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SLPUSDT trade ideas

Retracement for SLP until where? Lets check in FIBPrevious post: Now SLP need a retracement /correction since a big impulse has been made in previous days. The Golden Ratio in Retracement in using fib is normally 0.618 - 0.786. I saw some retracement in SLP as well at 0.618 previously. Now it is possible that it will retrace @ 0.0246$ max 0.0215$. This will not be a retracement if this will go beyond that, meaning if this will go down below 0.020$ , SLP is back to bearish trend. Now , we need at least to see a valid bullish divergence + other bullish signals when the price reach on that price. We can see now that in 1HR bullish div is forming. Hoping to reach 0.060$ in the next few days. As of today, AXIE infinity announced that before end of Q1 2022 ORIGIN will be launched. This fundamentals news may affect the SLP soon and make a good growth. Please DO YOUR OWN Technical Analysis, make this only as a guide. Message me if u want to learn my strategy.
by ridenz77
Healthy retracement to trendAfter a nice 2th impuls wave to 0,04,we experience a retracement to the golden 0,028 pocket back to trendline we have respected all along. This correction is following a nice bull penant. We also see a bullish bat pattern , wich could mean we could have a third impuls wave blowoff top left. Enter : 0,028 Stoploss : 0,0255 Target 1 : back to top.of trendline Target 3 : if we can brake the trendline, next target is 0,056. That has always been my final target. : Exact 2x from entry, with 10% risk. 1:10 ratio. Not financial advise like ususl, just for testing my idras
Long
by Solartje
8
Two SLP ScenariosCurrent level of is at .0291 as a result from the minor dip from bearish divergence from the top that we have seen yesterday which initially projected a major retracement toward 0.023. This will likely be invalidated as bullish bias is getting stronger with the following reasons: -Hidden bullish divergence -within significant level (major support) -support lies at the 0.382 -volume was relatively lower during the dips as compared to the rally. With this premise, bullish bias expect us to rally 38% towards previous high at 0.0411 and will likely over shoot. Should we get a candle close above the resistance at the previous high, we will likely see another 79%
Long
by SeerSignals
3
SLP STILL BULLISH AND CAN MAKE ANOTHER ONE STRONG UPWARD IMPULSEHello my friends, today I want to talk with you about SLP. As I told you in my previous idea, SLP bounced from support zone and people who listen me now have up to 350% net profit, my congratulation :) Last few days price grew without any pullbacks, so I think now is good time to make pullback. I think in lest few days price can a little decrease to support zone (buy zone) 0.021-0.017. In this buy area I will find new buy opportunities. After this I expect another good upward movement for around 200% to our main target 0.06 USD. As you can see 0.06 this is strong resistance level and I dont think that price can break it from first time. So be ready for such scenario. This is an article, not financial advice, always do your own research. If you have any questions, you can write it in comments below, and I will answer them. And please don't forget to support this idea with your like and comment, thank you.
Long
by AtlasTrades
57
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.
by Trader_Maestro
5
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. _______________________________ 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 :)
Long
by P_S_trade
49
Smooth Love Potion (SLP) Highest Volume Ever!Let's have a look at this one, Smooth Love Potion (SLPUSDT ) and we start with the project overview. "What Is Smooth Love Potion (SLP)? Smooth Love Potion (SLP) tokens are earned by playing the Axie Infinity game. This digital asset serves a replacement for experience points. SLP are ERC-20 tokens, and they can be used to breed new digital pets that are known as Axies. The cost of breeding begins at 100 SLP but increases gradually — rising to 200 SLP for the second breed, 300 for the third, 500 for the fourth, 800 for the fifth and 1,300 for the sixth. Axies can be bred a maximum of seven times, and the seventh breed costs 2,100 SLP. This limit exists in order to prevent hyperinflation in the marketplace. It can take time to accrue SLP through the game, and a player may need to win 15 competitions in order to gain enough tokens to perform their first breed. Purchasing SLP on the open market is a way for gamers to get a headstart." source: coinmarketcap -- SLPUSDT Entered Binance back in May 2021... Clearly was followed by the strongest decline. On the 3-Feb. SLPUSDT hit a low and what we are seeing now is the strongest of growth. We have the highest volume ever and the RSI going off the chart. A change of trend is certain. After the initial wave, the breakout, we will have a retrace and then the next wave (3rd) should be the strongest of all. I've mapped multiple targets on the chart. Namaste.
Long
by MasterAnanda
4
Long way for SLP for a new ALL TIME HIGH, but its a YES. As mentioned in my previous analysis, all indicators is showing a bullish signals now+ after the Season 20 , SLP from 0.099$ went up to 0.040$ . Yes only 48 hours has pass after the announcement and its price has a massive growth Why is SLP Pumping today? SLP MINTING has been reduced in the GAME itself. Previously, if you have one team, you have assurance of 75 SLP per day once you finish the ADVENTURE MODE now its gone. - Daily quest SLP has been removed. (25 SLP) - Adventure mode SLP has been removed. (50 SLP) - SLP rewards have been reduced at certain MMR brackets. Future BURNING MECHANISM is coming!! More usage of SLP for fees Origin- Part upgrade Land & ETC / More SLP fees So expect now more demand and less supply in the coming months in SLP. This is a good sign for this crypto . Previously it price went down due to oversupply, millions has been minted everyday and less burnince mechanism for this coin. With the new annoucement this has been corrected. Expect now a bullish trend in this coin and will seek a new All Time High, probably and max 0.60- 0.70$ . Kindly note that this is my personal analysis and you can take as a guide. DYOR and do ur own technical analysis then decide.
Long
by ridenz77