SALT Lending (SALT) Analysis: Both SALT/USD and SALT/BTC have to complete correcting...then BLAST OFF! See the full analysis in this blog!

in #bitcoin4 years ago

SUMMARY

Check out the BEAUTIFUL Cup & Handle BULLISH pattern on SALT/USD pair! When you combine it with Elliott Waves, the wave 4 making up the handle portion provides a confirmation that otherwise would not be available. This is why the comingled application of Elliott Waves and Chart Patterns make a powerful algorithm! Target is $10.57 but the hand has to complete first. So, is now a good time to ladder in and buy? Damn yeah!

Look how BEAUTIFUL the triangle is on SALT/BTC pair! The markings of the a,b,c,d,e are so clear and crisp! Once you are able to spot these patterns and correctly label them, you gain greater awareness of the probable price pathway. This greater awareness keeps the FOMO and Panic attacks away! How do you learn this? Review @haejin's tutorials and practice everyday on counting.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

Follow me on Twitter for Real Time Alerts!!

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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - haejin1970
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LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf


Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**

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Nice! SALT is one of my riskier picks, but I've been very happy since I picked it up a few days ago. It's only 2% of my overall portfolio but I honestly hope the team is successful. I honestly think they could bring incredible value to the crypto space as a whole if people will be able to make loans and use their crypto portfolio as collateral. It'll go a long way to legitimizing cryptocurrencies.

Notice my technical and analysis mentions nothing about fundamentals or the core team or any news or events.

This is because technical analysis is purely dependent on sentiment. Price is a reflection of sentiment that is more immediate, earlier than the effect of sentiment on news events or fundamentals . This means that news events or fundamentals do not move price instead price moves news events and fundamentals.

Thanks for everything I have learned so much!

Really? I thought FOMO and FUD events were all about the price being affected by outside news. I'm sure I saw one of the coins ramp up in price because a media conference was being held and then the price dropped dramatically when that media conference said that developments were being delayed until February.

This is blowing my mind.

I hope so. I picked up salt cheep around 2.30 usd. looked interesting, kinda like the chip reverse mortgage for crypto. Lets see where it goes. :) i would buy more under $5 usd.

just been a few hours and now getting closer to $5

I see the SALT token as a loan origination fee. At this price imo that is a deal if you want to use the service. Can't wait until they go live with the first loans.

Bought the ico but then been laddering in from $3.50-6.00

Here we go handkle formed next stop wave 5

Great analysis once again! Can you do an EOS update soon, this latest run has me nervous.

I think as per his previous analysis we are looking for around 5.50 and then a correction and onwards and upwards to 7.50. I'm enjoying the profits, nothing to be nervous about.

Just hodl!

I think SALT is the winner coin in 2018, good acumulation and good proyect

A good pump :D

Your post has been resteemed to my 2500 followers

Upvote this comment if you like this service

You my friend are the Salt of the Earth! Massive profits to you!!! $$$$

I wish you MASSIVE profits!

Hopefully we won't get Salt in our wounds...see what i did there?

sirr i need some steem to go on steemit plz resteem my post

@haejin, thanks for doing this analysis!

Your analyses are helping me understand market trends a little better.

Appreciate your insights!

Lots of views, well done !

I wish you MASSIVE profits!
My aim is to help and do no harm. So gaining as much visibility to my blogs so more can be helped is key.

If you'd like, for three 100% upvotes per day, I can provide weekly 1 hour Skype based consults for custom analysis and coaching on Elliott Waves as well as forecasting. If interested, please contact me at: [email protected]

I see the value in SALT. Thanks @haejin.

good i likee bitcoin

Nice one, it's done!

Hi Haegin, could you do BCH.

DISCLAIMER :
This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.
It is strongly recommended that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.
Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consult an investment professional before investing.
All ideas , trade signals , opinions and/or forecasts are for informational, educational and research purposes only and should not be construed as a recommendation to invest, trade, and/or speculate . Any investments made in light of these ideas, trade signals , opinions, and/or forecasts, expressed or implied herein, are committed at your own risk. I am not an investment advisor, information shared here is for informational, educational and research purposes only and not a recommendation to buy or sell anything .

i have resteemed your post because i like it

Thank you Haejin for all the knowledge you share! I’m learning how to be patient in crypto as that was my problem all along. Now I need to learn when to ladder out! Please if you have time can you take a look at nxs!

I wish you MASSIVE profits!

Thanks for sharing!

Haejin,

Thank you for all you do! I've been following you on twitter and YouTube for a little while and signed up to steemit to follow you here.

Thanks for sharing your knowledge in such a constructive manner.

brilliant call here. it only took 5 days to manifest.

Hey @Haejin , could you take a look at my technical analysis for SALT/BTC

https://www.tradingview.com/x/37WU1ptR/

Thanks . I wish you MASSIVE Gains!

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