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SLP

🆓Smooth Love Potion (SLP) Mar-22 #SLP $SLP SLP has completed a bearish cycle and it has started a new bullish cycle from the $0.016 zone. In the near future, new updates of the game Axie Infinity can bring good effects and help SLP increase again like early February. 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 0.017$ zone 🔴Buy : 0.017 🔴Sell : 0.02 - 0.024 - 0.028 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 0.017$ zone 🔵Sell : 0.017 🔵Buy : 0.014 - 0.011 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation
1
SLP LIKELY MOVE - TO FALL TO $0.0145Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ With Slp market price at $0.0160, price has been in a downtrend since it broke downward from the consolidation. It’s making it way towards the next available support which I think $0.0145 is the next support level. What do you think? Share your opinion in the comment section✍️ You can also demand for analysis of your preferred coin Follow me stay updated about this coin and more helpful projects like this🎁 Happy Trading💰🥳🤗
Short
by PetrockFxTrading
10
SLP Danger zone Not much has changed since I posted about SLP a few days ago. I have linked my previous post below as everything within it is still relevant in my opinion. Take this into consideration: 1) SLP has now flipped the green box I had from support to resistance, so I have changed it to red in color indicating a zone of resistance. 2) The longer we hang out below this box the higher the likelihood becomes that situation 2 will play out, however situation 1 could still be on the table. 3) AS LONG AS SLP ISSUANCE STAYS 10-15X GREATER THAN THE BURN RATE, IT IS HIGHLY UNLIKELY WE WILL CONTINUE TO MOVE UPWARDS!!! This is a key component to the price everyone seems to be forgetting. SLP still has a big inflation problem right now. The only way we can officially move into an uptrend is if the mint rate decreases drastically, OR if the market cap increases at a rate that is greater than the average current mint/burn rate. You cannot keep increasing supply of a coin by 10-15x its burn rate and expect an uptrend unless there are a ton of buyers. Basic supply and demand. 4) I know Axie is aware of the mint/vs burn rate problems but as of today they still exist. Until this changes i'm relatively bearish on this coin. 5) Remember, this is not financial advice and always do your own analysis/research before making any decisions on the market.
Short
by MarketM8ker
Possible SLP PumpIn 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.
by elexicius
2
HEX weekly chart found huge support.HEX weekly chart 03-12-22 As you can see Hex has had longer sideways action for a longer period than ever. But there has been 4 projects that have had sacrifices and it seems as some of the $ flowed into the sacrifices phases of PUSLECHAIN, PULSEX, LIQUID LOANS TOKEN and MINTRA. But that does not mean anything but bullish sentiment from here on out. HEX weekly has formed a double bottom which is bullish and the DeMark 9 Indicator has shown (7,8,) which means it has hit the bottom. Lets watch what happens when the annoincement of PULSECHAIN launch is and the available coins might be getting bought up bc of the free ERC-20/PRC-20 copy that will happen.
Long
by bylerzone
2
SLP, whats next? BE CAUTIOUS!!!!When SLP was trading around the 0.023 range, I mentioned that we would likely come to the 0.018 cent region on SLP before experiencing some support. So what is next? 1) We have quite a large ichimoku cloud ahead of us. SLP would need to rally 190% from this point to have a bullish breakout from the cloud. As you can see SLP rejected almost too perfectly from the cloud at its recent high of 0.04 cents. 2) We have broken back below the daily ema ribbon. - Not a great sign IMO because this means we have flipped support into resistance. 3) The green box I have drawn is basically the last line of defense for SLP since it marks the only key area of support SLP has on this downwing we have been seeing. If it breaks this green box and flips it to resistance, its is very likely we go back to where it started before the pump around the 0.008 cent region. 4) Despite Axie claiming to reduce the minting of coins, the burn vs mint rate chart on their website indicates that there is substantially more SLP being minted than burned, at least to this date. This does not make for a bullish scenario as the market cap would have to continuously move upward at the same rate coins are being minted just to keep the current price action. I have two scenarios on the chart. I am more inclined to believe we will see something like #2 play out, however 1 could very well be a posibility. A "final shakeout" before more downside. I'm pretty bearish on this coin until the mint rate closer match the burn rate of these coins. Remember, this is not financial advice and always do your own analysis/research before making any decisions on the market.
Short
by MarketM8ker
3
THETA, key level FALSE BREAKOUT as a good BUY oportunity!The Theta Network (THETA) is now more in consolidation than in trend ( bullish or bearish ). The $3-3.15 zone is now a resistance for about a month and a liquidity gap zone. We cannot break through that zone, because there is no BUYER above this levels at the moment. After the breakout of the key level of $2.59, the big players can collect the traders' stop losses and it will be a good opportunity for us to take long positions. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
by Yuriy_Bishko
3
FTM, The best opportunity to BUY only after THIS!Fantom (FTM) is squeezing under the big trend line. The mirror level of $1.3 is resistance now. We expect the price drop and liquidity collection below the current level, where large capital can take its long positions. High volumes, an example of which you can see in the bottom panel, will be a good indicator of a BUYER. After that a test of the key level of $1.15 and continuation of growth is very possible. Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
7
AXS, trendline BREAKOUT with potential target!Axie Infinity (AXS), the top Game-Fi crypto token, is in a downward trend. A trend line has formed on the chart and the price is starting to squeeze under it. This, of course, shows the strength of the bulls. Also, a descending wedge has formed on the chart, which is a bullish pattern. A possible target for this movement is the key level of $49.50, where a good chance to close your long position. Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
2