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Slpbtc

#SLP/USDT#SLP The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it. We are seeing a bounce from the lower boundary of the descending channel, this support at 0.001550. We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend. We are looking for stability above the 100 moving average. Entry price: 0.001720 First target: 0.001800 Second target: 0.001887 Third target: 0.001997
Long
by CryptoAnalystSignal
SLPUSDT has got rejected from a major support zone 0.00400 SLPUSDT has got rejected from a major support zone at 0.00400. The price has been moving down for a long time but as we see it was able to break the bearish trend line. On the lower time frame we can see that the price has formed a triangle and it has already got out of the triangle. We can expect that the price continues to go higher to 0.00825 💎 SLPUSDT 🔵 Entry zone 0.00575 -0.00673 🟢 TP1 0.00825 🟢 TP2 0.01165 🟢 TP3 0.01555 🔴 SL 0.00390 Good Luck 🎲
Long
by Fibonacci-Signals
6
SLP CRITICAL LEVEL HAS TO HOLD There are two scenarios I have outlined that could potentially happen in my opinion. 1) We really really REALLY need to hold this green box as support and break above previous highs so we can make our way out of the ichimoku cloud and start an actual uptrend. As of right now, SLP has been generally trading sideways for the most part. 2) If SLP manages to do this, we could very well see a move to around 6 cents. 3) We will need to break above the 200 day moving average (blue line) as well, which is pretty important for most cryptocurrencies. 4) If SLP breaks this green box of resistance to the downside, we could very well sweep the low again. 5) This is not financial advice and always do your own research before entering a trade.
by MarketM8ker
1
SLPUSDT, What should we do now ...Hello everybody In these days im so busy and i dont have enough time to piblish new idea but i will come and check every of your energic and lovely messages in here and in my social account, thanks a lot guys According to the chart and last analysis we expect the price that wanna start the correction wave and exactly happend and now we expect the price should have more correction because of the condition of market and its need to correct the rally movement that is happend in past . if you wanna learn technic of analysis of SLP you check our last and previous analysis of SLP that how we can use triangle in the chart Previous analysis : If you have any question send us messages Good Luck Abtin
Short
by Abtin00
4
SLP Danger zone Not much has changed since I posted about SLP a few days ago. I have linked my previous post below as everything within it is still relevant in my opinion. Take this into consideration: 1) SLP has now flipped the green box I had from support to resistance, so I have changed it to red in color indicating a zone of resistance. 2) The longer we hang out below this box the higher the likelihood becomes that situation 2 will play out, however situation 1 could still be on the table. 3) AS LONG AS SLP ISSUANCE STAYS 10-15X GREATER THAN THE BURN RATE, IT IS HIGHLY UNLIKELY WE WILL CONTINUE TO MOVE UPWARDS!!! This is a key component to the price everyone seems to be forgetting. SLP still has a big inflation problem right now. The only way we can officially move into an uptrend is if the mint rate decreases drastically, OR if the market cap increases at a rate that is greater than the average current mint/burn rate. You cannot keep increasing supply of a coin by 10-15x its burn rate and expect an uptrend unless there are a ton of buyers. Basic supply and demand. 4) I know Axie is aware of the mint/vs burn rate problems but as of today they still exist. Until this changes i'm relatively bearish on this coin. 5) Remember, this is not financial advice and always do your own analysis/research before making any decisions on the market.
Short
by MarketM8ker
SLP BROKE SUPPORTPlease support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ With respect to my previous analysis, the question asked has been answered, price broke support and started to fall. Watch out for next forecast on slp🔥 What do you think? Share your opinion in the comment section✍️ You can also demand for analysis of your preferred coin Follow me stay updated about this coin and more helpful projects like this🎁 Happy Trading💰🥳🤗
Short
by PetrockTheAnalyst
3
💥SLP PRICE CONSOLIDATION🤔Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ Here is my new update on SLP. As highlighted on the chart, price broke out of the falling wedge and went straight into consolidation. Price has been rallying within this zone at 0.0186 - 0.0217 from 24th February till this current time. This question at hand is will price break the consolidation to the upside or downside? What do you think? Share your opinion in the comment section✍️ You can also demand for analysis of your preferred coin Follow me stay updated about this coin and more helpful projects like this🎁 Happy Trading💰🥳🤗
by PetrockTheAnalyst
22
💥SLP - Target at $0.0141 still validPlease support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ This right here is a descending channel with two marked areas of support and resistance. Price is rising towards the upper trendline. If it reverse at this trendline, price will fall to $0.041. If it break upward from the channel, then this idea is invalid. What do you think? Share your opinion in the comment section✍️ You can also demand for analysis of your preferred coin Follow me stay updated about this coin and more helpful projects like this🎁 Happy Trading💰🥳🤗
Short
by PetrockTheAnalyst
8
💥SLP - TO RISE TO 0.0227 OR FALL TO 0.018Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ The answer slp gave to the question i asked in the last idea is NO Instead of a bullish break out of the pennant, we had a bearish breakout. With this breakout, slp is totally bearish right now. The next target is $0.018. It can also rise to $0.0227 for a retest. What do you think? Share your opinion in the comment section✍️ You can also demand for analysis of your preferred coin Follow me stay updated about this coin and more helpful projects like this🎁 Happy Trading💰🥳🤗
Short
by PetrockTheAnalyst
10
💥SLP - ANOTHER CHANCE TO MAKE 50% - 60%Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ The short term target still remain $0.0470 and $0.0500. Did you make profit from my last post on SLP? In my last post I gave a signal to pick a long position at the provided BUY AREA Price is still within this buy area and hasn’t hit the stop loss given. If you missed the last signal and still want to hop in on this, you can go in here. SLPUSD BUY POSITION Buy within - $0.0285 - $0.0335 Stop loss - $0.0255 Take profit 1 - $0.047 (60% ROI ) Take profit 2 - $0. 05 (70% ROI ) Risk - 10% We had a false breakout from the resistance zone as indicated on the chart which led price back into the buy zone. Slp may dwell in the buy zone before rising again and it can shoot out very fast. What do you think? Share your opinion in the comment section✍️ Follow me stay updated about this coin and more helpful projects like this🎁 Happy Trading💰🥳🤗
Long
by PetrockTheAnalyst
20