SaluS (SLSUSD) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, SaluS began a wave one advance on November 12, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 24, 2017, and the red wave two (blue sub-waves a-b-c) correction ended on February 6 this year. If this wave count is correct, SaluS should be heading next towards the December 24, 2017 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Looking at the weekly chart, I believe SaluS is currently in the red wave five (blue sub-wave iii). The red wave five began on November 12, 2017.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
SaluS is a closed-end crypto holding fund.
(Sources: http://saluscoin.info/ and Bitcoin Talk)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "SaluS will takeout the December 24, 2017 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "SaluS will drop below the November 12, 2017 low".
If you think SaluS is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "SaluS will stay in a trading range between the November 12, 2017 low and the December 24, 2017 peak until April 6".
You can upvote the comment until 3 PM EST March 4 and you can upvote only one comment. 50% of SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first).
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