The correction phase for SLP is likely still ongoing.
My primary count expects further downside for green wave V to complete the larger blue wave C.
The 100% extension level (at 0.002865) for blue wave C is the most probable target, occurring in over 70% of similar scenarios.
Invalidation Point: This count invalidates if SLP rises above 0.0062 without first...
Please pay special attention to the accurate trend, and colored levels.
The chart is very sensitive and you should be very careful with your capital.
Be careful
BEST
MT
SLP Alternate scenario
In my previous idea in which I talked about the SLP impulsive wave(1-5) to ATH
in case, incoming waves are corrective waves(ABC)
C wave should be ended around wave "1" of Wave "C" (also retest pending)
So, the Final expected SLP Target should be (0.05-0.08) which was the bottom of July 2021(0.061)
Please make your own research.
not a...
Good time
SLP currency was highly correlated with YGG
Due to the heavy drop and 500% growth of the WAG currency and the backwardness of SLP
I expect a good growth for this currency so that the backwardness of this currency will decrease compared to its fellow currency, buy spot with the recently created floor and be profitable.
SLP is at the golden levels in fib levels. If it breaks out the 0.618 level, we might go up to 0.007827 or 0.009582. It also supports the hidden bullish divergence spotted in 1D TF.
Is it worth gambling to lose everything on SLP, considering the first-level return in two years is considered high risky? If you only use 1-5% of your portfolio for this gamble.
SL 0.00122
TP 0.242
soon we can expect more rise and pump here but first some correction and range or even short-term fall is expected maybe for a weeks but our last target is about 1200% rise from All time low support and soon we can expect this long-term target hit.
DISCLAIMER: ((trade based on your own decision))
<
Hidden bullish divergence in the 4h time chart. SLP is retraced back to the golden ratio levels based on the fibonacci pattern. We might go back to 0.006521 or to 0.006749 if it stays on the golden ratio levels.
Let's see for the next few days if my TA is correct or not.
In the weekly time, it has gone through a complex correction cycle, which has suffered a range for more than 623 days, which has faced a motivational wave with the bottom of the range of 0.001299, and finally, with the failure of this concentration, it is completing a pullback to the golden zone. If the green box area is maintained, it must touch the specified...
price in the weekly structure The last range started the trend after the spike broke up
This means that the price can fill the entire last bearish spike to the top
Exit from the cloud and pullback .... finally ... boom.
1️⃣🚀
It raise up to +50% at first step
2️⃣🔥🚀🔥🚀🔥
It goes up to +260%
This is an exceptional opportunity.
Don't miss this opportunity.
THINK YOURSELF AND THEN DECIDE
A retracement before the 5th wave. 3rd wave is not extended. Higher possibility that the 5th wave might be extended. Confirmation comes with the break of the monthly resistance with a massive amount of volume.
If 5th wave is not extended, a wave 1 is to be completed with an arbitrary form of retracement. A 3rd major wave will be prepared.
Too many users stuck in this coin
I am also a holder of SLP
and I m expecting a huge pump like XVG and SXP after the successful breakout of this triangle
all depends on BTC
NFA
DYOR
press like👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis
SLPUSD is showing a bullish pattern after the first major move on the weekly,which topped out around 0.008$ ,SLP is in accumulation once more,forming a bullish "W" pattern which can take us to 0.012$ from 0.0069$ which it currently is.
Buy and hold for a 73% move.
Hello guys
If the price does not lose the range of 0.04646, it can move towards the following targets: (If the range is broken, this scenario will be canceled)
TP 1 : 0.084
TP 2: 0.012
TP 3: 0.015
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.
always...
