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!
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
If $AAPL is interested in using $SBD for content creation, or a model like it, that may provide a spark to coins like $SBD, which have been largely trading near lower TL's. I would expect a quick move to its upper TL, nearly 30-40% higher.
$SBDUSD is holding its lower TL. This coin is a gapper--once the FOMO spotlight returns, the rise to its upper TL will be rapid. The upper TL is >30% current levels.
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.
HUGE RALLY IN POPULAR CURATION AND CONTENT REWARDS ALTERNATIVE TO REDDIT,
I SIGNED UP IN JULY 2017 AS SWIFTCOIN
FIRST TARGET 2.40
NOT THE SAME AS STEEM USD
VERY MYSTERIOUS SYSTEM AT STEEMIT BUT STILL VERY POPULAR, METCALFE'S LAW COMES TO MIND VIZ. VALUATION OF A NETWORK
LONG TERM COULD GO MUCH HIGHER
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.
Fundamentals: 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
steem dolllar i look like reaching it starting point where the price initially introduce. it over to steem if that price go lower than that price.
im buying this coin yesterday during bullish engulfing conformation.
the price hav strong ressintance blue box. if it pass.. the time for steem dollar have come.
w shall relate with news. around july and aug.
anybody...
As 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...
