SLP, the famed token for the increasingly popular Axie Infinity game.
It dipped hard last week and again last weekend. And it appears to be regaining strength adn price momentum ahead of the main tokens. Best part is that it also held the support in the daily chart, with a bullish supportive looking candlestick.
As we say in Singapore, this one got chance.
I took a bite at chance (white arrow) given the technical analysis on my board of indicators. Gotta have faith in the systems you built!
And so far, it is trending upwards. Would like to see if it holds support on the 55EMA (orange line) and relaunch from there in the days to come...
Do your own DD on this if you are keen, there is much talk about it!
It dipped hard last week and again last weekend. And it appears to be regaining strength adn price momentum ahead of the main tokens. Best part is that it also held the support in the daily chart, with a bullish supportive looking candlestick.
As we say in Singapore, this one got chance.
I took a bite at chance (white arrow) given the technical analysis on my board of indicators. Gotta have faith in the systems you built!
And so far, it is trending upwards. Would like to see if it holds support on the 55EMA (orange line) and relaunch from there in the days to come...
Do your own DD on this if you are keen, there is much talk about it!
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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.