SLPUSDT in Accumulation Period & Main Support [Low-risk Setup]Good day, TradingView fellows!
In my opinion, the market price is a good buy opportunity given the fact that we are currently in the accumulation period this past few months and also hit the main support four times. You can also add to your entry after the 20-day cross. I am anticipating it will hit $0.1323 and $0.2099 by this December to the first quarter of 2022. This idea is suitable for swing traders or long-term traders.
Entry: $0.0595
TP 1: 0.1323
TP 2: $0.2099
TP 3: $0.3305
I hope you gained some ideas in this first published idea of mine. I only have a small trading capital as I am still a student, and this is my first year in trading. Hence, always DYOR (Do Your Own Research) and trade at your own risk.
The idea published is not a financial advice. The content of this idea is solely the opinion of me who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. This does not guarantee any particular outcome.
Give this work a thumbs up if you like it. Follow me here on TradingView for more upcoming ideas. Thank you so much in advance.
Good luck,
Alexis
