SALT tried to make a cup and handle but lost support. We could be going down even more from here.
3 Reasons: Location: Within near bottom structure, W has formed right off 0.618 Momentum: W confirmed on Willy n OBV. Willy has left being oversold n being stupid. Structure: Double Bottom, enter at confirmation of W. Risk against structure low Profit Objective: 2:1 R/R min.
Decisions, decisions... Educational... Longmoney
nice set up on weekly with narrowing range. Long over 7.60 $SALT $BDI
SALT needs to hold support at the .382 or we will continue down. If you're in SALT, make sure to set your SL, those wicks look nasty. Good Luck!
using different MA 13 and 48 to find good timing for buy in deep
Hello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by the end of the year by day trading altcoins. I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile. The first week, I made a few mistakes...
$Salt showing signs of reversal as bullish presence develops as shown by the obv, macd, and RSI divergences. Weekly heiken ashi candles expected to change colors at todays closing. Areas of Resistances as mentioned. twitter.com
I was able to pick up SALT at 1501 and set a stop loss in profit. Lets hope we go up from here!
Hello guys, I think SALTBTC could be in a good technical environment to try a further run. In fact, if it is able to break 0.000225 BTC (R1) it can go to 0.000248 BTC(R2), where there is a first resistance level, and then to 0.00028 BTC area (R3). Volume are good enough to support this vision and indicators are set to substain another possible rise. In case set...
3 channels here.. Bullish case looks promising Resistance at 2840 sats 43% profit potential
Entry at 1532, don't forget to set your Stop Loss!
Dear all, Here is a trade setup I'm taking on SALT. The coin had a extensive retracement, now price has printed a double bottom and daily RSI is showing a bullish divergence. Several resistances in front: - the previous support of falling wedge turned resistance - Falling wedge resistance This is a long term trade and I highlighted in green my TPs zones. All...
Here is another entry point for SALT/BTC. Please remember to set your stop loss!
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.