Tripple bottom reversal for SLP ?!Here's a quick look at SLP 6 hr chart. As we can see, the price has printed a bigger tripple bottom formation and we could see a break to the upside soon. Definitely one to keep an eye on.
The best entry would be, when the price breaks above 0.074$ with good amount of volume .
-------------------------------------------
The idea is: Buy when the price breaks above 0.074$ and take profits at the levels shown in the chart.
Targets:
1. 0.083$
2. 0.095$
3. 0.105$
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
SLPUSDT trade ideas
Smooth Love Potion SLP (SLP/USDT) technical analysisThere is a clear (somewhat) strong horizontal resistance line which the price was unable to penetrate it; so far. On the other hand, wee see an widened uptrend line which the price bounced off it every time it went up. When the downtrend line break along with increase in buying volume we might see another strong uptrend wave; The target of this uptrend wave is either of the lines in its way.
SLPUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market and lower
target: 0.096 - 0.13 - 0.17
after first target reached move ur stop to breakeven
stop: w/o stop (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Will be very APPRECIATE FOR UR DONAT/coins :)
Open to your questions or suggestions(Looking for investors!).
SLP/USDTHi All,
one week ago I start monitoring SLP, and as I noticed , there is a huge volume entered the market as shown in the chart, in the indicators section, more over the price reached strong support zone marked also on the chart, if that support zone holds, I expect we will see a strong bullish move as shown.
Feel free to send me your comments, or even if you have other idea.
trade carefully.
Good luck for all.
Slp with a good setup and ready for a bounceThough SLP has unlimited supply the chances are very high for a quick retest of the previous ATH, it has been accumulating for quite sometime now and can break to the upside in the coming days, i am holding it with a tight stop loss, below 0.05 is no man land. trade cautiously, and never put all the eggs in one basket.
Good luck
SLP in accumulation phase...it will explode above the Ichimokou.I expect a retracement in the opposite side to up from now in the following weeks since the price is swinging around 0.6
My theory is simple, it does not exist a board going always down and always going up.
Here, something is missing in this board. Next week, next month...no matter a green ichimokou cloud going up on daily is missing.
Patience is the key of the success.