SALT - Is Salt Ready to Bounce from its All-Time Low?I was reviewing some old charts and SALT/BTC caught my eye. SALT's price action recently did a 3x move after hitting an all-time low and broke through a major resistance trend that it had kept it down since May 2019. The price just bounced off the .781 Fib retracement level and is finding support on the MA200. There is hidden bullish divergence on the daily MACD and well as price support. This may be an indictation that we hit bottom and are finally ready to reverse course. This may be a great short-term scalp or a long entry for all hodlers.
Salt is 241x off its all-time high. Suffice to say that SALT has incurred its fair share of bad news regarding the SEC investigation into its ICO and its delisting from major exchanges like Binance and Bittrex. These factors have been truly devestating to its price and volume. Is this a dying crypto or the result of a very harsh crypto-winter in addition to negative press? Only time will tell. But the idea behind the project is solid and I am a fan of the founder, Erik Voorhees. He is one of the OGs of crypto and the founder of the very successful Shapeshift. If the US government were to shift its position on crypto and crypto-backed loans, SALT could be in line for a serious pump.
SALTETH
Weekly Chart on SALT/BTC - SALT LendingThe Weekly Chart on $SALTBTC looks coiled and ready to rip! Accumulating cheap price under 0.0000700! Back on 12/28/17 SALT/BTC hit a high of $17 USD now it sits around .23 cents! Buying long and holding for the coming months as this could really gain momentum again back near the $1-$10 range. Still it could go even higher but time will tell! Looking forward to 2020 as we are starting altseason backup again!
saltlending.com
"The Original Blockchain-Backed Loan™
Collateralizing your blockchain assets keeps you invested in the market while providing you with the cash you want today."
coinmarketcap.com
SALT/BTC Prices as of 1/19/19
$0.238154 USD (9.75%)
0.00006375 BTC (7.33%)
0.00190774 ETH (6.40%)
Market Cap
$19,149,445 USD
5,126 BTC
153,398 ETH
Volume (24h)
$1,178,537 USD
315.48 BTC
9,441 ETH
Circulating Supply
80,407,909 SALT
Total Supply
120,000,000 SALT
SALT Coin 50% Short Term Opportunity !!SALT/BTC Buying Zone 1000-1030 And Selling Target 1350 , 1500 May be Price Spike More 50%.
Share Your opinion About This SALT .
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Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
SALT Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. Moon can take >15 days. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
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SALTBTC - BUYSALTBTC - Trading over the rising channel support, headed towards 1380/1480
BUY SALTBTC 1119
STOP 1000
TARGET 1380/1480
SALTETH Look like a decent up move i a few daysDecent chance for close to 10% gain based on indicator and trend consolidation. Just thought ! No advice.
SALT/ETH forecastThis is a simple trading analysis of the SALT/ETH altcoin trade.
Chances to reach the maximum are high.
I can't put any delays though.
$SALT Salt Lending; Countdown to LaunchOnce this gets going I'm expecting a meteoric rise. Low supply-coin with good fundamentals and a solid chart, this pick could yield up to 400% gains within 2-3 months. Grab a bag before it starts making its way towards 50k sats.
SALTETH Future Price on the 'Table'Hi fellow traders, as we look at SALT we can see the clear path of the price.
Is not my technical skills or my 'crystal globe', is the past that defines the future.
Please have a look and post some arguments.
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.
SALT Cup and Handle All,
Same situation SALT could form a cup and handle wait for safe consolidations and retraces and candle breaks with retests after.
SALT/ETH in a channel - 15% tradesSalt is currently in a channel and is giving multiple opportunities for 15% trades each way!
Set stop loss just below the bottom of the channel box for Buy orders and just above the top of the box for Sell orders.
Moar Divergence Please!So the dream scenario for salt did not occur, however there are still some very positive signs. $SALT/BTC has entered my accumulation zone while managing to rack up alot of bullish divergence ... and I mean A LOT. Some people are not so fond of divergences since they can be misleading and often trigger late or far too early. In this case however, the divergence stands out quite drastically and so im inclined to believe there may be other factors at play, for instance having the price kept low to allow for extensive accumulation throughout the period of the next few weeks/months. I would not be looking to margin trade SALT (if thats even possible) on a 15 minute timeframe but instead to make a longer term investment. At this point it is beginning to become extremely undervalued, and can provide substantial upside given a longer term hold.
SALT - Range Trading or Take Off?All,
Salt looks good right now whether it be the sideways trading or a big take off. Looks to be promising just make sure it creates a bottom and reverses!
SALT Update - Will it go?Forgive me. I'm new to all this, but it seems like we're consolidating in this zone.
Salt to 25$++YOU CAN USE THE SALT TO PAY OFF YOUR LOANS!.... AT THE RETAIL PRICE which is 27.50, and they are selling those tiers at $2.50 intervals so after 25k is sold at $27.50, it goes to $30 per Salt, TO THE MOON SALT
SALT New Platform Between Now And December 31 Some people on Reddit/CryptoMarket seem to think that SALT could gain twice it's value between now and december 31 due to the launch of its new platform! It says on their website that their step for 2017 is to launch this platform, before launching another one (with developpement platform, API).
SALTBTC Possible Trend ReversalCheck details on chart.
Last candle was a piercing line.
Piercing Patten Candlestick charting formation, similar to Bullish Engulfing Pattern is a bullish reversal candlestick pair occuring at the bottom of downtrends .
