Get started

Slpusdt

SLP Important low Resistance Hello everyone, this is my analysis of SLP, Beside this always have an eye on BTC because leader can accelerate the movements and momentum. 1- We are in down trend yet and as you can see price is moving into downward channel. 2- Price became close to it's important resistance 0.069 price. 3- In past price tried 2 times to break the resistance but failed, so I guess for the third time it will fail. 4- the volume of the trades are quite attractive in this low. based on the above situations I believe it will be good for Long position. ----- this is not financial advice ------- Trade with low leverage and make sure to follow risk management while opening a position.
Long
by Ety_Ethan
4
$SLP Still Bullish?A lot of you, including me expected $SLP to have a major breakout from a consolidation but that did not happen. Instead we saw $SLP decline back to 0.08 dollars. So what happens now? are we back to bearish mode? I say No, $SLP is far from bearish and a new bullish trend is just beginning. I can safely say we are on a bullish trend for variety of reasons. 1. We broke out of a fanchart las September 30 which signals a reversal from the previous trend. 2. We have consistently made higher lows since September 21 low which means we are on a trend. 3. We had a bullish MA Cross (50 and 200) on yesterday, Oct 9. 4. Volume analysis looks very bullish. We had high volume on sharp rising prices and low volume on corrections. Basically, If the price on the move back lower doesn't fall below the previous low, and volume is diminished on the second decline, then this is usually interpreted as a bullish sign. So there you have it. No reason to worry. This bullish sentiment on $SLP will have a long way to go, We can potentially retest all time high and may go beyond it. Immediate target still at 0136- 0.140 which is atleast 70% from its Current Market Price. That's it. Hold your $SLPs guys, we are just beginning.
Long
by SeerSignals
8
SLPUSDT is on its way up!SLP was in a downtrend since mid-July and broke slightly below the then all-time low of 0.614 only to be bought up again. 2 days ago it broke out of the yellow downward sloping trendline that was keeping rallies in check, with huge volume and price breadth. Today it revisited the trendline, found support and is inching back upwards again. This may very well be the start of a great uptrend. If it breaks the most recent high of 0.1039 within the next couple of days or so it is a great sign and I will be adding
Long
by geraldelli
1
SLP showing its directionBINANCE:SLPUSDT is showing signs of going to the $0.09 price level. From there, most likely it will retrace back to $0.0864 and then have an explosive run-up to $0.0953 You can simply enter long and wait for $0.0953 to take profit or you can enter long, take profit at $0.09. After that place a short trade with take profit at $0.0864 and then go long again (as the arrows suggest). ⚠️ Let me know your feedback and comments below! ⚠️ Follow me if you would like to see more analysis like this
Long
by Ganbu