SteemDollars (SBD) Trade Analysis by Alan Masters
CHARTS, SIGNALS & INDICATORS
- We are in the consolidation phase, SteemDollars (SBD) can soon breakout.
- Newly formed uptrend.
- MACD Crossing over and showing plenty of room for growth on the weekly chart.
- Let's give this coin a second chance...
TRADE INSTRUCTIONS
Buy-in: 0.00033 -...
If you want to make a quick profit then jump in!
buy in range 0.0003700-4000
target green line 0.0005350-5500
macd is about to cross.
coin has been consolidating for some time and is warming up before a long run.
SBD on Bittrex
Buy 30687
Sell 32778
Potential profit 6.81%
Details
Bases respected
13/13
Success rate
100.00%
90% respected in
1.50d
Base Play Strategy
EXAMPLE
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...
Waiting for price to breakout above EMA55.
Price Reversal Strategy is indicating a buy.
We can observe from the past that when the EMA 55 is crossed we have seen some incredible gains.
Sell when the price breaks in a downward direction from the EMA 55.
I'm expecting this run to beat our previous high, which gives us an 80% profit.
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...
with small market supply will be aasily pumped by some group.
but now we will seek for another next pump.
some miss conseption for Steem dollar is it always pegged to 1USD.
yes it is not. it is set only floor for 1 SBD. not for the roof. :P.
but this fact im not too clear. correct me if im wrong.
let's see if it really fly or sink.
Markets a tad bit stale right now (imo), but we can still scout around for decent trades. I'm looking for a retest of .00034s/37 , at the moment, the accumulation phase looks lackluster,but once the momo picks up(AFTER 38s prove to be support)should see a swift move to 47s
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.
