Possible SLP Pump
Updated
In the 15M TF, we have a bullish falling wedge pattern which is going to be bullish for SLP in the long term. Right now, we have a hidden bearish divergence in 15M TF where we might dip to 0.0165 and we might bounce from that area back to 0.0174. If the candle closes above 0.0174, we might go higher up to 0.0191. There is also a possible dip lower than 0.0165 which is 0.0152 because of the hidden bearish divergence. Even if we dip to 0.0152, it will still bounce back to 0.0174. Tomorrow, we will see more signals due to the falling wedge pattern almost ending. When we see the pattern almost ending, we will know there if SLP will pump big or not. I will keep an eye for signals tomorrow so this post will be updated.
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The hidden bearish divergence was the signal for the dip. We dipped below 0.0165 but it only went down to 0.0155 which is slightly close to our prediction. We might bounce back from this level and retest the resistance of the falling wedge pattern.
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