SLPUSDT trade ideas
SLPUSDT - BULLISH SIGNAL UPDATE!!As you all know, SLP is not performing well from last 6 months and according to the Chart patterns, Bullish Flag is formed, also indicators giving bullish signal. Fundamentals are also good to watch for.
Short-term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
RISK FACTORS:
Market/ BTC CRASH
Signal Strength Ratio: 75%
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SLP Now or never - Time is running out, RSI strong divergence 🚀RSI chart on the one-day interval shows a very large divergence.
Energy is building up fast
Axie promises to release new gameplay of V2/3 game. It hangs a lot in air and coin is ridiculously cheap and has a lot to do.
Jiho knows that community is suffering and it is huge. Realize that they have to do something about token price otherwise they may crash.
Team AXIE is working and that is most important thing. I think patience will be rewarded even for most losing ones who obviously did not sell their tokens in bear market.
Good Luck
Is it time after all these bloody months?SLP is a debatable project. Fundamentally, I don't really know what to expect. But technically, we might be seeing a breakout anytime soon. We can see that we are slowly breaking trough the downtrend-line from the past months. When we are trough on 1-hour and 4-hour, I expect nice gains. But as SLP has disappointed me before, it might do that again. I am in for a bit:)
DISCLAIMER: this is not financial advise. DYOR before you do anything!
SLP 3D What it takes to make the price go upWe, like probably many of you, wanted to make money on speculation with SLP token, but as a result we became invested hostages.
Because we don't play a game where this token could be used, the maximum we can squeeze out of this investment is passive income by transferring tokens for staking.
The first wave of hype for gaming tokens has passed, and now there is a correction.
SLPUSDT price has been falling steadily for six months and the value has already decreased by -90% from the maximum.
During this fall we have made several long buys and froze 10% of the trading deposit allocated to the project P_S_trade to no avail.
Actually, to guess where the bottom of this fall - is equal to guessing the cards, so we're not going to do this.
We propose to share our opinions in comments, what should happen in Smooth Love Potion project and cryptocurrency market in general for SLPUSD to explode by 10 times. It is around $0.35 that we would like to fix part or even all the investment in this token.
First , the conditions we described in BTCUSDT forecast are fulfilled now to start at least minimal, but still alt-season.
Please take a look at it:
Secondly, we need to somehow limit the maximum number of coins to be issued, as long as there is no upper bar, they print as many as they need. The supply in the market will decrease, then the demand will naturally increase the price.
Third , sometimes crypto projects do denominations and similar maneuvers and after that the price of token or coin grows well.
Please join the thoughts in the comments under the idea, because in the discussion the truth is born.
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SLPUSDT : Falling Wedge PatternGood Day Traders! SLP just broke out the falling pattern a few candles ago and the price action is quite interesting. As you can see it still can't bypass the nearest resistance and forming a huge rejection candle after it kisses the resistance cluster. I will prefer to wait for more reversal confirmation prior to taking any positioning.
Just a warning not to be overly greedy.
SLP - Outlook ✅Let's see how SLP is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price has been consolidating since it looks like that this coin has no lower place to go.
The market is showing SELL volumes for SLP.
Two resistance levels push down on value, and two support levels hold the price high and show strength.
This local support is our last hope to turn the market into bullish. If the price drops lower, we will have to fight more strong resistance levels on the solid support.
The RSI shows that SLP is under the 50 levels, the center. And it's going near the lower edge again. We will have a short-term bearish run if we don't get enough buy volumes.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $
Let me know your ideas.
Good luck.
SLPUSDT, Its hear our analysis :D :DHello everybody
According to the chart that you can see and our previous analysis of SLP
You can see the market maker of this reward token like triangle very much and want to make triangle and then pump and dump the token
At this time the price is squeezing in lower time frame and according to the chart that made triangle we expect the price to be ready to have pump at first for break the triangle and after days its ready to go up and reach to the target.
Check our last analysis to see the movement of the price
Previous analysis :
If you have any question send us messages in private
Good Luck
Abtin