SLPUSDT trade ideas
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
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.
Trading opportunity for SLPUSDTBased on technical factors there is a Long position in :
📊 SLPUSDT
🔵 Long Now 0.00332
🧯 Stop loss 0.00304
🏹 Target 1 0.00350
🏹 Target 2 0.00385
🏹 Target 3 0.00442
💸Capital : 1%
We hope it is profitable for you ❤️
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SLP is going to be zero?Hello to all friends.
SLP in general is not a long-term investment.
The best use of this coin is trading and buying and selling, not huddle.
After breaking the weekly trend line, it is suitable for a buy position.
A positive and promising point is the divergence of price and volume as well as RSi, which indicates the weakness of the downward trend.
Good luck.
SLP wonderful potential for gain 👌💡🚀Hello 🐋
Based on the chart, the price stands in the parallel channel for a while and many range candlesticks and perfect potential for gain 📖✔️
if
the price breaks the channel resistance ($0.0070) to the upside, we will see more gain 🚀👌
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
SLPUSDT |Coin Review| Long term assetHello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Here you can approach it as an investor and take the project for the long term.
SLP is a game project, I think the coin can be taken for a long time, it can give 100% in a couple of months.
SLP struggle to break out and if that happen...#SLP/USDT
$SLP is above the ascending trend line and tries to break out the ascending channel which is the same with resistance around $0.0054.
🐮 break out from this resistance will increase the price toward ascending resistance zone and in long term, we can expect the price continues uptrend move to touch the 0.382 fib level of the last weekly swing down.
🐻 nearest support is around $0.0043 that is the same with ascending support, and price should hold it for upward move