after a nice confirmation of long-term resistance, SALTBTC looks ready to test ATHs within the week. Strong volume likely means pullbacks will be minimal until we see an exhaustion of demand. Given the current market, this could still provide some considerable near-term gains. Will need to use a position sizing strategy to manage risk here, as risk/reward levels are becoming extended.
The hourly chart below shows some ideas for potentially discounted entry, but given the strength I would be we don't see a lengthy or significantly discounted entry possible before it moves again. Flag here would indicate another 25-30% move higher after consolidation, near 0.0013s - potentially 0.0015s with some FOMO on the next push.
Long-term bias with SALT so these moves are also good entry points for smaller positions long term to trade around.
You can trade SALTBTC on Binance, a growing platform you should try if not yet already registered; they're currently upgrading infrastructure so you may not be able to register immediately, but the link below should work. Using their token, BNB, lowers trade fees to 0.05%. If interested in registering, I would appreciate if you use my referral link: launchpad.binan...m/register.html?ref=102766... It helps me a little and your fees are the same!
The hourly chart below shows some ideas for potentially discounted entry, but given the strength I would be we don't see a lengthy or significantly discounted entry possible before it moves again. Flag here would indicate another 25-30% move higher after consolidation, near 0.0013s - potentially 0.0015s with some FOMO on the next push.
Long-term bias with SALT so these moves are also good entry points for smaller positions long term to trade around.
You can trade SALTBTC on Binance, a growing platform you should try if not yet already registered; they're currently upgrading infrastructure so you may not be able to register immediately, but the link below should work. Using their token, BNB, lowers trade fees to 0.05%. If interested in registering, I would appreciate if you use my referral link: launchpad.binan...m/register.html?ref=102766... It helps me a little and your fees are the same!
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