So, last 2 days bears trying to push under 950 satoshis, but can't do it as bulls buy from this level, expecting some gains soon to 1400 level. Keep your stop around 950 satoshis. Good Luck.
Divergence on RSI and double bottom on 4h.
The unexpected Binance delisting was crippling to SALT's price, but the only reasoning was regarding the $50mil they raised for their ICO. However, I believe they will be relisted on Binance again especially before the next bull run because when that happens people will be fleeing the taxman to cash in all their crypto gains. And if any of you are as optimistic...
Another handful of coins gets delisted on Binance. The vast majority of volume for SALT is on Binance so this is not a good situation for future liquidity.
Will we get an exit pump before the 22nd...
Risk to reward 0.85
Low volume sell off.
Sell @590-597 @ 8 day moving average. Next target is 13 day moving average.
RSI support formed from 06 of February. Potential bounce zone.
MACD histogram ticking up while price going down.
Trade: Salt (SALTBTC)
Buy: 0.0000610 – 0.0000650
Stop loss: Close daily below 0.0000500.
I am sharing my SALTBTC trade at the request of one of our amazing followers.
Enjoy the profits as they come.
The Future Is Now (29-Dec-2017)
Today I went to the future, to see what it was like.
Just a simple projection here.
Lets see how it works out.
Good luck everyone ;)
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
The Weekly Chart on $SALTBTC looks coiled and ready to rip! Accumulating cheap price under 0.0000700! Back on 12/28/17 SALT/BTC hit a high of $17 USD now it sits around .23 cents! Buying long and holding for the coming months as this could really gain momentum again back near the $1-$10 range. Still it could go even higher but time will tell! Looking forward to...
Let's see if SALT can break and stay above the pink resistance line this time. Multiple support lines on the MACD and price chart, it is already starting to break out. I think SALT is ready to take flight.
Looking at Salt's 4-hour chart, we can see it has been in an uptrend since late November and is currently testing the upper resistance boundary. It has already broken resistance and has since retraced. However, if the price takes off, there is a ton of potential.
Looking at the 4-hour chart for SALT, the price has been steadily rising since late January and is currently testing overhead resistance. With support on the MACD and price chart,I think this is a great buy opportunity if the price breaks out. SALT has some pretty explosive pumps, so have your buy orders ready. If the price fails to break resistance, I will be...