SMOOTH LOVE POTION - SLP/USDT

- USDT (-)

- Real time data - CoinMarketCap

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Cryptocurrencies
Ticker:	SLPUSDT
ISIN:

SMOOTH LOVE POTION - SLP/USDT - Daily - Technical analysis published on 02/23/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

22%

33%

44%

My opinion

Bearish under 0.033134 USDT

My targets

0.021268 USDT (-5.09%)

0.014363 USDT (-35.91%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on SMOOTH LOVE POTION - SLP/USDT. As long as you are under the resistance located at 0.033134 USDT, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.021268 USDT would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.014363 USDT as an objective. Crossing it would then enable sellers to target 0.009393 USDT. If the resistance 0.033134 USDT were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

2.5

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by baltbach. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The SMOOTH LOVE POTION - SLP/USDT rating is 0.022410 USDT. The price registered an increase of +22.53% on the session with the lowest point at 0.017900 USDT and the highest point at 0.023490 USDT. The deviation from the price is +25.20% for the low point and -4.60% for the high point.

0.017900

0.023490

0.022410

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in Daily of this SMOOTH LOVE POTION - SLP/USDT chart shows a bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Bullish engulfing lines

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.009393	0.022410	0.058776	0.095765	0.139600
Change (%)	-58.09%	-	+162.28%	+327.33%	+522.94%
Change	-0.013017	-	+0.036366	+0.073355	+0.117190
Level	Intermediate	-	Intermediate	Major	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.015727	0.016483	0.017387	0.018143	0.019047	0.019803	0.020707
Camarilla	0.017834	0.017986	0.018138	0.018290	0.018442	0.018594	0.018747
Woodie	0.015800	0.016520	0.017460	0.018180	0.019120	0.019840	0.020780
Fibonacci	0.016483	0.017118	0.017509	0.018143	0.018778	0.019169	0.019803

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.006707	0.014363	0.019387	0.027043	0.032067	0.039723	0.044747
Camarilla	0.020923	0.022085	0.023248	0.024410	0.025572	0.026735	0.027897
Woodie	0.005390	0.013705	0.018070	0.026385	0.030750	0.039065	0.043430
Fibonacci	0.014363	0.019207	0.022200	0.027043	0.031887	0.034880	0.039723

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.037080	-0.013839	-0.001973	0.021268	0.033134	0.056375	0.068241
Camarilla	0.000238	0.003456	0.006674	0.009892	0.013110	0.016328	0.019546
Woodie	-0.042769	-0.016683	-0.007662	0.018424	0.027446	0.053531	0.062553
Fibonacci	-0.013839	-0.000428	0.007858	0.021268	0.034679	0.042965	0.056375

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	51.77
MACD (12,26,9):	0.0009
Directional Movement:	12.141116
AROON (14):	-85.714286
DEMA (21):	0.023303
Parabolic SAR (0,02-0,02-0,2):	0.034226
Elder Ray (13):	-0.001626
Super Trend (3,10):	0.031599
Zig ZAG (10):	0.022500
VORTEX (21):	1.0752
Stochastique (14,3,5):	9.90
TEMA (21):	0.024383
Williams %R (14):	-77.04
Chande Momentum Oscillator (20):	-0.004580
Repulse (5,40,3):	4.4148
ROCnROLL:	-1
TRIX (15,9):	1.6450
Courbe Coppock:	66.88

MA7:	0.021596
MA20:	0.022883
MA50:	0.018306
MA100:	0.030871
MAexp7:	0.021811
MAexp20:	0.021800
MAexp50:	0.022836
MAexp100:	0.035813
Price / MA7:	+3.77%
Price / MA20:	-2.07%
Price / MA50:	+22.42%
Price / MA100:	-27.41%
Price / MAexp7:	+2.75%
Price / MAexp20:	+2.80%
Price / MAexp50:	-1.87%
Price / MAexp100:	-37.42%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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