Now that SBD made a new low, there is only one last bullish alternate left. I am turning bearish on SBD, at least until BTC is done with the dropping.
Yesterdays count was invalidated today, and the only bullish alternate is the abcde triangle. But, we need a bullish wick and a lot more volume for that today, or tomorrow...
I doubt that SBD will show strength, because the volume is very low right now. I think this is whats going to happen:
I think we will need a panic low as we did with STEEM. People need to think that it is going back down to one dollar...
In fact @ 2.4 $ value I will buy a shitton of SBD.
This count will only be invalidated @ 71 cents for one SBD. Do you think that this is ever gonna happen?
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steem next move
https://steemit.com/cryptocurrencies/@salahuddin2004/4crzbe-steem-for-steemians-next-meeting-at-usd-10-70
This happens to most coins, but the best of them rise and get better. I know and would rise better with more people joining the Steemit community with Quality articles
No way this can't be happened. If what are you talking is real then God help us all.
I have some good statistic views for you in my blog: https://steemit.com/steem/@sevenseals/steem-statistic-charts-week-02
To be fair, SBD is only supposed to be 1$
Well for me I'm not sure what's going to happen with SBD price, but I'm positive steem will continue to go up high, so strong hold for steem. Steem boom boom kaboom!!!
Wowwwww i hope sbd over high tomorrow.. good news
Thanks for the post but seriously the price drop is temporary, market will be rise soon along with steem that's what i think though. @ew-and-patterns
Thanks for share this information......
Carry on stay with it
Good post
nice post for streem...
thanks for sharing...
i will wait for next post,.,,
Dumped most of my SBD over $10.
ليه التشاؤم دا
that's really wonderful
Nice update. Can you please upvote and follow me @muhammadismail92
I guess i'm gonna convert most of my sbd to steem for now then!!
It's the worst ratio it's been in a while 1 SBD = 1.2 steem Wait for SBD to go up or Steem to go down, or ideally both
I converted some incase the ratio becomes worse. I also kept some incase the ratio gets better!!
Bahahahahahahahaha xD xD xD This cracked me up!!!!!
Agreed, there is a longer longer correction coming.
I noticed the mood steemians during fluctuations steem and SBD. When they fall, the fewer people vote. They're in a bad mood. But when growth, all so happy, and I do not regret votes for each other. Positions are paid so generously! In the Wake of universal joy. I hope the fall will not be long. Better days ahead of steem and the sbd.
For $ 2.4 I am buying as well a lot I just did it as an open order on Bittrex ;)
i did a post on same issue and reiterated why i think steem and sbd will never fall back to its former low. thanks for sharing
Please allow me to translate into my country language and post it again @ew-and-patterns
This information is important to all steemians
I already have 2 idonesian guys translating for me. Are you indonesian too?
Yes I am also Indonesian @ew-and-patterns
😊😊
Waaaaa, that's an unfortunate development. I am going to sell my SBD now.
some analysts are saying that btc wil go back to 18500 in less then a week, so then we wont have this scenario right? what about steem? With all the bullish flags I was thinking it would have hit a new ath by now, but it didnt :)
I would love that, but I doubt it. There is not even one bullish pattern in BTC. Its a giant bear flag.
Remember that price consolidation takes 60% of time, distinct movements only 40%. STEEM will take its time to rise again. But if BTC becomes stable again, STEEM will likely profit from that.
I don't think that's ever gonna happen maybe $2 but not even a $1 , in the next couple of months, there will be a new high as more new users are entering into the system, and that would lead to more investors investing.
The time to sell any profit was last week, better to HODL now!
If in doubt, power up.
I don't think so. If it really goes so cheap, I may buy more steem to increase my steem power!