$SLP/USDT 5D (#BinanceSpot) Falling curved channel near breakout

Smooth Love Potion may have hit rock bottom down there, time for mad reversal is coming!

Risk/Reward= 1:2 | 1:4.38 | 1:8.63
Expected Profit= +48.78% | +106.715% | +210.19%
Possible Loss= -24.35%

Fib. Retracement= 0.117 | 0.236 |0.382
Margin Leverage= 1x
Estimated Gain-time= 7 months

Tags: #SLPUSDT #SmallLovePotion #NFT #Metaverse #P2E #Gaming #Axie #Ronin #BSC

Website: axieinfinity.com

Contract:
#ERC20 0xCC8Fa225D80b9c7D42F96e9570156c65D6cAAa25
#BEP20 0x070a08BeEF8d36734dD67A491202fF35a6A16d97

Trade closed: target reached

TP1 was reached with +36.05% and +2R

Smooth Love Potion instantly bounced and broke bullish with up to +52.32% from entry, what a timing!
Now pulling back to the curve, will probably resume the mid-term recovery after, let's be very patient.

Trade closed: target reached

TP2 reached with +92.82% and +4.38R

Smooth Love Potion pumped big time, so glad we did not miss that insane move-up after such a downtrend!
Last target won't be easy but anything is possible with that token, SL adjusted below entry (0.00720) in any case.

Trade closed: target reached

TP3 reached with +205.65% and +8.63R

SmoothLovePotion made it to last target, insane accuracy on that bottom catch 👌🏼
RSI is entering overbought territory, trade is fully closed now, that's a wrap!

Trade active

1st entry filled

SmoothLovePotion retraced all the way down to the TL / demand zone in 3 months, that's unbelievable!
Seems like entry was never hit for KuCoin users, so here it is for another round with tight SL (0.00720)

TradingOn

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

TradingOn

Also on: