SLP - the global trend line is very close!
A lot of guys are asking to analyze the SLP coin. Personally, I don't like this project, there are more promising projects.
If we analyze from the technical analysis side, we can say that with every rise there is a big volume at the top of the chart and this is not a good signal, which means that the big coin holders sell their coins at every good opportunity.
It is worth pointing out that the price has approached its trend line and starts squeezing, this is a signal for a breakout. In case of a breakdown of the global trend line, there could be a buying opportunity. But once again, this is not financial advice, this is purely analysis on the technical analysis side.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
If we analyze from the technical analysis side, we can say that with every rise there is a big volume at the top of the chart and this is not a good signal, which means that the big coin holders sell their coins at every good opportunity.
It is worth pointing out that the price has approached its trend line and starts squeezing, this is a signal for a breakout. In case of a breakdown of the global trend line, there could be a buying opportunity. But once again, this is not financial advice, this is purely analysis on the technical analysis side.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
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