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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.
Long
by TheLuckyLeandro
3
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
Can SLP token replicate the insane growth of AXSRecently, we made a series of ideas for the AXSUSDT pair, the price of which was growing very quickly and almost without recoil. Today, the trading pair SLPUSDT got into our the horizon Small Love Potion (SLP) Tokens are earned by playing the Axie Infinity game. This digital asset serves a replacement for experience points. SLP and AXS tokens are assets of the same Axie Infinity game. Looking at the SLPUSD chart, we can see that the price is consolidating at the top of the channel before a possible upward breakout. Of course, one should not reject the possibility of a fall in the price of SLPUSDT for the lower support in the region of $0.19 However, we assume that SLP can repeat the strong growth following the example of AXS. And we set the upper goal for ourselves around $0.70 This idea is just our thoughts and assumptions, and not a call to action. Take care of your deposits. _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
54
SLPETH, long to 12000. Can go a train.Hi friends. I find interesting investing instrument for you. SLPETH have only 2M market cup and all supply satisfy at now. We can going up very quickly and target for bulls is 12000.0. Why 12000 because its close to listing price. Today binance market has very very strong bullish potential and i think SLP have a good change. Of course its risk because SLP didn't have a max supply value. Volume analysis - "Earned Pro", levels - X-Lines script. Follow me.
Long
by JinFlark
1