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Slpusdtlong

Smooth Love Potion Elliot Wave AnalysisThis article is not financial advice. There is no guarantee that you will earn money using the techniques and ideas of my analysis. Here's a quick look at my analysis of SLP/USD on a 1D chart. Using the Elliot wave, we can see here that wave 1 has formed a three soldier candlestick pattern which is a good sign of trend reversal. The First three candles bounced at the resistance area, followed by wave 2 and made new support. Assuming that the next bullish candlestick is the third wave, we can estimate a forecast with Fibonacci extension from wave 0 to 1 extending to wave 2 to plot wave 3 which is typically at 1.618 of the Fibonacci. We can see that it will coincide with the next resistance at the 0.1132 price level. To get wave 4, I plotted a Fibonacci retracement from wave 2 to 3 and marked wave 4 at 0.382 of the Fibonacci and it eventually ended at the current resistance level. Lastly, I got wave 5 by using again the Fibonacci extension from wave 0 to 3 extending to wave 4 and plotted wave 5 at 0.618 of the Fibonacci. I adjusted wave 5 to hit the resistance area which is also a strong resistance. NOTICE: If the price falls below wave 2, consider all these as voided. DISCLAIMER: This analysis does not guarantee to be accurate, complete or fit for this market, please do your own research before executing a trade.
Long
by kentwinston
10
SLPUSDT , Its moving exactly our way of analysis :DHello guys How are you doing ? I hope that everyone had nice week In here according to our last analysis of SLP we were shown on chart that the price want to make a triangle and after that we break it and after pullback we can entrance and take position and buy SLP From that time the price was exactly moved like our analysis , and we think i these 2 days we should have a jump of price until 1st Tp Previous analysis : Be with us and sleep comfortably Good Luck Abtin
Long
by Abtin00
7