Top 10 Cryptos
At the moment of writing, top 10 assets were predominantly bullish, with all of them in green
Yesterday's short dip was quickly overturned by the bulls, who seems once again in control. Although there isn't much volume coming in, the bullish sentiment is prevailing.
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $1.47 on Coinmarketcap, slightly up from yesterday in fiat but flat in BTC.
On the 1 hour chart, STEEM maintained the 18k satoshis level for the last 12 hours
The 1 day chart is also flat, almost no change
SBD was trading, at the moment of writing, at $1.26, slightly up in fiat from yesterday, and up in BTC.
The 1 hour chart is relatively stable around 15k satoshis
The 1 day chart remains flat around 15k satoshis
SBD to STEEM Ratio
At the moment of writing, according to steem.supply you could get 0.849 STEEM for 1 SBD, up from yesterday, and under parity. SBD printing rate is 41.33%, up from yesterday.
Overall opinion: The bulls took back control very fast and that is a strong signal for a positive evolution of the markets. Still not too much volume, but, overall, an upward move is expected this weekend.
Disclaimer: I'm not a trader and this is not trading advice. I'm writing these articles for my own educational purposes and they are not meant as an investment foundation. Please make your own due diligences when investing and never invest more than you can afford to lose.
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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Yesterday was SEC ETF rollercoaster day. The bad news is seeing how "traditional" financial institutions .
Bitcoin recovered at night what lost early in the morning crossing the psychological $8000 level again. Stochastic in again in oversold levels so we could expect a bullish day, but it is weekend, so we will have to see how the day unfolds.
EOS suffered bitcoin morning downtrend getting the price below $8 almost hitting the triangle line which acted as a support. Even though it also recovered at night. Now price is in the $8,3 level and stochastic also showing oversold.
STEEM patter was quite similar than EOS, it broke the uptrend channel in the morning following bitcoin descent, in the afternoon recovered part of the losses and it is now trading at $1,48 with stochastic also showing oversold.
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Happy to see BTC back in bullish mood.
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The next month will be boring for us and September will come with some amazing news.
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What news can you give an example.but i hope its about steem and sbd i m waiting fot that
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Bulls come unannounced, if everyone is expecting it, there is no bull in sight.
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Am hopeful that it will show behaviuor like this in coming days. Good stats that everyone expacting
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That is good stats. Going up. And we are very hopeful about steem stats. Good anlysis.
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Happy to see this green color and i hope it will continue to show for next 1 month. I also have a news that bitcoin will go to 8900 in the next 2 weeks.
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Not now, when SEC rumor is debunked.
IMHO
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Steem is in the sideways zone since last few days, any great news coming in upcoing days.
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A little bit happy to see this.
Its going to get better.
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Good times ahead :) I just bought yesterday a small stake in upcoming project vice token that is based on steem. Hope it will have a big valorization too :)
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Other than the STEEM price stuck at around $1.5 which I'm okay with.
I'm just glad that BTC returned to $8000+ again... I was a bit disappointed when I found it 7900~ after it went up to 8500.
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Your rewad calculator was very useful sir, that's why i gave u my vitness vote
i
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Hi friend, I think the good news is waiting for November.
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Hopefully it will remain bullish during weekend and BTC will cross 8500 $ barrier
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Hopefully it remains like this the whole weekend... Bullish! Weekends tend to slow down the markets a bit a lot...
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I think the market will remain stable for some time and then it will go down to have a bull run again in September or October.
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Let see if btc can hold above 8000$ this weekend and then we start testing the next resistance line..
Good Day
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Steem trading well doing the sideways moment likely to go up : )
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Good inform , i hope next month good news . I ama waiting for great news .
Thanks for sharing @dragosroua
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The next month will be boring for us and September will come with some amazing news.
thanks
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@dragosroua Great Information
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the market price of bitcoin is ups and down every hour
i think it will increase very soon
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Hi this is my 2nd account just wondering your thoughts on delegation
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