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SALT - Is Salt Ready to Bounce from its All-Time Low?I was reviewing some old charts and SALT/BTC caught my eye. SALT's price action recently did a 3x move after hitting an all-time low and broke through a major resistance trend that it had kept it down since May 2019. The price just bounced off the .781 Fib retracement level and is finding support on the MA200. There is hidden bullish divergence on the daily MACD and well as price support. This may be an indictation that we hit bottom and are finally ready to reverse course. This may be a great short-term scalp or a long entry for all hodlers. Salt is 241x off its all-time high. Suffice to say that SALT has incurred its fair share of bad news regarding the SEC investigation into its ICO and its delisting from major exchanges like Binance and Bittrex. These factors have been truly devestating to its price and volume. Is this a dying crypto or the result of a very harsh crypto-winter in addition to negative press? Only time will tell. But the idea behind the project is solid and I am a fan of the founder, Erik Voorhees. He is one of the OGs of crypto and the founder of the very successful Shapeshift. If the US government were to shift its position on crypto and crypto-backed loans, SALT could be in line for a serious pump.
SLong
by jpbrown1023
2
SALT - Great Long Entry PointThe unexpected Binance delisting was crippling to SALT's price, but the only reasoning was regarding the $50mil they raised for their ICO. However, I believe they will be relisted on Binance again especially before the next bull run because when that happens people will be fleeing the taxman to cash in all their crypto gains. And if any of you are as optimistic about the future of cryptocurrency as I am, I believe SALT could skyrocket come the next run. This seems like a great entry point for a long-term trade. It's 34x off its all-time high. The price currently in a falling wedge. The daily MACD had a bullish crossover the indicator and bullish divergence can be seen as it moves closer to the zero line. I believe once we hit that zero line, the price could take off. The daily RSI is 26 and the weekly is 30, both indicating oversold. I think we could get a bounce out of this falling wedge to start the next run.
S
by jpbrown1023
Weekly Chart on SALT/BTC - SALT LendingThe Weekly Chart on $SALTBTC looks coiled and ready to rip! Accumulating cheap price under 0.0000700! Back on 12/28/17 SALT/BTC hit a high of $17 USD now it sits around .23 cents! Buying long and holding for the coming months as this could really gain momentum again back near the $1-$10 range. Still it could go even higher but time will tell! Looking forward to 2020 as we are starting altseason backup again! saltlending.com "The Original Blockchain-Backed Loan™ Collateralizing your blockchain assets keeps you invested in the market while providing you with the cash you want today." coinmarketcap.com SALT/BTC Prices as of 1/19/19 $0.238154 USD (9.75%) 0.00006375 BTC (7.33%) 0.00190774 ETH (6.40%) Market Cap $19,149,445 USD 5,126 BTC 153,398 ETH Volume (24h) $1,178,537 USD 315.48 BTC 9,441 ETH Circulating Supply 80,407,909 SALT Total Supply 120,000,000 SALT
SLong
by AaronX
SALT Trading AdviceBuy Price: Yellow Line TP: Green Lines Moon: White Line Support: Blue Line SL: Red Line Invest Suggestion: 5-10 Percent Profit Expectations: 5, 10 or >20 Percent Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. Moon can take >15 days. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck! Looks Good? Leave a like, share and tell me in comments if my trading advices are working for you. Show your love. Please ask me for any coin address to make a donation. Thanks for visiting.
SLong
by firdosi
[SALT/BTC] SALT COULD BE BOTTOMING [ 75-300% POT PROFIT ]#SALT / BTC ( Bittrex, Binance ) Buy Range : 0.000083-86 Stop Loss : Not recommended Target 1 : 0.000146 - Short/mid term Target Target 2 : 0.000264 - Long term Target Target 3 : 0.000468 - Long/bull cycle Target DAILY CHART : Daily charts sharing good positive action on the last days. It seems like there are enough steam to make another leg up before any possible correction. Stoch looks reseted and on a good position to go up. Other main indicators looks like want to extend the bullish mommentum. Very Nice volume spotted some days ago, a good indicator to confirm reversal. Candlestick pattern looks good after correction, it being supported by moving averages for now. If you want to trade daily, you can sell this coin if support got broken, then buyback when it get supported again. WEEKLY CHART : - Big Volume spotted - Positive signs on MACD which reversed to positive and moving up - STOCH RSI supported last weeks movements - CCI near to turn into green. After many weeks bleeding, seems like seller pressure is dissapearing and SALT its trying to build a base. However, bull market havent arrived yet and it could need some time to explode and reach higher targets. Anyway, buy around these levels should be a very good invest for long-term and im not recommending any SL even if it do any correction. I would only sell if got delisted in any important exchange Good luck !!
SLong
by MikeCryptoSignals
1
SALTBTC: POSSIBLE GOOD CHANCEHello guys, I think SALTBTC could be in a good technical environment to try a further run. In fact, if it is able to break 0.000225 BTC (R1) it can go to 0.000248 BTC(R2), where there is a first resistance level, and then to 0.00028 BTC area (R3). Volume are good enough to support this vision and indicators are set to substain another possible rise. In case set up is triggered, stop loss must be set under 0.00021 BTC. To sum up: if price breaks R1 0.000225----> R2 0.000248 ----> R3 0.00028 Stop loss under 0.00021 ***This analysis is not a buy or sell advise, it's drawn up for educational purpose only***
SLong
by BlackSwan_DAR
SALT / Possible Moon-ZoneSALTBTC : FA: Top-100 coin on the coinmarketcap.com Not all serious but 5 events in total till the end of March (coinmarketcal.com) Being traded on more than 10 exchanges with $BTC, $ETH and $USDT. ($ETH chart looks similar, $USDT chart looks like the correction is going to finish) Only made x2 in last two months when the others had visited the moon TA: Last steps of current Falling wedge. Correction touched the general support trendline. That means accumulating has started and $SALT is in the buy-zone which is around 45k satoshis. MACD and RSI looks like they gonna reload. Has a regular trend on both rising and falling. Now it's time to going up again. Stoploss is up to you; might be %10-%20 below 45k satoshis. You see the moon-zone on the chart which is around 150k - 200k satoshis. Or we can say x4-x5. Risk and expectation is not high, we can say normal. Good luck and do your own research too. Make comment if I have any mistakes. Thanks so much.
SLong
by aozan88
SALT - Strong Breakout (Over 179% Earnings Potential)I've been looking at SALT for the past few days, and soon you can see why. But before we get started, let me remind you that this will be a short term trade. We are going to get in and out, in a matter of days, with the purpose of securing some profits right away. Lets start by taking a quick look at the daily chart (you can see it above): - On this chart above, I marked some dates for you. The first thing that you can notice, if you follow my lead, are the red squares and the vertical lines. These squares represent a "bottom", which is a low price that SALT reached at a certain time. The "bottom" we saw just 3 days ago hasn't been touched since late November 2017. Back then, after this bottom was reached SALT had a nice run. Now, after several strong breakouts, which is a very strong signal for upward action, SALT is breaking out again on the daily chart. Today breakout is really STRONG. - We are going to use these signals, together with some others, to pull out some targets and profit from this trade. - On the daily chart, the MACD is crossing over just now, still just getting starting, but already pointing upwards and with plenty of room for growth (we are near the bottom). The RSI is just bouncing from the oversold line (You can get a better view of the breakout and other indicators on the 4 hours chart). - The STOCH, DMI and OBV are all trending bullish. - The TD Sequential indicator is also on our side and the weekly chart is forming to close on a positive candle. This candle is closing tomorrow, but it is looking like it will be a good close for a positive week, next week. Now, let's buy-in by following the trade details. TRADE INSTRUCTIONS Buy-in: 0.000438 - 0.000545 SALT Targets (short term): (1) 0.000573 (2) 0.000656 (3) 0.000715 (4) 0.000790 (5) 0.001000 You can aim to sell between the first and third target, depending on your buy in and patience. I will be aiming for the second and third targets. The rest is for reference and just in case SALT growths becomes really good. Stop loss: 0.000399 The cryptocurrency market is bearish right now, which includes the Altcoins market, so the price can go up or down. If the price goes down, the number above, the "stop loss", is where you stop your loss. This is where you give up the trade. The stop loss is not your goal, but a fail safe mechanism. If things go bad, you cut your losses and move on. Your aim should be to sell on target, this is only useful if the price of this coin starts to go down. MESSAGE: TODAY CAN ALSO BE GREAT Everyday is great. For me and for you. Everyday can be awesome, regardless of what you do. How can everyday be a special day? How can you have everything always, even if you are missing some things? Today can also be great. For me and for you. But how can you make today and everyday a great day? It is easier than you can imagine, here is the phrase that you have to say: "Today is going to be really beautiful. Today is a great day". Repeat this every single morning, just as you wake up, and you will see how things change. Namaste.
SShort
by AlanSantana
134