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SALTBTC 4D: BEST level to BUY/HOLD 250% gains(SL/TP)(NEW)...
I was reviewing some old charts and SALT/BTC caught my eye. SALT's price action recently did a 3x move after hitting an all-time low and broke through a major resistance trend that it had kept it down since May 2019. The price just bounced off the .781 Fib retracement level and is finding support on the MA200. There is hidden bullish divergence on the daily MACD...
Salt (SALTBTC) is starting to produce some really strong bullish action in the past 5 days.
Take a look at the chart above, we can see trading volume increasing a lot as EMA10 and EMA50 are broken.
EMA100 (purple line) is the resistance that is being challenged now. Closing above this level can push SALT to grow 100%+ easy and fast.
A close below EMA100 would...
This is done at the request of one of our readers... It is my pleasure to comply.
This is the SALTBTC Chart on Huobi.
You can see the Fib. targets (grey and orange lines with numbers to the right side). These levels/prices are where SALTBTC will find resistance on the way up (if it moves up).
The blue dashed line is the main support on the way down (if it moves...
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.