[SALT/BTC] SALT COULD BE BOTTOMING [ 75-300% POT PROFIT ]
#SALT / BTC ( Bittrex, Binance )
Buy Range : 0.000083-86
Stop Loss : Not recommended
Target 1 : 0.000146 - Short/mid term Target
Target 2 : 0.000264 - Long term Target
Target 3 : 0.000468 - Long/bull cycle Target
DAILY CHART :
Daily charts sharing good positive action on the last days. It seems like there are enough steam to make another leg up
before any possible correction.
Stoch looks reseted and on a good position to go up. Other main indicators looks like want to extend the bullish mommentum.
Very Nice volume spotted some days ago, a good indicator to confirm reversal.
Candlestick pattern looks good after correction, it being supported by moving averages for now.
If you want to trade daily, you can sell this coin if support got broken, then buyback when it get supported again.
WEEKLY CHART :
- Big Volume spotted
- Positive signs on MACD which reversed to positive and moving up
- STOCH RSI supported last weeks movements
- CCI near to turn into green.
After many weeks bleeding, seems like seller pressure is dissapearing and SALT its trying to build a base.
However, bull market havent arrived yet and it could need some time to explode and reach higher targets.
Anyway, buy around these levels should be a very good invest for long-term and im not recommending any SL even if it do any correction. I would only sell if got delisted in any important exchange
Good luck !!
Buy Range : 0.000083-86
Stop Loss : Not recommended
Target 1 : 0.000146 - Short/mid term Target
Target 2 : 0.000264 - Long term Target
Target 3 : 0.000468 - Long/bull cycle Target
DAILY CHART :
Daily charts sharing good positive action on the last days. It seems like there are enough steam to make another leg up
before any possible correction.
Stoch looks reseted and on a good position to go up. Other main indicators looks like want to extend the bullish mommentum.
Very Nice volume spotted some days ago, a good indicator to confirm reversal.
Candlestick pattern looks good after correction, it being supported by moving averages for now.
If you want to trade daily, you can sell this coin if support got broken, then buyback when it get supported again.
WEEKLY CHART :
- Big Volume spotted
- Positive signs on MACD which reversed to positive and moving up
- STOCH RSI supported last weeks movements
- CCI near to turn into green.
After many weeks bleeding, seems like seller pressure is dissapearing and SALT its trying to build a base.
However, bull market havent arrived yet and it could need some time to explode and reach higher targets.
Anyway, buy around these levels should be a very good invest for long-term and im not recommending any SL even if it do any correction. I would only sell if got delisted in any important exchange
Good luck !!
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