elexicius

SLP is at the golden levels in fib levels. If it breaks out the 0.618 level, we might go up to 0.007827 or 0.009582. It also supports the hidden bullish divergence spotted in 1D TF.

Hidden bullish divergence in the 4h time chart. SLP is retraced back to the golden ratio levels based on the fibonacci pattern. We might go back to 0.006521 or to 0.006749 if it stays on the golden ratio levels. Let's see for the next few days if my TA is correct or not.

hidden bullish divergence and bullish butterfly harmonic pattern.might be bearish in the short term since it only reached halfway the target range.

SLP right now has dipped just above 0.0155. This dip has created a tight hidden bullish divergence in the daily TF. We might bounce from this level and most likely hit 0.0293 and 0.0373. A falling wedge pattern is also present in the daily TF, once we retest the resistance which is around 0.0258 and we get a candle close above it, SLP will most like go back to the previous high. A possible fakeout could occur around that level but if that happens, we will dip to around 0.0184 and from there we will most likely retest the resistance again.

Hidden bullish divergence and bullish harmonic at 1H TF. We can bounce at 0.0261 and reach 0.0315 and 0.0320. We can also dip lower at the current level which is around 0.0249 but we will still bounce from that level.

Hidden bearish divergence and bearish butterfly pattern at 1H TF. We might dip to around 0.0201 and 0.0196 . From there it will create a bullish butterfly pattern. We will bounce from that level and reach 0.0208 and 0.0211 . If we get a candle close above the bullish pennant pattern, we will most likely go back to 0.0220 .

In the daily timeframe of SLP, we have ended the bearish cycle. We are now currently in the beginning of a bullish cycle. Using Elliot Wave Fibonacci levels, I predict that we will hit 0.0566 , from there we will retrace to 0.0410 , and lastly we will jump high to 0.0855 . In the retracement for wave 2 there is a double EMA cross which is a good buy signal for long term. Looking as well on the volume, we had a high volume rally in wave 1 and the retracement was low volume, this is a good sign that SLP will go very high in the near future. SLP is now on the bullish cycle and I think that SLP will reach its ATH by the end of the year. Origin is fast approaching and once it comes out, we will see the biggest pump of SLP for this year. As long as SLP is above the RSI level, SLP will have good results.

Due to the recent news, the Ronin ecosystem was hacked. Lots of people got scared which resulted a dump in most coins like AXS, RON, and SLP. SLP went down to about 16% because of the FUD. Focusing in the chart, signals are getting stronger and stronger. The hidden bullish divergence we have is still intact, the longer it stays that way the bigger the pump once the divergence plays out. We have a big bullish butterfly pattern and a double bottom appearing in the 1H TF. If the RSI breaks the resistance which is the black line, we will go up. We could reach levels: 0.0226, 0.0229, 0.0238 , and most likely higher once Origin comes out. If Sky Mavis continues to release the alpha test for Origin despite the hacking that happened, we will pump big. This is a good opportunity for them to release Origin. Big reversal will come anytime soon.

Hidden Bullish divergence at 15M TF. We might go back to 0.0226 and retest that resistance. The moment a candle closes above 0.0226 we are going back to 0.0229. Cup and handle pattern forming as well.

Bearish divergence in 15m TF. We might dip below to 0.0201 and most likely bounce from there back to retest the resistance. From there we will know if we will go beyond 0.0211. If we dip from the current level, it will form a bullish butterfly pattern.