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SALT

Salt about to rise till Double-Top?Hey cryptomaniacs, what I see is a good opportunity if this scenario continues the way I expect it if this is going to be traded as the "schoolbook" of Chartpatterns explains. We had a strong momentum and were about to build a double-top in the daily-chart and hit that ATH soon. That didn`t work out but still shows the market is ready to climb due the declining volumen since we`ve decided to consolidate and create this beautiful Wedge-Pattern. Support and resistance of this pattern got confirmed by "Fakeouts" and Buy&Sell-orders. The declining volume shows that the market "takes the chips off the table" to wait for a breakout and retracement to find a nice buy-opportunity. Important: The DAILY-CHART shows an UP-Trend including 5 Waves and headed to the consolidation Wave-Pattern A/B/C. After that we`ve decided to continue the trend and just builded the second wave (correction) which has stopped at a very important support zone (50% retracement). I don`t know how to add a second picture with the daily-chart. It shows that this breakout could create a longterm LONG-Move and this UP-Trend to break ATH if we don`t build that double-TOP. The journey could end at the top of the last momentum if that third wave (Breakout) end at the same level of wave 1. Let`s see what happens.. :-) Peace and nice trades everyone
SLong
by Trading2ez
3
Target SALT at $27.5Target SALT at $27.5 Is this a realistic goal? Yes, I think so and here's why: It is easy to open a SALT loan. We tried it and got our loan in under an hour. This was so easy we expect a great push in the next month to $75 - 100 MILLION in loans. TA reveals the Elliott Wave pattern that started a very strong upward leg yesterday, appears to be failing due to the overall crypto market slump. Most probable lower previous price structure support begins at: 0.00085 The most obvious structure & previous buyer demand begins at: 0.00083 with Buy Orders at: 0.000825 and below. I feel that SALT in a long-term project coin. In the last month our SALT tip - despite every price correction - has made a minimum of 30% profit. I hodl SALT. t.me www.saltlending.com NOTE: I am not financial advisor, and any information contained in TV is my own opinion and is not to be taken as financial advice. Please do your own due diligence before making any investment, and never invest more than you are willing to lose.
S
by UnknownUnicorn1244289
1
SALT/BTC 500%+ profit potentialSalt is a strong buy, solid fundamentals and plenty of profit potential ahead. We're at the beginning of wave 3, which is my favorite place to enter. At the time of this post we are entering wave (2) of 3, meaning that there will be a slight correction. You should be able to buy at under 90k sats. Entry: 80,000 - 100,000 Target 1: 164,099 Target 2: 239,450 Target 3: 313,770 Target 4: 389,122 Target 5: 538,793 This is a LONG term hold. You can enter and take profits at any time or you can hold until your targets are reached. This is just a trading idea, with low risk in my opinion. I'm no financial advisor, enter this trade and any trade at your own risk.
SLong
by davec83
1
Salt Long TermI have posted 2 investment option in Salt , as a long term and a short term. For a short term you have 2 profitable target on Fibonacci Extensions : 1.272 and 1.618 but Salt seems to be a project for a long term investment because on 27 December last year they posted on Twitter Loans are live for Bitcoin , on 2 January Ethereum was accepted as Collateral , this means a big achievement for the crypto world and the next step to the moon . In this case the Fibonacci 2.618 seems to be a reality, not a fiction .
SLong
by StoeanStefanCosmin
11
*LONG* SALT : Descending Triangle: Breakout Imminent!Salt has been correcting over the past week+ as the profit takers do their thing and the market consolidates. But the breakout is coming. Very, very soon. We have a fair sized descending triangle. A break now would take us to the indicated TP. However, if the price breaks lower, the next level of interest support is indicated at 692. I believe we will have a break between now and then. RSI is ripe for possible short and long term reversal and MACD is making a beautiful swooping motion on the 4hr. I will post a larger picture in the comments below, but if this goes according to plan...we are going to have a massive cup formation in the making which will provide for epic profit potential.
SLong
by ninjacookies
6
Salt: Pending Bullish Bat PatternPrice in salt is dropping, developing a correction after a big move to the upside. Till now we may see that it has completed the XABC waves of a pending bullish bat pattern and all we need to do i wait to see if we see price at 0.0045 where we 'll get the completion of the pattern. In such case going long is our option, buying a coin with great potential both short-term and long term Sl and tp as shown in the chart. In case price reaches the first tp we better move sl at breakeven at second position. All the best, John
SLong
by Fxprotrader
1