I know it's a complete shitcoin and you shouldn't trade it bla bla . But I kinda like how it looks :D
I just got a small long from 0.00333. I will watch it for a while.
I just got a small long from 0.00333. I will watch it for a while.
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What I like is this double jebait essentially. The chart on the idea is too complicated to calculate some TP levels :D
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I wanted to see the same thing on Bitcoin daily chart a while ago but it didn't happen :D So technically I can say I'm more bullish about SLP than BTC hahaha.
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You can't deny this is straight up strength. Perfect.
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Just a12000% to go hahaha. Wild west.
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Volume is going up with the price. This thing is good :D
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It can do this on this lower timeframe before going up again. And it's very volatile. So, you have to trade very carefully if you want a degen trade on this.
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Riding on 15m EMA's is usually a good signal. Let's see.
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I will get out if it makes a 12h close below 0.003:
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I don't use stop loss on this one because I am heavily short on BTC and some big altcoins. I don't think this can lose its major support before the market starts crashing. If the market starts crashing I am printing money. So taking a lil bit risk with this trade makes sense for me. And it's like a protest you know :D Longing the shittiest shitcoin as a hedge just because TA-wise it looks good? Yeah.
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Btw it looks REALLY good. You can't explain it with TA if this goes down.
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I mean you can explain everything with TA in hindsight but right now it screams nothing but pump.
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Another one. $ONE:
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The pullback is pretty alright. Just hold 0.003. It's not a top structure so far.
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Volume goes to zero with price going down. Just like previous peaks.
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If you believe the one on the right is accumulation, the one on the left is just better accumulation :D
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Someone has placed the box a lil bit lower than me :D
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This can easily turn into a rejection you know. All depends on BTC and ETH. I'm so ready to take the L here if the market is going to turn down :D
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SLP/ETH:
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Zoomed in. I mean idk how meaningful SLP/ETH is but it is what it is.
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Ok 12h close in the box. I believe it should find support around the curve. Or I'm gonna give it a dislike.
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Dislike deserved.
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There is still no sell volume. Still a corrective behavior. Daily close will tell something.
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Smell of fakeout is in the air but too early to tell.
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Daily close will tell something.
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Should be above 0.003 at least. Ideally 0.0315.
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Increased size @0.003. Stop ~0.0029. This has to bounce here or no point to carry it for me.
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Hmm ok i'm out of this. Shorts are coming back to life at least :D
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Damn what a close. Good thing I'm out.
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Honestly this is shortable right now.