cryptoculto
Long

SALTBTC Trading Idea

BITTREX:SALTBTC   Salt / Bitcoin
Price currently sitting at support and forming an inverse H&S pattern which
would coincide with a higher high. This could trigger a rally easily under current BTCUSD             conditions of steady recovery.
not exactly how it was predicted
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@mrefai, TA is not predictions, is just a way to figure out the path of higher probability. The market won't always do what TA says, in fact, a perfect technical analysis only has about 60% chance of being accurate. Traders use TA because by choosing the path of highest probability, we will end up making a profit in the long run, even if some times TA will fail us. That where risk management comes into place, and how you distinguish good traders from bad ones. Cheers!
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