Hello everyone! I hope the new year is treating everyone well!
With this being my second post here, I think now is a good time to talk about salt!
(Too Salty)
With a market cap of only $663 million as of writing this, and with not a whole lot of coins( 54,522,948 SALT to be exact!), salt is definately one of my top picks for the next quarter(maybe even longer!).
As you can all tell, a massive cup and handle seems to be completed( or not so much longer) and i am overly confident in a romantic bull run.
With the possibility still that the current spike we had was Wave 1 of the impulse, i have drawn out an entirely new course separate from the climb we already had.
As you all know how hard it is to predict the accurate movement of the waves, i have labeled a general idea of where we might go including fib levels.
Buy zone is pretty much where we are right now so i recommend buying tonight or tommorow!
Best of profits to all and I hope to post again soon!
Cheers!
Sebastian.
It is not a very pretty cup, but it is a cup :D I think it will work out like you projected. Maybe wave 5 a little lower. But you never know, extension is always a possibility.
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thanks for the reply man! really appreciate it! if you go on a higher time frame it looks much cleaner.
Ive noticed wave 5 in cryptos is usually as long or even longer than 3. anyways im excited to see what happens! :)
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Great find, a lot of cup and handle patterns explode out so your prediction is quite possible! Nice use of Fib too!
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Thanks man! appreciate it!. I believe it reached its low and should be new highs from here ! cheers!
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Nice breakout this morning - i actually took out 20% of my verge to invest in SALT after you alerted me to the c&h pattern! After a drop between 95000-92000 sats we should hopefully see another lift off!
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yeah most definately the bottom that we had for the past couple days was the lowest we should go. already seeing nice growth today!
I also hold verge . we had a nice breakout happen last night. Curious as to where we will go from here.
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Yeh the breakout still fits within the big triangle pattern in the 1hr chart, so i assume we are still working our way through that
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:). It happened!! WRAITH IS OUT BABY!
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Here is a link for anyone wanting to check out the full chart.
https://www.tradingview.com/chart/SALTBTC/A0sJELGe-Salt-Massive-Cup-n-Handle-HUGE-BUY-OPPORTUNITY/
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Thanks, didn't even know about salt... I'm new to crypto's but I have invested in 3 so far.
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Np salt is a good buy. How long have you been trading?
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