Long
Potential SALT-BTC
Taking a look at SALT-BTC.
SALT had an impulse leg which had a nice run-up. Consolidation followed, with another minor run-up.
We can expect to see further consolidation before another potential bull run.
RSI:
Taking a look at the RSI, we can see the run-up lead to SALT being overbought.
Running around the middle for more downward movement to being oversold.
MacD:
The MacD is well below the signal line. Resuming a bearish run with a bearish market.
Volume:
Volume is gradually going down, as not unusual with the state of the current market trend.
Trading Positions:
Stop Loss: 0.0002
Buy-In: 0.00048739
Disclaimer: This is not financial advice, just personal speculation on the possible trend.
SALT had an impulse leg which had a nice run-up. Consolidation followed, with another minor run-up.
We can expect to see further consolidation before another potential bull run.
RSI:
Taking a look at the RSI, we can see the run-up lead to SALT being overbought.
Running around the middle for more downward movement to being oversold.
MacD:
The MacD is well below the signal line. Resuming a bearish run with a bearish market.
Volume:
Volume is gradually going down, as not unusual with the state of the current market trend.
Trading Positions:
Stop Loss: 0.0002
Buy-In: 0.00048739
Disclaimer: This is not financial advice, just personal speculation on the possible trend.
Trade active
Our target has been reached.
Disclaimer: I accidentally deleted my chart layouts. Not exactly the same chart.
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.
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.