SLPUSD trade ideas
SLP Bullish GartleyRSi hidden bullish divergence + higher lows , Bullish Gartley on the 4 hour , AXS also has similar structure, breaking pennant and successfully backtesting breakout / pattern completion zone. ATHs for AXS imminent, SLP as AXS little brother to follow , expecting a move to the 1.618 here
Thinking SLP is going to make its run....Have been looking at SLP and noticed today there was a strange shift in its chart at the weekly and I believe Daily Level. It has a lot of upside potential. Seems to be forming some kind of bottoming out out today. I am expecting nice gains in the coming day or two. It kind of moves like a shit coin.
SLP still in a downtrendThere are currently no signs of recovery for SLP both fundamentally and technically. There is just simply too much supply for SLP which makes the price goes down because of the law of supply and demand. In a technical perspective, it hasn't broken any major resistance meaning it is still in a downtrend. BINANCE:SLPUSDT