SLP shorters prepare to get rekt!Bullish diamond appeared. Along with the triangle reversal pattern, these are two good signs for an upward movement.
We need a candle close with this bullish diamond. Note that I'm looking at 12H, and if these happen in 1D, it's time and I'll buy you some drinks.
TAYOR and good luck.
SLPUSDT trade ideas
SLP already made 50% from low and can make another 200% growHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in comments, we will try to answer for all, thank you guys.
Today I will publish signals from our trading team for SLP .
Like I told you in my previous SLP idea, good entry point will be around 0.01 USD
Those who bought it already have 50% profit, but...
I think price can go much higher and show grow for around 200% profit, this is x3.
I expect grow to resistance level and round number 0.04 USD
Which also coincide with 0.236 correction level by Fibonacci.
Thats why I think SLP will make pullback upward to around 0.04.
Now good opportunity to buy SLP , price fall already more than 98% from high.
We expect this scenario, so be prepare for next movements.
Thanks for your time, we hope our work is good for you, and you are satisfied, wish you a good day and big profits.
Is this a true reversal for SLPUSDT?Hello SLP believers.
You see that blue triangle? It is a reversal signal, and we hope that it persists. If you want to trade this, still be careful and set a stop loss because sometimes, when everyone is bullish due to this slight pump, rekt happens. Overall, I’m glad that SLP is improving.
Ignore the whiners, controlling the supply of SLP is a good thing. If you get 10 slp per game and 1slp = 1usd is the rate, you would be happy right? So yeah.
Axie Pulls Their Economic Levers with Season 20As stated in my prior idea, the fundamentals will drive this train.
The double edged sword has cut in SLP holders direction.
With season 20 came some rather hard economic lever pulls.
Full article here: (um, actually I don't have a Pro account, so no link, but its the Feb 3 update on Axie's Substack)
TL:DR Axie has cut SLP adventure mode rewards and daily quest reward COMPLETELY. Leaderboard slots for PvP has been increased to 300,000 with a total winning pool of 117,676 AXS up for grabs (this should increase breading as more user devolop teams). The SLP tap hasn't turned down a rather substantial amount.
BONUS: They even discuss other future burn mechanisms like IN GAME SHOPS, PART UPGRADES AND OTHER COSMETICS. Wow, I don't think I've ever guessed something so accurately (I discussed these mechanics in my other idea on SLP).
Disclaimer: I didn't catch the bottom on SLP, nor do I have fat stacks of SLP. Sub 100k SLP at an average of .03$. I have not paid close attention to SLP or Axie in the past couple weeks.
At any moment (but from the looks of it, only during new seasons) Axie can flip another switch, and the story on SLP completely changes. As it currently seems, Axie is HIGHLY aware of their games current economic fragility, and won't do anything to cause further inflationary pressures.
Harmonic Gartley Pattern for SLP- Possible drop then Pump againGartley Harmonic pattern for SLP now.
Another bullish signal showed after the announcement of Season20. Another day ago, we saw a bullish divergence then price pump to 0.012$ from 0.009$.
Now its need to retrace and if Gartley pattern is valid, it will retrace to 0.0095$.
Possible pump again after retracement.
This is only a guide. Do your own Technical Analysis.
SLP Pump? After Season20 announcedOne of hardest crypto to do Technical Analysis is SLP. Due to millions of token mined everyday due to its games.
But yesterday announcement makes this coin pump. Less SLP to be mined, no more rewards in Adventure.
axie.substack.com
Now based on Technical Analysis and previous TA, the bottom of this is .010 which is reached. There is a valid bullish Divergence.
There is a break of structure in Higher High which signifies a Bullish Trend in Smart Money Trading.
Lets see how long will it pump and is this a valid retracement going on. Im bullish now on this coin.
"100 usd to 1,000,000 usd " challenge (8)My latest trade on BTC short got stopped out.
Next trade, it is for SLP. It seems we have finished the ABC corrective wave according to fib level extension (on log chart).
Filled Amount(SLP): 8688
Average Entry Price(usdt): 0.0109
Total Invested(usdt): 94.69
Follow for more updates.
SLPUSDT 300% profit at least is expected here As we said price is near this major support and if it respects this support we can expect a heavy pump here to the targets mentioned on the chart.
SLPUSDT had a deep fall and the market here is extremely bearish so we are looking for a local pump here and short-term investment.
DISCLAIMER: ((trade based on your own decision ))
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AxieInfinity | Smooth Love Potion $SLP
Technical Analysis:
RSI(14) 28.4920 BEARISH (OVERSOLD)
Moving Averages = bearish side
Resistance 2: 0.02
Support 2: 0.009
Upcoming S20 & Economic Balancing Adjustments
Volume = no demand x a lot of supply = price tends to fall
The supply of SLP will inflate in future.
Let's not forget that Axie ain't the same like it was before.
Since axie price drops, more investors = more supply of SLP.
- SLP did that before from 150 SLP (adventure and daily quest) to 75, it's just the same it goes down.
We are more in the community now. We are minting slp way more than it is supposed to burn. Having good tokenomics and burning mechanism is the key. Hopefully this fusion is one of the key burning mechanism. 31 billion circulating slp, If no one is willing to burn their slp then slp pumping is not possible.
Curious for your thoughts on $SLP and Axie Infinity updates.
👾👾
Traders VS Bots (SLP) Check the Price action of the candlesHi,
Sadly its the truth that SLP is being SHORTED By BOTS All the time. I dont know who.. but well its a massive down trend and has not even broke the trend..
Even at elliott wave counts it is in wave 4 which may make believe of many people that its sky rocketing.
But i believe it willdo another dump soon because there are so many shorts out there for this liable token.
If you can observe properly the size and price action of the candle its way to different if you look it at any other assets which have real trader candles VS this BOTS traders (SHORTS) perhaps its JIHOZ whos shorting this? or the SkyM___ Company?
Who KNOWS. I just hated them for doing it.
Its even clear in a 1HR TIme frame. (usually youll see this at below 5mins for a trading bot chart but for SLP its even clear in a 1 hr TF. This shows that its really going DOWN
#slp
SLPUSDT: are we to expect a slow price improvement?With the recent update from the Axie team, price may improve. The SLP rewards are less for players.
It doesn't matter if the SLP you receive is less if its price improves. I may say, this idea is better than doing nothing.
The group is trying to save Axie from economic collapse. Just don't listen to whiners.
Disclaimer: These are all opinions based on the news, and chart. TAYOR.
SLP USDTThis is my idea about SLP. It’s important to keep in mind that cryptocurrency prices are highly volatile and difficult to predict. You should evaluate the level of risk you are prepared to accept before investing. And never invest money that you cannot afford to lose. Bearish in long-term. Possible drop less, 0.0009 $ usd, maybe less.
Long term target sell 0.07 $ usd.
This is not financial advice !
Please do your analysis and consider investing!
It's my idea, thank you for the comments.
SLPUSDT, Its time to have some risesHello everybody
Whats up ? I hope everyone have a good time and good trading in these days
Did you take in position on XAUUSD (GOLD) ??
If you wanna learn Fundamental and Technical analysis send us messages in private ---> Our id is in profle
According to the chart and our previous serial analysis, if you go and check that analysis we shown on chart that everytime the price made triangle we have some jump and pump of the price.
At this time we expect the price is making a triangle and according to the past we expect that we have some jump and pump toward the first resistance trendline area and if it can break that its ready to move upwards toward the new target.
Guys becareful about this coin, its not memecoin its reward coin and there is no max supply for that and it can fall down more and more and more ...
If you have any question send us messages in private
Good Luck
Abtin
Previous analysis :