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SALT/BTC - Bottom is in? Daily RSI bullish divergenceDear all, Here is a trade setup I'm taking on SALT. The coin had a extensive retracement, now price has printed a double bottom and daily RSI is showing a bullish divergence. Several resistances in front: - the previous support of falling wedge turned resistance - Falling wedge resistance This is a long term trade and I highlighted in green my TPs zones. All the Best from the Crypto Space Alteroc Not a Financial advise, be a better trader tomorrow than you are today by DYOR.
SLong
by Alteroc
SALT - A sign of things to come?If you have been following my TA, you know I have a stronger bearish Bias on BTC (and through extension all the alts) until we have hit a bottom with capitulation. And while it is possible we have hit that bottom (not likely IMO), checking out coins like SALT really makes me want to start seriously stacking up on alt bags again. The whole chart looks like a massive falling wedge, with it's bottom being hit 3-4 days ago. The same pattern appears in other coins, like BTG. Personally, I like the odds of at least a decent bounce up on both of these. Very easy trade IMO, easy SL and targets. Will update as it progresses.
SLong
by CryptoPixel
2
SALT Possible 2x Soon(TM)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.
SLong
by tradepack
#Salt I add salt to my portfolio right now! Long term investmentThe charts tell all, everything looking good for a long term investment here now! I add salt to my portfolio now i havent been in salt before but i realy think this is a good entry point for salt long term! I looking at this as a very unique entry. I think i will regret later if I did not take a small position in salt now. spread your entry out around 2750 - 2450 if you can. But again I'm not a financial adviser, do your own research before investing. -My mission is to help as many as possible to take better choises with their money and trades. Gladly join the (new) Discord Community CryptoNo Vikings \ news, charts and basic TA ( More to come ) for those who wish to learn that, you are welcome. :) discord.gg
SLong
by Porshy
SALT potential 100% profits 2-3 monthsHi guys, heres an idea that i feel great about on SALT Salt is a lending platform that are you to take out cryptocurrency loans with fiat currencies. A first of its kind to have a working product. Buy: 66642 - 74000 Sell: 136000 - 152000 Fundamentals: Salt plans to release their credit cards which are scheduled for release in Q1-Q2 They are adding ethereun based loans by end of 31st of march Adding development tools and API They are holding a conference on 10th of march, which would bring a lot of exposure to this coin. Technicals: SALT looks like to have completed its 1st 5 impulse waves. The corrective wave had retraced very nicely to just around the 0.618 region - very healthy! It has formed a triangle in which the bulls and the bears are fighting it out. Taking fib retracements from the 1st impulse wave, the 3rd impulse wave had reached a target of well more than the 1.618 range. It would be likely to assume that the coin may target the 2.618 range or even higher - where i've targeted it. some people may say that the 2nd corrective wave invalidates the elliot waves and thus makes this a failed breakout. i disagree, because it does not retrace into the start of wave 1, this is a elliot wave pattern. Im still new to this TA stuff, trying to learn Elliot waves and fib retracements, im welcome to critiques. Grill me :)
SLong
by EnZo