As you already know the main low happened 7-April. It is always the same date but we are looking at a different pair so please, bear with me. Stay with me and continue reading because you are going to love the results. The technical analysis can be repetitive and that is only because I like to keep it simple using signals, systems and technics that work. I don't care about three hundreds indicators as long as the market moves in my predicted direction.
The low happened in April and then we have two challenges of this level, lower lows. In June two days closed below (black line on the chart) just to recover. There you have a strong bullish signal. A failed signal on the breakdown. Then again on 15-July there is a very long lower wick session and this is truly the most bullish signal ever. On this date there was massive selling and the action reached the lowest ever just to recover, the day closing green. When you see a candle like this, you know for certain and for a fact that the bearish move is done, not possible anymore.
Strong selling did happen, so strong that it created a major low—outside the broader marketwide pattern—but everything was bought within hours. Since all the weak hands, all leveraged positions, all stop-losses, everything was activated on that move, what is left is a bullish wave. There is no liquidity left on the downside so the market has to grow next, and this is exactly what is happening.
Now, very easy within months we can see 400% and even 700% growth. Of course, this will be far from the end. These targets are based on the daily timeframe. If we consider the long-term picture, Smooth Love Potion (SLP) can grow so much more. If you are interested in such numbers and projections, boost this post to let me know. If enough people want to see it I can publish a new chart with the new all-time high and beyond.
Thank you for reading.
SLPUSDT has been growing since June 22, an entire month. The price pattern is very similar to what I just explained on Toncoin, a major boom will develop in the coming weeks. It can be just a few days from now, say 2-3 days, or it can take a bit longer but it is getting close, so close, that you can obviously see pricing rising right now and the green candles are getting bigger... It will only get better.
Thank you for the love.
Namaste.
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