Steem Dollars (SBD) Target $28.80...Check Out This Chart!!
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SUMMARY
Steem Dollars (SBD) is now about complete the confluence of technical events for the next ROCKET UP!! The below chart shows an uncanny a,b,c,d,e triangle that nearly complete, if not already! The MACD indicator is about to turn up as well (green circle and arrow). The blue lines are targeting $28.80 or MUCH HIGHER!!
Here is the SBD/BTC pair and frankly, can't tell the difference between this chart and that of the SBD/USD!! They are near identical!! This is bullish! IF BTC is rising, then SBD/BTC should fall at equilibrium demand. However, the demand for SBD/BTC is so high...even if BTC rises, SBD/BTC will rise! This is UBER BULLISH!!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - haejin1970
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
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LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**
@haejin if SBD hits $16 it will be the first jackpot for us steemit posters, and when it hits $30 it is the big jackpot. This are the gifts a powerful platform like steemit can provide to people making a hardwork, looking to make steemit a better place every day.
Thanks for sharing this technical analysis about SBD.
Resteemed and Upvoted.
Regards, @gold84
When it first reached $10, I honestly thought it was a pump-and-dump. But times shows that SBD can be stable at $10.
Agreed @fechaugger . @gold84
Yes if pumped every day as they have been doing
I also believed in your analysis and made some investment in SBD
I am working hard on STEEMIT and collecting SBD.
I take my gratitude for your analysis.
I wish you MASSIVE profits!
Don't forget about the YouTube upload it will get you more Steemit followers a lot of people still don't know about Steemit.
Me too :)
Cant figure this one out .. I guess thats why technical analysys is way to go ..
Hello, this is very helpful and informative to me. Give you 56% upvote! Cheers!
(Upvoting this comment will help street children of Manila, Philippines this Christmas season) Docu here: https://steemit.com/life/@rashley01/iskolar-marie-simple-wishes
Upvoted😉
All nice but why? Wasn't SBD supposed to to begged to USD ie. worth 1 dollar?
No one knows
Just enjoy the ride is my advice 🙃
Nobody really understands why SBD is going up so high.
But while my rewards are 10x as high as normal. I'm not complaining.
Enjoy it while it lasts.
God Bless You Haejin !!!
I want to feed you a big chocolate cake for your awesome analysis..
We will see if this holds true.
Bullish chart. Awesome work.