SLP may rally up to 570%After a swing failure pattern, SLP went into an 8 month long corrective wave pattern as you can see in the above given chart which ended with a 4x rally last month.
1) A daily close above 0.0195 can give you an entry.
2) A daily close below 0.01733 can get you out.
3) Stochastic has crossed up.
4) Accumulation and/or contraction zone is about reach a break point (based on volume)
5) Very high 24hr trading volume (see on CMC)
Targets can be seen as 0.618 the green box and further extension levels.
Trade Safe!
DYOR this is not a financial advice.
SLP
SLPUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price is ranging between the support and resistance zones. If it is supported here, the next target would be the resistance zone. For the price to go higher, it needs to break the first resistance zone and to go lower, it needs to break the support zone.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
SLP can rise 300%Since its listing, SLP has traded mostly in one direction: down.
However, now the coin seems to have found a bottom at 0.001 and a leg up followed (400%)
At this moment a higher low can form that can lead to a new leg up,
The next important resistance is at 0.06 and this could mean a 300% rise
If you choose to buy this coin you should be aware of its volatility and the fact you can lose more than half of your investment in case of a new low
SLP looks like it is ready for some bounce on smaller TFswhite moving avg holding pretty well here - good potential for upside, also we can see broken channel trendline of descending channel, retracenemt after 300% almost hit 0,786 level.... i am for upside here
THIS IS NOT A FINANCIAL ADVICE
I AM POSTING IT JUST FOR EDUCATIONAL PURPOSES
Smooth Love Potion Support Found? Recovery Possible!Remember my last trade idea for this pair?
I mentioned that after the first wave comes a retrace and then a new wave.
See it here:
Now, the second wave can be over and prices start to move up.
We have high volume today and the MACD remains strong...
It is still tricky though, as this can easily reverse to test new support before prices going up.
Here I am keeping it simple...
You can find the potential bullish path on the chart.
Namaste.
SLP, another bullish pattern and signalsas expected, SLP did not break and dump to 0.017$ and move similar now to other coins.
We have a bullish divergence
MACD shows a crossover below and change to bullish from red histogram
FALLING Wedge and breakout in the resistance area
Please DYOR and use this as a guide only
SLP 4H head & shoulders!would not want to long this chart, bitcoin is at 43% dominance and looks ready to break below critical resistance. would not be surprised if we start next week in the red.
SLP (SLPUSDT) TA: 22.2.22The SLP currency is on the minor support of 0.017$, which due to market conditions and the nature of this currency that most holders sell this currency, this support will be lost and the next support to which the price can react is range 0.01$
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 22.Feb.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better
SLP - Descending triangleDescending triangle now... When moves, we probably won't see the long trend, so trail it with SL... The last setup brought us 7% and then fall back on the support... Most coins are for the scalp trades only, If you don't have time to do that, maybe it's better to stay aside... Good luck traders