SLP is at the golden levels in fib levels. If it breaks out the 0.618 level, we might go up to 0.007827 or 0.009582. It also supports the hidden bullish divergence spotted in 1D TF.
Hidden bullish divergence in the 4h time chart. SLP is retraced back to the golden ratio levels based on the fibonacci pattern. We might go back to 0.006521 or to 0.006749 if it stays on the golden ratio levels. Let's see for the next few days if my TA is correct or not.
SLP right now has dipped just above 0.0155. This dip has created a tight hidden bullish divergence in the daily TF. We might bounce from this level and most likely hit 0.0293 and 0.0373. A falling wedge pattern is also present in the daily TF, once we retest the resistance which is around 0.0258 and we get a candle close above it, SLP will most like go back to the...
Hidden bearish divergence and bearish butterfly pattern at 1H TF. We might dip to around 0.0201 and 0.0196 . From there it will create a bullish butterfly pattern. We will bounce from that level and reach 0.0208 and 0.0211 . If we get a candle close above the bullish pennant pattern, we will most likely go back to 0.0220 .
In the daily timeframe of SLP, we have ended the bearish cycle. We are now currently in the beginning of a bullish cycle. Using Elliot Wave Fibonacci levels, I predict that we will hit 0.0566 , from there we will retrace to 0.0410 , and lastly we will jump high to 0.0855 . In the retracement for wave 2 there is a double EMA cross which is a good buy signal for...
Due to the recent news, the Ronin ecosystem was hacked. Lots of people got scared which resulted a dump in most coins like AXS, RON, and SLP. SLP went down to about 16% because of the FUD. Focusing in the chart, signals are getting stronger and stronger. The hidden bullish divergence we have is still intact, the longer it stays that way the bigger the pump once...
Bearish divergence in 15m TF. We might dip below to 0.0201 and most likely bounce from there back to retest the resistance. From there we will know if we will go beyond 0.0211. If we dip from the current level, it will form a bullish butterfly pattern.
We have a hidden bearish divergence in the 1H TF. We might dip back to 0.0192 and from there we will bounce back to 0.0201. From a bigger perspective we have a hidden bullish divergence growing stronger and stronger. After the small dip we might go back to 0.0216 and if the candle closes above 0.0216, SLP will go back to 0.0238 and possibly higher up to 0.0252 and 0.0280.
SLP just reached 0.0235 which was my prediction in the bullish term. Using fib levels we we might dip more possibly to 0.0208 and 0.0192. If we bounce from 0.0208, we might reach levels: 0.0235, 0.0252, and lastly 0.0280. I am favorable on SLP bouncing from the current level due to a hidden bullish divergence in the 15M TF.
We might dip back to 0.0170 and most likely bounce from there. We might reach levels back to 0.0185 and possibly 0.0190. RSI resistance is being retested, we will know if we will bounce back or dip back inside the RSI triangle. We might also dip lower than 0.0170 which is 0.0162 due to the hidden bearish divergence. - Hidden Bearish Divergence - RSI resistance...
Looking at 1H TF, It seems that we have a hidden bearish divergence in the chart. Supporting the hidden bearish divergence is the bearish butterfly pattern as well. We might go down back to 0.0157 and from there we will bounce very high for long term.
SLPUSDT has now candle closed above the falling wedge pattern. Bullish divergence appearing as well in the 1H TF. We might reach the following levels: 0.0204, 0.0217, and 0.0235. High volume rally back in February 10 and it has been a low volume correction ever since. Big pump is incoming. If you bought SLP at the previous dip, it would be a 50% profit for short...
Bullish butterfly pattern appearing at 1H TF. We might bounce back again back to 0.0172 and retest the resistance. There is also a chance of a dip due to another hidden bearish divergence in the chart. If RSI goes below the green line then we might dip to 0.0155 or lower. As long as we stay above the green line in the RSI levels, SLP is still bullish.
We've expected the dip to 0.0165 and lower than that. Hidden bearish divergence appearing at 1H TF. We might dip more to below 0.0152 or possibly lower. From there it is a possible bounce play to go back to 0.0165. If we break the RSI resistance levels we will most likely retest the resistance of the falling wedge pattern which is around 0.0172.