Grin_Jin

Potential SALT-BTC

Long
Grin_Jin Updated   
BITTREX:SALTBTC   None
Taking a look at SALT-BTC.
SALT had an impulse leg which had a nice run-up. Consolidation followed, with another minor run-up.
We can expect to see further consolidation before another potential bull run.

RSI: Taking a look at the RSI, we can see the run-up lead to SALT being overbought.
Running around the middle for more downward movement to being oversold.

MacD: The MacD is well below the signal line. Resuming a bearish run with a bearish market.

Volume: Volume is gradually going down, as not unusual with the state of the current market trend.

Trading Positions:
Stop Loss: 0.0002
Buy-In: 0.00048739

Disclaimer: This is not financial advice, just personal speculation on the possible trend.
Trade active:
Our target has been reached.

Disclaimer: I accidentally deleted my chart layouts. Not exactly the same chart.

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