SALT buy opp approaching
Updated
SALT has had a great run that seems to be in part due to an arbitrage opportunity they are offering. If the scenario plays out like SALT is expecting, their tokens will retail for 27.50, almost a 100% premium from its current price.
On the 4h, the MACD looks very heavy and I am going to hold off buying for now, but I will be looking for volume buys on the dips and hope to get in quick. A moderate pullback to the 50 period would be awesome, where hopefully our MACD will have bottomed and reversed, should lead us to new high barring any volatility in the general crypto market. The high volume are of the purple channel, which coincides with our 50 MA, will be a good place to snag some deals.
On the 4h, the MACD looks very heavy and I am going to hold off buying for now, but I will be looking for volume buys on the dips and hope to get in quick. A moderate pullback to the 50 period would be awesome, where hopefully our MACD will have bottomed and reversed, should lead us to new high barring any volatility in the general crypto market. The high volume are of the purple channel, which coincides with our 50 MA, will be a good place to snag some deals.
Trade active
I put a limit at 94 this morning and got it filled about 15 minutes ago, small bet. Will double up at or around the 50MA if given the opportunity.
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