SLPUSDT trade ideas
Alikze »» SLP | Continuation of the 3rd or C ascending waveIn 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 targets. According to the current momentum, it is currently in rising wave 3 or C, which will have the ability to continue moving up to the 1.618 Fibo range.
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SLPUSDT retracementA 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.
SLP 0.008-0.010 looking too closeToo 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
SLP/USDTHello 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 make your analysis before a trade
it is not offer to trade.
good luck
SLPUSDT SLP IDEASmooth Love Potion (SLP) tokens can be earned as rewards by Axie Infinity players through battle or adventure mode. SLP are tokens that can be used to breed new digital pets, known as Axies. It was formally known as Small Love Potion before the token upgrade to the Ronin blockchain.
The cost of breeding begins at 100 SLP but increases gradually — rising to 200 SLP for the second breed, 300 for the third, 500 for the fourth, 800 for the fifth, and 1,300 for the sixth. Axies can be bred a maximum of seven times, and the seventh breed costs 2,100 SLP. This limit exists in order to prevent hyperinflation in the marketplace.
SLP paves the way to the concept of Play-to-earn which popularizes the Axie Infinity games among players who are looking to earn some money or participate in DeFi. It is especially popular in countries like Philippines.
Besides SLP, Axie Infinity has a governance token called AXS which players can use to participate in determining the future direction of the game.
✴️ Smooth Love Potion Classic Price ActionThis is similar to the pattern we described recently looking into ADXUSDT (AdEx).
I explain my reasoning in order to provide the learning part of the "experience".
We do learning and entertainment with these charts.
Today we have Smooth Love Potion (SLPUSDT) and a bullish chart based on many signals.
The consolidation pattern is followed by a bullish breakout.
The volume today gives away what is coming but I shared a trade days ago because I can anticipate the breakout based on past experience.
Jumping in before the actual breakout happens has its advantages and disadvantages. Advantage #1 is a better entry point. Disadvatange #1 is higher risk...
Ok, that's it!
You can get more information on this one by reading the related ideas.
Namaste.
SLP 0.006 a proven Play to Earn Projectit works and many are still amazed with this token
especially in Asia where there are professional playing Axie and making huge winnings
more so deman for low cap high adoption projects should be reverting back to its glory days or highs
who knows if this goes beyon al time highs
how lucky we are at 0.01 cent even
SLP - This Coin Will Make You HappyPlease note that the chart representation is a logarithmic representation - and that's precisely necessary to highlight the potential of SLP. What is this coin? The Smooth Love Potion (SLP) Coin is an ERC-20 token used in the blockchain game Axie Infinity. Players can earn SLP in various ways, such as:
Winning battles: players receive SLP when they battle other players and win.
Completing quests: Daily quests and in-game adventures reward players with SLP.
Breeding Axies: Players can use SLP to breed new Axies, which can then be used in-game or sold.
Special properties of SLP:
In-game currency: SLP is a central currency in Axie Infinity and is used for various purposes, such as breeding Axies, repairing Axies, and participating in events.
The conception of the coin is highly interesting and opens up fabulous price targets. Given the dynamic chart situation and the generally extremely bullish crypto market, we assume that SLP has an upward potential of nearly 500%. The presented trade idea thus offers an extremely good risk-reward ratio of 9.5:1.
SLP ANALYSISNote that this currency is risky
A diametric has started from the place we entered on the chart.
This diametric is of diamond type. We seem to be in the middle of wave e now.
We marked the targets on the picture.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
SLPUSDT IDEAUPDATE
Ascending channel Upside Breakout is Already Done in 12H Timeframe
Expecting Massive Bullish Wave in Coming days📈
COIN DETAILS
The live price of Smooth Love Potion is $ 0.003784 per (SLP / USD) with a current market cap of $ 156.35M USD. 24-hour trading volume is $ 12.02M USD. SLP to USD price is updated in real-time. Smooth Love Potion is +0.64% in the last 24 hours with a circulating supply of 41.32B.
SLPUSDT.PHM signal v3.0 (High momentum) spotted. Looking good with previous wave up with increasing volume and momentum.
- Heathy retracement and support well at good level @ 0.003749-0.003771
- Trending slow and steady if able to hold above the support zone
It is at extremely good reward to risk level now if able to hold above the support level.
SLP/USDT Anticipating a Breakthrough to Key Resistance? 🚀SLP💎 Paradisers, gear up for a potentially lucrative trading opportunity with #SLPUSDT, as it nears a crucial resistance point, indicating an imminent market move.
💎 A glance at #SLP's recent performance reveals a promising trend, with the asset overcoming its previous high and signaling a shift towards bullish sentiment. Currently, as the price edges closer to the significant resistance at $0.004238, a break above this level with continued momentum could usher in a bullish advance towards the $0.005682 resistance.
💎 Should NASDAQ:SLP honor the $0.004238 resistance and encounter rejection, savvy traders, here's our cue: a bullish rebound from the lower Fair Value Gap (FVG) area is anticipated, whereas a descent below this region might trigger a notable bearish downturn.
SLP On Fire: Don't Miss Out on This Buy Trade!"## SLP Coin: Fundamentals, Recent News, and Disclaimer
**Fundamentals:**
* Smooth Love Potion (SLP) is the in-game currency of Axie Infinity, a popular play-to-earn blockchain game.
* Players earn SLP through gameplay, primarily by battling other Axies.
* SLP is used for breeding new Axies, which can be sold for profit or used in further gameplay.
* SLP is an ERC-20 token, meaning it runs on the Ethereum blockchain.
* There is no maximum supply of SLP, but the rate of creation is controlled through in-game mechanisms.
**Recent News:**
* SLP price has been volatile in recent months, dropping significantly from its all-time high in July 2021.
* The Axie Infinity team has implemented several changes to the game's economy, aimed at balancing SLP supply and demand.
* These changes include reducing the SLP rewards for certain activities and introducing new SLP sinks (ways to remove SLP from circulation).
* The upcoming launch of Axie Infinity: Origins, a revamped version of the game, could potentially impact SLP demand.
**Disclaimer:**
* I am not a financial advisor and this information should not be considered financial advice.
* Cryptocurrency investing is inherently risky and volatile.
* You should always do your own research before making any investment decisions.
**Additional Resources:**
* CoinMarketCap: (coinmarketcap.com)
* Axie Infinity: (axieinfinity.com)