SLP has been in a downtrend for a long time. It is worth highlighting that the price has updated its historical lows, in case of a false breakout there could be a very good buying opportunity.
Locally it is worth highlighting that a trend line has been formed on the chart. Breakdown of the trend line will be a good signal for continuation of growth.
At the top marked a resistance zone, you should expect a reaction from the sellers, you can fix a part of the position in this area.
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Locally it is worth highlighting that a trend line has been formed on the chart. Breakdown of the trend line will be a good signal for continuation of growth.
At the top marked a resistance zone, you should expect a reaction from the sellers, you can fix a part of the position in this area.
💚Like us, subscribe and write the name of the coin you want us to analyze.
Ordre annulé:
There was no breakout and the candle did not close above the trend line. This idea is not relevant.
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