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SLP

SLPUSDT Technical Analysis Welcome back Traders, Investors, and Community! SLPUSDT on H4 has broken above the triangle and is going for the retest. After a successful retest it will go up. ⬆️Buy now or Buy at 0.15 ⭕️SL @ 0.26 ✅TP1 @ 0.17 ✅TP2 @ 0.176 ✅TP3 @ 0.183 ✅TP4 @ 0.20 ✅TP5 @ 0.22 ✅TP6 @ 0.23 ✅TP7 @ 0.25 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a Profitable Day
Long
by Fibonacci-Signals
SLP - Risky - Not the best logic, but it is SLP (0.1703 - 0.169) Key points based on a previous bull run 0.18758< Long Take Proft 0.1666 < Stop Loss I have reviewed it at 4hr but simplified it to a 30-minute chart. I think a larger stop limit would need to be in place to allow for the full potential take profit. Rebounding well from oversold indicators. Could - potentially signal a swing and a cheap entry. 50/50 Personally I have entered but kept my SL AND TP at 1:2 Just a bloke putting some lines on a chart - Take it or leave it based on your own TA :) Best of luck :)
by HiHoCrypto
5
SLP - Updated Chart.New Draw Up for questions around SLP. Draw Up -1 Hour Chart 50.493 RSI Stoch RSI - Just about to cross signal (14,14,3,3).76-79 Keep an eye on the 50-day moving average. 4hr Chart - figures at the time of writing. 42.2 RSI Stoch RSI - (14,14,3,3). Just crossed back over signal 61 - 57 I left indicators there just to show what I normally work with but feel free to ignore them. All of the @PhoenixBinary Indicators are free and really helpful to double-check that entry. I use these indicators as they are easy to use and freely accessible. I am not profiting from this at all. Indicators are also not crystal balls - use them to confirm your entry not base entry on them. Tips - I try to keep it simple. Happy trading.
by HiHoCrypto
MY VIEW ON Smooth Love Potion (SLP)Looking at the market structure of Slp when my friend Christain Onyemetu sahred an insight of the coin to me. I looked at monthly chat and noticed that the general market of slp is overall bearish and the price is also trading at demand zone, so I marked my order block and drew my trendline and they confluenced at $0.177 and I mark there as my point of interest and I am going to set my buy stop at $0.177. Remember this is nota financial advice, you can as well do your own reaserch. Little info on Smooth Love Potion (SLP) which you may also like to know is below: What is SLP? Smooth Love Potion (SLP) tokens can be earned as rewards by Axie Infinity players through battle or adventure mode. SLP are tokens that can be used to breed new digital pets, known as Axies. It was formally known as Small Love Potion before the token upgrade to the Ronin blockchain. The cost of breeding begins at 100 SLP but increases gradually — rising to 200 SLP for the second breed, 300 for the third, 500 for the fourth, 800 for the fifth, and 1,300 for the sixth. Axies can be bred a maximum of seven times, and the seventh breed costs 2,100 SLP. This limit exists in order to prevent hyperinflation in the marketplace. SLP paves the way to the concept of Play-to-earn which popularizes the Axie Infinity games among players who are looking to earn some money or participate in DeFi. It is especially popular in countries like Philippines. Besides SLP, Axie Infinity has a governance token called AXS which players can use to participate in determining the future direction of the game. How can I earn SLP? You can earn SLP by playing the Axie Infinity game through winning battles and fulfilling daily quests hence the "play to earn" term was coined. To start playing the game, you would need to obtain some Axies from the marketplace, which are creatures that can be used to battle other players in the game. Another way of obtaining Axies would be through some interest groups that offer Axies as a loan in the form of a scholarship. SLP earned from the game are splitted between the scholarship holders and the group lending out the Axies. How much SLP can I earn per day? SLP earnings can vary depending on the players' skill and their energy resources. On average, a good player can reasonably earn 200 SLP per day through winning battles and fulfilling daily quests.
by benedictdominic222
SLP: A Breakout PossibilitySLP USDT UPDATE So I decided to end SLP backlash tonight. Smooth Love Potion (SLP) holds a great value in itself, you can read the details about his project here: coinmarketcap.com TECHNICAL ANALYSIS On the day of signal, SLP was mentioned to be bought in ladder under 0.24 - 0.32 range as it was obvious that breakout is due. Due to the falling wedge pattern and candlesticks were on and above of 200MA reflecting that SLP is consolidating and soon will breach the current position resulting in a breakout. However on the same day, the shift diverted from SLP to AXS (SLP is earned by playing AXS game) as the baseline investors pull the huge chunk of money and we have witnessed the huge breakout in AXS resulting in failure of SLP Breakout. CURRENT POSITION Due to suction of money from its blockchain SLP suffered a huge blow, however it's consolidating (mentioned in yellow boxes), the wedge is also prolonged. On 9th August we have also observed SLP trying to breakout again but this time it failed again, the resistance was strong and breakout potential was low due to market abruption. Right now it's in solid consolidation phase again, wedge is also close to sideways, chances of breakout for the third time are high. However, for short term I still believe it can go a bit lower, let's say close to 0.15 to strengthen itself; the breakout is imminent and we can see the push towards $0.35 initially as it holds a major resistance level. Current Support: $0.1705 Current Resistance: $0.1893 -Shoayb
by ShoaybKhan
5
Is AXS coming down for a bit?MTF EMA's have flipped, and it seems the short term support around $65 may become resistance. This is also a fib .382 level that we're sat on right now. We're under the Ichimoko cloud, with downtrending conversion and baseline trend lines and lagging indicator hit prices already (all on hourly). Looking at the feb speed fans, we're under the support levels and retesting this and the next hour. Short term bearish. Only bullish thing I see is BTC might have another little run. On a Sunday though... Anything is possible, trade safely people. Peter
by CryptoChonk
SLPUSDT🌟this alt has a low market cap so it can collapse in price so easily that's why we cant risk to afford putting an stop loss and face the rise again 🌟this alt's main target is 1$ for now and after that we have to see what will market decide to happen next which will come up with an update for this coin 🌟severe risk potential so be careful with it if you are a safe trader even in spot position but this coin can turn the tables 👉This idea has the confirmation of "advanced price action" 👍 👉Follow us and invite your friends too, this way we can share ideas and signal to everybody we care 👍 👉Hit share and spread the information in public chats or your twitter for everybody to get profit 👍 👉Tell us what's important for you in the market or what asset makes a difference in your investment basket 👍
Long
by the-crypto-analyzer
5