SMOOTH LOVE POTION - SLP/USDT
SMOOTH LOVE POTION - SLP/USDT
13.84 USDT (-0.14%)
03/28/2025 - 16:34 Closed Real time data - CoinMarketCap
Open: 13.78
Change: -0.02
Volume: 90,077
Low: 13.70
High: 13.92
High / Low range: 0.22
Type: Cryptocurrencies
Ticker: SLPUSDT
ISIN:

SMOOTH LOVE POTION - SLP/USDT - 1H - Technical analysis published on 08/13/2024 (GMT)

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  • 08/13/2024 - 09:00
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  • Timeframe : 1H
  • - Analysis generated on 08/13/2024 - 09:00
  • Status : TARGET REACHED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
56%
33%
My opinion
Bearish under 0.002413 USDT
My targets
0.002300 USDT (-1.12%)
0.002232 USDT (-4.04%)
My analysis
SMOOTH LOVE POTION - SLP/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.002413 USDT. The next support located at 0.002300 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.002232 USDT. Below this support, sellers could then target 0.002106 USDT. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
6.8

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 MOHAMMED ALAMERI. Take part yourself by sharing additional analysis on another time unit:
Daily Weekly

Additional analysis

Quotes

SMOOTH LOVE POTION - SLP/USDT rating 0.002326 USDT. The price is lower by -2.35% since the last closing with the lowest point at 0.002311 USDT and the highest point at 0.002387 USDT. The deviation from the price is +0.65% for the low point and -2.56% for the high point.

0.002311
0.002387
0.002326

So that you have an overall view of the price change, here is a table showing the variations over several periods:
Created with Raphaël 2.3.0-100-50050January 1st3 years1 year6 months1 month5 daysToday

Technical


Technical analysis of this 1H chart of SMOOTH LOVE POTION - SLP/USDT indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



Technical indicators are bearish. There is still some doubt about the decline in the price.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

MACD indicator is back under 0

Type : Bearish

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.002106 0.002232 0.002300 0.002326 0.002413 0.002485 0.003482
Change (%) -9.46% -4.04% -1.12% - +3.74% +6.84% +49.70%
Change -0.000220 -0.000094 -0.000026 - +0.000087 +0.000159 +0.001156
Level Minor Intermediate Intermediate - Intermediate Minor Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0020860.0021600.0022710.0023450.0024560.0025300.002641
Camarilla0.0023310.0023480.0023650.0023820.0023990.0024160.002433
Woodie0.0021050.0021690.0022900.0023540.0024750.0025390.002660
Fibonacci0.0021600.0022310.0022740.0023450.0024160.0024590.002530


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0014490.0016580.0020380.0022470.0026270.0028360.003216
Camarilla0.0022560.0023100.0023640.0024180.0024720.0025260.002580
Woodie0.0015350.0017010.0021240.0022900.0027130.0028790.003302
Fibonacci0.0016580.0018830.0020220.0022470.0024720.0026110.002836


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0003100.0011800.0018940.0027640.0034780.0043480.005062
Camarilla0.0021710.0023170.0024620.0026070.0027520.0028970.003043
Woodie0.0002310.0011410.0018150.0027250.0033990.0043090.004983
Fibonacci0.0011800.0017850.0021590.0027640.0033690.0037430.004348

Numerical data


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

Technical indicators
Created with Raphaël 2.3.0Sell10
Moving averages
Created with Raphaël 2.3.0Sell24

RSI (14): 45.24
MACD (12,26,9): 0.0000
Directional Movement: -8.502360
AROON (14): -35.714285
DEMA (21): 0.002346
Parabolic SAR (0,02-0,02-0,2): 0.002384
Elder Ray (13): -0.000018
Super Trend (3,10): 0.002280
Zig ZAG (10): 0.002322
VORTEX (21): 0.9592
Stochastique (14,3,5): 29.02
TEMA (21): 0.002347
Williams %R (14): -87.06
Chande Momentum Oscillator (20): -0.000025
Repulse (5,40,3): -1.2271
ROCnROLL: 2
TRIX (15,9): 0.0273
Courbe Coppock: 1.53
MA7: 0.002326
MA20: 0.002502
MA50: 0.002712
MA100: 0.003253
MAexp7: 0.002340
MAexp20: 0.002346
MAexp50: 0.002349
MAexp100: 0.002347
Price / MA7: -0%
Price / MA20: -7.03%
Price / MA50: -14.23%
Price / MA100: -28.50%
Price / MAexp7: -0.60%
Price / MAexp20: -0.85%
Price / MAexp50: -0.98%
Price / MAexp100: -0.89%

Quotes : 08/13/2024 - 09:00 - Real time data - Cryptocompare

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

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