SBDBTCSBD 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 more. so we expect that 10$ for SBD will occur as soon as posible.
SBDBTC
$SBD ValidationDoes 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.
SBD possible break out 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
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SBD BULL FLAG--target $22 100% moveSBD 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.
Resistance holding back growth
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 the parallel of of no growth upwards :( not sure when it will break but the sooner the better :)
Picture Perfect Desc Triangle SBDBTCOne 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.
STEEMBTC Weekly trend with fibonacci retracements #Bittrex chartSteem looks like its getting close to a bottom, watching for a reversal in the near future as we head near the 200sma on the daily chart. The longterm outlook on steem is bright since steemit is revolutionizing the way people share content. This could easily move back up to previous resistance near the .236 to .382 fibonacci retracement levels. Accumulation and dip buying for the longterm seems like the way to go.
My first steemit post :D steemit.com
coinmarketcap.com
The rise of the Steem Backed Dollar? SBDBTCFundamentals: Good dev team, been around long, growing user base, lots of real world applications for the currencies, therefore lots of liquidity and good distribution
Uncertainties: Not sure about the inflation model of the steemit platform, and how this affects the value of SBD. Also, Bitcoin rising in the near future could certainly hurt the SBDBTC pair
SBD short term longPoloniex will resume SBD deposits and withdrawals by 05:00 UTC on July 1st 2017.
Until now for the last days anyone wanting a withdraw had to convert SBD to BITCOIN which caused selling pressure and increased recent drop.
The market is oversold now and withdraws will resume tomorrow.
Target at least 10-20 %.
Graphene Blockchains, probably good to swap your BTS for STEEMAs there are only currently to major blockchains running under Graphene codebase, Bitshares and Steem, the userbase seems to be pretty much intersected. Steem dollars had an ATH in both volumen and price, and also Steem and Bitshares are reaching very good trading volumes. Bitshares has recently increased around 300% in value in a few months but Steem didn´t. So far the STEEM/BTS ratio it´s at the bottom and seems a good idea to swap a stake of your Bitshares into Steems. In case you don´t have any, a long position into Steem seems good.