Long
$SALT to the top of the cloud
One I've been following this trade for sometime. Expecting some big movements from salt in the near future. We have already made a nice push through the intraday swing high. Entering this liquidity pool sent price running to retest the daily S/R level. Most resistance levels have been cleared nicely. Shorter time frame charts are looking ready for more movement soon, there is a small ascending triangle forming, indicating increasing bullish pressure. ADX trending very well, not expecting this to lose steam anytime soon.
Note
Hourly Double bottom, some bullish divergences. Feeling confident on a recover. Short time frames on ETH look like they want to give another push
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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.