Its true that the whole market has been declining, but this currency is becoming a "SHITCOIN" due to the big scam of game developers by increasing half a million tokens.
The responsibility for the current situation lies solely with the ignorant team that created the game.
However, if they didnt manipulate the market, the price would have stabilized and was ready...
It Reached the bottom of the channel as we expected. Those who are planning to buy now seem to be in a good position. Be sure to buy in stages.
I put the previous analysis link at the bottom.
In "RSI" on the 1 hour chart, you see the position of Oversold.
Let's see ...
As you can see in the chart, the price is squeezing between the 2 descending trendlines and the floor support.
If these two triangles are broken upwards, we can predict the possibility of creating a cup and handle pattern.
During this week, the amount of coins in circulation of this token has increased sharply. (Approximately 500,000,000 tokens), how is that possible ??? I wish one of the members of his construction team would explain to us.
Ok lets Check the chart technically:
As you can see in the chart, we have reached the end of the triangle. If the fraudulent creators of the...
As you can see, the price has been in a good uptrend for a long term.
Supports are marked in the image. If the first support is broken and lost, there is a possibility of a second support touch. But it will return immediately in a short time.
Let's take a closer look:
This is probably due to the stoploss-hunting of...
Please read this analysis to the end.
I will try to explain all the shapes drawn in the chart to you one by one.
This time I tried to check the chart logarithmically. But in the end, the results were the same by examining it non-logarithmically.
At the end, I will give you the link of the previous analyzes.
As you can see in the chart, "SLP" is currently in a Descending channel.
The most likely scenario is the green option, which will soon break up the channel and increase.
Otherwise, it takes the second scenario and the red trend.
Let us take a closer look at the channel:
Now let's look at it in a longer...
In the previous analysis, I said "wait a little longer".
When you plant the seed of patience, you will reap the fruits of profit.
I don't think it's over yet, and this is just the beginning of our beautiful path with "slp".
The truth is, I didnt expect growth so soon. I was waiting to move on the yellow curve.
Let's take a...
Its technically in good condition and is still on track.
The sharp downward trend is over. It will be in the range of 0.06 to 0.08 for a while and after collecting enough energy, it will start its upward movement.
I do not understand the reason for all this sales pressure. Wait a little longer and see the result.
Please review the previous analysis once again to...
To better understand this content, I recommend you see the previous analysis that I put the link below.
I have already said that I think the downtrend is over and it is time to accumulate. As we expected, the triangle was broken upwards with good strength.
Now we have to see if the upward trend has happened so soon? Or that it's just a short-time pump, and the...
As you can see in the chart, the price is at its lowest level.
Most transactions took place in this area.
Also, the volume of transactions has increased compared to the past.
The price is still below the Ichimoku cloud chart.
This token does not respond very well to charts and technical analysis, but I believe this is the end of the downtrend.
Let me introduce...
As you can see in the chart, the price is in a triangle and we are approaching the end. The compaction is quite clear.
If the triangle breaks up, it can be a great entry point with good targets.
But we still have to consider downward failure and falling prices.
Given that Bitcoin is in a critical situation, If the bitcoin's price drops, the whole market will...
As you can see in the chart, and according to previous analyzes, the downtrend is over, and the chart is moving straight and building a solid bottom.
The downtrend line is marked in the chart. If it breaks upwards, a good view can be imagined for it.
To understand what I mean, let's look at the chart again at the time of the previous...
As we can see in the chart, it is currently moving in the drawn direction.
The sharp downturn has long since ended, and now continues almost straightforwardly. I think the rotation will be completed soon and we will start a sharp uptrend.
Now let's take a closer look:
Daily time frame and skewed support we have now.
I'm glad the previous analysis still worked.
As you can see, the price is still moving between the 2 drawn arcs, and it looks like the downtrend is over, and the "SLP" is currently moving straight and building a solid floor.
Momentum buying is rising and "RSI" is rising and breaking its lines.
It looks like it will start moving upwards soon. And if...
As you can see in the chart, the price is moving between the two specified curves, and seems to have reached the end of its downward movement. And it is changing direction and rotating.
Curves can be seen even in "RSI". And the "RSI" curve seems to be broken upwards. Which is a very good sign.
Of course, everything depends on the "Bitcoin" trend. But I'm...
It seems that the new update of the game has finally been released and see how beautifully it has affected the price of "SLP".
As you can see in the chart, it broke the downward triangle with good upward strength and is continuing its growth path.
Also, the lines that "RSI" was limited to are broken, which is a good sign.
Current resistances are marked on the...
We are approaching the end of the descending triangle. Trading volume has increased.
But according to the sales pressure caused by the inflation of "SLP" tokens, there is no upward breaking power.
"SLP" seems to be on the verge of death.
If game developers are going to do something, now is the time
Now or never.
Daily time frame...