Flag Pattern in SLPThe SLP forms the flag pattern in a 4-hour time frame. If this analysis is correct, we can see a growth of about 300% of this currency.
SLPUSDT.P trade ideas
SLP close to Fibonacci support 🚀Based on the chart here, the price is close to the 0.62 Fibonacci, one of the best support for continuation of the raising trend ✔️
and if
the price stay above this support, we can see more gain at least to 0.23 Fibonacci 🚀
besides
the technical sign for the price, this coin has wonderful potential and fundamental supports 🚀
and even
we can expect more pump to new targets for the SLP 🚀🚀🚀
Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
SLP UPDATE FEB-2022As I can see this channel in slp...
And by attention to technical information
If slp Breaks the top of the parallel chanell the tp is near green point
what do you think
I myself think this will happen
SLP, 1400% gain?People said me 2 months ago that I'm wrong on SLP. It does not matter who is right or wrong right now. Let's look at SLP neutrally even though it's called as "shitcoin". Chart reading and indicator shows that it could go up. Possible max gain would be: 1400% from the red support line. Good luck in trades, buddy.
What is SLP going to do? I expect a little more downside. If we break the trendline to the downside, I can see levels around 1.8cents as support. Not financial advice, I am a noob.
Gartley Pattern is now completed for SLP. BULLISH TREND?My technical analysis with Harmonic pattern in SLP is now completed. TP hit for short position.
Time for LONG and possible bullish trend of SLP again.
Target is point C of the Gartley pattern which is 0.034
Please DYOR and do ur own technical analysis . This is only a guide.
💥SLP - TO FALL MORE TO $0.024📉Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
With respect my last setup on slp, price respected the setup and made a fall to $0.025 here👇
Here is what I expect next👇
Price broke out of a symmetrical triangle and it’s making it way to $0.024.
When it reach that price, we’ll know the next price It’s heading to.
What do you think?
Share your opinion in the comment section✍️
Follow me stay updated about this coin and more helpful projects like this🎁
Happy Trading💰🥳🤗
💥WILL SLP BREAK THE BULLISH PENNANT?🚀Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
Right here is the bullish pennant pattern, very similar to a falling wedge pattern.
I expect a fall to $0.022 and a rise towards $0.038.
This can happen only if the support zone on the lower trendline of the bullish pennant pattern reverse price back to the upside.
What do you think?
Share your opinion in the comment section✍️
Follow me stay updated about this coin and more helpful projects like this🎁
Happy Trading💰🥳🤗
Sad news for SLP/USDTBased on what I said about latest surprise move by Bitcoin, SLP/USDT broke below the trendline I discussed lately. Because of that, I decided to sell 0.25 of SLP tokens.
Although SLP has bounced sharply from 0.618 Fibonacci level, I expect a retest of $0.0170 which lies around 0.786 Fibonacci level. However, if and only if SLP/USDT breaks above the trendline again, I would re-enter on pullback.
What do you think about SLP/USDT? Let me know in comments section.
By the way, my analysis about Bitcoin is linked below, please check that out.
SlpRetrace on the fib looks steady. Found support on the 20-50 MA. If btc is going to rally this weekend. Slp is ready.
A daunting currency (Update 4)This analysis is an update of the previous analysis
What we expect is being done step by step, and we are examining this risky but attractive currency
SLP Falling wedge in making Target 0.06Orange trendline has to be broken in order to trap buyers and making falling wedge breakout pattern. buy back zone 0.0205-0.022, Target 1.618 ext around 0.06
SLPUSDT updateIn the daily timeframe, the lagging line is still below the cloud so we expect weakness if it wants to move upward. In the daily, bears are still in control.
The current price is testing the EMA support, but it may fail if the StochRSI continues to wave downward.
This being said, we can't see any exciting movement upward, until the lagging line breaks the cloud in the daily. Sometimes, it shows you it broken out, but it is a fake out, so watch out (like in BTC). It is to lure gullible investors who depends on influencers who wants just to hype and more views on their contents.
This is the time whether you decide to take out your money, or still wait. So you see the importance of risk management now? :)
SLP to ~ $0.018 Alright we have quite a few things going on here with SLP.
1) Even though there's been news of Axie reducing coin supply to stabilize price, im still seeing in increase in supply by around 500,000 coins daily. That combined with decreasing demand does not make for a bullish situation at this moment.
2) We have rallied over 300% in about two weeks in combination with the daily ichimoku cloud touch. That cloud spans roughly 140%. This means SLP will have to rally another 140% with increasing daily supply just to break the bearish cloud.
3) We were in a beautiful bull flag on the 4hourly chart but the problem with this is the price made it pretty much all the way through the apex, which generally isn't a good sign. Especially after testing very heavy levels of resistance.
4) We have potentially a inverse cup and handle forming on the lower timeframes (4hr, 1hr) that would put the price right around $0.018. This also lines up with one of the very few major support zones SLP has charted in its lifetime, which you can see with the green box. If we do not react from here it is likely to go all the way back down to the price it was before this pump.
5) The 0.018 cent level also lines up relatively well to the .618 area on the fib retracement. A wick down to the green box would suffice.
6) This is not financial advice. Trade carefully.
SLPSLP is in a symmetrical triangle. Wait for a breakout to choose the either side. The trade could be risky so do not put 25% of your trading portfolio in this trade
$SLP TECHNICAL ANALYSISThis level will go bact to resistance trendline, previos support, if price can't go above it on the retest, cutloss.
SLP POSSIBLE PRICE BOUNCEWhen SLP hits the support around 0.024 to 0.025, a possible bullish run might happen if bitcoin approves.
Is this the end for SLP or.....?Hey there.
SLP/USDT is hovering around 0.5 Fibonacci level and this triangle. With a break above resistance line, higher targets will be in sight, however, a break and close below the support line, recent gains might get completely wiped.
I rather to be predictive rather than reactive and based on that, I chose to open a long position and set a stop-loss below the support line rather than wait for a break above resistance line.
I hope you enjoyed this analysis.
What do you think about SLP/USDT? Let me know in comments section.
Cheers.
SLP update Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck.
SLP pump nowRisk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck
SLP big update Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck
