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SALTBTC

SALT: CONTINUING BULL RUN = 20.37% PROFIT!!!Our "Crypto Scalper" Trade Signal has correctly identified a buy in point on the 17th of April 2018. Using this buy in point and selling at today's price, you would have expected to net 20.37% PROFIT!!! The increase in price may also be explained by positive developments including: 1. Feb 23: SALT has backlog of $1.3b in loan requests that ware being reviewed. 2. March 3: SALT Lending is very proud to announce that since our launch nine weeks ago, we have funded over $30,000,000 in loans The increase in price of SALT seems to be correlated with the movement of funds from Bitcoin to altcoins and a potential increase in interest in crypto from the general public.
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by CryptoTradeSignals
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SALT - A Touch of SeasoningWelcome to the first of many Alt analysis from your pal Mineral Mike, SALT is a token that's peaked my interest from it's launch and is still the new kid on the block in many respects, but in my view it's one to watch for both the medium and long term, so first lets look at some fundamentals; SALT is a lending platform allowing you to currently place your Bitcoin & Ethereum as collateral against a Fiat loan, the platform is in it's very early days and as such the back log is huge and new loans and accounts are currently frozen. On the surface this might sound worrying but they have been hiring some well established names and look set to be huge players in what is an incredibly promising area. The token itself can be used to pay both interest and the principal at the fixed retail value of $27.50, an interesting use for a token currently valued below $3 but not as crazy as it might sound when we look to the long term plans of SALT. Finally there are some big milestones ahead of us including the launch of Loan fund & API tools for this quarter as well as plans for a credit card later in the year. Importantly this is a young token that has been trying to find it's floor, we have touched on an all time low and this has held up very well. This is not a XVG situation where you have a multitude that bought in at a 10th of a penny and the bottom is an uncertain value. Unless you were in the SALT "Membership Sale, totally not an ICO, I don't know what you're talking about can we change the subject" then you are likely now in loss country. So on to a light technical view of things - Daily - The daily chart is looking neutral to positive, we have a lovely MACD crossover peeking it's head up, the RSI is lacking momentum at this time but we're in overall neutral land, also good to notice the recent break upwards seen clearly from being oversold on the SMI, a pattern reflected in many alts at the moment. 3 Day I am a fan of the 3 day view, especially for a coin like this where we lack the data needed for longer trend views, in fast moving markets the weekly will often reflect what has happened after the fact. So on the 3 day view we can see that we have been looking oversold since the end of January and we are seeing a nice convergence of the MACD on the horizon. You can see above not the most conventional trend lines, but stay with me. I am trying to illustrate that we have broken out of the down-trend channel and are now in the accumulation phase, we also have the benefit of an upcoming Bitcoin dip which we can use to our advantage for an optimal entry. This coin has shown low volatility in a clear strong downwards trend, very little overhead resistance now remains meaning we could be looking at one of the first dogs out of the gate once Bitcoin enters it's April consolidation phase. Recommended trade entry - 0.00027 - 0.00034 - I would advise patience, lets see where the next Bitcoin dip takes us Targets will be updated as things develop - for the first wave up my eyes are on the 0.00050 so consider a sell order shy of here to catch the next dip and re-assess, however we will cover this as the trade develops. Thanks for reading and hope this was helpful Not financial advice, supplement anything with your own research and never eat the wax around a Baybel. MLC
SLong
by MikeLeChat
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