SLP/USDT Anticipating a Breakthrough to Key Resistance? 🚀SLP💎 Paradisers, gear up for a potentially lucrative trading opportunity with #SLPUSDT, as it nears a crucial resistance point, indicating an imminent market move.
💎 A glance at #SLP's recent performance reveals a promising trend, with the asset overcoming its previous high and signaling a shift towards bullish sentiment. Currently, as the price edges closer to the significant resistance at $0.004238, a break above this level with continued momentum could usher in a bullish advance towards the $0.005682 resistance.
💎 Should NASDAQ:SLP honor the $0.004238 resistance and encounter rejection, savvy traders, here's our cue: a bullish rebound from the lower Fair Value Gap (FVG) area is anticipated, whereas a descent below this region might trigger a notable bearish downturn.
Slpusdt
SLP / SLPUSDTSLP 1W
Good Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
SLP BUY SETUPAs you can see on the chart, we have a bullish structure. We have a resistance swap that is expected to reject the price towards the lower limits.
We have a good support node, which I named Rebuy Zone.
If this symbol reaches the Rebuy Zone, you can enter a Buy position in the spot. The stop should be placed somewhere under the green box
Closing a daily candle below the green range will violate the analysis
SLP/USDT Breaking Out From a Triangle Channel | What's Next? 💎 Paradisers, focus on SLPUSDT, as it enters a critical phase in the market. The asset is indicating a potential to break from a triangle channel pattern.
💎 Examining #SmoothLovePotion's market behavior, we see it has consistently followed a triangle channel. Currently, SLP is expected to retest a former resistance level, which now serves as support at $0.0028. There’s a considerable chance that SLP might use this support as a launchpad for a bullish trend, aiming for the key supply level at $0.0039.
💎 However, given the dynamic nature of the crypto market, #SLP traders need to be ready for various outcomes. If SLP fails to maintain its bullish path, a shift in the market's direction might be on the horizon. Traders may then have to adjust their focus, possibly targeting a bullish recovery from a lower support level at $0.00246.
💎 Crucially, if SLP falls below this secondary support, it would call for a significant strategy change. This development might indicate challenges in maintaining the bullish momentum, requiring traders to reevaluate and recalibrate their strategies.
💎 Stay tactical and adaptable, Paradisers. Your ParadiseTeam is committed to guiding you through these market changes, ensuring you are equipped for sound and strategic trading decisions.
ZRX FORMING A RISING WEDGE BINANCE:ZRXUSDT is forming a rising wedge, or a bearish wedge potentially could see a reversal from a day trading standpoint.
In my technical analysis, the price has reached an essential key resistance level of $0.2720 or the .618 Fib retracement as shown in the chart below on a daily timeframe.
RSI indicator is showing a bearish divergence wherein it forms a lower high and the price forms a higher high.
Currently the price forms another higher high, the next resistance would be at $0.2967 if the price would push upwards based on the Fib retracement extension of 2.236. I could determine the next trendline as valid utilizing the back test process.
If you're looking to trade this coin NOW, use this diagonal support as guide. It also formed divergence as well.
If a breakdown confirmation happens, set partial take profits on the common support lines.
I will try to update on that :)
Always PLAN your trades and happy Halloween 🎃
SLP Looking almost as good as my wife when I bring the $ L8NITEHonestly, sometimes you see a beautiful chart. This is one of them. Notice the smooth curve (pun intended). I love when it looks like this. RSI going for 50 with impetus. Fisher and KDJ already screaming.
Anything could happen though, so with responsible, professional trading ideas you should have a SL. TPs shown as well... of course. Cloud is thin, when's a better time to attack?
SLP FOR LONGSAs you can see , my analysis are based on many strategies
first i've used the SK System to identify the first move and its correction
and it seems that the price already respected that area
we can see also a bullish divergence being formed
and combined with elliot waves there is the last move that should be upside
let the market do it work
Smooth Love Potion (SLP) forming bullish Gartley for next pumpHi dear friends, hope you are well and welcome to the new trade setup of Smooth Love Potion (SLP) with US Dollar pair.
On a 2-hr time frame, SLP is completing a bullish Gartley for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
SLP is going up to the moonlook at the potential of Smooth love potion, it hasn't touched the top trend, it will be literally the biggest pump in this year. the advantage is so high.
I don't put all of my reasons on the chart anymore. but I can tell this for sure and I bet my life on it. it is time to long this and over time very soon, by soon I mean really soon it will pump. I'll tell you one reason why it is good time now:
look at the two major volume exchange for SLP
Binance and OKx perpetual
you'll find out ;).
$SLP/#USDT [#Smooth Love Potion]: BBandSqueezeWe've a Bollinger Squeeze on the $SLP/$USDT chart. The Bollinger Bands have narrowed, indicating a period of low volatility. A breakout from this squeeze could indicate a potential trend change. The next resistance key levels are at 0.003616 | 0.003959 | 0.00471 and the major support zones are respectively at 0.002865 | 0.002457 | 0.001706. We may consider buying at the current price zone at 0.003211 and targetting higher level.
- Technical Metrics :
-- Current price: 0.003211
-- 24H Volume: 5,532,688.0292 ₮
-- 24H Price change: 9.441%
- Pivot Points - Levels :
-- Resistance: 0.003616 | 0.003959 | 0.00471
-- Support: 0.002865 | 0.002457 | 0.001706
- Indicators recommandation :
-- Oscillators: BUY w/: 3 BUY - 0 SELL and 8 NEUTRAL
-- Moving Averages: STRONG_BUY w/: 14 BUY - 0 SELL and 1 NEUTRAL
--> Summary : STRONG_BUY w/: 17 Total Buy - 0 Total Sell and 9 Total Neutral