STEEM DOLLARS (SBD) - The result of our triangle and the Break Out

in bitcoin •  7 years ago  (edited)

Hello all,

Two days ago, I was suggesting you to keep an eye on the STEEM DOLLARS (SBD) which was making a triangle pattern for which a nice Break Out was expected.

Here was the chart when I asked you to keep an eye on it earlier:

SBDUSD.jpg

Here is the current chart :

SBDUSD.jpg

So as expected, we did a very nice break out but unfortunately it is a DOWN break out...
We have already a move of more than 3$ per SBD and it could go test the support line below that I put in green.

Again a very nice profit for a short term trade that I advised you for free. Enjoy !

I wish you massive profits,
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) - Résultat du Triangle et du Break Out

BARRE STEEMIT.jpg

CryptoPassion-Bannière.jpg

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Thank you for posting

Well, I think this is result of bitcoin huge dump and we will see a quick recovery once bitcoin stabilizes.

Very informative, good analysis

good info brother

what is the price of sbd at that green line? everything has dropped. over 100 billion drop in the whole crypto market!

Most of the down turn in the price is based on the BTC low this morning. I believe we will be getting some corrections before the end of the day. The price will be fluid but seems to be right around 17k for the sweet spot before upward motion.

I am not responsible for any of your losses.

For sure, if I make profit, you won't share from it. Nice post, Sbd really help me so much. Happy new year in advance.

Yes dude SBD will rise again after this correction. Thank You for your update.
Followed and resteemed !

nice bro,, ALL the market is down today,, and after this small crash SBD will touch a new high again

excelente, woo.. SBD will increase again we will continue forward as a family.

nice. keep up the good work.

Not only SBD, all coin are falling today.

now it’s dropping again... only $7 for 1SBD now. 😔

your news is nice, bitcoin rising day by day , I wish you massive profits, next day we will get great news, thanks your personal advise

It's now 6SBD for $1

Great info

High SBD's were nice for awhile, but I knew with the $1 peg it couldn't last forever :(

I'm new to the world of crypto and I'll be following you for insight. Always trade with a wise mind.

Broke out on the Wrong Side

Thanks for keeping us up to date.

cool-- thanks por update

Great investment advice, it is time to watch and see if the market will pick up any time soon

I saw this coming, SBD will raise again
But this time it will raise higher than before
Thanks for the alert

Funny it raise at the beginning itself, should be SBD pegged to USD..
But traders, raise it up to heaven, yeah agree good profit for short term.. :)

How far down will it go? thanks.

Good post @cryptopassion! In some moments I agree with you. But also I think maybe it can make new peak. Also it is just my opinion.

actually it happend like 3 days before so cant say "as expected"

Indeed! This is a wonderful logistics and skillful prediction. I am glad to have come across your post. It widens my horizon I must confess.thanks for your mentorship towards making us understand more about how to watch the market and make a huge chunk of money

Nice info ...