SLP / TetherUS
Long

So Far So Good...

265
Hello friends
I'm glad the previous analysis still worked.
As you can see, the price is still moving between the 2 drawn arcs, and it looks like the downtrend is over, and the "SLP" is currently moving straight and building a solid floor.
Momentum buying is rising and "RSI" is rising and breaking its lines.
It looks like it will start moving upwards soon. And if it does, it will be a Sharp move

Let's see what the situation is in the 4-hour time frame:
snapshot

Now a 1 hour time frame that has broken its downtrend line twice:
snapshot
It is in very good condition.
Of course, everything still depends on the bitcoin trend.

And in a 4-hour logarithmic mode that I hoped for two:
snapshot
The sad waterfall seems to have been forgotten.

I am very optimistic about it this time.
Lets see...

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