$SALT Update

Last night I made the call to enter $SALT, a coin issued by a lending platform. Since then, it is up more than 10%. As you can see on the chart, we broke out of the falling wedge/channel very nicely and now it appears to be bouncing up and down. Hopefully, we will start forming a bull flag or just consolidate and continue up. I don’t have an established goal for this coin yet. At the moment, it seems as though it could go either way. What may be the determining factor is what Bitcoin does today. If Bitcoin makes a run, all alts will suffer. For now, we are looking good but I’m watching closely.

saltchartupdate.png