#SLP/USDT
SLP is inside a parallel channel that can act as flag pattern.
🐮 price can drop to support zone around $0.017 that is the same with lower line of channel and then head up to break out upper line.
breaking out of flag can increase price to resistance zones and if price going to complete AB=CD pattern it will reach $0.05.

weekly time frame shows price can increase to $0.07 and $0.12 or even more
🐮 price can drop to support zone around $0.017 that is the same with lower line of channel and then head up to break out upper line.
breaking out of flag can increase price to resistance zones and if price going to complete AB=CD pattern it will reach $0.05.
weekly time frame shows price can increase to $0.07 and $0.12 or even more
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.