This is a trade I thought about off at work that really makes sense to me.
I guessed Ripple and Bitcoin Cash correctly and signaled them on my twitter ( same name as here ), as their volume was high and never recovered like other alts, so it was bound to happen. There was nothing magical about it, just common sense and how the market works.
I love markets like this, because it's very easy to profit off of them. You pick a solid coin that hasn't recovered, you analyse the chart, and you buy as low as you can and wait for profit.
This doesn't apply to Salt, as the volume is very low. However, as a fundamental analyst, I know Mike Novogratz is heavily invested in this, and since he is a great trader, I am pretty sure he sold his position near the top and waiting for a good entry point.
Today, Bitcoin proved to very resilient and broke the 8400 barrier everyone talked about. I believe Salt will pump.
We can easily break 2-3 fib levels.
Good luck
I guessed Ripple and Bitcoin Cash correctly and signaled them on my twitter ( same name as here ), as their volume was high and never recovered like other alts, so it was bound to happen. There was nothing magical about it, just common sense and how the market works.
I love markets like this, because it's very easy to profit off of them. You pick a solid coin that hasn't recovered, you analyse the chart, and you buy as low as you can and wait for profit.
This doesn't apply to Salt, as the volume is very low. However, as a fundamental analyst, I know Mike Novogratz is heavily invested in this, and since he is a great trader, I am pretty sure he sold his position near the top and waiting for a good entry point.
Today, Bitcoin proved to very resilient and broke the 8400 barrier everyone talked about. I believe Salt will pump.
We can easily break 2-3 fib levels.
Good luck
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SAlt breakout incoming
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Again, patience is a virtue. BTC going up, means lending platforms perform well. Hold if you are in,and I know you had a heart attack buying my recommendation at that time, but hope you held !
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Get ready, patience about to pay off !!!