equatecapital

SALTBTC priming for massive growth by EOY

Long
BINANCE:SALTBTC   None
As SALTBTC recovers from breaking the support of the greater descending triangle (labeled by ABCDE waves) by undergoing a falling wedge breakout, we will most likely re-enter the triangle, but by first testing the support turned resistance. Once this resistance is broken, the Elliot Waves (labeled 12345) will bring us to a crucial 4th major test of the greater triangle. If the triangle breaks and sees continued growth, we will most likely see ridiculous EOY (End of Year) highs hovering around 6-7x current BTC price (around 12k-14k sats). I will post a follow-up SALTBTC daily chart to thoroughly explicate my EOY predictions, so make sure you check that out.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.