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The long and grueling correction that has more than "chewed" up the clock and price is nearing a turning point. This count is much easier to count and realize vs. Bitcoin, and remains a favorite of mine to follow. This is the spot to place your bets, especially when few are expecting it.
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 ...
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 ...