$SALTBTC long idea #cryptocurrency$SALTBTC long idea. Buy under 0.0005. Descending wedge. Breakout expected.
SALTBTC
Salt buy signalThis is a trade I thought about off at work that really makes sense to me.
I guessed Ripple and Bitcoin Cash correctly and signaled them on my twitter ( same name as here ), as their volume was high and never recovered like other alts, so it was bound to happen. There was nothing magical about it, just common sense and how the market works.
I love markets like this, because it's very easy to profit off of them. You pick a solid coin that hasn't recovered, you analyse the chart, and you buy as low as you can and wait for profit.
This doesn't apply to Salt, as the volume is very low. However, as a fundamental analyst, I know Mike Novogratz is heavily invested in this, and since he is a great trader, I am pretty sure he sold his position near the top and waiting for a good entry point.
Today, Bitcoin proved to very resilient and broke the 8400 barrier everyone talked about. I believe Salt will pump.
We can easily break 2-3 fib levels.
Good luck
SALT Long-term Prediction and Potential Profit TargetsYou can see SALT starting to breakout its downtrend falling wedge with good volume.
Labeled are some tiered entry and exit points using Fib retracement/extensions.
SALT is a real project with a solid team and an A+ track record. Huge plans this coming month and Q2. The future is looking bright for SALT. This news could skyrocket SALT which appears poised for a big swing up.
This is for educational purposes only and is in no way investment advice of any kind.
SALT Projection and Long Term TargetsYou can see SALT starting to breakout its downtrend falling wedge with good volume.
Labeled are some tiered entry and exit points using Fib retracement/extensions.
SALT is a real project with a solid team and an A+ track record. Huge plans this coming month and Q2. The future is looking bright for SALT. This news could skyrocket SALT which appears poised for a big swing up.
This is for educational purposes only and is in no way investment advice of any kind.
SALT - Potential Bottom Money flow is just turning positive on the daily and that has always preceded a larger move. I have a bag from a little higher than this that I am currently holding, so I jumped the gun on this one a bit, but this level looks better as a possible bottom on its BTC pair for now. I am not saying there will not be a better entry than now, in truth the 4hr chart looks like it will come down again, or at least consolidate before any big moves. Make sure you use a healthy stop loss on this one if you choose to enter. If price breaks 0.00043 I would exit and reevaluate.
All posts are my ideas and actions. Do not take anything you read as financial advice.
SALT possible 50% profit in 12daysLooks like a good entry for SALT
SALT can in upcoming weeks reach 120K sat+ if you´re investor
** Not a financial advice, trade on your own risk **
$SALT has an hammer and is at resistance$SALT has an hammer and is at resistance, i'm buying some bags
SALTBTCReasons to buy:
1. Salt is trading at 78,6 fib retracement, with looks like good support.
2. MACD and RSI hints bulish divergence.
3. RSI was overbought recent low.
SALT/BTC 130% MOON RETRACEMENTSalt Gave us a clear 5wave, Back to the bottom. It should retrace to the 0.618 FIB. When it break the trendline we should see a fast move up. Also it doesn't have anything lower to deal with making it an even safer trade.
Entry: when it break the trend line
Target: 90 area
Be aware of the level at around 70 It will have a hard time breaking past it (good level for readding even more on a dip)
Follow me on telegram if you want to be updated on this trade.
Let me know what you guys think in the comment!
SALT of The Earth SALT is a project I have been excited to cover. Although I won't dip into much more than the technical aspect, SALT certainly has an interesting group behind it coupled with huge potential for growth if traditional markets begin to shift toward using blockchain technology, alongside the expansion of the crypto market as a whole. If you want to find out more about the project itself, I suggest reading their whitepaper which can be found here: here .
Moving on to the technical aspect:
As far as wave count, it seems quite straight-forward. The price action appears to be following a key Elliott Wave tenet: the 4th waves are not dipping past the top of the 1 waves and in fact seem to be finding strong support, enforcing the notion that it is exhibiting EW behaviour.
One aspect that I'd like to point out is what appears to be a nice repeat fractal of the downtrending ABC wave. Denoted by the areas contained within the vertical dotted lines, we can see nearly identical moves. The first fractal is several orders of magnitude smaller than the second because it is in a lower cycle, contained within the larger 1-2-3-4-5. I have also pointed out what appears to be an expanding flat correction. These can be tricky to play due to the higher high made, and can fool some traders. For a clearer visual on what the 'textbook expanding flat' looks like, go here: ewmizone-kivv0apgntrwrwvhv.netdna-ssl.com
The RSI also gives us some nice confirmation:
The peak RSI generally occurs during the 3rd wave on larger timeframes. On lower time frames, the RSI throughout the 5th wave makes a new high confirming the idea that the move is the 5th wave, and on the higher timeframes it confirms truncation.
The RSI experienced a hard bounce, creating a nice double bottom at all time low.
The present RSI movement, highlighted in pink, indicates bullish hidden divergence.
Overall, I believe SALT will be a good altcoin to watch over the next few weeks/months. Remember to DYOR, and good luck trading!
SALTBTC Trading IdeaPrice currently sitting at support and forming an inverse H&S pattern which
would coincide with a higher high. This could trigger a rally easily under current BTCUSD conditions of steady recovery.
SALT BREAKOUT OF TRIANGLESuffering from low volume at the moment, but we have good target if that is dealt with.
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/BTC - my easy analyse I very like SALT loan technology. It is very good longterm for nice order price already.
Predictions SALT price by end of 2018 saying 50$ .
Is it still in good value & good choice for long-term holder.
Total supply is relatively low ( 120 000 000 ). I always watching this indication. Less is better : )
Many cryptos has billions supply. That majorly means, value of coin will be low.
SALT can reach 150-200$ in 3-5 years. So I personally like to buy this coin.
Any suggestions ? :)
* This is not financial advice. Im not PROfessional.
SALTBTCSALT BTC showing a good probability of a 3rd bounce off resistance. Trade volumes are quite low meaning that price movement will be little and has the possibility of breaking out once volume is regained.
Personally I see price drop between 0.00062480 BTC and 0.00051447 BTC as marked by the Accumulation zone on the chart.
Let me know what you think!
SALT: about to breakout, or Na?SALT looks primed to breakout of a textbook 1 month right angle consolidation triangle, with large upside potential. RSI divergence evident over previous week, with cup and handle pattern evident over 4 month time frame.
During its consolidation, the price has been ranging between FIB levels (61.6%, 50.0%, 38.2%, 28.3%) which coincide with key support/resistance levels observed looking back. Expecting the uptrend to be tested at these points, particularly the 50% FIB (0.000922 BTC), the 61.8% FIB (0.001001 BTC) and the 100% FIB (0.001238 BTC).
Aiming to wait for confirmation of breakout before taking a long position at c. 0.0007 BTC, with potential 40%-70% gains over a short to medium term time frame. If the 100% FIB / resistance line is broken, the upside could be much higher.
You shouldn't take this analysis as investment advice; it would be good to hear your thoughts!
SALT (SALT perspective project, loans secured by crypto currency. Now Moving in triangle near support line. Stoch RSI -oversold. Looking for magic 161.8% level fibonacci. 1 feb will add to UPcoin exchange
SALT/BTC is about to go big if I'm right! (WAVECOUNT)Here's my wavecount analysis on SALT, the whole project is amazing, solid team, solid goal. And from the looks of it there seems to be solid gains to be made. This time I've actually tried to predict the timing of the waves, since my last few ideas had complaints on that note. However I'm hoping to see a breakout around the 28th or 29th of January.
Let me know if there's something wrong with my prediction since I'm new and still learning.
SALT/BTC Descending Triangle PatternIndicators are ok! Strong support at fibonacci level, i expect the rise will begin soon. Patience is the key. Keep in mind that i am beginner at TA ;)
