SLP/USDT strong potential in parallel of AXS bullish momentum

2022년 2월 10일

SLP/USDT strong potential in parallel of AXS bullish momentum - NFT Sector

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

SLP is also unique because of how it has become one of the few in-game tokens to be listed by Binance in its Innovation Zone. The exchange has reserved this trading category for assets “that are likely to have higher volatility and pose a higher risk than other tokens

Context:

Regarding the lake of historical data it for now not possible to present picture with a strong conviction - However the few technical elements and wave proportion can already leaning towards an interesting upside potential in parallel of the success on AXIE

here the view on Axie => https://www.tradingview.com/chart/AXSUSDT/vVafroHp-Axie-Infinity-AXS-USDT-Recovery-expected-towards-119-00/

Tactical view - 1 to 3 weeks

The fact that 3 key elements (EMA upside breakout, RSI 50% upside breakout and first Harmonic on 3H basis upside breakout) are already bullish pre-signal allow us to be confortable with a larger rise at least to test 0,0910 in order to complete the harmonic auto-similar move (action/reaction). The next target above 0,0910 are more to be consider for a strategic horizon once 0,0910 has been surpassed at least in a daily close.

As long as 0,0125 remains a key tactical support valid the market is expecting to accumulate bullish momentum in dip (area possible 0,0215/0,0150) to reach 0,0910

Enjoy

2022년 3월 24일

액티브 트레이드

Imminent take of on going !