DEFI-trader

NOT A TRIANGLE : Update

Viés de alta
BINANCE:SLPUSDT   SLP / TetherUS
Here are my thoughts:

  • On previous posts it was mentioned that SLP wasn't forming any triangle formation.

  • After that, when prices went lower, I entered on a support and got stopped.

  • For now, it seems that SLP is still struggling but it is near strong support area.

  • I updated the descending Log channel to the new data.

  • Right now, this is a good area to start with really small positions and dollar cost average.

  • I am not expecting SLP to go lower than 0.1 usd, so it is a safe area for long term holders.

  • For swing traders, wait for bottoming formation first.


    Follow for more updates.
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.