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RE: A Look At The SALT Chart

in #crypto7 years ago

I'd stay away. When EMA crosses signal from the top of the uptrend people tend to ignore Williams%R levels. When %R levels are ignored, trend is everything and true price means nothing. Looking at your SALT charts, I would trade between 500 and 1000 sat keeping close eyes on Elder ray and Williams%R. If Elder is unable to make new highs and price finds new bottoms at the bottom of Williams%R I'd sit back and wait it on 500 sat.

Very useful for situations like these is Alligator study. Search it up and follow it strictly especially when price is coming back from retracal like here.

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