Smooth Love portion probable moveSLP is already in a bearish triangular tunnel. Will be waiting for a downtrend then a possible pushback mid July.
SLPUSDT trade ideas
SLPUSDT Bearish Slp make bearish flag. If Breaks this then he long to long. Please eyes this coin and earn big profit.
$SLP Prepare for a potential bounceThe SLP showed constant improvement after that its price drops to below 0.016 and Bulls could held price above support area , currently looks ready to bouncing from the bottom supporting zone.bulls Looking for the rally if we do flip above 0.0170📈
if we lose our support zone that is between 0.01520 and 0.01590 zones , we can see more correction tooward 0.012~ 0.013.
and if the price stays above the support Zone, then we can see more bullish move to above 0.02
Setup is invalidated if Support gets lost and price move below the major support area
Happy trading 🌷
SLPusdt my crazy idea!Hello guys
its seems that SLp has never been able to breakout its downtrend channel and it keeps falling and falling
here is my idea on what may be happening to this token
Goodluck all!
SLP BIG DROP, SHORT UPTREND. Slp might drop up to $0.0146 or if extends up to $0
0116 and then back to an uptrend highest to $0.0204
Slp Gamers might in a silent mode by now.
Goodluck.
SLP should bounce from this linefollow for more, 2 candle closes below trendline and i will short on the retest on 3rd candle.
SLP BURN RATE INCREASEA few things to look at here on SLP.
1) Apparently there are going to be some new ways to burn the coin here soon within the game. This could be a very good sign for higher price action but until this happens, we still need to be cautious. I have noticed recently that the burn rate has increased and the mint rate is decreasing, but only marginally.
2) It looks like we are trying/have found support back at the green box I have mentioned in my previous posts. This is a good sign because it could indicate a double bottom and the last time we tested this box we had a decent move to the upside. This does NOT mean that we are going to break previous highs. As of now this is just a bounce. I have also adjusted this box to better fit the price action.
3) If we do find strong support here, it needs to shoot us above the previous highs as well as the ichimoku cloud on the daily. SLP has a relatively narrow window to do this as the ichimoku cloud is starting to widen again. A break above the cloud and a positive retest of it could indicate we are starting to form a new uptrend. We really need to see something like scenario 1 play out.
4) We are currently trading below a red spread on the daily chart EMA ribbon. It is worth a note the spread is relatively small so we shouldn't have too much of a problem breaking to the upside. If we cant manage to break it this could be very very bad as it will widen on the next move down, which would likely be scenario 2.
5) We are currently holding support from the .618 on the fib retracement.
I'm relatively neutral on this but the burn rate mechanism implementation is likely to make the price go higher so i'm siding with the bulls on this one, as of now.
As always this is not financial advice and always do your own research before entering the market.
SLP consolidating & strong bullish signal.My personal opinion is that when a the candles come close to the 21 SMA, the candles often go over the other side. Hee it was very bearish so far and from now, we might see a strong bullish as long as BTC does not crash for liquidity reason.
SLP (Smooth Love Potion)Smooth Love Potion points of confluence :
1. Double bottom pattern
2. Symmetrical Triangle Pattern formation
3. Dragonfly Doji on the daily
Slp long updateHello everyone! Now we will bounce back to the 0.017. Next target 0.0185-0.02 in short-term(25-30th of April). Long term TP: $0.13-015. After release of Origins we’ll see a lot of burning mechanics so 0.13 is so real pattern.
SLP | Descending Triangle PatternThe price will continue to fall, a fact that will be confirmed if the BTC breaks its current support. Within the game, according to the roadmap, the "lands" mode was expected in 2019 but devs repeatedly announced its delay. Sky Mavis indicated that they would publish this mode in December of this year.
The amount of SLP held is immense. Selling pressure is a giant monster that we will have to destroy before thinking of better days. Sky Mavis would have to focus its efforts to make the game more and more profitable and economically functional. The current chief designer of the game indicated that his intentions are to make the game a hobby and not a source of income, which will further destroy the situation.
SLPUSDT, Exactly impacted to the trendlineHello everybody
According to the last analysis of SLP that we published if you check that analysis you will see that we shown the price can rise up to reach to the trendline resistance level and then its ready to dump to the sensitive zone area ( Blue Box ) that we shown on chart.
Wait until the target reach and be patient
Be with us and reign
Good Luck
Abtin
Previous analysis :
SLP Daily chart still in consolidation box, but?SMOOTH LOVE POTION (SLP)
updated 04-15-22
Daily chart...its gaining some legs
as well as some nice volume...lets keep
an eye on this Axie Infinity little bother
token.... prices and resistance listed. ITS continuing
to stay and close inside the consolidation purple box.
SLP Long (update v2)Hi ! We will see a good reaction in a few days! We must brake this triangle! Hold on
SLPUSDT has high potential and may pumpAs we said before here is major support zone and we are looking for pump and rise to the targets that are mentioned on the chart.
Notice: targets and resistances are mentioned on the chart with TPn(take profit n) only if TP1 breaks to the upside price can pump more and hit Tp2 as the next target and ... because these TPs are local resistances too and we can expect correction near them.
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CryptoBert1 T.A on SLPOn this technical analysis I have used trend lines, support and resistance, and wave analysis to determine when will SLP pump. I think the price of the SLP will be pumped on the 13th of April based on my T.A. P.S this is not a financial advice.
SLP LONG UPDATEAs i said - we will recover soon. First points of demands: 0.02; 0.029 . Afther breaking we can push up 0.032;0.04 in short term.
SLP 4HRSLP Kite Is Ready For Flying Need Some Air
Not Financial Advise Do your Own Research.
I'm New & Trying To Learn Chart Analysis, If I'm Wrong Please Correct me.
Thanks
SLP CRITICAL LEVEL HAS TO HOLD There are two scenarios I have outlined that could potentially happen in my opinion.
1) We really really REALLY need to hold this green box as support and break above previous highs so we can make our way out of the ichimoku cloud and start an actual uptrend. As of right now, SLP has been generally trading sideways for the most part.
2) If SLP manages to do this, we could very well see a move to around 6 cents.
3) We will need to break above the 200 day moving average (blue line) as well, which is pretty important for most cryptocurrencies.
4) If SLP breaks this green box of resistance to the downside, we could very well sweep the low again.
5) This is not financial advice and always do your own research before entering a trade.
