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.
Steem 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...
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
Poloniex 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 %.
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...