Long
SALT Possible 2x Soon(TM)
Updated
It's been a long time since the infamous Palm Beach lines "Stop Loss: None" doomed many people into bag holding SALT. But finally at long last maybe it's SALT's turn for redemption!
SALT is nearing the end of a Descending Triangle Pattern. Normally this is a bearish pattern but because of SALT's massive increase in volume the pattern is bullish. Expecting a 64% breakout.
The On Balance Volume indicator is distorted in an interesting way that throws off confirmation of the Descending Triangle pattern.
SALT is nearing the end of a Descending Triangle Pattern. Normally this is a bearish pattern but because of SALT's massive increase in volume the pattern is bullish. Expecting a 64% breakout.
The On Balance Volume indicator is distorted in an interesting way that throws off confirmation of the Descending Triangle pattern.
Note
This idea isn't doing too well. The price has fallen below the lowest projected fibb line @ 2900 sats.
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