ANALYSIS 🔎
- SLP/USDT is retesting the all-time low support.
- There is a relatively high concentration of buyers at this zone.
- There's a potential formation of the bullish double bottom pattern.
- Breakout above the double bottom neckline resistance could be a bullish signal.
BUY ENTRY ⬆️
- Conservative entry: breakout above the double bottom neckline resistance (@0.1037).
- Aggressive entry: current market price.
TARGETS 🎯
- Horizontal resistance levels.
SETUP INVALIDATION ❌
- Breakdown below the all-time low support (@0.0551).
- SLP/USDT is retesting the all-time low support.
- There is a relatively high concentration of buyers at this zone.
- There's a potential formation of the bullish double bottom pattern.
- Breakout above the double bottom neckline resistance could be a bullish signal.
BUY ENTRY ⬆️
- Conservative entry: breakout above the double bottom neckline resistance (@0.1037).
- Aggressive entry: current market price.
TARGETS 🎯
- Horizontal resistance levels.
SETUP INVALIDATION ❌
- Breakdown below the all-time low support (@0.0551).
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.
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.