Long
SALTBTC Falling wedge broken!
As we can see, salt clearly broke the resistance of falling wedge. Support at 31k sat held nicely. I don't think we are going to break that support, so we are never going inside the wedge.
I think we will move sideways for a while just like bitcoin. Then, when the some volume is going to kick in, we are going to see a breakout.
My targets are fibonacci retracement levels:
1) 78.60%
2) 61.80%
I think we will move sideways for a while just like bitcoin. Then, when the some volume is going to kick in, we are going to see a breakout.
My targets are fibonacci retracement levels:
1) 78.60%
2) 61.80%
Trade active
Salt looking good in spite of bitcoin fluctuations.
Related publications
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.
Related publications
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.