SteemDollars Bullish Pattern And Signals (GREEN)

AlanSantana Updated   
BITTREX:SBDBTC   Steem Dollars / Bitcoin
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Many new opportunities are developing every day, and old ones paying great profits with much more to come (check the related ideas).

It's been a while since our last SteemDollars (SBDBTC) analysis. I did a search on my profile and the latest one is from September 21st, 2018.

I am happy to share that we hit all of our targets for great profits, you can see it here:
Now, I am seeing that SBDBTC is getting ready to move again so I am sharing it with you in case you too want to profit.

We are looking at a weekly chart here, so this is long term... feel free to hit like now, if you want to and let's get started with the chart!

  • Notice how SBDBTC has been moving up steadily since September '18 without much retrace.

  • It has gone through a long period of consolidation above EMA50 and now EMA10 is moving up as well.

  • The RSI is strong at 59 showing that the bulls remain in control.

  • We have a bullish pattern called a "bull flag" or "bullish rectangle" which can easily break up.

Conditions for change: This is an easy set up to trade but things can always change. A break and close below EMA50 and EMA10 would change this set up and a new analysis is needed. Remember to always use a stop loss.

This is not a piece of trade advice.

Thanks a lot for reading.

Remember to hit like.

We have a strong breakout to the upside:
Over 35% profits generated.

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