Taking a look at SALT-BTC.
SALT had an impulse leg which had a nice run-up. Consolidation followed, with another minor run-up.
We can expect to see further consolidation before another potential bull run.
RSI:
Taking a look at the RSI, we can see the run-up lead to SALT being overbought.
Running around the middle for more downward movement to being...
I very like SALT loan technology. It is very good longterm for nice order price already.
Predictions SALT price by end of 2018 saying 50$ .
Is it still in good value & good choice for long-term holder.
Total supply is relatively low ( 120 000 000 ). I always watching this indication. Less is better : )
Many cryptos has billions supply. That majorly means,...
SALT BTC showing a good probability of a 3rd bounce off resistance. Trade volumes are quite low meaning that price movement will be little and has the possibility of breaking out once volume is regained.
Personally I see price drop between 0.00062480 BTC and 0.00051447 BTC as marked by the Accumulation zone on the chart.
Let me know what you think!
SALT looks primed to breakout of a textbook 1 month right angle consolidation triangle, with large upside potential. RSI divergence evident over previous week, with cup and handle pattern evident over 4 month time frame.
During its consolidation, the price has been ranging between FIB levels (61.6%, 50.0%, 38.2%, 28.3%) which coincide with key support/resistance...
SALT perspective project, loans secured by crypto currency. Now Moving in triangle near support line. Stoch RSI -oversold. Looking for magic 161.8% level fibonacci. 1 feb will add to UPcoin exchange
Here's my wavecount analysis on SALT, the whole project is amazing, solid team, solid goal. And from the looks of it there seems to be solid gains to be made. This time I've actually tried to predict the timing of the waves, since my last few ideas had complaints on that note. However I'm hoping to see a breakout around the 28th or 29th of January.
Let me know...
SALT is close to its support line with potential to get back to the latest ATH in the next weeks. I've been watching the market and holding my positions until the tide gets calmer, even though that is taking longer than I expected, this SALT buy opportunity seems pretty good to me, and I wouldn't let it pass. The target price is highlighted on the chart.
Elliott waves triangle ending, decreasing volume, oversold.. everything tell us to buy!
It may take some time to reach the highest target (2 months +) and in the middle there could be some relevant correction wave (2 and 4 )
Targets:
-0.00106812
-0.00157225
-0.00194803
Price is in a consolidating pattern as you watch it coil, making lower highs and higher lows. A break of this pattern will signal the next move. RSI will lead the way (as usual).
