BITTREX:SALTBTC is currently getting squeezed between support and resistance which may lead to an early breakout. Price is bouncing off the 100MA on the 2HR , pushing the price against current resistance. I would suggest waiting for breakout to enter since the market is still in a a precarious position at moment.
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@jon.bryant59, i would hodl at this price level but and would only reduce my position if price falls below 8500/8000 depending on your risk tolerence. No need to worry but no harm in reducing your position size to catch other rallys...
Balas
SALT squeezed through because 100MA support didn't break...
High probability we will se a quick dip.
Suggested Strategies:
Stagger limit orders in Entry Zone
Take Profit at Fib. Resistance
Entry Zone: .0008500/.0009000
TP: .00120000/.00180000