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...
Buy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. Moon can take >15 days. But it's recommended to hold it for 6-7 days if any target not reached. Sell...
Broken out of a 6 month downtrend on the weekly, 4hr chart shows BBands are pinching and trend is tightening up. Needs volume just like everything else.
Salt has been below $3 for a while since it's ATH of over $20. Salt is a longterm hold. If it breaks more below and stay below the cloud, we can see it testing around $2.20 again.
Some things to watch out for:
- Below cloud
- Testing .5 Fib and trend
- Watch for the descending triangle
-- possible bounce or breakdown
- Vol is picking up
$DYOR and Happy Trading
Salt smashed through the conservative idea, so here's a new projection using the wedge its been in since early March.
The "Pro" title in my name means nothing. DYOR.
