SALTBTC

SALTBTC

Dropped from its ATH from 0.00120043sats and down back to its ATH at 0.00031626sats.

A lot of upcoming news around it towards the end of this month March 2018

1- Development Platform: API & Dev Tools

2- ETH Collateralized Loans

3- Launch Loan Fund

4- Launch Credit Cards

TECHNICAL ANALYSIS:

Back to its ATL SALT downward movement has stopped, and now consolidating currently at its initial ATL at 0.00031626sats.

Falling wedge formed and consolidating right at the support level. A major move up back 0.5fib retracement level is an important zone to look out for. Oscilator (STOCHASTIC RSI) fully oversolde and waiting for a bullish cross.

More confirmation on the chart is the REGULAR BULLISH DIVERGENCE

PRICE : LOWER LOWS

OSCILATOR: HIGHER LOWS

This indicates that strenght is building up and will go up, so the down trend will change to an up trend if the support holds firm.

TECHNICALS suggests that move down to 0.00030559sats will likely be tested before a move up in price.

Target should always be the 0.5fib retracement levels at 0.00075993sats.

Disclaimer: The analyst won't be responsible for a loss of fund. Trader should be able to manage risk.

HAPPY TRADING

$COV HODL

 

 

 

 

Trade Ideas
View all