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Enjoy This Trade
But At 0.00333
Sell At - 0.00355 -390 - 422 - 490 - 560 +
Stop Loss - 0.00311
Cup And Handle Is Forming . Be care Ful if it form handle then wait for handle and buy at breakout ...................
On the 12th of July Salus coin has tested $21 support level, which has been rejected for the third consecutive time since 24th of June. The triple bottom has been formed and price went up breaking above the 50 Moving Average.
While the strong bottom has been formed and MA breakout occurred, the correction to the upside could be expected. There are several...
Price is in between 50 sma and 100 sma.
Price fell half way to 100 sma and returned to 50 sma
Price should fall toward 100 sma
Price at 100 sma will either cross below 100 sma or consolidate sideways
Sell stop below 100 sma @ 1.7795
Take Profit @ 1.7728
SL as shown
If price crosses above 50 sma trade void
Currently Salus is trading right at the uptrend trendline, that is $25 area. This is the area of the 88.6% Fibonacci retracement level and as can be seen on chart, it has acted as support and resistance multiple times.
The price could look attractive from the buying perspective, considering that the price at the strong technical support. Although it is yet to be...
The analysis has started with Bollinger Bands indicator, it was found that before each huge growth of this coin there is a contraction in BB channel, and now a similar contraction is forming. Moreover the price touched Fib 0.618 support level and started to bounce from it. Stoch RSI strengthen this idea. The strongest argument the coin is in bullish mood is that...
Most recently Salus had a pretty impressive rise that spanned over two sections and saw it peak at 450% above the starting level, a couple of days later..
Many people say my figures are too high and seem unrealistic..
I'm not quite sure what to say to this stupid response, since the facts are right here.. I didn't Photoshop the f68kng chart..
This is kind of...
After the first phase of a beautiful breakout, and dare I say so, the first proper one that we've seen in some time, it now goes to phase 2, and this is the part that's been missing for months..
Let's hope it holds..
USDCAD was not able to break through the 61.8 fib level.
A possible trade on this setup is to open 2 small positions, both with the SL above the test of the 61.8 fib level. TP1 at the 50 fib level and TP2 at the support level showed in the graph. If TP1 is hit, move SL on the remaining positon to entry level.
If you have any questions or feedback on this...
SLSBTC is a hard one to catch but it looks ready for a possible break out. Price movement is currently bullish and it is nearing the end of a triangle after sharp spike (possible accumulation) . I'm long here ( <17000 ) with a tight SL. Let see how it goes...