SLP / TetherUS

SLP is under the accumulation stage

918
Legends & Scientists, Hi!

A picture speaks a thousand words?

Yes it does, and this is SLP.

Allow me to explain

Well first, on the daily, we have established a well rounded double bottom which is also a retest from the low of May 2021.

Moreover, the volume is now bigger than ever.

Yes, look at the below volume, that's what accumulation looks like.

This is a mid-long term hold on spot!

I would set a stop loss below the double bottom.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.