SLP / TetherUS
Long

"SLP" logarithmic analysis

620
Please read this analysis to the end.
I will try to explain all the shapes drawn in the chart to you one by one.

This time I tried to check the chart logarithmically. But in the end, the results were the same by examining it non-logarithmically.

At the end, I will give you the link of the previous analyzes.

Well, let's go:

istantanea
Yellow curve in daily logarithmic chart.
Even here, the rapid downturn seems to be over. And "SLP" is moving straight to get the energy it needs before prices rise.
Closer view in 4-hour chart:
istantanea

Ascending channel in the daily chart:
istantanea
Let's take a closer look at the 1 hour chart:
istantanea
As you can see, we had a fake breakout and bullstrap.

I also found some diagonal lines that the price responded to nicely:
istantanea
They can act as resistance and support.

istantanea
In this picture, you can see that we are still in the price floor. Where most transactions have taken place and of course are still taking place.

And at the end of the previous analysis update:
istantanea
The descending channel was broken.
We are currently moving straight to see what happens.

Let's see ...

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.