SLP
SLP CRITICAL LEVEL HAS TO HOLD There are two scenarios I have outlined that could potentially happen in my opinion.
1) We really really REALLY need to hold this green box as support and break above previous highs so we can make our way out of the ichimoku cloud and start an actual uptrend. As of right now, SLP has been generally trading sideways for the most part.
2) If SLP manages to do this, we could very well see a move to around 6 cents.
3) We will need to break above the 200 day moving average (blue line) as well, which is pretty important for most cryptocurrencies.
4) If SLP breaks this green box of resistance to the downside, we could very well sweep the low again.
5) This is not financial advice and always do your own research before entering a trade.
BTC daily looks to have a possible slow grindBTC Daily could not hold the Momentum
bullish trendline...But the purple box would be the
consolidation/support box at this level... also
the DeMark 9 Indicator is reading we are at the bottom or very close to it...
Support at $$39,350-$37,481 range...i can update from there. Lets see if BTC can push back. I honestly see a big possibility
that we see BTC have a slow grind
up to my purple box.
above the $40K and then $42K mark and we could
then see a retracment to the $52k-$57k price.
RSI is Overold and should be moving up.
SLP Daily TF TASLP right now has dipped just above 0.0155. This dip has created a tight hidden bullish divergence in the daily TF. We might bounce from this level and most likely hit 0.0293 and 0.0373. A falling wedge pattern is also present in the daily TF, once we retest the resistance which is around 0.0258 and we get a candle close above it, SLP will most like go back to the previous high. A possible fakeout could occur around that level but if that happens, we will dip to around 0.0184 and from there we will most likely retest the resistance again.
BTC daily has the DeMArk 9 reading it may have the bottom in?BTC Daily could not hold the Momentum
bullish trendline...But the purple box would be the
consolidation/support box at this level... also
the DeMark 9 Indicator is reading we are at the bottom or very close to it...
Support at $$39,350-$37,481 range...i can update from there. Lets see if BTC can push back
above the $40K and then $42K mark and we could
then see a retracment to the $52k-$57k price.
RSI is Overold and should be moving up.
Last Chance For SLP ?SLP/USDT Have many bad news in market
1st: A hacker stole $625 million from the blockchain behind NFT game Axie Infinity
2nd: Axie Infinity Was Losing Player Count Even Before the Crypto Hack
And Many Other Bad News If SLP Can't Gain The Reputation Now Then SLP Will Lost Everything & Everyone Lost Everything. Already Many People Lost Their Money in this project Due to Hacking and Lost Their Game Levels '
Not Financial Advise Do your Own Research.
If You Like My Idea Please Like , Comment & Share.
Thanks.
SLP | A realistic AnalisisAxie Infinity hoped to raise more investments from whales, that's why they didn't bother to raise the SLP. Time passed them by and it seems that now it is an irretrievable situation. I presume insiders sabotaged the $600M hack (see it as a sign of desperation before jumping off the jackpot). Now they divided the Origins update (more complex game mode than the first version) into three parts, precisely to avoid a SLP pump, thus preventing holders (players) from abandoning at the first opportunity. Update times were extremely long and laggy. The most recent update re-enabled the adventure mode, with which you will be able to generate even more SLP, thus creating more monetary inflation (a fact that is still not applicable in beta, but it will be in a few weeks). Sky Mavis expects more SLP to be burned by breeding more Axies, an inefficient way to balance mining and burning since only a very small percentage would be dedicated to breeding them (note that it is cheaper to buy the Axies directly than breed them. In the market you can find them from 20 dollars). The great promise of Sky Mavis are the Lands and it may be a good solution, but at this rate they will make it a reality in at least 2 or 3 years (An update much less complex took them over a year.) I think it's time to say goodbye to the SLP.
Possible RE-TEST for SLP? Let's seeWell my previous analysis is still valid as long SLP will not go beyond the support showing in the chart
Bullish Divergence + Possible Breakout with Wyckoff Pattern
March 16 Technical Analysis
Please note that SLP is a utility token, with unlimited supply. Yet technical analysis is valid since many traders are buying SLP for trading as well vs Players earning thru paying Axie Infinity.
Hoping that my Wyckoff analysis is still valid and if this will not go down below 0.020$ , SLP may still continue to go for another Higher High.
Please do your own Technical Analysis and use this also as a guide. Check my YT for more analysis guide.
ZIL daily chart has cooled off & could make another push upwardZIL (ZILLIQA) Daily Chart
The Breakout started when it closed
above the decending trendline. ZIL
then made a bullish move upward and blew
threw the Bull Market Support Band, which
is super bullish for this daily chart. It has now
broke past 4 major resistances and moving
toward All Time High at $0.25... Price Targets
Listed. The RSI is definitely getting
OVERSOLD neighborhood, So unless your
HODLing this Asset, be sure where you want to
take profits. As the RSI curls the bottom up
the price could make another move now...
Bullish Divergence + Possible Breakout with Wyckoff PatternAs we all know, I have a valid and still playing TA last March 16 with Wyckoff Re accumalation Pattern
Check this link and updated TA in the description
Now , if you will check the 4 days TF, we have a trendline that showing some price build-up and breakout. If this happens, We are now completing our TA and using a FIB extension our main target
will be 0.10$. This pump will have a fundamental support as well due to the release of Origin V3 this coming days + more investors will surely come in playing Axie and burning more SLP.
Please DYOR and use this TA as a guide only.
SLP Daily is still in the consolidation box..looking greatSLP daily chart is still consolidating in the purple box and that’s totally fine…the longer the sideways action, the bigger the explosive monster move it has the potential to make…I did this update from my phone so excuse the smaller chart, but the idea is once we break above the descending trendline and the daily candle closes above, the Nitrous button will be deployed and let’s see what Axie Infinity’s little brother token can do…I believe possible over 1,000% gains in the near future but we will have to watch daily RSI…
SLP/USDT Potential channel 340/118%. Wedge.Potential channel 340/118% price in its lower zone. The volume of buyers is observed. Wedge (secondary downtrend), the price moves to break its resistance. A similar trading situation as on the ICP before the trend reversal.
Coin Market: Small Love Potion
Past trade idea on this speculative "group 4" creation
SLP/USDTdowntrend channel.Working on the instrument
+240%