SBD is looking very bullish and seems as if it has nowhere else for it to go but UP!
Nothing is 100% of course but I believe this downward pointing triangle can really be the end of this lengthy correction we have been sitting on for far too long.
Good luck everyone!
There is a possibility for having same pattern like in history of SBD. Currently it is right time to buy at Fibo level 0.382 . But put your stop loss at 0.236 Fibonacci level. If the price of SBD take a surge it will go for the last high point . You can take profit at 0.786 fibonacci level which would be pretty safe . If you want to hold then its upon your choice.
Looks like STEEM is going to take a dip from recently being grossly overbought.
This is a great opportunity to pick up some STEEM if you're looking for one.
NOTE: This is not financial or trading advice. Please take everything you see here with a grain of salt, and make informed decisions when getting yourself into positions.
STEEM just bounced off the support side of the channel. Great time to get in for a ride up to near the top of the rising wedge.
Some volume could be left for an anticipated break of the resistance and a parabolic move down the line.
Steem and Ethereum are the two first chains to break 1 million transactions barrier.
Ethereum struggled, Steem didnt care.
Fundamental
So in my crypto-portfolio you can see I have held Steem Dollars . That has given me greater returns than Steem would have.
Now I want to switch, but increase portfolio level. I feel Steem is giving me a better...
On the daily chart we can suspect that history will repeat itself.
Triangles marked and the downtrend produce similar pattern except in smaller scale where the breakout in the downtrend represents the resistance (top of the next triangle). Also break out into the bearish cloud are similar compared between first two triangles marked down.
This can possible...
A bullishdiamond pattern is forming on 1 hour timeframe. The only thing fishy about the diamond is that the breakout seems somewhat delayed. If the upper part is broken, the next target is near 6.00, based on the size of the diamond.
BITTREX:STEEMUSD
Steem circulating supply gets close to the total supply. This should create an increase in price as long as the adoption keeps progressing.
I opened up a trade and am looking at 4 targets based on Fibonacci levels. The timeframe is of course arbitrary.
Any thoughts?
Now, you can really hold this coin for LONG. When I say long, I always mention a few weeks but that isn’t really long, few weeks is a short amount of time. Months is also a short amount of time. Years is something long, but not that long, only half long, so let’s aim for months.
STEEM is a strong coin and you can hold it for long. But you can also make short term...
Nothing technical here, it's 3% of ath (unfortunately I only checked the data today). Putting it at lowest percentage of ath of any coin in the top 100 atm.
So daily macd might be about to cross. I'm still not fussed really. I'm averaging in now. 50% now, 50% in 2 days time (if that).
Simply put this project is still moving forward. It's a good project and can...
STEEM is still on downtrend if we look at the bigger picture.
but it is near at the deep IMO.
and on STEEMUSD shown that steem just break to another level.
look for pullback a 1.4 o 1.6usd per steem.
eiher pullback is valid or steem continue to the neck level
![SBDBTC: Long position for SBD BTC [Steem Dollars] ~ [48% profit]](https://s3.tradingview.com/4/47gEKbeE_mid.png "Long position for SBD BTC [Steem Dollars] ~ [48% profit]")
