According to Elliott wave theory wave 5 is going to reach a high of as much as $14 per SBD. I feel that the news that justifies this increase of the steem backed dollar is the amalgamation of the return of Graig Grant &Trevon James plus the emergence of Anthony fantano onto the steemit platform. I see all the traits and circumstances necessary to propel dtube and the steemit blockchain on to the mainstream, thereby giving those embedded into this ecosystem the means to affect their community using the power of social media and the blockchain. Thank you for sharing this analysis with us, may you continue to have the energy and passion to provide us with your unique perspective. Namaste.
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This is short term analysis normally I do as swing trades. I am expecting 5th wave to take SBD above $20 if whales don't try to keep it down. Let's see