SLP/USDT . Falling wedge breakout soon?SLP is the coin from Axie Infinity game (AXS/USDT)
AXS itself is a good NFT project i think..
its a game that helps a lot people financial in vietnam (axie infinity)
from technical perspective
i think SLP/USDT is gonna break falling wedge pattern..
consolidate since around 12 july.. the longer the consolidate = the bigger gains when breakout
it's a good buy from this price / entry when it retest .
target will follow the arrow.
waddya think?
*not financial advice
SLP
$SLP Smooth Love Potion Key Support LevelIn this chart,
We identify the key support level
As we can see the probability of it holding is high but given the fundamental news about Axie Infinity, and Smooth Love Potion has an unlimited supply and there is more minting that is happening the price can touch the $0.0614 level. This is one of the worst case scenario.
Hoping that it will bounce and not stay there will be an indicator that Axie is recovering from it's economic collapse.
This is one of the problems of #NFTGames...
Thank you.
What are your thoughts?
Small Love Potiont R:R2Hey everyone,
Its been a while since I posted some opportunities and its been because of lack of time (Hollidays, Friends weding etc.) I also reduced my trading time globaly as I´m more focused then before on mid/long term mooves. But I found one asset worth to take a look at with current trading setup on short/mid term with R:R2 on 50% or even more
DYOR 4 more info (By the way ... Its actually a funny game I made a solid profit on by playing this "card" game, breeding the axies and giving scholarships past weeks)
axieinfinity.com
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
KEYWORDS
AXS, Axies, Axie infinity, SLP, Small Love Potiont, SmallLovePotiont, R:R, money management, risk, reward, technique, style, trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis
Keep An eye on SLP - Sleeping beast! Here's a quick look at SLP 12 hr chart. As we can see, the price has printed a bigger falling wedge and we could see a bigger move soon! Definitely one to keep an eye on. The best entry would be, when the price breaks above the falling wedge with good amount of volume .
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The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:
1. 0.244$
2. 0.267$
3. 0.293$
4. 0.317$
- Profits can also be taken in the resistance zone .
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Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
SLP Is looking very good! Here's a quick look at SLP 6 hr chart. As we can see, the price has printed a bigger falling wedge and we could see a bigger move soon! Definitely one to keep an eye on. The best entry would be, when the price breaks above the falling wedge with good amount of volume .
-------------------------------------------
The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:
1. 0.244$
2. 0.267$
3. 0.293$
4. 0.317$
- Profits can also be taken in the resistance zone .
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Smooth Love Potion #SLP to 0.30$ ?#SLP has had a strong boom since the Axies Infinity Game became famous. It currently has a correction of -68% and is in an accumulation phase since the middle of July.
I see it risky to enter #SLP at the moment because a break in resistance has not yet been confirmed and there has not been a cross of SMAs shown on the chart.
I think it would be correct to keep an eye on this chart, since once the resistance break or the SMA cross is fulfilled it will be a good bullish confirmation that will take #SLP to $ 0.30 again.
SLP found bottom finally or its doomed?This 45days long falling wedge is running out of space. Will we see some signs of life from SLP finally? Recent BTC pullback helped SLP touch bottom at 0,1227. The last run of almost 300% SLP started right from that point. Now looks like it wants to break out from this big wedge, volume increased, but will it last. MACD looks bullish and RSI is at a break from the established descending trendline.