0.30
in conclusion there a formation of something like a "W" or Double Bottom which is a Bullish Pattern
Patience Be Patient and keep buying.....SLP has a good Team than any other Token in this cryptocurrency world. Big Company Axie Infinity Online game
Patience is the key though, just keep buying. Buy before the Bull run
SLP will surely go back to $0.4 and beyond, It has been at this current price before, not new. People who are lucky to buy the dip now will enjoy the pump fruit. Patience, It is ready but no pump time frame, and sure Pump will happen.
You can check my old analysis if you think am wrong, All my old predictions were just perfect. Buy Low SLP for your own good and be in hurry to sell, let all wait for $0.4 and even $1 in 2022
ADA and XRP were like this last year, look at them today. Patience 🙏
SLP long positionSmooth love potion has reached its final support zone. If it break below here, there is no stopping it from going down to zero.
Apart from the support area, there is not much to say for SLP, but given the situation where this move looks exhausted, I believe this to be a worthwhile bet.
I'll look for a break of the red trendline and an increase in volume. If I see that, I'll enter with my SL set below the swing low.
What do you think?
#SLP upgrade in a shorter period of timeHello
There was good support from you for the slp post, so I decided to update it...
#slp has a very good response to its static support and buyers do not like the price to go down from there
A line has a downward trend that if it breaks, it will climb
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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 follow, thank you...
SLP - new DOGE, SHIB competitorAlthough SLP is used primary as reward token on AXS platform, it also has some additional utility (breeding axies). Price is falling while RSI and VPT (volume price trend) are growing, that is usually very bullish (divergence) sign. That buy volume spike a few weeks ago should mean something. I am very bullish about this coin, but still... be careful. SLP has unlimited supply, and could fall if bitcoin grows or dives. IMO this coin could pull off SHIB or DOGE on exchanges in very near future. up to 10x short term price increase is completely possible, especially because of gigantic volume. Remember, this coin has 180M mc and trading volume could go over $1B a day. GOOD LUCK!
SLP/USDTSLP = GEM , Target : 0.16 Buy Before Exploding ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
Chart is showing positive signsBeen holding this for a while , to be fair I purchased this purely based on TA and didn't pay attention to the tokenomics, but if the chart acts completely in the opposite direction of what traders are taught then noone will invest anymore, and therefore the players won't be able to claim their coins, so that makes me hopefull about the divergence seen in the chart.
SLP: Update-Range Trading ScenarioThe price at SLP tested the lowest part of the structure at 0.055
We can see that buyers are well positioned there as long as the price reacted very well.
From the past, it looks very clear that the price reacted after testing the support area where it is currently now.
Thank you and Good Luck!
SLP|Wyckoff Theory of Accumulation and DistributionGive your questions or comments
Based on fib extension, Volume profile and Theory of Accumulation and Distribution. It's a good time to buy and hold for high targets.
Also, watch the devs as they may tune the burning mechanism for SLP and stop the selling pressure, I'm personally expecting this
Good luck and manage your risk
Disclaimer: This is just my idea. Am not liable for the end results if adopted by anyone.
SLP Burned/Minted Chart www.axieworld.com
I believe if it will be a down move it will be much smaller than the upside. So the reward is much higher.
Check my previous SLP TA, it is still valid
SLPUSDT TO SKY ROCKET Bag some SLP now, we going to the moon.
Price could'nt break that strong support for days now and is about to break the downward T/L.
You can enter now or wait for the break on the 4H chart for more confirmation.
TARGET:
1st Target: $0.1
2nd Target: $0.15
3rd Target: $0.2
4th Target: $0.35
S/L:
$0.05
Always remember, this is not a financial advice. The crypto market is very risky and i could be wrong.
Invest what you can afford to loose.