Salt Update

Updated

Salt smashed through the conservative idea, so here's a new projection using the wedge its been in since early March.

The "Pro" title in my name means nothing. DYOR.

Note

Bitcoin could take a turn for the worst today or tomorrow and completely make this invalid. Trade with caution.

Note

Salt is currently following its trend, but it could easily break the trend and fall back down to around the 3400-3500 area. Currently waiting before putting a confident trade in.

Trade active

Entering sub 3700 if it jumps back down.

stop-loss: 3310. Roughly 11%.

Good luck!

Note

I never got my entrance at sub 37, but SALT is still following the trend.

Note

Hitting the top of the channel. It may either shoot off or fall briefly back to 39000 if it continues to follow the trend.

Trade closed: target reached

This was a beautiful trade. Collect some profits and shoot for the winner.

BikBookly

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