💥SLP LIKELY MOVE - RISE TO $0.0195 & FALL TO $0.014Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
As I said in my last post on SLP, the target set at $0.018 has been hit. It needs to retest before continuing the bearish move.
As highlighted on this chart, price has been breaking support/demand zones. Followed by a pullback and a bearish move.
Therefore, I expect a retest to the breakout point at $0.0195 - $0.020, then a bearish move to $0.014.
But if price hit the pullback region and it does not reverse, we may see price above $0.02.
What do you think?
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Slpusdtidea
💥SLP - TO RISE TO 0.0227 OR FALL TO 0.018Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
The answer slp gave to the question i asked in the last idea is NO
Instead of a bullish break out of the pennant, we had a bearish breakout.
With this breakout, slp is totally bearish right now.
The next target is $0.018.
It can also rise to $0.0227 for a retest.
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💥SLP - TO FALL MORE TO $0.024📉Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
With respect my last setup on slp, price respected the setup and made a fall to $0.025 here👇
Here is what I expect next👇
Price broke out of a symmetrical triangle and it’s making it way to $0.024.
When it reach that price, we’ll know the next price It’s heading to.
What do you think?
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💥WILL SLP BREAK THE BULLISH PENNANT?🚀Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
Right here is the bullish pennant pattern, very similar to a falling wedge pattern.
I expect a fall to $0.022 and a rise towards $0.038.
This can happen only if the support zone on the lower trendline of the bullish pennant pattern reverse price back to the upside.
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💥SLPUSDT LIKELY MOVE- TO FALL TO $0.025Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
As highlighted on this chart, slp broke the inner trendline and It’s restesting back to the breakout point.
I expect it to fall to $0.025 as the first target before we know the next possible scenario.
What do you think?
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💥SLP - ANOTHER CHANCE TO MAKE 50% - 60%Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
The short term target still remain $0.0470 and $0.0500.
Did you make profit from my last post on SLP?
In my last post I gave a signal to pick a long position at the provided BUY AREA
Price is still within this buy area and hasn’t hit the stop loss given.
If you missed the last signal and still want to hop in on this, you can go in here.
SLPUSD BUY POSITION
Buy within - $0.0285 - $0.0335
Stop loss - $0.0255
Take profit 1 - $0.047 (60% ROI )
Take profit 2 - $0. 05 (70% ROI )
Risk - 10%
We had a false breakout from the resistance zone as indicated on the chart which led price back into the buy zone.
Slp may dwell in the buy zone before rising again and it can shoot out very fast.
What do you think?
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SLPUSDT, This kind of movement can be happen after 400% profitHello everybody
According to the chart and previous analysis, the price done our TP and our VIP Membership took 400% Profit and now we think this kind of route can be happen for the price because the price should have some recovery and correction of this heavy and powerful upwards wave.
If you have any question send us messages
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SLPUSDT in 12H may potentially pull back a bit.Hello friends, it's me again the Maestro wannabe.
12H is good for swing trading. If you have bought on the bottom, it is a good time to take some profits here. Personally, I would take around 5% of my holdings. But it is up to you. 1D SLP is still not yet legitimately breaking out so there is a possibility that the market makers will fake us out (but I hope not). If in 1D it breaks out, bull run is indeed confirmed.
BTC and ETH chart is not that interesting, in fact, SLP is more interesting now with the control in its supply. Recently, I invalidated the theory that when BTC or ETH goes down, everything is dragged down it. Yesterday it happened but SLP is up by 30%. It depends on the chart and technicals guys, don't believe the bs narrative.
With this signal, SLP may pull back a bit in the following days, could be around 0.0273 in 8 ema support (yellow) line.
DISCLAIMER: opinions based on chart only, trade with your own decision y'all.
What is the reason for the growth price SLP and where to sell itIn the last week, SLP holders like us and not only us are very happy with the price growth.
The value of SLPUSDT is growing daily +40-70% and is already beginning to move into the euphoric stage. Although before that the value of SmallLovePotion token has been falling steadily for a little over 6 months and this unsuccessful investment has already been buried in the minds of many.
So, without emotions, let's try to determine the reason for the current growth and where to say goodbye to your SLP.
What triggered such a price jump in SLP, we don't know, as well as where it may end. So, everything that will be written below is a mixture of facts and our assumptions:
1. On 27. 01 .22 the developers of Axie Infinity released a control token, Ronin, for their robot battle game Sky Mavis.
But in a tweet they were just bombarded with messages like: You guys are great to release something new, but maybe somehow support SLP from such a steady depreciation.
Ron is now trading at around $3. In our previous SLPUSDT ideas, tradingview users wrote in the comments that they are trying to farm Ron while SLP is in drawdown.
2. SLP issuance has not been limited yet, there is no upper limit further, and as of 10/02/222 they are just over 4bn in circulation.
3. The trading volumes are now 8-10 times higher than they were 2-3 weeks ago, and most likely these volumes are doing up by bots set up for pamp. For the reason that growth doesn't allow deep corrections and opportunity to buy cheaper, hinting: buy now, because later it will be more expensive. But it's a very dangerous thing, especially with margin leverage , because we've all seen how the SLPUSD price can and can fall.
4. The first strong mirror level is around $0.06. That's probably where the first real fight between buyers and sellers will start, as they'll were bogged in SLP a lot of time ago and want to sell it off at zero or at least at a minimal loss.
5. We are also SLP investors, we wrote earlier about our not so successful investment, but it was for a small part of the trading depot, and we know how to wait for the pumping)
Frankly speaking, we do not want to sell our SLP earlier than $0.34-0.35 , but will be the price there, we will know soon.
- If the SLPUSDT price will end up in the range of $0.06-0.09 its market capitalization will be in the top 200, it is not serious, don't you agree.
- If it will succeed to rise up to $0.34-0.35 , token capitalization will be in the top 100.
- If this growth passes the mark of +1400% from the bottom and stops at $1.20 , the capitalization will be in the top 50 and will find +/- in the vicinity of the main token AXS capitalization.
- The maximum that fantasy now allows you to think about is around $2 per SLP , and the capitalization will probably not last long there, but still be able to pop into the top 20.
Please write in the comments your thoughts on what is connected with the growth of SLP price and where its top bar is possible.
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💥SLP - TO PUMP BY 60% TO 70% TO $0.05Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
SLPUSD BUY POSITION
Buy within - $0.0285 - $0.0335
Stop loss - $0.0260
Take profit 1 - $0.047 (60% ROI)
Take profit 2 - $0.05 (70% ROI)
Risk - 10%
⚡️Use proper risk management
Right here is my idea on slpusdt. I expect a pullback to $0.0290 before another leg up to $0.05.
The Best Buy zone is before the resistance breakout which is between $0.0285 and $0.0335.
What do you think?
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SlpUsdt | Slp | UpdateIn my last idea, i shared that dont invest in slp, Many showed hate and said I am wrong. Actually they want newbies to buy slp so its demand get rise and they get profit, while newbies have nothing than loss. I have shown with example in past. If you say is true, give me any proof.
SLPUSDT Hidden Bearish Divergence What a run guys!
I am shorting SLPUSDT. Seeing the hidden bearish divergence on SLP/USDT and BTC/USDT had a regular bearish divergence.
BTC had a nice run but seems a bit tricky to me at this stage. Hopefully find support round 41,5K and lining up with 0.618fib on SLP around $0.0147
Good luck and stay safe!
Cryptodjens
💥SLP CHANNEL BREAKOUT- TARGET @ $0.017Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
This is a short term signal. Slp broke out from the descending channel. The next available resistance zone is $0.017.
If price should break this resistance zone upward, the next target will be $0.02. But if it doesn’t break the resistance at $0.017, we may have a pullback
What do you think?
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AxieInfinity | Smooth Love Potion $SLP
Technical Analysis:
RSI(14) 28.4920 BEARISH (OVERSOLD)
Moving Averages = bearish side
Resistance 2: 0.02
Support 2: 0.009
Upcoming S20 & Economic Balancing Adjustments
Volume = no demand x a lot of supply = price tends to fall
The supply of SLP will inflate in future.
Let's not forget that Axie ain't the same like it was before.
Since axie price drops, more investors = more supply of SLP.
- SLP did that before from 150 SLP (adventure and daily quest) to 75, it's just the same it goes down.
We are more in the community now. We are minting slp way more than it is supposed to burn. Having good tokenomics and burning mechanism is the key. Hopefully this fusion is one of the key burning mechanism. 31 billion circulating slp, If no one is willing to burn their slp then slp pumping is not possible.
Curious for your thoughts on $SLP and Axie Infinity updates.
👾👾