Steem Dollars will be going down until we start breaking our first downward wedge. It will take time. We do not recommend to enter this trade yet. You can set up your partial buy targets but have a tight stop loss in place. Our recommendation would be to wait until we get close to our Strong Demand zone. Do not invest what you can't afford to lose. We are not...
Hi All Traders, SteemDollars has hit a bottom and has a strong baseline here. Once your at the bottom there is really only 1 direction you can go. SBD has been retracing from the large spike up in early December, but has now found that solid support it was looking for. We have a support band between 0.000305 and 0.000319 that price is currently in. This level...
SteemDollars (SBD) - available on Bittrex, HitBTC and Poloneix, has been going down for quite a while now, since early December, and has the potential for a strong "leg up". You know I am always saying that coins need at least 2-4 months of consolidation before doing anything "significant" once a top is reached. Well, SBD has been retracing for 3+ months. It has...
We just had a breakout of this downward channel. I will be accumulating throughout these lows as we prepare for the big moves.
Still in step of small correction (Falling wedge) in Wave 3 riding
SBD is one of the high potential coin for next 10 days. But the variation of BTC can effect on SBD price. as u see, according to the Elliot waves, first and 2th waves is now completed and we are on 3th wave. so by seeing the fibo resistants we can see that SBD could reach about 0.0009BTC. we have a strong resistant here and if SBD could break it, it can raise...
Does Mark Cuban's new coin investment's business model validate $SBD's content-creation theme? $SBD may break out of large bull pennant as the $CRNC ICO approaches, and hype ensues. One to watch.
Yesterday, someone said few words about it. Maybe it is one of sh*tcoins but the idea is pretty neat. It is kind of expansion tank for Steem. I will keep my eye on it.
SBD seems like going up.. if it breaks the traingle from above with a good green candle then we're gonna see some rockets lol if you had anything to add please comment
SBD made a bull flag; great bullish continuation pattern. High volume breakout w/ volumes trailing off into consolidation. Height of breakout was ~$11, leading to target of $22 on break of continuation, 100% increase from current levels.
SBD seems to be coiling; could see a nice pop out of this pattern to $19.
www.tradingview.com Thought I'd throw my chart up in case anyone holding steem was wondering why it wasn't moving up. since early afternoon until now, 17:30. The support has been amazing since yesterday, hence the massive run upwards. Any comments or questions I'm happy to help. In my chart you'll a rectangle i've made where the resistance band is hovering and...
Good Luck everyone! SBD looks great as a short term investment!
I honestly dont understand wich part of Steem BASED DOLLAR the koreans don't understand in SBD
One of the most picture perfect wedges/Descending triangles I think I've come across for a while. Strong support just above 16000. Based on previous bull run could easily do 25% gain here in a pretty short time frame. As always stay focused and trade to trade well.
BITTREX:SBDBTC It seems to be forming a triangle pattern. Buy at 19647 level. Sell below 42547 level. Stop loss 13500 level.