SLP short term tradeSLP - Smooth Love Potion is used for purchasing stuff in Axie Infinity game as I know, and it looks like a quick trade is on the table.
It might follow the last pump of AXS for a 50% quick gains.
Momentum showing divergences, high volume and a volatile move might be close. Wouldn't hold on to it for long and with a close stop, it might be worth the risk.
DYOR
Peace
Slpusdtidea
SLP on a non-stop downtrend?This token is indeed trash in it's essence. since it has an infinite supply of tokens and is an in-game token. as you can see on the chart there is no defensive move or support from the bulls. Bears are dominant on this token in the complete absence of bulls. it is now on it's last line of support, if it loses the support level go short and stay short.
Don't mind the R/R Item on the chart it's bugged and i couldn't remove it from the chart.
What's your opinion about SLP?
SLPUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market
target: 0.082 - 0.093 - 0.107
after first target reached move ur stop to breakeven
stop: 0.056 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Will be very appreciate for ur donat/coins :)
Open to your questions or suggestions(Looking for investors!).
For Education Purpose ''Not Fınancıal Advise''The shown daily graph represents the positive disharmony which means that we may expect an increase for 4H graph. Additionally as we can see a big handle and cup formation and it support my idea strongly. I confess that I expect SLP may going up to nearly 0.71 level.
Good Luck.
SLP at buy zoneBINANCE:SLPUSDT
Hello traders
SLP at buy zone with the biggest volume histogram since launch on binance
you may think this TA IS too simple, you're right it is.
But the point is it must be!
In technical analysis you have simple rules like 'buy the dip' and 'sell at top' rules that you should believe and follow.
Don't try to make it complex by using too many strategies.
🔴 Please do your own research.
SLPUSDT , Exactly is moving to our analysisHello guys
Whats up ? did you take position ?
In here we have good two body of candle and this means the market of SLP is attractive to the investor
if this candle will close with good body and powerful body of candle we should entrance to it until the target reach :D
Good Luck
Abtin
SLPUSDT Into 0.2250This is still on the Range of monthly candlestick of May.
May push back up this week or next week due to liquidity that was grabbed in the month of May.
Also, Axie infinity did update regarding reducing the limit of SLP per day in Season 18.
So, the oversupply of SLP will end as well as overinflation.
SLPUSDT (Smooth Love Portion) Long term Profit As From Graph clearly seen that SLP is at their support(best entry position) around 0.0861$
Major resistance area 0.201$ - 0.256$.
Target set as 161% profit at 0.2062$(resistance lower level) around fib retracement at 0.385.
Next target is 0.256$(resistance upper level). around fib retracement at 0.5.
RSI(20) around 32 here best entry point we got.
But one must have to hold. Entry and Exit points are mentioned on Graph.
Thanks for supporting
SLP/USDT For Hold / 1D
" For : Hold "
SLP/USDT - Rank#189 ( All Time Hight : 0.4191 )
------------------------------------------------------------
S1: 0.1167
S2 : 0836
-----------
R1 : 0.1453
R2 : 0.1679
---------------------------
Target 1 : 0.1679
Target 2 : 0.2312
Target 3 : 0.2630
Target 4 : 0.3449
SLP 1W Ready, set, go!Here is the weekly time frame chart of the SLPUSDT pair
Five weeks in a row, the SLP price was falling without a break, but the trading volumes were growing. That is, the coin is interesting for users, there was interest in it, but it's just not the right time for it to grow.
And now the sixth week is coming, during which the buyers began to act and aggressively buy back the declines, and the trading candlestick begins to gain the Pinbar image — a trend reversal candlestick.
This situation allows us to assume on two scenarios in the future:
1) the growth of SLPUSD in the range of $0.35-0.38 , where it is worth fixing longs, because in the future a deep correction to $0.16 may occur again. The next powerful shot is possible only at the end of the year and that, probably, if the cryptocurrency market is positive. Global targets: $0.71 and $1.10-1.20
2) If SLPUSDT breaks through and fixes above $0.40 , it will be safe to buy long again and keep it because the sellers will be strong and easily take the level of $0.71. Global target is $1.40-1.60
_____________________
Do you like the idea fulfilment? Does it help you trade and make a profit?
Do you want more forecasts from us?
Give us motivation! (Like, comment and donate). These little things won't make us rich, but they will warm the trader's soul while writing the next idea!
SLP let's going to moonThe value of this currency has sharply decreased after its uptrend and created a downward spike. After 40 days of continuous accumulation phase, we had the XABCD pattern in the 4H time frame. So, we can expect to grow as big as a XA chord after breaking the trend line top of the CD Chord in the harmonic pattern.
Due to the downtrend, the possibility of a sudden price return is a bit impossible, and then more time is needed to climb.
I think it can do ATH in a month.
Take-Profit Targets:
1) 0.2000
2) 0.2200
3) 0.2500
4) 0.2800
5) 0.3000
6) 0.3200
7) 0.3500
8) 0.4200
$SLP movement in the Short/Mid-TermFor the $SLP Holders, it was a long and painful last 30 days, for the buyers, we could see a huge upside considering the buying opportunity.
in the next days of the week, I expect that the price will find support below the current price, and explode towards the 0.21 resistance zone, and to 0.337 after that. If not, we could be seeing the $SLP reaching its all-time lows, in the process I took the RSI divergence and the S/R levels that the price action had a reaction to since way back.
Smooth Love Potion #SLP to 0.30$ ?#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.
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 :)