KyleAbrams

SALT/ETH trade opportunity

BINANCE:SALTETH   SALT / Ethereum
Unsure if anyone here is familiar with who Quick Fingers Luc but he trades based off well established "bases"/supports on charts. Salt has a clear support/base formed at @.0069. Buying anything under this base you will see a return back to .0069 soon. Those who do not think so wait a few days. If the price where to drop lower I would buy more knowing that this would return back to its established base. This method is safest on higher volume coins. A good base is defined by a sharp drop in price preceded by buyers bringing the price back up sharply as well. Typically I place 3 to 4 buy orders under bases. First buy order is usually about 6% under base then continues buys every 5% getting bigger size trades the lower it goes.

If you go back through SALT/ETH chart you can draw other previous bases and see that there was buying support to bring back the price to previous base's again before dropping lower

This is my first trade that I have published on here. I have completed many many of these trades already so I know that it works. My charting is done on Coinigy, however I like that I can share my ideas/trades with the people on trading view as well. I will be posting more of my trade opportunities on here in the future.

Cheers everyone and Happy Trading!

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