Having noticed 5 waves up against the main trend (down), I have started tracking a new impulse bull cycle for SLP, where its on its way to complete bigger degree wave 2 (marked red), which can complete its downtrend around 0.618 - 0.786 fib levels.
From where I expect SLP to change course and start its uptrend to around $0.1
From where I expect SLP to change course and start its uptrend to around $0.1
Nota
Bullish view is intact and still valid! INVALIDATION price is 0.0087, above it we stay with the bullish view.
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Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.