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SLPUSDT trade ideas

SLPUSDT Good buy opportunity*** *** For this particular analysis on Smooth Love Potion we are using the SLPUSDT symbol on the OKX exchange. *** *** The idea is on the 1D time-frame where SLP has been trading within a Channel Down since the May 12 Low. Yesterday's 1D green candle was made exactly at the bottom (Lower Lows trend-line) of this long-term Channel Down pattern. With the STOCH RSI making a Bullish Cross, it is quite likely that we will repeat a rebound similar to the previous Lower Low on June 18. What could make a difference this time is that the 1D MA200 (orange trend-line) is dropping rapidly and that should be the medium-term target. Any break above the Channel would be a bullish extension. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
2
Falling WedgeFalling wedge breaking out. Volume declining and price did retest and hold the wedge as support when it broke out. Forgot to post this 30min ago, oops. Price may be breaking out but i do potentially see a rising wedge forming which could dump back to where it formed and or to the measured move i have shown which is a basic gold pocket retracement. Multiple bullish patterns could form (Inverse head and shoulders, double bottom, ascending triangle, cup and handle, bull flat/pennant.) 15min Stochastic is overbought so price is likely to come back down POSSIBLY BACK TO ENTRY PRICES OR LOWER. So that is why it is best to wait for a bullish retest of the falling wedge and see price show strength and not break the low for continuation.
Long
by davidmarcus1324
Smooth Love Potion (SLP) formed bullish Gartley for upto 12.50%Hi dear friends, hope you are well, and welcome to the new trade setup of Smooth Love Potion ( SLP ) with US Dollar pair. In the previous trade, after hitting the 1st target, there was an extreme sell-off triggered and the priceline dropped down. Now on a 4-hr time frame, SLP has formed a bullish Gartley pattern. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
SLP | Crypto Long | Smooth Love PotionWhat 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.
Long
by DivergenceSeeker