Depending on your risk appetite you can look to see how Salt plays out of the next 12 hours and watch which box it falls to. It is currently sitting on very heavy historical support and recent support as well as the 50% fib. If BTC drops then could be looking at a 100% retracement but more likely is the current box holds support and moves away. 10% max of your book to enter this trade if you dare. Lets see how it plays out.
Yellow is conservative target for quick profits. Red box 1 is the extension of this, with red box 2 the maximum wave (highly unlikely) .
Min 22% return to yellow box depending on entry.
Nothing to sneeze at.
If you have had success with a trade signal and would like to tip or donate:
ETH 0xA931D6F82e37dC459096D68cD6d8414f79840753
If you are not already signed up on the below exchanges you are welcome to join using the below links:
Binance bit.ly/2DRH96k
Cryptopia bit.ly/2DGt24v
KuCoin bit.ly/2BvTIyI
These are the three core sites I use personally depending on the coins I wish to purchase. Primarily I use Binance for the cheap fees and BNB discounts, I also am registered on Bittrex but only use this when necessary due to fees.
Disclaimer:
The information published is not intended to, nor should it be, construed as financial advice. The sole purpose of publication is for personal tracking purposes and feedback. Any investment decisions, gains or losses, are your own and I hold no liability. Invest only what you are prepared to lose.
It is common to use no more than 10-20% of capital in any one trade.
Yellow is conservative target for quick profits. Red box 1 is the extension of this, with red box 2 the maximum wave (highly unlikely) .
Min 22% return to yellow box depending on entry.
Nothing to sneeze at.
If you have had success with a trade signal and would like to tip or donate:
ETH 0xA931D6F82e37dC459096D68cD6d8414f79840753
If you are not already signed up on the below exchanges you are welcome to join using the below links:
Binance bit.ly/2DRH96k
Cryptopia bit.ly/2DGt24v
KuCoin bit.ly/2BvTIyI
These are the three core sites I use personally depending on the coins I wish to purchase. Primarily I use Binance for the cheap fees and BNB discounts, I also am registered on Bittrex but only use this when necessary due to fees.
Disclaimer:
The information published is not intended to, nor should it be, construed as financial advice. The sole purpose of publication is for personal tracking purposes and feedback. Any investment decisions, gains or losses, are your own and I hold no liability. Invest only what you are prepared to lose.
It is common to use no more than 10-20% of capital in any one trade.
Order cancelled:
Salt has confirmed a movement in a downward channel for now, I would wait for verification of reversal via a full wave 1 breakout. Analysis invalidated. Blame btc haha
The possibilities are:
-Swing on this resistance at 88.6%, making a wave 1 and large 2, starting to move up on a wave 3.
-Pushes through the resistance and hits 100% retrace, it will likely go sideways if this happens and I would be waiting to see signs of strength return to the MACD, vol and RSI before entering another trade.
-Drops past ATL (all time low) and can sit on the sidelines with an alert for it crossing above the all time low point.