Hello all,
The STEEM DOLLARS (SBD) is forming a new triangle pattern and we should see soon a new Break Out:
As always no one can be 100% sure of the direction that the Break Out will take.
The safest way to trade it is the following :
- Wait the start of the Break Out (UP or DOWN)
- Enter your position by following the trend
- Determine your profit target when you know the price of your entry
- Wait and adapt if needed your profit target to sold your position with I hope a nice profit.
I wish you massive profits and a merry Christmas,
Cryptopassion.io
Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
Version française ici : [FR] STEEM DOLLARS (SBD) - Nouveau triangle en formation - Break Out imminent
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wow i think we will get ATH sbd price next time... I am holding it
LOL. Still kicking myself for converting my SBD to Steem a while back. Woops!
I'm keeping my SBD for couple of days and I'm waiting for some rais to convert it to steem and power up my account. I hope that it will be huge rise :)
I want SBD to go higher! Thanks for the post!
Your advice is very clear but you do not seem confident @cryptopassion. Thanks...
Attention Traders
All crypto trades are taxable events in US 2018 Merry Christmas
Awesome gif :) sbd will make a Christmas Gift for us :)
I'm pretty confident it will go upwards, steemit is growing very well ...
For all writers here, let's hope that the outbreak will be an upwards trend.
Love your pearls of crypto wisdom!
Thank you very much @cryptopassion for notifying SBD traders of this imminent breakout. It will help in their investment decision.
Upvoted and Resteemed. Thank you for the constant influx of investor knowledge. Many of us are benefiting do to your generosity. Thanks and praise.
I like the bilingual posts, each post is doubled now . Genius
is good men up
Plz see my account...and follw
Iam so excited with this sudden rise in the value of both steem and steem dollars but the thing is why steem dollars are increasing instead of steem itself because we all know steem is the main currency of steemit and sbd is just here to make sure we get at lest the value of $1 per sbd but right now sbd is on it's all time high and steem is slowly chasing it but very slowly,
Good information. Your posts are worth to be upvoted. I am new to this world of crypto currency and your analysis are helping me alot.
good technical analysis thanks for sharing
wil be interesting to see if a breakout will actually occur...with the holiday season upon us, trading volume will be relatively low compared to more busier times of the year when many are working and not away on holiday.... which way do you think the breakout will occur? Long or Short?
Supply came in recently in the STEEMBTC chart so there's a resistance and it will maybe trade sideways for a while. I'm by NO MEANS an expert, just my understanding..
Please know that the protocol of SBD is designed to keep the value of 1 SBD close to $1 USD. Right now the cost of 1 SBD is abnormally high because of intense interest but the protocol will eventually bring the value back to $1 or at least slow the increase relative to other crypto currencies. If you believe that SBD will increase then you will see higher gains by just buying Steem.
Let’s hope it will be an uptrend!
Let the breakout begin..
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Do you mind having a look at verge and or redd coin?
admire how people can read graphs like that :D hoping for the upward break out...
let's hope it will go back to up the realms of $15 again, that was kinda nice for rewards i have to say! :)