meszaros

SBDBTC exchange rate before rising...

Long
meszaros Updated   
POLONIEX:SBDBTC   None
SBDBTC exchange rate before rising. Our assumption is that the exchange rate moves with a very tight ATR speed. The SBDBTC is a crypto pair with a fairly low liquidity but strong daily volatility. Therefore, in a very short period of time, it can move great. In our view, there are two ATR axle slopes in front of the exchange rate movement. Therefore, it is probable that a slower ramp-up. As the number of traders growing is increasing, the exchange rate will shift to a higher slope. If our analysis is correct, we expect two and a half wave increments with significant back corrections. Our primary target price, which is later considered as a correction axis 0.0004353
Comment:
A bearish spike is expected to reach a level of 0.00011204 before the upward movement of the exchange rate.

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