ddepalma

SALT Analysis @ All-time Lows

Long
ddepalma Updated   
BITTREX:SALTBTC   None
Salt is one of a few coins I have been keeping an eye on recently, and actually has just triggered alarms that I had previously set near All-time Lows. Historically, the bottom green range was the buy zone before previous pumps into ATH. While history is no indicator, it is important to keep in mind these are still crucial zones. If support is held through 300k satoshis, I would consider the bottom to be in, and move accordingly. For now, I am gaining some limited exposure (speculative). Waiting for confirmation of reversal or breakout of falling wedge to increase exposure. s/l @ 275k sats. Fundamentally, there are a few items listed on roadmap to finish out the rest of the year, including debit/credit card and the ability to use altcoins as collateral for loans.
Comment:
50% gain from bottom :)

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